During the last three months, 8 analysts shared their evaluations of Webster Finl (NYSE:WBS), revealing diverse outlooks from bullish to bearish.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 2 | 6 | 0 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 5 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Webster Finl, revealing an average target of $58.5, a high estimate of $65.00, and a low estimate of $54.00. Experiencing a 7.32% decline, the current average is now lower than the previous average price target of $63.12.
Analyzing Analyst Ratings: A Detailed Breakdown
The analysis of recent analyst actions sheds light on the perception of Webster Finl by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jared Shaw | Barclays | Lowers | Overweight | $60.00 | $65.00 |
| Ben Gerlinger | Citigroup | Lowers | Buy | $55.00 | $60.00 |
| Steven Duong | RBC Capital | Lowers | Outperform | $54.00 | $57.00 |
| Jared Shaw | Barclays | Lowers | Overweight | $65.00 | $70.00 |
| Steven Alexopoulos | JP Morgan | Lowers | Overweight | $63.00 | $65.00 |
| Christopher Mcgratty | Keefe, Bruyette & Woods | Lowers | Outperform | $58.00 | $64.00 |
| Jon Arfstrom | RBC Capital | Lowers | Outperform | $57.00 | $59.00 |
| Ken Usdin | Jefferies | Lowers | Buy | $56.00 | $65.00 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Webster Finl. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Webster Finl compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Webster Finl's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Webster Finl's market standing. Stay informed and make well-considered decisions with our Ratings Table.
Stay up to date on Webster Finl analyst ratings.
Discovering Webster Finl: A Closer Look
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania. The company's segment includes Commercial Banking, HSA Bank, and Consumer Banking. It generates maximum revenue from the Commercial Banking segment.
Breaking Down Webster Finl's Financial Performance
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Webster Finl's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 0.16%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: Webster Finl's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 31.49%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 2.49%, the company showcases effective utilization of equity capital.
Return on Assets (ROA): Webster Finl's ROA stands out, surpassing industry averages. With an impressive ROA of 0.28%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Webster Finl's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.54.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
This article was generated by Benzinga's automated content engine and reviewed by an editor.