Hancock Whitney Corp (NASDAQ:HWC) shares, rose in value on Friday, May 30, with the stock price down by -0.89% to the previous day’s close as strong demand from buyers drove the stock to $54.67.
Actively observing the price movement in the last trading, the stock closed the session at $55.16. The PE ratio was 10.10 over 12-month period. Referring to stock’s 52-week performance, its high was $62.40, and the low was $43.60. On the whole, HWC has fluctuated by 4.95% over the past month.
With the market capitalization of Hancock Whitney Corp currently standing at about $4.68 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.65, with its dividend yield at 3.02%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.52B, with a low estimate of 374M and a high estimate of 379.91M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 375.99M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HWC’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.26, with the price of HWC currently trading nearly -1.41% and 4.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.14, while the 7-day volatility ratio is showing 2.09% which for the 30-day chart, stands at 1.92%. Furthermore, Hancock Whitney Corp (HWC)’s beta value is 1.07, and its average true range (ATR) is 1.44.
A comparison of Hancock Whitney Corp (HWC) with its peers suggests the former has fared considerably weaker in the market. HWC showed an intraday change of -0.89% in last session, and over the past year, it grew by 19.21%%.
Data on historical trading for Hancock Whitney Corp (NASDAQ:HWC) indicates that the trading volumes over the past 3 months, they’ve averaged 740.94K. According to company’s latest data on outstanding shares, there are 86.03 million shares outstanding.
Nearly 1.36% of Hancock Whitney Corp’s shares belong to company insiders and institutional investors own 89.14% of the company’s shares. The stock has fallen by -0.09% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HWC stock heading into the next quarter.
