At the time of writing, Wesbanco, Inc [WSBC] stock is trading at $33.43, up 5.32%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WSBC shares have gain 3.98% over the last week, with a monthly amount glided 1.80%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wesbanco, Inc [NASDAQ: WSBC] stock has seen the most recent analyst activity on December 06, 2024, when Raymond James upgraded its rating to a Strong Buy and also boosted its price target to $44 from $35. Previously, Hovde Group reaffirmed its Outperform rating on July 29, 2024, and elevated its price target to $38. On April 24, 2024, Hovde Group reiterated its Outperform rating and revised its price target to $34 on the stock. Raymond James upgraded its rating to a Outperform but stick to its price target of $34 on January 05, 2024. Hovde Group upgraded its rating to a Outperform. Stephens started tracking with a Equal-Weight rating for this stock on April 04, 2023, and assigned it a price target of $28.
For the past year, the stock price of Wesbanco, Inc fluctuated between $25.56 and $37.36. Currently, Wall Street analysts expect the stock to reach $39 within the next 12 months. Wesbanco, Inc [NASDAQ: WSBC] shares were valued at $33.43 at the most recent close of the market. An investor can expect a potential return of 16.66% based on the average WSBC price forecast.
Analyzing the WSBC fundamentals
According to Wesbanco, Inc [NASDAQ:WSBC], the company’s sales were 944.55M for trailing twelve months, which represents an 10.54% jump. Gross Profit Margin for this corporation currently stands at 0.92% with Operating Profit Margin at 0.82%, Pretax Profit Margin comes in at 0.19%, 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 0.05 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.57.
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 31.94 points at the first support level, and at 30.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.80, and for the 2nd resistance point, it is at 36.18.
Ratios To Look Out For
It is important to note that Wesbanco, Inc [NASDAQ:WSBC] has a current ratio of 0.06. Considering the valuation of this stock, the price to sales ratio is 2.37, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 14.94.
Transactions by insiders
Recent insider trading involved Clossin Todd, Director, that happened on Nov 12 ’24 when 5000.0 shares were sold. Director, Clossin Todd completed a deal on Nov 12 ’24 to buy 5000.0 shares. Meanwhile, SEVP/Chief Risk Admin Officer Perkins Michael L sold 1125.0 shares on Nov 08 ’24.
