Webster Financial Corporation s trend and data analysis indicates that the stock price has dropped -1.06% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 42.15% . Looking at the past 52 week period, the stock price is up at 46.46% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Webster Financial Corporation has a positive value of 43.34 compared to overall market.Webster Financial Corporation is having a Relative Strength Index of 47.86 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of Webster Financial Corporation (NYSE:WBS) rallied by 0.35% during the past week but lost 3.31% on a 4-week basis. The company has outperformed the S&P 500 by 0.11% in the past week but underperformed the index by 4.41% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Webster Financial Corporation (NYSE:WBS) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.33 points or 0.61% at $54.03 with 1,490,738 shares getting traded. Post opening the session at $54.57, the shares hit an intraday low of $53.31 and an intraday high of $54.69 and the price was in this range throughout the day. The company has a market cap of $4,972 million and the number of outstanding shares has been calculated to be 92,016,254 shares. The 52-week high of Webster Financial Corporation (NYSE:WBS) is $57.5 and the 52-week low is $31.29.
Company has reported several Insider transactions to the SEC, on Feb 6, 2017, Joel S Becker (director) sold 4,231 shares at 52.97 per share price.On Feb 3, 2017, John Joseph Crawford (director) sold 5,000 shares at 51.47 per share price.On Feb 1, 2017, Gregory Madar (Chief Accounting Officer) sold 640 shares at 52.56 per share price.
Webster Financial Corporation Last issued its quarterly earnings results on Jan 19, 2017. The company reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.55. The company had revenue of $255.90 million for the quarter, compared to analysts expectations of $249.13 million. The companys revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.
WEBSTER FINANCIAL CORP. is a multiple bank holding company which, thru its subsidiary, is engaged primarily in the business attracting deposits from the general public and investing these funds in loans for the purchase, construction or refinancing of one-to-four family homes.