While Webster Financial Corp has underperformed by -1.46%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WBS rose by 36.42%, with highs and lows ranging from $54.38 to $37.18, whereas the simple moving average jumped by 11.41% 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)
It’s important to note that WBS shareholders are currently getting $1.60 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter increase in sales is 4.29%, showing a positive trend in the upcoming months.
Webster Financial Corp’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 9.01% is sufficient for you to turn a profit off your investment.
For any stock, average volume can be an extremely valuable indicator of volatility, and WBS is registering an average volume of 1.18M. On a monthly basis, the volatility of the stock is set at 2.88%, whereas on a weekly basis, it is put at 2.31%, with a loss of -0.13% over the past seven days. Furthermore, long-term investors anticipate a median target price of $60.60, showing growth from the present price of $51.80, 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?
A giant in the Banks – Regional market, Webster Financial Corp (WBS) is based in the USA. 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 11.73, there is a growth in quarterly earnings of -14.39%.
Besides checking the fundamentals, you should also know 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 0.93%. 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 86.49% 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 86.49% at present.
