Wells Fargo slashes price target on Webster Financial Corp [WBS] – find out why.

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Webster Financial Corp [NYSE: WBS] stock went on an upward path that rose over 1.57% on Thursday, amounting to a one-week price increase of more than 8.05%.

Over the last 12 months, WBS stock rose by 1.55%. The one-year Webster Financial Corp stock forecast points to a potential upside of 24.36. The average equity rating for WBS stock is currently 1.27, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $8.06 billion, with 171.39 million shares outstanding and 166.69 million shares in the current float. Compared to the average trading volume of 1.29M shares, WBS stock reached a trading volume of 3531908 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Webster Financial Corp [WBS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WBS shares is $63.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WBS stock is a recommendation set at 1.27. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for Webster Financial Corp shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 06, 2025. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on December 17, 2024, representing the official price target for Webster Financial Corp stock. Previously, the target price had yet another raise from $54 to $57, while Morgan Stanley kept a Equal-Weight rating on WBS stock.

The Average True Range (ATR) for Webster Financial Corp is set at 2.39, with the Price to Sales ratio for WBS stock in the period of the last 12 months amounting to 1.93. The Price to Book ratio for the last quarter was 0.93. Price to Free Cash Flow for WBS in the course of the last twelve months was 5.96.

WBS Stock Performance Analysis:

Webster Financial Corp [WBS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.05. With this latest performance, WBS shares dropped by -9.06% in over the last four-week period, additionally sinking by -6.97% over the last 6 months – not to mention a rise of 1.55% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WBS stock in for the last two-week period is set at 51.80, with the RSI for the last a single of trading hit 58.51, and the three-weeks RSI is set at 48.43 for Webster Financial Corp [WBS]. The present Moving Average for the last 50 days of trading for this stock 50.61, while it was recorded at 46.18 for the last single week of trading, and 51.69 for the last 200 days.

Insight into Webster Financial Corp Fundamentals:

Webster Financial Corp’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.06.

WBS Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WBS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Webster Financial Corp go to 8.69%.

Webster Financial Corp [WBS] Institutonal Ownership Details

There are presently around $93.68%, or 94.43%% of WBS stock, in the hands of institutional investors. The top three institutional holders of WBS stocks are: VANGUARD GROUP INC with ownership of 18.12 million shares, which is approximately 10.6764%. BLACKROCK INC., holding 15.45 million shares of the stock with an approximate value of $$673.47 million in WBS stocks shares; and BLACKROCK INC., currently with $$382.59 million in WBS stock with ownership which is approximately 5.1729%.