Northwest Bancshares Inc (NWBI) stock expected to rise by 16.18%: What’s driving the optimism?

A share price of Northwest Bancshares Inc [NWBI] is currently trading at $12.05, up 0.25%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NWBI shares have lost -0.33% over the last week, with a monthly amount drifted -4.82%, and not seem to be holding up well over a long-time horizon.

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 experienced fluctuations in its stock price throughout the past year between $10.45 and $15.42. Currently, Wall Street analysts expect the stock to reach $14 within the next 12 months. Northwest Bancshares Inc [NASDAQ: NWBI] shares were valued at $12.05 at the most recent close of the market. An investor can expect a potential return of 16.18% based on the average NWBI price forecast.

Analyzing the NWBI fundamentals

Trailing Twelve Months sales for Northwest Bancshares Inc [NASDAQ:NWBI] were 755.86M which represents 12.66% growth. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at 0.16%, 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 0.06 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.28.

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 11.90 points at the first support level, and at 11.74 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.15, and for the 2nd resistance point, it is at 12.25.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Northwest Bancshares Inc [NASDAQ:NWBI] is 0.03. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 0.96 and price to earnings (TTM) ratio is 15.36.

Transactions by insiders

Recent insider trading involved Paup Mark A, Director, that happened on Feb 04 ’25 when 5000.0 shares were purchased. Director, Hunter Timothy M completed a deal on Jan 31 ’25 to buy 10000.0 shares. Meanwhile, Director Fannin Timothy B sold 3500.0 shares on Jan 28 ’25.

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