For its second fiscal quarter (ending June 30), WesBanco Inc (NASDAQ: WSBC) has reported E.P.S. of $0.44 compared to $0.71 a year ago. E.P.S. were $2.13 for the latest four quarters through June 30 versus $3.08 for the same period a year ago.
Recent Price Action
On 7/26/24, WesBanco Inc (NASDAQ: WSBC) stock declined by -4.4%, closing at $32.78. Moreover, trading volume in this decline was exceptionally high at 329% of normal. The stock has performed in line with the market over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, WSBC is expected to continue to be a modest Value Builder.
WesBanco has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. WesBanco has a good Appreciation Score of 84 but a slightly negative Power Rating of 40, resulting in the Positive Value Trend Rating.
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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