As of close of business last night, WesBanco Inc.’s stock clocked out at $31.45, down -3.85% from its previous closing price of $32.71. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 666534 shares were traded. WSBC stock price reached its highest trading level at $33.18 during the session, while it also had its lowest trading level at $29.81.
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To gain a deeper understanding of WSBC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.56 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.23. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.12.
Upgrades & Downgrades
On September 06, 2022, Janney started tracking the stock assigning a Neutral rating and target price of $37.Janney initiated its Neutral rating on September 06, 2022, with a $37 target price.
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 08 when Knouse-Snyder Denise H bought 1,972 shares for $25.46 per share. The transaction valued at 50,205 led to the insider holds 1,972 shares of the business.
STEMLER KERRY M bought 500 shares of WSBC for $18,117 on Jan 30. The Director now owns 101,498 shares after completing the transaction at $36.23 per share. On Jan 30, another insider, STEMLER KERRY M, who serves as the Director of the company, bought 500 shares for $36.09 each. As a result, the insider paid 18,045 and bolstered with 15,718 shares of the company.
As of this moment, WesBanco’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.39, and their Forward P/E ratio for the next fiscal year is 9.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.04. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63 while its Price-to-Book (P/B) ratio in mrq is 0.82.
Stock Price History:
Over the past 52 weeks, WSBC has reached a high of $41.37, while it has fallen to a 52-week low of $29.50. The 50-Day Moving Average of the stock is 36.64, while the 200-Day Moving Average is calculated to be 35.80.
It appears that WSBC traded 154.47K shares on average per day over the past three months and 177.08k shares per day over the past ten days. A total of 59.18M shares are outstanding, with a floating share count of 57.39M. Insiders hold about 0.40% of the company’s shares, while institutions hold 60.60% stake in the company. Shares short for WSBC as of Jan 12, 2023 were 820.69k with a Short Ratio of 0.78M, compared to 870.53k on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.39% and a Short% of Float of 1.43%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.29, WSBC has a forward annual dividend rate of 1.40. Against a Trailing Annual Dividend Yield of 3.94%, it implies a Forward Annual Dividend Yield of 3.71%. The stock’s 5-year Average Dividend Yield is 3.71. The current Payout Ratio is 56.00% for WSBC, which recently paid a dividend on Mar 31, 2023 with an ex-dividend date of Dec 07, 2022. Stock splits for the company last occurred on Aug 03, 1997 when the company split stock in a 3:2 ratio.
As of right now, 7 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.8 for the current quarter, with a high estimate of $0.83 and a low estimate of $0.78, while EPS last year was $0.7. The consensus estimate for the next quarter is $0.82, with high estimates of $0.85 and low estimates of $0.76.
Analysts are recommending an EPS of between $3.44 and $3.08 for the fiscal current year, implying an average EPS of $3.28. EPS for the following year is $3.32, with 7 analysts recommending between $3.45 and $3.27.
In the current quarter, 7 analysts expect revenue to total $130.83M. It ranges from a high estimate of $132.8M to a low estimate of $129M. As of the current estimate, WesBanco Inc.’s year-ago sales were $107.71M, an estimated increase of 21.50% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $132.97M, an increase of 18.50% less than the figure of $21.50% in the same quarter last year. There is a high estimate of $134.4M for the next quarter, whereas the lowest estimate is $132M.
A total of 7 analysts have provided revenue estimates for WSBC’s current fiscal year. The highest revenue estimate was $539.1M, while the lowest revenue estimate was $530.9M, resulting in an average revenue estimate of $534.44M. In the same quarter a year ago, actual revenue was $479.31M, up 11.50% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $546.73M in the next fiscal year. The high estimate is $556M and the low estimate is $533.41M. The average revenue growth estimate for next year is up 2.30% from the average revenue estimate for this year.