Associated Banc-Corp (NYSE:ASB) went down by -3.76% from its latest closing price when compared to the 1-year high value of $23.83 and move down -24.11%, while ASB stocks collected -5.28% of loss with the last five trading sessions. Press Release reported on 02/14/20 that Associated Banc-Corp closes acquisition of First Staunton Bancshares, Inc.
Associated Banc-Corp (NYSE:ASB) Worth an Investment?
Associated Banc-Corp (NYSE: ASB) scored price to earnings ratio above its average ratio, recording 10.06 times of increase in earnings at the present.
ASB Market Performance
ASB stocks went down by -5.28% for the week, with the monthly drop of -9.52% and a quarterly performance of -10.61%, while its annual performance rate touched -18.85%. The simple moving average for the period of the last 20 days is -5.55% for ASB stocks with the simple moving average of -7.48% for the last 200 days.
Analysts’ Opinion on Associated Banc-Corp (NYSE:ASB)
Many brokerage firms have already submitted their reports for ASB stocks, with Raymond James repeating the rating for ASB shares by setting it to “Mkt Perform”. The predicted price for ASB socks in the upcoming period according to Raymond James is $20 based on the research report published on February 20, 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see ASB stock at the price of $20. The rating they have provided for ASB stocks is “Underweight” according to the report published on January 6, 2020.
Robert W. Baird gave “ Neutral” rating to ASB stocks, setting the target price at $20 in the report published on December 3, 2019.
ASB Stocks -9.06% Far from 50 Day Moving Average
After a stumble in the market that brought ASB to its low price for the period of the last 52 weeks, Associated Banc-Corp was unable to take a rebound, for now settling with -19.45% of loss for the given period.
The stock volatility was left at 1.81%, however, within the period of a single month, the volatility rate increased by 1.87%, while the shares sank at the distance of -7.47% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -10.74% lower at the present time.
In the course of the last 5 trading sessions, ASB went down by -5.28%, which changed the moving average for the period of 200 days to the total of -15.34% of losses for the stock in comparison to the 20-day moving average settled at $20.25. In addition, Associated Banc-Corp saw -12.89% in overturn over the period of a single year with a tendency to cut further losses.
ASB Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Associated Banc-Corp (ASB), starting from WILLIAMS JOHN B, who sold 2,360 shares at the price of $20.53 back on Feb 11. After this action, Rushing now owns 43,130 shares of Associated Banc-Corp, valued at $48,441 with the latest closing price.
Lau Timothy J, the Executive Vice President of Associated Banc-Corp, sold 4,000 shares at the value of $20.73 during a trade that took place back on Feb 05, which means that Lau Timothy J is holding 46,910 shares at the value of $82,914 based on the most recent closing price.
ASB Stock Fundamentals
The current profitability levels are settled at +26.62 for the present operating margin. The net margin for Associated Banc-Corp stands at +20.89. Total capital return value is set at 5.02, while invested capital returns managed to touch 4.61. Equity return holds the value 8.50%, with 0.90% for asset returns.
Based on Associated Banc-Corp (ASB), the company’s capital structure generated 108.39 points for debt to equity in total, while total debt to capital is set at the value of 52.01.