The stock of Westamerica Bancorporation (WABC) has seen a 3.18% increase in the past week, with a -0.81% drop in the past month, and a -10.38% decrease in the past quarter. The volatility ratio for the week is 2.29%, and the volatility levels for the past 30 days are at 2.12% for WABC. The simple moving average for the last 20 days is 2.22% for WABC stock, with a simple moving average of 0.76% for the last 200 days.
Is It Worth Investing in Westamerica Bancorporation (NASDAQ: WABC) Right Now?
The price-to-earnings ratio for Westamerica Bancorporation (NASDAQ: WABC) is 9.94x, which is above its average ratio. Moreover, the 36-month beta value for WABC is 0.55. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for WABC is 25.43M and currently, short sellers hold a 0.80% of that float. On February 28, 2025, WABC’s average trading volume was 112.10K shares.
WABC) stock’s latest price update
Westamerica Bancorporation (NASDAQ: WABC)’s stock price has increased by 2.95 compared to its previous closing price of 50.14. However, the company has seen a 3.18% increase in its stock price over the last five trading sessions. globenewswire.com reported 2025-02-27 that SAN RAFAEL, Calif., Feb. 27, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Westamerica Bancorporation (NASDAQ: WABC) today approved a plan to repurchase, as conditions warrant, up to 2,000,000 shares of the Company’s common stock on the open market or in privately negotiated transactions prior to March 31, 2026. The repurchase plan represents approximately 7.5 percent of the Company’s common stock outstanding as of December 31, 2024.
Analysts’ Opinion of WABC
Piper Sandler, on the other hand, stated in their research note that they expect to see WABC reach a price target of $57. The rating they have provided for WABC stocks is “Neutral” according to the report published on June 24th, 2020.
Maxim Group gave a rating of “Buy” to WABC, setting the target price at $65 in the report published on April 07th of the previous year.
WABC Trading at 0.26% from the 50-Day Moving Average
After a stumble in the market that brought WABC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.92% of loss for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares surge +0.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.90% lower at present.
During the last 5 trading sessions, WABC rose by +3.18%, which changed the moving average for the period of 200-days by +2.50% in comparison to the 20-day moving average, which settled at $50.50. In addition, Westamerica Bancorporation saw -1.60% 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 WABC starting from Baker Robert James Jr, who sale 705 shares at the price of $52.73 back on Jul 22 ’24. After this action, Baker Robert James Jr now owns 244 shares of Westamerica Bancorporation, valued at $37,175 using the latest closing price.
Baker Robert James Jr, the SVP/Banking Division Manager of Westamerica Bancorporation, sale 248 shares at $51.76 during a trade that took place back on Jan 29 ’25, which means that Baker Robert James Jr is holding 1,270 shares at $12,848 based on the most recent closing price.
Stock Fundamentals for WABC
Current profitability levels for the company are sitting at:
- 0.72 for the present operating margin
- 0.99 for the gross margin
The net margin for Westamerica Bancorporation stands at 0.47. The total capital return value is set at 0.04. Equity return is now at value 16.67, with 2.23 for asset returns.
Based on Westamerica Bancorporation (WABC), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 5.48. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 15.85.
When we switch over and look at the enterprise to sales, we see a ratio of 2.9. The receivables turnover for the company is 6.4for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.18.
Conclusion
To wrap up, the performance of Westamerica Bancorporation (WABC) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
