Associated Banc-Corp (NYSE: ASB)’s stock price has soared by 0.82 in relation to previous closing price of 24.51. Nevertheless, the company has seen a loss of -1.55% in its stock price over the last five trading days. zacks.com reported 2025-02-24 that Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Associated Banc-Corp (ASB) have what it takes?
Is It Worth Investing in Associated Banc-Corp (NYSE: ASB) Right Now?
Associated Banc-Corp (NYSE: ASB) has a price-to-earnings ratio that is above its average at 32.03x. The stock has a 36-month beta value of 0.89. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for ASB is 164.50M, and at present, short sellers hold a 2.40% of that float. On February 28, 2025, the average trading volume of ASB was 1.51M shares.
ASB’s Market Performance
ASB stock saw an increase of -1.55% in the past week, with a monthly gain of 0.24% and a quarterly increase of -9.52%. The volatility ratio for the week is 2.59%, and the volatility levels for the last 30 days are 2.30% for Associated Banc-Corp (ASB). The simple moving average for the past 20 days is -0.85% for ASB’s stock, with a 7.17% simple moving average for the past 200 days.
Analysts’ Opinion of ASB
Many brokerage firms have already submitted their reports for ASB stocks, with Robert W. Baird repeating the rating for ASB by listing it as a “Neutral.” The predicted price for ASB in the upcoming period, according to Robert W. Baird is $27 based on the research report published on July 17, 2024 of the previous year 2024.
Barclays, on the other hand, stated in their research note that they expect to see ASB reach a price target of $22. The rating they have provided for ASB stocks is “Equal Weight” according to the report published on March 08th, 2024.
Wells Fargo gave a rating of “Equal Weight” to ASB, setting the target price at $18 in the report published on October 04th of the previous year.
ASB Trading at 0.10% from the 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, the company was unable to rebound, for now settling with -12.31% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 2.59%, as shares sank -0.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.45% lower at present.
During the last 5 trading sessions, ASB fell by -1.55%, which changed the moving average for the period of 200-days by +10.51% in comparison to the 20-day moving average, which settled at $24.92. In addition, Associated Banc-Corp saw 3.39% 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 ASB starting from WILLIAMS JOHN B, who sale 2,830 shares at the price of $25.09 back on Feb 14 ’25. After this action, WILLIAMS JOHN B now owns 66,915 shares of Associated Banc-Corp, valued at $71,014 using the latest closing price.
WILLIAMS JOHN B, the Director of Associated Banc-Corp, proposed sale 2,830 shares at $25.09 during a trade that took place back on Feb 14 ’25, which means that WILLIAMS JOHN B is holding shares at $71,014 based on the most recent closing price.
Stock Fundamentals for ASB
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 1.18 for the gross margin
The net margin for Associated Banc-Corp stands at 0.08. The total capital return value is set at 0.01. Equity return is now at value 2.77, with 0.29 for asset returns.
Based on Associated Banc-Corp (ASB), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 0.32.
When we switch over and look at the enterprise to sales, we see a ratio of 3.69. The receivables turnover for the company is 9.38for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
To sum up, Associated Banc-Corp (ASB) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
