Webster Financial Corp. (NYSE: WBS) kicked off on Tuesday, down -0.54% from the previous trading day, before settling in for the closing price of $52.18. Over the past 52 weeks, WBS has traded in a range of $36.69-$54.38.
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Annual sales at Financial sector company grew by 31.38% over the past five years. While this was happening, its average annual earnings per share was recorded -12.59%. With a float of $169.83 million, this company’s outstanding shares have now reached $172.02 million.
Let’s look at the performance matrix of the company that is accounted for 4261 employees. In terms of profitability, gross margin is 89.56%, operating margin of 23.61%, and the pretax margin is 23.78%.
Webster Financial Corp. (WBS) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Webster Financial Corp. is 0.93%, while institutional ownership is 86.56%. The most recent insider transaction that took place on Oct 22 ’24, was worth 230,139. In this transaction Director of this company sold 4,500 shares at a rate of $51.14, taking the stock ownership to the 32,780 shares. Before that another transaction happened on Oct 21 ’24, when Company’s Chief Risk Officer sold 3,463 for $52.10, making the entire transaction worth $180,440. This insider now owns 19,529 shares in total.
Webster Financial Corp. (WBS) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -12.59% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.70% 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
Take a look at Webster Financial Corp.’s (WBS) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.16. Likewise, its price to free cash flow for the trailing twelve months is 9.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.42, a number that is poised to hit 1.34 in the next quarter and is forecasted to reach 5.71 in one year’s time.
Technical Analysis of Webster Financial Corp. (WBS)
Webster Financial Corp. (NYSE: WBS) saw its 5-day average volume 0.96 million, a negative change from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 52.68%. Additionally, its Average True Range was 1.52.
During the past 100 days, Webster Financial Corp.’s (WBS) raw stochastic average was set at 83.52%, which indicates a significant increase from 73.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.51% in the past 14 days, which was higher than the 38.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.13, while its 200-day Moving Average is $46.47. Nevertheless, the first resistance level for the watch stands at $52.32 in the near term. At $52.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.08. If the price goes on to break the first support level at $51.56, it is likely to go to the next support level at $51.22. The third support level lies at $50.80 if the price breaches the second support level.
Webster Financial Corp. (NYSE: WBS) Key Stats
The company with the Market Capitalisation of 8.90 billion has total of 171,426K Shares Outstanding. Its annual sales at the moment are 3,943 M in contrast with the sum of 867,840 K annual income. Company’s last quarter sales were recorded 1,062 M and last quarter income was 192,990 K.
