Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $27.11 in the prior trading day, Wesbanco, Inc (NASDAQ: WSBC) closed at $27.75, up 2.36%. In other words, the price has increased by $2.36 from its previous closing price. On the day, 0.56 million shares were traded. WSBC stock price reached its highest trading level at $27.895 during the session, while it also had its lowest trading level at $27.11.
Ratios:
Our goal is to gain a better understanding of WSBC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.15.
On February 10, 2025, Keefe Bruyette Upgraded its rating to Outperform which previously was Mkt Perform and also upped its target price recommendation from $40 to $44.
Raymond James Upgraded its Outperform to Strong Buy on December 06, 2024, whereas the target price for the stock was revised from $35 to $44.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 12 ’24 when Clossin Todd sold 5,000 shares for $36.08 per share. The transaction valued at 180,407 led to the insider holds 143,547 shares of the business.
Clossin Todd bought 5,000 shares of WSBC for $180,407 on Nov 12 ’24. On Nov 08 ’24, another insider, Perkins Michael L, who serves as the SEVP/Chief Risk Admin Officer of the company, sold 1,125 shares for $34.87 each. As a result, the insider received 39,229 and left with 46,817 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WSBC now has a Market Capitalization of 2654848000 and an Enterprise Value of 2953017856. As of this moment, Wesbanco,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.39, and their Forward P/E ratio for the next fiscal year is 7.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.81 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 5.031.
Stock Price History:
The Beta on a monthly basis for WSBC is 0.87, which has changed by 0.01499629 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, WSBC has reached a high of $37.36, while it has fallen to a 52-week low of $25.56. The 50-Day Moving Average of the stock is -14.68%, while the 200-Day Moving Average is calculated to be -13.63%.
Shares Statistics:
The stock has traded on average 689.30K shares per day over the past 3-months and 709120 shares per day over the last 10 days, according to various share statistics. A total of 95.67M shares are outstanding, with a floating share count of 92.67M. Insiders hold about 3.14% of the company’s shares, while institutions hold 51.64% stake in the company. Shares short for WSBC as of 1743379200 were 1756028 with a Short Ratio of 2.55, compared to 1740700800 on 3534797. Therefore, it implies a Short% of Shares Outstanding of 1756028 and a Short% of Float of 1.87.
Dividends & Splits
In the trailing 12 months, WSBC’s forward annual dividend rate was 1.45, compared to 1.46 this year. Against a Trailing Annual Dividend Yield of 0.0534858The stock’s 5-year Average Dividend Yield is 4.5. The current Payout Ratio is 64.26% for WSBC, which recently paid a dividend on 2025-03-10 with an ex-dividend date of 1741564800. Stock splits for the company last occurred on 1997-08-04 when the company split stock in a 3:2 ratio.
