United Bankshares stock has undergone multiple analysts rating changes in the recent past. United Bankshares stock Target Raised by Raymond James on 10/27/2021. In a note to investors, the firm issued a new target price of $40.00. The analysts previously had $39.00 target price. Raymond James’s price target would indicate a potential upside of 7.79% from the stock’s previous close.
Shares of United Bankshares traded down -$1.82 on Wednesday, reaching $35.29. 0 shares of the stock traded hands, compared to its average volume of 577464. On Wednesday, Shares of United Bankshares closed at $35.29. The firm’s 50 day moving average is $35.46 and its 200 day moving average is $37.01.United Bankshares has a 12 month low of $24.50 and a 12 month high of $42.50. While on yearly highs and lows, United Bankshares today has traded high as $37.07 and has touched $35.25 on the downward trend.
United Bankshares Earnings and What to expect:
United Bankshares last announced its quarterly earnings results on October 25th, 2021. The financial services provider reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. United Bankshares has generated $2.40 earnings per share over the last year ($3.07 diluted earnings per share) and currently has a price-to-earnings ratio of 11.5. Earnings for United Bankshares are expected to decrease by -10.18% in the coming year, from $2.75 to $2.47 per share. United Bankshares has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, January 27th, 2022 based off prior year’s report dates.
Earnings for United Bankshares are expected to decrease by -10.18% in the coming year, from $2.75 to $2.47 per share. The P/E ratio of United Bankshares is 11.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.08. The P/E ratio of United Bankshares is 11.50, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.79. United Bankshares has a P/B Ratio of 1.07. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
United Bankshares (NASDAQ:UBSI) Moving Average Technical Analysis
5 day Moving Average is $$36.76 And 5 day price change is -$1.55 (-4.21%) with average volume for 5 day average is 560,340. While technical analysis for average 20 days shows significant difference, 20 day moving average is $36.50 and 20 day price change is -$1.03 (-2.84%) and average 20 day moving volume is 484,515. 50 day moving average is $35.46 and 50 day price change is -$0.25 ( -0.70%) and with average volume for 50 days is : 497,358. 200 day moving average is $37.01 and 200 day price change is -$0.97 (-2.68%) and with average volume for 200 days is : 490,948.
Other owners latest trading in United Bankshares :
- On 10/27/2021 shares held by Aptus Capital Advisors LLC were 6,273 which equates to market value of $0.23M and appx 0.00% owners of United Bankshares
- On 10/27/2021 shares held by State of New Jersey Common Pension Fund D were 75,031 which equates to market value of $2.73M and appx 0.00% owners of United Bankshares
- On 10/27/2021 shares held by Peoples Bank OH were 8,480 which equates to market value of $0.31M and appx 0.20% owners of United Bankshares
- In total Institutional ownership equates to Institutional Ownership Percentage: 66.31% for United Bankshares
See More Analyst Rating at: RATING