At the time of writing, Hancock Whitney Corp. [HWC] stock is trading at $50.43, up 0.62%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The HWC shares have gain 1.92% over the last week, with a monthly amount drifted -8.54%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hancock Whitney Corp. [NASDAQ: HWC] stock has seen the most recent analyst activity on July 17, 2024, when Hovde Group reiterated its Outperform rating and also boosted its price target to $62 from $55. Previously, Keefe Bruyette upgraded its rating to Outperform on May 31, 2024, and kept the price target unchanged to $55. On April 17, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $50 on the stock. Truist downgraded its rating to a Hold and reduced its price target to $50 on January 05, 2024. Citigroup started tracking with a Neutral rating for this stock on December 01, 2023, and assigned it a price target of $45. In a note dated September 18, 2023, Piper Sandler upgraded an Overweight rating on this stock.
For the past year, the stock price of Hancock Whitney Corp. fluctuated between $32.16 and $57.78. Currently, Wall Street analysts expect the stock to reach $54 within the next 12 months. Hancock Whitney Corp. [NASDAQ: HWC] shares were valued at $50.43 at the most recent close of the market. An investor can expect a potential return of 7.08% based on the average HWC price forecast.
Analyzing the HWC fundamentals
According to Hancock Whitney Corp. [NASDAQ:HWC], the company’s sales were 2.00B for trailing twelve months, which represents an 6.07% jump. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.46%, Pretax Profit Margin comes in at 0.3%, and Net Profit Margin reading is 0.24%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.41.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.97 points at the first support level, and at 49.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.81, and for the 2nd resistance point, it is at 51.19.
Ratios To Look Out For
It is important to note that Hancock Whitney Corp. [NASDAQ:HWC] has a current ratio of 0.11. Considering the valuation of this stock, the price to sales ratio is 2.18, the price to book ratio is 1.11 and price to earnings (TTM) ratio is 11.86.
Transactions by insiders
Recent insider trading involved BERTUCCI FRANK E, Director, that happened on Jul 29 ’24 when 2053.0 shares were sold. Director, PICKERING CHRISTINE L completed a deal on Apr 30 ’24 to sell 1300.0 shares. Meanwhile, Chief Banking Officer Knight Cecil W. Jr sold 844.0 shares on May 01 ’24.
