A new trading day began on Tuesday, with Webster Financial Corp (NYSE: WBS) stock price down -1.27% from the previous day of trading, before settling in for the closing price of $62.82. WBS’s price has ranged from $39.33 to $63.99 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 31.38% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -12.92%. With a float of $169.83 million, this company’s outstanding shares have now reached $172.02 million.
In an organization with 4261 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 120.59%, operating margin of 31.78%, and the pretax margin is 32.02%.
Webster Financial Corp (WBS) Insider and Institutional Ownership
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 0.92%, while institutional ownership is 87.27%. The most recent insider transaction that took place on Nov 20 ’24, was worth 474,670. In this transaction Chairman and CEO of this company sold 8,000 shares at a rate of $59.33, taking the stock ownership to the 218,924 shares. Before that another transaction happened on Nov 20 ’24, when Company’s Affiliate proposed sale 8,000 for $59.96, making the entire transaction worth $479,680.
Webster Financial Corp (WBS) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.46 per share, which was $0.1 lower 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 1.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.46% 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 2.57. Likewise, its price to free cash flow for the trailing twelve months is 18.64.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.41, 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)
Let’s dig in a bit further. During the last 5-days, its volume was 1.2 million. That was inferior than the volume of 1.26 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 79.75%. Additionally, its Average True Range was 1.70.
During the past 100 days, Webster Financial Corp’s (WBS) raw stochastic average was set at 91.48%, which indicates a significant increase from 71.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.46% in the past 14 days, which was lower than the 46.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.07, while its 200-day Moving Average is $47.36. However, in the short run, Webster Financial Corp’s stock first resistance to watch stands at $62.71. Second resistance stands at $63.39. The third major resistance level sits at $63.99. If the price goes on to break the first support level at $61.43, it is likely to go to the next support level at $60.83. The third support level lies at $60.15 if the price breaches the second support level.
Webster Financial Corp (NYSE: WBS) Key Stats
With a market capitalization of 10.63 billion, the company has a total of 171,410K Shares Outstanding. Currently, annual sales are 3,943 M while annual income is 867,840 K. The company’s previous quarter sales were 1,062 M while its latest quarter income was 192,990 K.
