Wesbanco, Inc (NASDAQ: WSBC)’s stock price has decreased by -0.66 compared to its previous closing price of 31.67. However, the company has seen a -3.32% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-06 that WHEELING, W. Va., Jan. 3, 2025 /PRNewswire/ — WesBanco, Inc. (Nasdaq: WSBC), a diversified, multi-state bank holding company, announced today it will host a conference call at 3:00 p.m.
Is It Worth Investing in Wesbanco, Inc (NASDAQ: WSBC) Right Now?
Wesbanco, Inc (NASDAQ: WSBC) has a higher price-to-earnings ratio of 15.11x compared to its average ratio. WSBC has 36-month beta value of 0.86. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for WSBC is 64.87M, and currently, short sellers hold a 2.95% ratio of that float. The average trading volume of WSBC on January 09, 2025 was 402.06K shares.
WSBC’s Market Performance
WSBC stock saw a decrease of -3.32% in the past week, with a monthly decline of -13.38% and a quarterly a decrease of 8.07%. The volatility ratio for the week is 2.53%, and the volatility levels for the last 30 days are 2.63% for Wesbanco, Inc (WSBC). The simple moving average for the last 20 days is -5.77% for WSBC stock, with a simple moving average of 3.14% for the last 200 days.
Analysts’ Opinion of WSBC
Many brokerage firms have already submitted their reports for WSBC stocks, with Raymond James repeating the rating for WSBC by listing it as a “Strong Buy.” The predicted price for WSBC in the upcoming period, according to Raymond James is $44 based on the research report published on December 06, 2024 of the previous year 2024.
Hovde Group, on the other hand, stated in their research note that they expect to see WSBC reach a price target of $38, previously predicting the price at $34. The rating they have provided for WSBC stocks is “Outperform” according to the report published on July 29th, 2024.
Hovde Group gave a rating of “Outperform” to WSBC, setting the target price at $34 in the report published on April 24th of the previous year.
WSBC Trading at -7.86% from the 50-Day Moving Average
After a stumble in the market that brought WSBC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.79% of loss for the given period.
Volatility was left at 2.63%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares sank -11.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.86% upper at present.
During the last 5 trading sessions, WSBC fell by -3.32%, which changed the moving average for the period of 200-days by +10.54% in comparison to the 20-day moving average, which settled at $33.39. In addition, Wesbanco, Inc saw -3.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WSBC starting from Clossin Todd, who sale 5,000 shares at the price of $36.08 back on Nov 12 ’24. After this action, Clossin Todd now owns 143,547 shares of Wesbanco, Inc, valued at $180,407 using the latest closing price.
Clossin Todd, the Director of Wesbanco, Inc, proposed sale 5,000 shares at $36.08 during a trade that took place back on Nov 12 ’24, which means that Clossin Todd is holding shares at $180,407 based on the most recent closing price.
Stock Fundamentals for WSBC
Current profitability levels for the company are sitting at:
- 0.82 for the present operating margin
- 0.92 for the gross margin
The net margin for Wesbanco, Inc stands at 0.15. The total capital return value is set at 0.06. Equity return is now at value 5.21, with 0.76 for asset returns.
Based on Wesbanco, Inc (WSBC), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 2.61.
When we switch over and look at the enterprise to sales, we see a ratio of 3.46. The receivables turnover for the company is 11.18for 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 0.09.
Conclusion
To put it simply, Wesbanco, Inc (WSBC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
