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Western Alliance Bancorporation (WAL) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for Western Alliance Bancorporation (NYSE: WAL) is above average at 3.33x. The 36-month beta value for WAL is also noteworthy at 1.47. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”

The average price estimated by analysts for WAL is $80.79, which is $56.57 above than the current price. The public float for WAL is 105.84M, and at present, short sellers hold a 2.53% of that float. The average trading volume of WAL on March 16, 2023 was 3.74M shares.

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WAL) stock’s latest price update

Western Alliance Bancorporation (NYSE: WAL)’s stock price has decreased by -5.38 compared to its previous closing price of 32.35. However, the company has experienced a -50.91% decline in its stock price over the last five trading sessions.

WAL’s Market Performance

Western Alliance Bancorporation (WAL) has seen a -50.91% fall in stock performance for the week, with a -59.45% decline in the past month and a -50.28% plunge in the past quarter. The volatility ratio for the week is 105.12%, and the volatility levels for the past 30 days are at 27.02% for WAL. The simple moving average for the last 20 days is -53.21% for WAL stock, with a simple moving average of -56.47% for the last 200 days.

Analysts’ Opinion of WAL

Many brokerage firms have already submitted their reports for WAL stocks, with UBS repeating the rating for WAL by listing it as a “Buy.” The predicted price for WAL in the upcoming period, according to UBS is $85 based on the research report published on March 15th of the current year 2023.

JP Morgan, on the other hand, stated in their research note that they expect to see WAL reach a price target of $85. The rating they have provided for WAL stocks is “Neutral” according to the report published on October 06th, 2022.

WAL Trading at -54.95% from the 50-Day Moving Average

After a stumble in the market that brought WAL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -65.71% of loss for the given period.

Volatility was left at 27.02%, however, over the last 30 days, the volatility rate increased by 105.12%, as shares sank -61.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -50.77% lower at present.

During the last 5 trading sessions, WAL fell by -53.80%, which changed the moving average for the period of 200-days by -64.91% in comparison to the 20-day moving average, which settled at $63.07. In addition, Western Alliance Bancorporation saw -48.61% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at WAL starting from JOHNSON MARIANNE BOYD, who purchase 2,475 shares at the price of $25.79 back on Mar 13. After this action, JOHNSON MARIANNE BOYD now owns 2,475 shares of Western Alliance Bancorporation, valued at $63,830 using the latest closing price.

Bruckner Tim R, the CBO for Regional Banking of Western Alliance Bancorporation, sale 1,750 shares at $73.16 during a trade that took place back on Feb 21, which means that Bruckner Tim R is holding 20,244 shares at $128,030 based on the most recent closing price.

Stock Fundamentals for WAL

Current profitability levels for the company are sitting at:

  • +53.59 for the present operating margin

The net margin for Western Alliance Bancorporation stands at +34.44. Equity return is now at value 21.80, with 1.60 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.

Conclusion

In summary, Western Alliance Bancorporation (WAL) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.