On Tuesday, Webster Financial Corp. (NYSE: WBS) opened higher 1.97% from the last session, before settling in for the closing price of $44.26. Price fluctuations for WBS have ranged from $36.36 to $53.39 over the past 52 weeks.
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Financial Sector giant saw their annual sales surged by 31.38% over the last five years. Company’s average yearly earnings per share was noted -7.23% at the time writing. With a float of $169.82 million, this company’s outstanding shares have now reached $172.02 million.
The firm has a total of 4261 workers. Let’s measure their productivity.
Webster Financial Corp. (WBS) Insider Activity
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Webster Financial Corp. is 0.97%, while institutional ownership is 87.46%. The most recent insider transaction that took place on Jun 04 ’24, was worth 20,971. In this transaction Chief Risk Officer of this company sold 498 shares at a rate of $42.11, taking the stock ownership to the 25,992 shares. Before that another transaction happened on May 07 ’24, when Company’s Director sold 4,000 for $46.28, making the entire transaction worth $185,120. This insider now owns 9,666 shares in total.
Webster Financial Corp. (WBS) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -7.23% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 19.40% during the next five years compared to 5.17% growth over the previous five years of trading.
Webster Financial Corp. (NYSE: WBS) Trading Performance Indicators
Check out the current performance indicators for Webster Financial Corp. (WBS). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.89. Likewise, its price to free cash flow for the trailing twelve months is 7.78.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.89, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 6.26 in one year’s time.
Technical Analysis of Webster Financial Corp. (WBS)
Analysing the last 5-days average volume posted by the [Webster Financial Corp., WBS], we can find that recorded value of 1.68 million was better than the volume posted last year of 1.18 million. As of the previous 9 days, the stock’s Stochastic %D was 95.78%. Additionally, its Average True Range was 1.04.
During the past 100 days, Webster Financial Corp.’s (WBS) raw stochastic average was set at 48.23%, which indicates a significant decrease from 97.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.88% in the past 14 days, which was higher than the 27.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $43.73, while its 200-day Moving Average is $45.22. Now, the first resistance to watch is $45.59. This is followed by the second major resistance level at $46.05. The third major resistance level sits at $46.81. If the price goes on to break the first support level at $44.37, it is likely to go to the next support level at $43.61. Should the price break the second support level, the third support level stands at $43.15.
Webster Financial Corp. (NYSE: WBS) Key Stats
There are currently 171,487K shares outstanding in the company with a market cap of 7.74 billion. Presently, the company’s annual sales total 3,943 M according to its annual income of 867,840 K. Last quarter, the company’s sales amounted to 1,051 M and its income totaled 216,320 K.
