Ratings for East West Bancorp EWBC were provided by 18 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 11 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 3 | 1 | 0 | 0 |
| 2M Ago | 4 | 4 | 1 | 0 | 0 |
| 3M Ago | 0 | 3 | 0 | 0 | 0 |
Analysts have set 12-month price targets for East West Bancorp, revealing an average target of $110.67, a high estimate of $128.00, and a low estimate of $95.00. Surpassing the previous average price target of $100.89, the current average has increased by 9.69%.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of East West Bancorp among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jared Shaw | Barclays | Raises | Overweight | $125.00 | $120.00 |
| Nicholas Holowko | UBS | Raises | Neutral | $112.00 | $100.00 |
| Dave Rochester | Compass Point | Raises | Buy | $125.00 | $110.00 |
| Jared Shaw | Barclays | Raises | Overweight | $120.00 | $110.00 |
| Christopher Mcgratty | Keefe, Bruyette & Woods | Raises | Outperform | $128.00 | $96.00 |
| Timur Braziler | Wells Fargo | Raises | Overweight | $120.00 | $105.00 |
| Andrew Terrell | Stephens & Co. | Raises | Overweight | $104.00 | $91.00 |
| Dave Rochester | Compass Point | Raises | Buy | $110.00 | $93.00 |
| Gary Tenner | DA Davidson | Raises | Buy | $107.00 | $100.00 |
| David Chiaverini | Wedbush | Raises | Outperform | $110.00 | $100.00 |
| Timur Braziler | Wells Fargo | Raises | Overweight | $105.00 | $97.00 |
| Ben Gerlinger | Citigroup | Raises | Buy | $109.00 | $103.00 |
| Brandon King | Truist Securities | Raises | Buy | $101.00 | $93.00 |
| Matthew Clark | Piper Sandler | Raises | Neutral | $95.00 | $87.00 |
| Jared Shaw | Barclays | Raises | Overweight | $110.00 | $108.00 |
| Timur Braziler | Wells Fargo | Raises | Overweight | $97.00 | $95.00 |
| Manan Gosalia | Morgan Stanley | Raises | Overweight | $106.00 | $103.00 |
| Jared Shaw | Barclays | Raises | Overweight | $108.00 | $105.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to East West Bancorp. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of East West Bancorp compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of East West Bancorp's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of East West Bancorp's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on East West Bancorp analyst ratings.
Unveiling the Story Behind East West Bancorp
East West Bancorp Inc is the holding company for East West Bank, a full-service commercial bank with cross-border operations concentrated in the United States and China. East-West Bank is one of a few U.S. based banks with a full banking license in China. The bank's cost strategy has increasingly focused on expanding its deposit base away from time deposits to commercial deposits. The bank has also taken part in entertainment partnerships between participants in China and Hollywood. Most of these efforts include financing the production and distribution of film and television projects. The bank leverages its cultural and regulatory knowledge in the U.S. and China to assist its customers in entering new markets. Most of its earning assets are in loans held for investment.
Key Indicators: East West Bancorp's Financial Health
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Positive Revenue Trend: Examining East West Bancorp's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 1.46% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: East West Bancorp's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 46.36% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): East West Bancorp's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 4.02% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): East West Bancorp's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 0.41% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.47.
The Core of Analyst Ratings: What Every Investor Should Know
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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