As of close of business last night, United Bankshares, Inc.’s stock clocked out at $33.19, down -3.32% from its previous closing price of $34.33. In other words, the price has decreased by -$1.14 from its previous closing price. On the day, 693348 shares were traded.
Ratios:
To gain a deeper understanding of UBSI’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.44 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 this company, Stephens on April 04, 2023, initiated with a Equal-Weight rating and assigned the stock a target price of $32.
Insider Transactions:
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 Nov 21 ’23 when CONVERSE PETER A bought 740 shares for $33.21 per share. The transaction valued at 24,575 led to the insider holds 438,023 shares of the business.
White Gary G bought 400 shares of UBSI for $11,125 on Oct 27 ’23. The Director now owns 40,643 shares after completing the transaction at $27.81 per share. On Jun 06 ’23, another insider, White Gary G, who serves as the Director of the company, bought 300 shares for $32.59 each. As a result, the insider paid 9,778 and bolstered with 39,484 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, UBSI now has a Market Capitalization of 4.48B. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.24, and their Forward P/E ratio for the next fiscal year is 12.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.98 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, UBSI has reached a high of $38.97, while it has fallen to a 52-week low of $25.35. The 50-Day Moving Average of the stock is 35.53, while the 200-Day Moving Average is calculated to be 32.14.
Shares Statistics:
It appears that UBSI traded 631.84K shares on average per day over the past three months and 558.84k shares per day over the past ten days. A total of 134.95M shares are outstanding, with a floating share count of 131.79M. Insiders hold about 2.35% of the company’s shares, while institutions hold 71.75% stake in the company. Shares short for UBSI as of Feb 29, 2024 were 3.1M with a Short Ratio of 4.90, compared to 3.15M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.30% and a Short% of Float of 3.62%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.45, UBSI has a forward annual dividend rate of 1.46. Against a Trailing Annual Dividend Yield of 4.22%, it implies a Forward Annual Dividend Yield of 4.46%. The stock’s 5-year Average Dividend Yield is 4.16. The current Payout Ratio is 53.47% for UBSI, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Mar 07, 2024. Stock splits for the company last occurred on Mar 30, 1998 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.65 for the current quarter, with a high estimate of $0.66 and a low estimate of $0.64, while EPS last year was $0.73. The consensus estimate for the next quarter is $0.65, with high estimates of $0.66 and low estimates of $0.64.
Analysts are recommending an EPS of between $2.67 and $2.6 for the fiscal current year, implying an average EPS of $2.64. EPS for the following year is $2.73, with 6 analysts recommending between $2.8 and $2.64.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $257.63M. It ranges from a high estimate of $260.74M to a low estimate of $255.8M. As of the current estimate, United Bankshares, Inc.’s year-ago sales were $274.77M, an estimated decrease of -6.20% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $262.07M, an increase of 0.50% over than the figure of -$6.20% in the same quarter last year. There is a high estimate of $262.78M for the next quarter, whereas the lowest estimate is $261.2M.
A total of 4 analysts have provided revenue estimates for UBSI’s current fiscal year. The highest revenue estimate was $1.06B, while the lowest revenue estimate was $1.04B, resulting in an average revenue estimate of $1.05B. In the same quarter a year ago, actual revenue was $1.06B, down -0.20% from the average estimate. Based on 4 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 $1.09B. The average revenue growth estimate for next year is up 5.00% from the average revenue estimate for this year.
