Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Webster Financial Corp (NYSE: WBS) closed at $59.88 down -0.84% from its previous closing price of $60.39. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 0.64 million shares were traded. WBS stock price reached its highest trading level at $61.125 during the session, while it also had its lowest trading level at $59.85.
Ratios:
For a deeper understanding of Webster Financial Corp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.10.
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, Morgan Stanley on August 05, 2024, Downgraded its rating to Equal-Weight and sets its target price to $57 from $54 previously.
On March 08, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $70.
JP Morgan Upgraded its Neutral to Overweight on January 24, 2024, whereas the target price for the stock was revised from $60 to $65.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 29 ’24 when BLEY DANIEL sold 500 shares for $61.91 per share. The transaction valued at 30,952 led to the insider holds 17,279 shares of the business.
BLEY DANIEL bought 500 shares of WBS for $30,952 on Nov 29 ’24. On Nov 26 ’24, another insider, GRIFFIN JAMES MI, who serves as the Head of Consumer Banking of the company, sold 1,610 shares for $62.16 each. As a result, the insider received 100,085 and left with 11,273 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, WBS now has a Market Capitalization of 10264031232 and an Enterprise Value of 11702513664. As of this moment, Webster’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.56, and their Forward P/E ratio for the next fiscal year is 10.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.48 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 4.94.
Stock Price History:
Over the past 52 weeks, WBS has reached a high of $63.99, while it has fallen to a 52-week low of $39.33. The 50-Day Moving Average of the stock is 11.44%, while the 200-Day Moving Average is calculated to be 25.36%.
Shares Statistics:
For the past three months, WBS has traded an average of 1.28M shares per day and 923250 over the past ten days. A total of 171.43M shares are outstanding, with a floating share count of 169.83M. Insiders hold about 0.92% of the company’s shares, while institutions hold 87.09% stake in the company. Shares short for WBS as of 1731628800 were 4042482 with a Short Ratio of 3.17, compared to 1728950400 on 3104851. Therefore, it implies a Short% of Shares Outstanding of 4042482 and a Short% of Float of 2.6600001.
Dividends & Splits
According to the company, the forward annual dividend rate for WBS is 1.60, from 1.6 in the trailing year. Against a Trailing Annual Dividend Yield of 0.026494453The stock’s 5-year Average Dividend Yield is 3.69.
