On Tuesday, Webster Financial Corp (NYSE: WBS) opened lower -1.05% from the last session, before settling in for the closing price of $60.94. Price fluctuations for WBS have ranged from $39.33 to $63.99 over the past 52 weeks.
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Annual sales at Financial sector company grew by 31.38% over the past five years. Company’s average yearly earnings per share was noted -12.92% at the time writing. With a float of $169.83 million, this company’s outstanding shares have now reached $171.43 million.
Let’s look at the performance matrix of the company that is accounted for 4261 employees. 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
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 0.92%, while institutional ownership is 87.09%. The most recent insider transaction that took place on Nov 29 ’24, was worth 30,952. In this transaction Chief Risk Officer of this company sold 500 shares at a rate of $61.91, taking the stock ownership to the 17,279 shares. Before that another transaction happened on Nov 29 ’24, when Company’s Officer proposed sale 500 for $61.91, making the entire transaction worth $30,952.
Webster Financial Corp (WBS) Latest Financial update
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.46 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.48) by -0.02. 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
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 2.50. Likewise, its price to free cash flow for the trailing twelve months is 18.12.
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)
Webster Financial Corp (NYSE: WBS) saw its 5-day average volume 0.74 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 45.16%. Additionally, its Average True Range was 1.62.
During the past 100 days, Webster Financial Corp’s (WBS) raw stochastic average was set at 84.03%, which indicates a significant increase from 32.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.51% in the past 14 days, which was lower than the 45.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.16, while its 200-day Moving Average is $47.64. Nevertheless, the first resistance level for the watch stands at $60.96 in the near term. At $61.63, the stock is likely to face the second major resistance level. The third major resistance level sits at $62.05. If the price goes on to break the first support level at $59.87, it is likely to go to the next support level at $59.45. The third support level lies at $58.78 if the price breaches the second support level.
Webster Financial Corp (NYSE: WBS) Key Stats
There are currently 171,410K shares outstanding in the company with a market cap of 10.34 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 1,062 M and its income totaled 192,990 K.
