Why is Westamerica Bancorp (WABC) stock price dropping again?

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We will take a look at EPS for Westamerica Bancorp (NASDAQ:WABC) which is earnings per share (EPS) trailing twelwe months. This is monetary value of earnings per outstanding share of common stock for a company, in this case WABC share

In the United States, the Financial Accounting Standards Board requires EPS information for the four major categories of the income statement: continuing operations, discontinued operations,net income and extraordinary items.

Here is the latest data for WABC stock as of April 14,2020

  • Price/Earnings trailing 12 months———–21.02
  • Earnings Per Share trailing 12 months—–2.98
  • Most Recent Earnings————————
  • Next Earnings Date————————–04/16/20

New Average Analyst Ratings for Westamerica Bancorp (WABC)

A price target is the envisioned future price point of an asset (usually stock) as explained by an investment analyst or a Wall street advisor. The price target is based on many assumptions such as tech levels, cash flow, recent news and supply and demand.  Price targets  change often when the market is volatileand during crisis, that is why you need to stay in the loop and any new information. 

Current Rating for NASDAQ:WABC according to Barchart analysts
Hold
Based on 1 analysts offering recommendations.
 

How has NASDAQ:WABC stock performed recently?

A stock’s performance is more than just a set of random numbers. We need to place those numbers in context to understand it properly. On the surface, it feels awesome to see that a stock you invested in has returned 30% Year to date when viewing the starting price versus the ending price, but you need to look a little deeper. Was the stock abnormally low on the first trading day? If so, it could throw the numbers off.

Here are the latest numbers for Westamerica Bancorp (WABC) stock

Previous Close-62.65
Volume120,000
Avg Vol196,420
Stochastic %K91.37%
Weighted Alpha-7.60
5-Day Change+1.20 (+2.04%)
52-Week Range46.94 – 69.08
 
 
Looking at the numbers we are proceeding to Analysts target prices for WABC per share

Analyst Target Prices

HIGH TARGET 58.00
 
MEAN TARGET 58.00
 
LOW TARGET 58.00
52 WK HIGH 69.08
 
52 WK LOW 46.94

Latest insight into the Westamerica Bancorp (NASDAQ:WABC) stock fundamentals

The price-to-sales (P/S) ratio is best calculated by taking a company’s market capitalization  and simply divide it by the company’s total revenue over the trailing 12 months. This number shows how much the market values every dollar of the company’s sales. This ratio can be effective in valuing growth stocks that have yet to turn a profit or have suffered a temporary setback.

So, lets take a look at  the latest WABC share values after most recent trading day on NASDAQ:

  • Market Capitalization, $K1,623,138
  • Shares Outstanding, K27,102
  • Annual Sales, $206,090 K
  • Annual Income, $80,390 K
  • 60-Month Beta0.74
  • Price/Sales8.24
  • Price/Cash Flow16.82
  • Price/Book2.32

The Price/Cash flow numbers that you can see in the table above(P/S) are a strong stock valuation indicator or multiple that measures the value of a stock’s price relative to its operating cash flow per share.