Western New England Stock Today
WNEB Stock | USD 9.50 0.43 4.74% |
Performance9 of 100
| Odds Of DistressLess than 8
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Western New is trading at 9.50 as of the 25th of November 2024, a 4.74 percent increase since the beginning of the trading day. The stock's open price was 9.07. Western New has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Western New England are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain Banks | IPO Date 2nd of May 2002 | Category Financial Services | Classification Financials |
Western New England Bancorp, Inc. operates as the holding company for Westfield Bank that provides a range of commercial and retail banking products and services to individuals and businesses. Western New England Bancorp, Inc. was founded in 1853 and is headquartered in Westfield, Massachusetts. The company has 21.02 M outstanding shares of which 52.49 K shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover. More on Western New England
Moving together with Western Stock
0.8 | AX | Axos Financial | PairCorr |
0.76 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
0.77 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
0.72 | RF | Regions Financial Fiscal Year End 17th of January 2025 | PairCorr |
Moving against Western Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Fiscal Year End 28th of January 2025
Western Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
President CEO, Director | James Hagan | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWestern New can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western New's financial leverage. It provides some insight into what part of Western New's total assets is financed by creditors.
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Western New England (WNEB) is traded on NASDAQ Exchange in USA. It is located in 141 Elm Street, Westfield, MA, United States, 01085 and employs 294 people. Western New is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 199.67 M. Western New England conducts business under Banks sector and is part of Financials industry. The entity has 21.02 M outstanding shares of which 52.49 K shares are at this time shorted by private and institutional investors with about 1.73 trading days to cover.
Western New England currently holds about 27.11 M in cash with 14.77 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.22.
Check Western New Probability Of Bankruptcy
Ownership AllocationWestern New England retains a total of 21.02 Million outstanding shares. Over half of Western New's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Western Ownership Details
Western Stock Institutional Holders
Instituion | Recorded On | Shares | |
Federated Hermes Inc | 2024-09-30 | 169.1 K | |
White Pine Capital Llc | 2024-09-30 | 166 K | |
Millennium Management Llc | 2024-06-30 | 163.7 K | |
Fourthstone Llc | 2024-06-30 | 162.9 K | |
Arrowstreet Capital Limited Partnership | 2024-06-30 | 152.3 K | |
Brandywine Global Investment Mgmt Llc | 2024-09-30 | 86.7 K | |
State Street Corp | 2024-06-30 | 77.8 K | |
Goldman Sachs Group Inc | 2024-06-30 | 76.8 K | |
Empowered Funds, Llc | 2024-06-30 | 75.5 K | |
Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.5 M | |
Renaissance Technologies Corp | 2024-09-30 | 1.2 M |
Western New Historical Income Statement
Western Stock Against Markets
Western New Corporate Management
John Bonini | Senior Counsel | Profile | |
Carole Hinkley | Assistant Officer | Profile | |
Allen III | Executive Lender | Profile | |
Meghan Hibner | Controller VP | Profile | |
Nadia Baral | VP Compliance | Profile |
Already Invested in Western New England?
The danger of trading Western New England is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western New is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western New. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western New England is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Western New England offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Western New's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Western New England Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Western New England Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western New England. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western New. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western New listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.57) | Dividend Share 0.28 | Earnings Share 0.52 | Revenue Per Share 3.441 | Quarterly Revenue Growth (0.10) |
The market value of Western New England is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western New's value that differs from its market value or its book value, called intrinsic value, which is Western New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western New's market value can be influenced by many factors that don't directly affect Western New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.