United Bankshares, Inc. (NASDAQ: UBSI) kicked off on Monday, down -3.53% from the previous trading day, before settling in for the closing price of $37.71. Over the past 52 weeks, UBSI has traded in a range of $25.35-$39.93.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 13.20%. While this was happening, its average annual earnings per share was recorded -0.66%. With a float of $132.20 million, this company’s outstanding shares have now reached $134.95 million.
The extent of productivity of a business whose workforce counts for 2635 workers is very important to gauge. In terms of profitability, gross margin is 100.0%, operating margin of -6.62%, and the pretax margin is 30.83%.
United Bankshares, Inc. (UBSI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of United Bankshares, Inc. is 2.23%, while institutional ownership is 72.05%. The most recent insider transaction that took place on Nov 21 ’23, was worth 24,575. In this transaction Director of this company bought 740 shares at a rate of $33.21, taking the stock ownership to the 438,023 shares. Before that another transaction happened on Oct 27 ’23, when Company’s Director bought 400 for $27.81, making the entire transaction worth $11,125. This insider now owns 40,643 shares in total.
United Bankshares, Inc. (UBSI) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.71 earnings per share (EPS), higher than consensus estimate (set at 0.65) by 0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.66 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 2.02% growth over the previous five years of trading.
United Bankshares, Inc. (NASDAQ: UBSI) Trading Performance Indicators
Take a look at United Bankshares, Inc.’s (UBSI) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.13. Likewise, its price to free cash flow for the trailing twelve months is 12.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.65, a number that is poised to hit 0.67 in the next quarter and is forecasted to reach 2.66 in one year’s time.
Technical Analysis of United Bankshares, Inc. (UBSI)
The latest stats from [United Bankshares, Inc., UBSI] show that its last 5-days average volume of 0.45 million was inferior to 0.52 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 53.94%. Additionally, its Average True Range was 0.95.
During the past 100 days, United Bankshares, Inc.’s (UBSI) raw stochastic average was set at 61.62%, which indicates a significant increase from 30.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.47% in the past 14 days, which was lower than the 27.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.04, while its 200-day Moving Average is $35.07. Now, the first resistance to watch is $37.47. This is followed by the second major resistance level at $38.55. The third major resistance level sits at $39.14. If the price goes on to break the first support level at $35.80, it is likely to go to the next support level at $35.21. Assuming the price breaks the second support level, the third support level stands at $34.13.
United Bankshares, Inc. (NASDAQ: UBSI) Key Stats
The company with the Market Capitalisation of 4.92 billion has total of 135,197K Shares Outstanding. Its annual sales at the moment are 1,537 M in contrast with the sum of 366,310 K annual income. Company’s last quarter sales were recorded 404,410 K and last quarter income was 96,510 K.
