East West Bancorp (NASDAQ:EWBC) Price Target Raised to $125.00 at DA Davidson

East West Bancorp (NASDAQ:EWBC - Get Free Report) had its price objective lifted by investment analysts at DA Davidson from $115.00 to $125.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a "buy" rating on the financial services provider's stock. DA Davidson's target price suggests a potential upside of 20.76% from the stock's current price. DA Davidson also issued estimates for East West Bancorp's Q3 2025 earnings at $2.41 EPS and FY2025 earnings at $9.12 EPS.

A number of other research firms have also recently commented on EWBC. Barclays upped their price objective on East West Bancorp from $110.00 to $135.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Morgan Stanley cut shares of East West Bancorp from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $118.00 to $90.00 in a research note on Monday, April 7th. Keefe, Bruyette & Woods lifted their target price on East West Bancorp from $110.00 to $120.00 and gave the company an "outperform" rating in a research report on Wednesday. Jefferies Financial Group assumed coverage on East West Bancorp in a research note on Wednesday, May 21st. They issued a "buy" rating and a $115.00 price objective on the stock. Finally, Wall Street Zen lowered shares of East West Bancorp from a "hold" rating to a "sell" rating in a report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $114.15.

East West Bancorp Stock Down 2.7%

NASDAQ EWBC traded down $2.87 during mid-day trading on Wednesday, reaching $103.51. The stock had a trading volume of 1,291,235 shares, compared to its average volume of 932,645. The company has a fifty day moving average price of $98.81 and a 200 day moving average price of $93.56. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.89 and a quick ratio of 0.89. East West Bancorp has a 1 year low of $68.27 and a 1 year high of $113.95. The stock has a market cap of $14.27 billion, a PE ratio of 12.09, a price-to-earnings-growth ratio of 1.48 and a beta of 0.93.

East West Bancorp (NASDAQ:EWBC - Get Free Report) last posted its earnings results on Tuesday, July 22nd. The financial services provider reported $2.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.23 by $0.05. East West Bancorp had a net margin of 26.06% and a return on equity of 15.09%. The business had revenue of $705.00 million for the quarter, compared to analysts' expectations of $702.04 million. During the same quarter in the prior year, the business earned $2.07 EPS. The business's revenue for the quarter was up 10.3% compared to the same quarter last year. On average, research analysts expect that East West Bancorp will post 8.85 earnings per share for the current year.

Insider Buying and Selling at East West Bancorp

In other East West Bancorp news, EVP Lisa L. Kim sold 2,100 shares of East West Bancorp stock in a transaction on Thursday, May 15th. The shares were sold at an average price of $95.04, for a total transaction of $199,584.00. Following the completion of the transaction, the executive vice president directly owned 14,849 shares of the company's stock, valued at $1,411,248.96. The trade was a 12.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Dominic Ng sold 40,000 shares of the stock in a transaction on Monday, May 12th. The shares were sold at an average price of $96.43, for a total transaction of $3,857,200.00. Following the completion of the sale, the chief executive officer directly owned 928,314 shares in the company, valued at approximately $89,517,319.02. This represents a 4.13% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.04% of the company's stock.

Hedge Funds Weigh In On East West Bancorp

A number of hedge funds have recently added to or reduced their stakes in EWBC. Park Place Capital Corp purchased a new stake in shares of East West Bancorp in the second quarter valued at approximately $27,000. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in shares of East West Bancorp in the 4th quarter worth $26,000. Picton Mahoney Asset Management grew its position in shares of East West Bancorp by 1,971.4% during the 1st quarter. Picton Mahoney Asset Management now owns 290 shares of the financial services provider's stock worth $26,000 after buying an additional 276 shares in the last quarter. Chung Wu Investment Group LLC purchased a new position in shares of East West Bancorp during the second quarter valued at $30,000. Finally, WPG Advisers LLC purchased a new position in shares of East West Bancorp during the first quarter valued at $28,000. 89.53% of the stock is currently owned by institutional investors.

About East West Bancorp

East West Bancorp, Inc operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to businesses and individuals in the United States. The company operates through three segments: Consumer and Business Banking, Commercial Banking, and Other.