Webster Financial Corp (NYSE: WBS) is -3.75% lower on its value in year-to-date trading and has touched a low of $39.33 and a high of $63.99 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 WBS stock was last observed hovering at around $52.56 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $53.15, the stock is -7.48% and -7.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing 1.12% at the moment leaves the stock 4.70% off its SMA200. WBS registered 12.46% gain for a year compared to 6-month gain of 12.06%.
The stock witnessed a -9.87% loss in the last 1 month and extending the period to 3 months gives it a -13.97%, and is -4.51% 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 3.95% over the week and 2.71% over the month.
Webster Financial Corp (WBS) has around 4407 employees, a market worth around $9.11B and $4.18B in sales. Current P/E ratio is 12.15 and Fwd P/E is 7.90. Profit margin for the company is 17.82%. Distance from 52-week low is 35.12% and -16.94% from its 52-week high. The company has generated returns on investments over the last 12 months (7.29%).
with sales reaching $708.46M over the same period.The EPS is expected to grow by 10.04% this year, but quarterly earnings will post 12.46% year-over-year. Quarterly sales are estimated to grow 6.20% in year-over-year returns.
The shares outstanding are 171.39M, and float is at 169.79M with Short Float at 1.92%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.12 million shares valued at $789.64 million. The investor’s holdings represent 10.6281 of the WBS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.45 million shares valued at $673.47 million to account for 9.0646 of the shares outstanding. The other top investors are FMR LLC which holds 8.78 million shares representing 5.1495 and valued at over $382.59 million, while STATE STREET CORP holds 4.0995 of the shares totaling 6.99 million with a market value of $304.58 million.
Webster Financial Corp (WBS) Insider Activity
A total of 0 insider transactions have happened at Webster Financial Corp (WBS) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by CIULLA JOHN R, the company’s Chairman and CEO. SEC filings show that CIULLA JOHN R sold 8,000 shares of the company’s common stock on Feb 20 ’25 at a price of $57.43 per share for a total of $0.46 million. Following the sale, the insider now owns 0.21 million shares.
Still, SEC filings show that on Feb 19 ’25, MORSE LAURENCE C (Director) disposed off 13,217 shares at an average price of $59.07 for $0.78 million. The insider now directly holds 18,808 shares of Webster Financial Corp (WBS).
Webster Financial Corp (WBS): Who are the competitors?
One of the company’s main competitors (and peers) include Washington Trust Bancorp Inc. (WASH) that is trading 16.82% up over the past 12 months.Camden National Corp. (CAC) lies in the list of competitors of the Webster Financial Corp and is 29.58% higher over the same period from WBSIndependent Bank Corp. (INDB) is 25.44% up on the 1-year trading charts.
