A share price of Associated Banc-Corp [ASB] is currently trading at $22.44, up 0.99%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ASB shares have gain 6.55% over the last week, with a monthly amount drifted -10.53%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Associated Banc-Corp [NYSE: ASB] stock has seen the most recent analyst activity on July 17, 2024, when Robert W. Baird downgraded its rating to a Neutral but kept the price target unchanged to $27 for it. Previously, Barclays started tracking the stock with Equal Weight rating on March 08, 2024, and set its price target to $22. On October 04, 2023, downgrade downgraded it’s rating to Equal Weight but maintained its price target of $18 on the stock. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $24 on September 05, 2023. Raymond James upgraded its rating to a Outperform but $20 remained the price target by the analyst firm on July 06, 2023. UBS started tracking with a Neutral rating for this stock on March 15, 2023, and assigned it a price target of $22. In a note dated October 25, 2022, BofA Securities upgraded an Neutral rating on this stock but restated the target price of $24.
Associated Banc-Corp experienced fluctuations in its stock price throughout the past year between $19.76 and $28.18. Currently, Wall Street analysts expect the stock to reach $27 within the next 12 months. Associated Banc-Corp [NYSE: ASB] shares were valued at $22.44 at the most recent close of the market. An investor can expect a potential return of 20.32% based on the average ASB price forecast.
Analyzing the ASB fundamentals
Trailing Twelve Months sales for Associated Banc-Corp [NYSE:ASB] were 2.12B which represents -17.25% decline. Gross Profit Margin for this corporation currently stands at 1.18% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.03 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.58.
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 22.22 points at the first support level, and at 21.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.55, and for the 2nd resistance point, it is at 22.66.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Associated Banc-Corp [NYSE:ASB] is 0.04. Considering the valuation of this stock, the price to sales ratio is 1.76, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 28.90.
Transactions by insiders
Recent insider trading involved KAMERICK EILEEN A, Director, that happened on Mar 03 ’25 when 7000.0 shares were sold. Director, KAMERICK EILEEN A completed a deal on Mar 03 ’25 to buy 7000.0 shares. Meanwhile, Director WILLIAMS JOHN B sold 2830.0 shares on Feb 14 ’25.
