Analyst Ratings for WesBanco Inc. (WSBC)Updated: 2017-07-27
An average rating of Overweight has been given to WesBanco Inc. (NASDAQ:WSBC) by analysts covering the stock. About 30 days ago, WSBC was issued an average rating of Overweight.
A buy rating was issued by 3 analysts, 0 issued an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for WSBC. The highest price target was 44, which equates to a potential upside of 16 percent. The most pessimistic price target was 40, which equates to a potential downside of 5.46 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.56 percent. That number becomes -1.56 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -2 percent. If we look at the last 90 days instead, we find a net average change of -2 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 2 analysts increased their quarterly estimates, while 3 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 4 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of WSBC to grow at a rate of 12.48 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of WSBC is 1.39.
In the trailing 52-weeks, WSBC hit 44.19 at the highest peak, while it's lowest trading point was 30.46. Today's price is 24.52 percent above the 52-week low, and 14.17 percent below the high. WSBC has a price/earnings ratio of 17.4. Investors typically compare the P/E ratio to a company's peers in the industry. The WSBC value stock report compares WSBC to some of its peers using value stock charts. The market cap of WSBC is $1.67 billion. WSBC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.