Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $36.50 on Webster Financial Corporation (NYSE:WBS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.10 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Webster Financial Corporation (NYSE:WBS) stands at 18.30.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Webster Financial Corporation C, the PEG ratio for coming 3-5 years is 2.30.
The technical analysis highlights that Webster Financial Corporation C current is trading $2.01 points away or +5.50% from its 50-day moving average of $36.61. Further it is trading $2.54 or +7.05% away its 200-day moving average of $36.08.
The 52-week high of Webster Financial Corporation (NYSE:WBS) was $40.72 while lowest point recorded in 52-week was $30.09. It implies if stock price makes a movement of over $-2.10, it will record a new 52-week high. In the case of +28.35% drop, it will touch a new 52-week low.
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