United Bankshares Inc (NASDAQ: UBSI) has reported earnings for its first fiscal quarter (ending March 31) of $0.64 versus $0.73 for the same period a year ago. E.P.S. were $2.62 for the latest four quarters through March 31 versus $2.94 for the same period a year ago.
Recent Price Action
On 4/25/24, United Bankshares Inc (NASDAQ: UBSI) stock declined by -4.0%, closing at $33.36. Moreover, trading volume in this decline was above average at 120% of normal. Relative to the market the stock has been strong over the last nine months and has risen 2.4% during the last week.
Current PriceTarget Research Rating
UBSI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
United Bankshares has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. United Bankshares has a slightly positive Appreciation Score of 63 and a good Power Rating of 85, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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