Hancock Whitney Corp [HWC] stock prices are up 15.80% to $60.90 at the moment. 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 14.60% over the last week, with a monthly amount glided 21.51%, and 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.
The stock price of Hancock Whitney Corp [HWC] has been fluctuating between $36.70 and $57.78 over the past year. Currently, Wall Street analysts expect the stock to reach $56 within the next 12 months. Hancock Whitney Corp [NASDAQ: HWC] shares were valued at $60.90 at the most recent close of the market. An investor can expect a potential drop of -8.05% based on the average HWC price forecast.
Analyzing the HWC fundamentals
The Hancock Whitney Corp [NASDAQ:HWC] reported sales of 1.86B for trailing twelve months, representing a drop of -26.67%. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.47%, Pretax Profit Margin comes in at 0.31%, and Net Profit Margin reading is 0.25%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.41.
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 58.05 points at the first support level, and at 55.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 62.38, and for the 2nd resistance point, it is at 63.86.
Ratios To Look Out For
It’s worth pointing out that Hancock Whitney Corp [NASDAQ:HWC]’s Current Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 2.82, the price to book ratio is 1.26 and price to earnings (TTM) ratio is 13.63.
Transactions by insiders
Recent insider trading involved PICKERING CHRISTINE L, Director, that happened on Oct 29 ’24 when 763.0 shares were sold. Director, Wilkins Carleton Richard completed a deal on Oct 21 ’24 to sell 800.0 shares. Meanwhile, Chief Financial Officer Achary Michael M sold 8431.0 shares on Oct 18 ’24.
