Webster Financial Corp (NYSE: WBS) is -23.27% 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 $42.19 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $42.37, the stock is -12.89% and -20.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing 0.43% at the moment leaves the stock -17.90% off its SMA200. WBS registered -9.68% loss for a year compared to 6-month gain of -6.98%. The firm has a 50-day simple moving average (SMA 50) of $52.9754 and a 200-day simple moving average (SMA200) of $51.6055.
The stock witnessed a -12.68% loss in the last 1 month and extending the period to 3 months gives it a -21.03%, and is 1.46% 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 10.16% over the week and 5.01% over the month.
Webster Financial Corp (WBS) has around 4407 employees, a market worth around $7.26B and $4.18B in sales. Current P/E ratio is 9.69 and Fwd P/E is 6.54. Profit margin for the company is 17.82%. Distance from 52-week low is 7.72% and -33.79% from its 52-week high. The company has generated returns on investments over the last 12 months (7.29%).
with sales reaching $701.47M over the same period.The EPS is expected to grow by 7.87% this year, but quarterly earnings will post 11.33% year-over-year. Quarterly sales are estimated to grow 5.15% in year-over-year returns.
Webster Financial Corp (WBS) Top Institutional Holders
601.0 institutions hold shares in Webster Financial Corp (WBS), with institutional investors hold 93.04% of the company’s shares. The shares outstanding are 171.39M, and float is at 169.70M with Short Float at 2.08%. Institutions hold 92.19% 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 9.1057 of the shares outstanding. The other top investors are FMR LLC which holds 8.78 million shares representing 5.1729% and valued at over $382.59 million, while STATE STREET CORP holds 4.1181 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).
