In the past week, UBSI stock has gone up by 2.88%, with a monthly gain of 4.23% and a quarterly surge of 22.10%. The volatility ratio for the week is 3.01%, and the volatility levels for the last 30 days are 2.71% for United Bankshares, Inc. The simple moving average for the past 20 days is 1.50% for UBSI’s stock, with a 8.85% simple moving average for the past 200 days.
Is It Worth Investing in United Bankshares, Inc. (NASDAQ: UBSI) Right Now?
United Bankshares, Inc. (NASDAQ: UBSI) has a higher price-to-earnings ratio of 14.40x compared to its average ratio, The 36-month beta value for UBSI is at 1.02. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for UBSI is 132.21M, and currently, shorts hold a 1.67% of that float. The average trading volume for UBSI on September 20, 2024 was 553.83K shares.
UBSI) stock’s latest price update
The stock price of United Bankshares, Inc. (NASDAQ: UBSI) has plunged by -0.83 when compared to previous closing price of 38.49, but the company has seen a 2.88% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-09-18 that United Bankshares (UBSI) remains a buy due to its undervaluation based on TBV per share and its 50-year streak of rising dividends. UBSI’s stable NIM, strategic investment portfolio management, successful acquisitions, and solid capital ratios demonstrate its resilience. United’s conservative dividend growth makes it attractive for retirees seeking reliable income, with a current yield of 3.94%.
Analysts’ Opinion of UBSI
Many brokerage firms have already submitted their reports for UBSI stocks, with Stephens repeating the rating for UBSI by listing it as a “Equal-Weight.” The predicted price for UBSI in the upcoming period, according to Stephens is $32 based on the research report published on April 04, 2023 of the previous year 2023.
Raymond James, on the other hand, stated in their research note that they expect to see UBSI reach a price target of $44. The rating they have provided for UBSI stocks is “Outperform” according to the report published on December 21st, 2022.
Piper Sandler gave a rating of “Neutral” to UBSI, setting the target price at $45 in the report published on December 05th of the previous year.
UBSI Trading at 3.08% from the 50-Day Moving Average
After a stumble in the market that brought UBSI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.41% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 3.01%, as shares surge +4.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.16% upper at present.
During the last 5 trading sessions, UBSI rose by +3.06%, which changed the moving average for the period of 200-days by +8.75% in comparison to the 20-day moving average, which settled at $37.68. In addition, United Bankshares, Inc. saw 1.65% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UBSI starting from CONVERSE PETER A, who purchase 740 shares at the price of $33.21 back on Nov 21 ’23. After this action, CONVERSE PETER A now owns 438,023 shares of United Bankshares, Inc., valued at $24,575 using the latest closing price.
White Gary G, the Director of United Bankshares, Inc., purchase 400 shares at $27.81 during a trade that took place back on Oct 27 ’23, which means that White Gary G is holding 40,643 shares at $11,125 based on the most recent closing price.
Stock Fundamentals for UBSI
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 1.0 for the gross margin
The net margin for United Bankshares, Inc. stands at 0.25. The total capital return value is set at -0.01. Equity return is now at value 7.54, with 1.20 for asset returns.
Based on United Bankshares, Inc. (UBSI), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.24. The debt to equity ratio resting at 0.35. The interest coverage ratio of the stock is -0.17.
Currently, EBITDA for the company is 5.12 million with net debt to EBITDA at -0.68. When we switch over and look at the enterprise to sales, we see a ratio of 3.49. The receivables turnover for the company is 13.23for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.
Conclusion
In conclusion, United Bankshares, Inc. (UBSI) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
