United Bankshares, Inc (NASDAQ: UBSI) is -1.68% lower on its value in year-to-date trading and has touched a low of $30.68 and a high of $44.43 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The UBSI stock was last observed hovering at around $36.81 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $36.92, the stock is -4.36% and -7.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.33 million and changing 0.30% at the moment leaves the stock 1.67% off its SMA200. UBSI registered -1.34% loss for a year compared to 6-month gain of 13.15%. The firm has a 50-day simple moving average (SMA 50) of $40.1214 and a 200-day simple moving average (SMA200) of $36.3124.
The stock witnessed a -11.44% loss in the last 1 month and extending the period to 3 months gives it a 2.81%, and is -1.68% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.78% over the week and 2.54% over the month.
United Bankshares, Inc (UBSI) has around 2635 employees, a market worth around $4.99B and $1.60B in sales. Current P/E ratio is 13.98 and Fwd P/E is 14.43. Profit margin for the company is 22.30%. Distance from 52-week low is 20.34% and -16.90% from its 52-week high. The company has generated returns on investments over the last 12 months (6.69%).
The EPS is expected to grow by 0.52% this year
425.0 institutions hold shares in United Bankshares, Inc (UBSI), with institutional investors hold 73.55% of the company’s shares. The shares outstanding are 135.22M, and float is at 132.19M with Short Float at 2.13%. Institutions hold 72.06% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 19.35 million shares valued at $627.68 million. The investor’s holdings represent 14.353 of the UBSI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 14.13 million shares valued at $458.22 million to account for 10.4779 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.06 million shares representing 5.9811 and valued at over $264.51 million, while DIMENSIONAL FUND ADVISORS LP holds 5.8658 of the shares totaling 7.91 million with a market value of $256.52 million.
United Bankshares, Inc (UBSI) Insider Activity
The most recent transaction is an insider sale by NESSELROAD MARK R, the company’s Director. SEC filings show that NESSELROAD MARK R sold 6,000 shares of the company’s common stock on Dec 18 ’24 at a price of $39.16 per share for a total of $0.23 million. Following the sale, the insider now owns 35424.0 shares.
Still, SEC filings show that on Nov 26 ’24, MCNAMARA J PAUL (Director) disposed off 2,500 shares at an average price of $42.86 for $0.11 million. The insider now directly holds 63,409 shares of United Bankshares, Inc (UBSI).
