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.
Several price targets were given for WSBC by the analysts covering the stock. The maximum price target given was 44, which equates to a potential upside of 16 percent. The minimum price target given was 40, implying a possible loss of 5.46 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.56 percent. The average change in earnings estimates over the last 90 days is -1.56 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -2 percent, as compared to a month ago. 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. 2 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 3 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 4 analysts that revised their FY estimates downwards.
Analysts estimate earnings of WSBC to grow at a rate of 12.48 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. Currently the stock is 24.52 percent higher than its low, and below the high by 14.17 percent. WSBC has a P/E 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 stock has a market capitalization of $1.67 billion. WSBC's next earnings release will be on 0000-00-00, which is days away.