While Webster Financial Corp. has overperformed by 1.45%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WBS rose by 15.70%, with highs and lows ranging from $53.39 to $36.36, whereas the simple moving average fell by -1.27% in the last 200 days.
On August 05, 2024, Morgan Stanley Downgraded Webster Financial Corp. (NYSE: WBS) to Equal-Weight. A report published by Barclays on March 08, 2024, Initiated its previous ‘Overweight’ rating for WBS. JP Morgan also Upgraded WBS shares as ‘Overweight’, setting a target price of $65 on the company’s shares in a report dated January 24, 2024. BofA Securities Initiated an Buy rating on January 11, 2024, and assigned a price target of $60. Citigroup initiated its ‘Buy’ rating for WBS, as published in its report on December 01, 2023. Seaport Research Partners’s report from September 12, 2023 suggests a price prediction of $56 for WBS shares, giving the stock a ‘Buy’ rating. Deutsche Bank also rated the stock as ‘Buy’.
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Analysis of Webster Financial Corp. (WBS)
WBS currently pays a dividend of $1.60 per share, which means investors will get a return regardless of the company’s performance over the next few months. Further, the quarter-over-quarter decrease in sales is -0.41%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Webster Financial Corp.’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 9.38% is sufficient for you to turn a profit off your investment.
An average volume of 1.40M can be a very valuable indicator of volatility for WBS stock. On a monthly basis, the volatility of the stock is set at 2.95%, whereas on a weekly basis, it is put at 2.60%, with a loss of -4.63% over the past seven days. Furthermore, long-term investors anticipate a median target price of $55.38, showing growth from the present price of $46.12, which can serve as yet another indication of whether WBS is worth investing in or should be passed over.
How Do You Analyze Webster Financial Corp. Shares?
The USA based company Webster Financial Corp. (WBS) is one of the biggest names in Banks – Regional. When comparing Webster Financial Corp. shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 10.03, there is a growth in quarterly earnings of -21.92%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.94%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 86.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WBS shares are owned by institutional investors to the tune of 86.04% at present.