Northwest Bancshares Inc. (NWBI): Analysis on the Earning Per Share


Northwest Bancshares Inc. (NASDAQ:NWBI) changes shares on Friday trading session, with a change of 0.10% or $0.01 shares. The trading starts at $10.51 and closed at $10.29 throughout the day. The trading session low price was $10.19 and day high was $10.51 on Friday, June 19. After the session, the Financial sector daily volume shifted to 3.36 million while its average volume is 1.08M. In other hand, the NWBI market cap reached to $1.28B. While, its current target price is $10.30 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 1.78% and up 6.08% for month. Its quarterly performance was -3.83% below, while its half year performance is down -38.21%. NWBI yearly performance stood at negative -39.94% and fall -38.06% for year-to-date. Current recommendation for Northwest Bancshares Inc. is 3.20.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NWBI EPS (TTM) for 12-month is 0.88. EPS for this year is 2.40%, while for the next year its value is 0.76. Sales growth for the current quarter is 1.68 while its EPS Q/Q reached -68.80%. It has an EPS of 9.20% up for past five years and for the next five years will be up 7.00%.

Let’s take a look on the analyst recommendations on NWBI for the current month and previous month. For the current month, 1 of 5 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $9.00-$12.50. Average target price for NWBI was reached at $10.50.

Blackrock Inc., Vanguard Group, Inc. (The) and Dimensional Fund Advisors LP are the top three holders in Northwest Bancshares Inc. (NWBI) stock. On Mar 30, 2020, Blackrock Inc. has 15.67 million shares which valued 181.25 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 11.62 million shares which valued at 134.46 million. On Mar 30, 2020, Dimensional Fund Advisors LP has a total of 7.48 million shares which valued at 86.55 million. In the end, Dimensional Fund Advisors LP have 5.86% shares outstanding of Northwest Bancshares Inc. (NWBI) on Mar 30, 2020. The insider ownership moved to 1.00% and institutional holding shifted to 61.10%.

The company posted an EPS (TTM) of 0.88. According to the most recent quarter report on (Jun 2020), 6 analysts estimated an average EPS of 0.05, while 0.25 EPS posted a year ago period. Analyst Estimated EPS for NWBI published in the report was -0.11-0.12 during the same period. Comparing with last year, the average estimated EPS was 0.25 which is higher than 0.07 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NWBI fall -27.84% for period of 200 days. SMA for 50 days was 0.14% which is showing green signal, while SMA-20 was -0.09%. The moving average value for Northwest Bancshares Inc. (NWBI) is 13.16 and 10.12 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NWBI stock. On May 21, McKnight William F, Director, bought 1,000 trading shares at the cost of $9.65, which valued at 9650.0. On May 18, White Jeffrey R, SVP Controller, bought 518 shares at the cost of $9.65, with total shares of 2,438. On May 14, Paup Mark A, Director, bought 5,000 shares at the cost of 8.90. After this transaction, Paup Mark A total shares reached to 15,960 which valued at 44481.0.