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Wesbanco, Inc (NASDAQ: WSBC) closed the day trading at $32.72 up 1.08% from the previous closing price of $32.37. In other words, the price has increased by $1.08 from its previous closing price. On the day, 0.85 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 0.54 whereas as Long-Term Debt/Eq ratio is at 0.15.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on February 10, 2025, Upgraded its rating to Outperform and sets its target price to $44 from $40 previously.
On December 06, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Outperform and also upped its target price recommendation from $35 to $44.
Hovde Group reiterated its Outperform rating for the stock on July 29, 2024, while the target price for the stock was revised from $34 to $38.
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 14.61, and their Forward P/E ratio for the next fiscal year is 8.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.32 while its Price-to-Book (P/B) ratio in mrq is 0.83.
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 -3.63%, while the 200-Day Moving Average is calculated to be 3.31%.
Shares Statistics:
A total of 66.92M shares are outstanding, with a floating share count of 65.04M. Insiders hold about 2.84% of the company’s shares, while institutions hold 73.67% stake in the company.
