Webster Financial Corp (NYSE: WBS) is -5.65% 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 $50.93 in the last trading session, with the day’s gains setting it 1.17%.
Currently trading at $52.10, the stock is -1.15% and -7.38% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing 2.30% at the moment leaves the stock 2.10% off its SMA200. WBS registered 8.47% gain for a year compared to 6-month gain of 15.32%. The firm has a 50-day simple moving average (SMA 50) of $56.2512 and a 200-day simple moving average (SMA200) of $51.0274.
The stock witnessed a -11.80% loss in the last 1 month and extending the period to 3 months gives it a -11.64%, and is 4.85% up 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 3.20% over the week and 3.50% over the month.
Webster Financial Corp (WBS) has around 4407 employees, a market worth around $8.93B and $4.18B in sales. Current P/E ratio is 11.91 and Fwd P/E is 7.79. Profit margin for the company is 17.82%. Distance from 52-week low is 32.45% and -18.58% 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 9.47% this year, but quarterly earnings will post 12.16% year-over-year. Quarterly sales are estimated to grow 6.20% in year-over-year returns.
606.0 institutions hold shares in Webster Financial Corp (WBS), with institutional investors hold 91.04% of the company’s shares. The shares outstanding are 171.39M, and float is at 169.70M with Short Float at 2.21%. Institutions hold 90.20% of the Float.
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
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).
