In the past week, WAL stock has gone up by 4.02%, with a monthly gain of 10.31% and a quarterly surge of 13.53%. The volatility ratio for the week is 2.71%, and the volatility levels for the last 30 days are 3.07% for Western Alliance Bancorp The simple moving average for the past 20 days is 7.46% for WAL’s stock, with a 19.81% simple moving average for the past 200 days.
Is It Worth Investing in Western Alliance Bancorp (NYSE: WAL) Right Now?
The price-to-earnings ratio for Western Alliance Bancorp (NYSE: WAL) is 14.13x, which is above its average ratio. Moreover, the 36-month beta value for WAL is 1.46. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for WAL is 108.41M and currently, short sellers hold a 5.21% of that float. On January 24, 2025, WAL’s average trading volume was 1.04M shares.
WAL) stock’s latest price update
Western Alliance Bancorp (NYSE: WAL)’s stock price has decreased by -1.07 compared to its previous closing price of 92.39. However, the company has seen a 4.02% increase in its stock price over the last five trading sessions. zacks.com reported 2025-01-22 that Get a deeper insight into the potential performance of Western Alliance (WAL) for the quarter ended December 2024 by going beyond Wall Street’s top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Analysts’ Opinion of WAL
Deutsche Bank, on the other hand, stated in their research note that they expect to see WAL reach a price target of $101, previously predicting the price at $83. The rating they have provided for WAL stocks is “Buy” according to the report published on October 07th, 2024.
Hovde Group gave a rating of “Outperform” to WAL, setting the target price at $75 in the report published on April 22nd of the previous year.
WAL Trading at 3.18% 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 -6.83% of loss for the given period.
Volatility was left at 3.07%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares surge +8.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.16% upper at present.
During the last 5 trading sessions, WAL rose by +4.02%, which changed the moving average for the period of 200-days by +53.00% in comparison to the 20-day moving average, which settled at $85.05. In addition, Western Alliance Bancorp saw 9.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WAL starting from Segedi Bryan K, who sale 1,000 shares at the price of $94.36 back on Nov 13 ’24. After this action, Segedi Bryan K now owns 16,675 shares of Western Alliance Bancorp, valued at $94,360 using the latest closing price.
Segedi Bryan K, the Director of Western Alliance Bancorp, proposed sale 1,000 shares at $94.58 during a trade that took place back on Nov 13 ’24, which means that Segedi Bryan K is holding shares at $94,583 based on the most recent closing price.
Stock Fundamentals for WAL
Current profitability levels for the company are sitting at:
- 0.38 for the present operating margin
- 1.15 for the gross margin
The net margin for Western Alliance Bancorp stands at 0.17. The total capital return value is set at 0.03. Equity return is now at value 11.57, with 0.95 for asset returns.
Based on Western Alliance Bancorp (WAL), the company’s capital structure generated 0.38 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 0.61. The interest coverage ratio of the stock is 1.02.
Currently, EBITDA for the company is 1.02 billion with net debt to EBITDA at 2.73. When we switch over and look at the enterprise to sales, we see a ratio of 2.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.10.
Conclusion
To wrap up, the performance of Western Alliance Bancorp (WAL) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
