Webster Financial Corp [WBS] stock is trading at $58.16, up 3.01%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WBS shares have gain 5.61% over the last week, with a monthly amount drifted -1.54%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Webster Financial Corp [NYSE: WBS] stock has seen the most recent analyst activity on January 06, 2025, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $75 from $70. On August 05, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $57 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $70 on March 08, 2024. JP Morgan upgraded its rating to a Overweight and raised its price target to $65 on January 24, 2024. BofA Securities started tracking with a Buy rating for this stock on January 11, 2024, and assigned it a price target of $60. In a note dated December 01, 2023, Citigroup initiated an Buy rating and provided a target price of $51 on this stock.
Webster Financial Corp [WBS] stock has fluctuated between $39.33 and $63.99 over the past year. Currently, Wall Street analysts expect the stock to reach $59.25 within the next 12 months. Webster Financial Corp [NYSE: WBS] shares were valued at $58.16 at the most recent close of the market. An investor can expect a potential return of 1.87% based on the average WBS price forecast.
Analyzing the WBS fundamentals
Webster Financial Corp [NYSE:WBS] reported sales of 4.13B for the trailing twelve months, which represents a growth of 4.98%. Gross Profit Margin for this corporation currently stands at 1.21% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.44.
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 57.59 points at the first support level, and at 57.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.76, and for the 2nd resistance point, it is at 59.35.
Ratios To Look Out For
For context, Webster Financial Corp’s Current Ratio is 0.09. Considering the valuation of this stock, the price to sales ratio is 2.41, the price to book ratio is 1.12 and price to earnings (TTM) ratio is 13.17.
Transactions by insiders
Recent insider trading involved BLEY DANIEL, Chief Risk Officer, that happened on Nov 29 ’24 when 500.0 shares were sold. Officer, BLEY DANIEL completed a deal on Nov 29 ’24 to buy 500.0 shares. Meanwhile, Head of Consumer Banking GRIFFIN JAMES MI sold 1610.0 shares on Nov 26 ’24.
