United Bankshares Inc (NASDAQ: UBSI) has reported E.P.S. of $0.71 for its second fiscal quarter (ending June 30) versus $0.68 for the same period a year ago — an increase of 4%. Relative to the consensus estimate of $0.64, this was a premium of $0.07. For the latest four quarters through June 30, E.P.S. were $2.66 compared to $2.92 a year ago — a decline of -9%.
Recent Price Action
United Bankshares Inc (NASDAQ: UBSI) stock closed at $38.33 on 7/25/24 after a large increase of 3.5%. Moreover, trading volume in this advance was unusually high at 172% of normal. The stock has risen 1.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
UBSI is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
United Bankshares has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. United Bankshares has a slightly positive Appreciation Score of 63 and a neutral Power Rating of 44, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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