Alert: New Earnings Report (10/24/24)-United Bankshares Inc (NASDAQ: UBSI).

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For its third fiscal quarter (ending September 30), United Bankshares Inc (NASDAQ: UBSI) has reported a -1% decline in E.P.S. from $0.71 a year ago to $0.70 in the current quarter. E.P.S. were $2.65 for the latest four quarters through September 30 versus $2.87 for the same period a year ago — a decline of -8%.

Recent Price Action

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United Bankshares Inc (NASDAQ: UBSI) stock rose modestly by 0.8% on 10/24/24. The stock closed at $37.19. Moreover, trading volume in this advance was above average at 123% of normal. The stock has performed in line with the market over the last nine months and has declined -3.4% during the last week.

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 B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. United Bankshares has a slightly positive Appreciation Score of 65 and a slightly positive Power Rating of 65, and the Positive Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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