United Bankshares, Inc. (UBSI) shares projected to rise by 34.36%

A share price of United Bankshares, Inc. [UBSI] is currently trading at $33.12, up 1.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The UBSI shares have lost -0.39% over the last week, with a monthly amount drifted -0.63%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

United Bankshares, Inc. [NASDAQ: UBSI] stock has seen the most recent analyst activity on April 04, 2023, when Stephens initiated its Equal-Weight rating and assigned the stock a price target of $32. Janney started tracking the stock assigning a Buy rating and suggested a price target of $40 on September 06, 2022. DA Davidson downgraded its rating to a Neutral and reduced its price target to $38 on December 15, 2021. Raymond James upgraded its rating to Outperform for this stock on February 01, 2021, but kept the price target unchanged to $36. In a note dated November 19, 2020, Keefe Bruyette downgraded an Mkt Perform rating on this stock and boosted its target price from $30 to $32.

United Bankshares, Inc. experienced fluctuations in its stock price throughout the past year between $25.35 and $38.74. Currently, Wall Street analysts expect the stock to reach $44.5 within the next 12 months. United Bankshares, Inc. [NASDAQ: UBSI] shares were valued at $33.12 at the most recent close of the market. An investor can expect a potential return of 34.36% based on the average UBSI price forecast.

Analyzing the UBSI fundamentals

Trailing Twelve Months sales for United Bankshares, Inc. [NASDAQ:UBSI] were 1.50B which represents 19.92% growth. Gross Profit Margin for this corporation currently stands at 1.0%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.31%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.42.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 32.70 points at the first support level, and at 32.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.42, and for the 2nd resistance point, it is at 33.73.

Ratios To Look Out For

To put it in perspective, the Current Ratio for United Bankshares, Inc. [NASDAQ:UBSI] is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 0.94 and price to earnings (TTM) ratio is 12.23.

Transactions by insiders

Recent insider trading involved CONVERSE PETER A, Director, that happened on Nov 21 ’23 when 740.0 shares were purchased. Director, White Gary G completed a deal on Oct 27 ’23 to buy 400.0 shares. Meanwhile, Director White Gary G bought 300.0 shares on Jun 06 ’23.

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