A new trading day began on Friday, with Webster Financial Corp. (NYSE: WBS) stock price up 2.20% from the previous day of trading, before settling in for the closing price of $43.73. WBS’s price has 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. Meanwhile, its annual earnings per share averaged -11.96%. With a float of $169.80 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. In terms of profitability, gross margin is 88.49%, operating margin of 26.94%, and the pretax margin is 27.13%.
Webster Financial Corp. (WBS) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Webster Financial Corp. is 0.95%, while institutional ownership is 89.69%. The most recent insider transaction that took place on Sep 11 ’24, was worth 359,536. In this transaction Director of this company sold 8,175 shares at a rate of $43.98, taking the stock ownership to the 32,025 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Director proposed sale 8,175 for $43.98, making the entire transaction worth $359,536.
Webster Financial Corp. (WBS) Earnings and Forecasts
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.55 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -11.96% 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
Here are Webster Financial Corp.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.88. Likewise, its price to free cash flow for the trailing twelve months is 7.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.60, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 5.91 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 1.16 million was lower than the volume posted last year of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 30.94%. Additionally, its Average True Range was 1.42.
During the past 100 days, Webster Financial Corp.’s (WBS) raw stochastic average was set at 47.92%, which indicates a significant increase from 39.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.71% in the past 14 days, which was lower than the 34.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.83, while its 200-day Moving Average is $46.68. Now, the first resistance to watch is $44.95. This is followed by the second major resistance level at $45.22. The third major resistance level sits at $45.72. If the price goes on to break the first support level at $44.18, it is likely to go to the next support level at $43.68. Should the price break the second support level, the third support level stands at $43.41.
Webster Financial Corp. (NYSE: WBS) Key Stats
With a market capitalization of 7.66 billion, the company has a total of 171,487K Shares Outstanding. Currently, annual sales are 3,943 M while annual income is 867,840 K. The company’s previous quarter sales were 1,019 M while its latest quarter income was 181,630 K.
