Analysts’ expectations for Northwest Bancshares Inc (NWBI) stock: $11.5 price target in 12 months

Northwest Bancshares Inc [NWBI] stock is trading at $13.80, up 2.30%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NWBI shares have gain 5.91% over the last week, with a monthly amount glided 4.78%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Northwest Bancshares Inc [NASDAQ: NWBI] stock has seen the most recent analyst activity on September 29, 2022, when Janney initiated its Neutral rating and assigned the stock a price target of $15. Previously, Piper Sandler downgraded its rating to Underweight on May 06, 2022, and dropped its price target to $12. B. Riley Securities downgraded its rating to a Neutral and decreased its price target to $14 on July 27, 2021. B. Riley Securities downgraded its rating to a Neutral. Piper Sandler upgraded its rating to Neutral for this stock on October 27, 2020, but kept the price target unchanged to $10. In a note dated October 15, 2020, Stephens initiated an Equal-Weight rating and provided a target price of $11 on this stock.

Northwest Bancshares Inc [NWBI] stock has fluctuated between $9.80 and $14.55 over the past year. Currently, Wall Street analysts expect the stock to reach $11.5 within the next 12 months. Northwest Bancshares Inc [NASDAQ: NWBI] shares were valued at $13.80 at the most recent close of the market. An investor can expect a potential drop of -16.67% based on the average NWBI price forecast.

Analyzing the NWBI fundamentals

Northwest Bancshares Inc [NASDAQ:NWBI] reported sales of 715.20M for the trailing twelve months, which represents a drop of -9.12%. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.

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 13.63 points at the first support level, and at 13.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.91, and for the 2nd resistance point, it is at 14.02.

Ratios To Look Out For

For context, Northwest Bancshares Inc’s Current Ratio is 0.04. Considering the valuation of this stock, the price to sales ratio is 2.46, the price to book ratio is 1.13 and price to earnings (TTM) ratio is 17.23.

Transactions by insiders

Recent insider trading involved HARVEY WILLIAM W, SEVP, Chief Operating Officer, that happened on Jul 26 ’24 when 13614.0 shares were sold. Officer, HARVEY WILLIAM W completed a deal on Jul 26 ’24 to buy 13614.0 shares. Meanwhile, Director Meegan John P sold 7200.0 shares on Jul 25 ’24.

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