In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Wesbanco, Inc (NASDAQ: WSBC) closed the day trading at $30.53 down -1.26% from the previous closing price of $30.92. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 0.65 million shares were traded.
Ratios:
For a better understanding of WSBC, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.52 whereas as Long-Term Debt/Eq ratio is at 0.49.
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:
As of this moment, Wesbanco,’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.92, and their Forward P/E ratio for the next fiscal year is 7.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.88 while its Price-to-Book (P/B) ratio in mrq is 0.80.
Stock Price History:
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 0.78%, while the 200-Day Moving Average is calculated to be -4.92%.
Shares Statistics:
A total of 95.67M shares are outstanding, with a floating share count of 93.54M. Insiders hold about 2.22% of the company’s shares, while institutions hold 70.58% stake in the company.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 8.0 analysts currently analyzing and rating the stock of Wesbanco, Inc (WSBC).The consensus estimate for the next quarter is $0.9, with high estimates of $0.95 and low estimates of $0.88.
Analysts are recommending an EPS of between $3.5 and $2.9 for the fiscal current year, implying an average EPS of $3.31. EPS for the following year is $3.89, with 8.0 analysts recommending between $4.1 and $3.69.
Revenue Estimates
6 analysts predict $258.97M in revenue for the current quarter. It ranges from a high estimate of $266.2M to a low estimate of $250.14M. As of the current estimate, Wesbanco, Inc’s year-ago sales were $149.16MFor the next quarter, 6 analysts are estimating revenue of $264.65M. There is a high estimate of $268.24M for the next quarter, whereas the lowest estimate is $258.79M.
A total of 6 analysts have provided revenue estimates for WSBC’s current fiscal year. The highest revenue estimate was $998.2M, while the lowest revenue estimate was $964.91M, resulting in an average revenue estimate of $986.49M. In the same quarter a year ago, actual revenue was $611MBased on 6 analysts’ estimates, the company’s revenue will be $1.11B in the next fiscal year. The high estimate is $1.12B and the low estimate is $1.1B.
