What is the best trade option for Webster Financial Corp. (WBS) stock?

Webster Financial Corp. [WBS] stock is trading at $47.17, up 1.68%. An important factor to consider is whether the stock is rising or falling in short-term value. The WBS shares have gain 2.92% over the last week, with a monthly amount drifted -7.29%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Webster Financial Corp. [NYSE: WBS] stock has seen the most recent analyst activity on March 08, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $70. Previously, JP Morgan upgraded its rating to Overweight on January 24, 2024, and elevated its price target to $65. On January 11, 2024, BofA Securities initiated with a Buy rating and assigned a price target of $60 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $51 on December 01, 2023. Seaport Research Partners initiated its recommendation with a Buy and recommended $56 as its price target on September 12, 2023. Deutsche Bank started tracking with a Buy rating for this stock on May 25, 2023, and assigned it a price target of $47. In a note dated March 15, 2023, UBS initiated an Buy rating and provided a target price of $56 on this stock.

Webster Financial Corp. [WBS] stock has fluctuated between $31.03 and $53.39 over the past year. Currently, Wall Street analysts expect the stock to reach $61.5 within the next 12 months. Webster Financial Corp. [NYSE: WBS] shares were valued at $47.17 at the most recent close of the market. An investor can expect a potential return of 30.38% based on the average WBS price forecast.

Analyzing the WBS fundamentals

Webster Financial Corp. [NYSE:WBS] reported sales of 3.95B for the trailing twelve months, which represents a growth of 17.87%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.53%, Pretax Profit Margin comes in at 0.36%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.45.

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 46.41 points at the first support level, and at 45.65 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.66, and for the 2nd resistance point, it is at 48.15.

Ratios To Look Out For

For context, Webster Financial Corp.’s Current Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.05, the price to book ratio is 0.97 and price to earnings (TTM) ratio is 9.62.

Transactions by insiders

Recent insider trading involved MOTL CHRISTOPHER J, President of Comm. Banking, that happened on Mar 11 ’24 when 13881.0 shares were sold. Head of Consumer Banking, GRIFFIN JAMES MI completed a deal on Mar 11 ’24 to sell 1200.0 shares. Meanwhile, Chief Credit Officer SOTO JASON A. sold 907.0 shares on Mar 05 ’24.

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