PacWest Bancorp (NASDAQ:PACW) went up by 9.29% from its latest closing price compared to the recent 1-year high of $46.75. Press Release reported on 07/19/21 that PacWest Bancorp Announces Results for the Second Quarter of 2021
Is It Worth Investing in PacWest Bancorp (NASDAQ :PACW) Right Now?
PacWest Bancorp (NASDAQ:PACW) scored a price-to-earnings ratio above its average ratio, recording 13.44 x from its present earnings ratio. Plus, the 36-month beta value for PACW is at 1.59. Opinions of the stock are interesting as 8 analysts out of 10 who provided ratings for PacWest Bancorp declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $49.65, which is $10.54 above the current price. PACW currently public float of 114.45M and currently shorts hold a 1.96% ratio of that float. Today, the average trading volume of PACW was 812.61K shares.
PACW’s Market Performance
PACW stocks went down by 0.00% for the week, with a monthly drop of -1.84% and a quarterly performance of 5.44%, while its annual performance rate touched 117.93%. The volatility ratio for the week stands at 5.31% while the volatility levels for the past 30 days are set at 3.51% for PacWest Bancorp. The simple moving average for the period of the last 20 days is -2.00% for PACW stocks with a simple moving average of 17.32% for the last 200 days.
Analysts’ Opinion of PACW
Many brokerage firms have already submitted their reports for PACW stocks, with Truist repeating the rating for PACW by listing it as a “Hold.” The predicted price for PACW in the upcoming period, according to Truist is $43 based on the research report published on June 21st of the current year 2021.
Raymond James, on the other hand, stated in their research note that they expect to see PACW reach a price target of $48. The rating they have provided for PACW stocks is “Strong Buy” according to the report published on April 22nd, 2021.
PACW Trading at -7.60% from the 50-Day Moving Average
After a stumble in the market that brought PACW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.48% of loss for the given period.
Volatility was left at 3.51%, however, over the last 30 days, the volatility rate increased by 5.31%, as shares sank -5.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.34% lower at present.
During the last 5 trading sessions, PACW remain unchanged, which changed the moving average for the period of 200-days by +132.34% in comparison to the 20-day moving average, which settled at $40.21. In addition, PacWest Bancorp saw 55.55% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at PACW starting from PIECZYNSKI JAMES, who sale 35,000 shares at the price of $43.74 back on May 04. After this action, PIECZYNSKI JAMES now owns 125,618 shares of PacWest Bancorp, valued at $1,530,900 using the latest closing price.
Acker Tanya M, the Director of PacWest Bancorp, purchase 600 shares at $43.51 during a trade that took place back on May 03, which means that Acker Tanya M is holding 11,006 shares at $26,106 based on the most recent closing price.
Stock Fundamentals for PACW
Current profitability levels for the company are sitting at:
- +23.91 for the present operating margin
The net margin for PacWest Bancorp stands at -100.91. The total capital return value is set at 5.10, while invested capital returns managed to touch -25.58.
Based on PacWest Bancorp (PACW), the company’s capital structure generated 16.98 points at debt to equity in total, while total debt to capital is 14.51. Total debt to assets is 2.07, with long-term debt to equity ratio resting at 15.89. Finally, the long-term debt to capital ratio is 13.58.
When we switch over and look at the enterprise to sales, we see a ratio of 2.79, with the company’s debt to enterprise value settled at 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.21.