Wesbanco, Inc [WSBC] stock prices are up 3.68% to $28.99 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WSBC shares have gain 6.93% over the last week, with a monthly amount drifted -8.11%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Keefe Bruyette upgraded its rating to Outperform on February 10, 2025, and elevated its price target to $44. On December 06, 2024, upgrade upgraded it’s rating to Strong Buy and revised its price target to $44 on the stock. Hovde Group reiterated its Outperform rating and increased its price target to $38 on July 29, 2024. Hovde Group reiterated its recommendation of a Outperform and reduced its price target to $34 on April 24, 2024. Raymond James upgraded its rating to Outperform for this stock on January 05, 2024, but kept the price target unchanged to $34. In a note dated September 13, 2023, Hovde Group upgraded an Outperform rating on this stock.
The stock price of Wesbanco, Inc [WSBC] has been fluctuating between $25.56 and $37.36 over the past year. Currently, Wall Street analysts expect the stock to reach $36 within the next 12 months. Wesbanco, Inc [NASDAQ: WSBC] shares were valued at $28.99 at the most recent close of the market. An investor can expect a potential return of 24.18% based on the average WSBC price forecast.
Analyzing the WSBC fundamentals
The Wesbanco, Inc [NASDAQ:WSBC] reported sales of 945.02M for trailing twelve months, representing a surge of 10.75%. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.22%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.53.
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 28.25 points at the first support level, and at 27.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.39, and for the 2nd resistance point, it is at 29.80.
Ratios To Look Out For
It’s worth pointing out that Wesbanco, Inc [NASDAQ:WSBC]’s Current Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 2.93, the price to book ratio is 0.73 and price to earnings (TTM) ratio is 12.94.
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.
