News coverage about United Bankshares (NASDAQ:UBSI) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Bankshares earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news stories about the financial services provider an impact score of 46.2631941584397 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
United Bankshares (NASDAQ:UBSI) traded up $0.80 on Wednesday, hitting $36.25. The stock had a trading volume of 642,115 shares, compared to its average volume of 743,255. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.04 and a quick ratio of 1.02. United Bankshares has a twelve month low of $31.70 and a twelve month high of $46.35. The firm has a market capitalization of $3,690.48, a PE ratio of 22.72, a P/E/G ratio of 1.76 and a beta of 1.05.
United Bankshares (NASDAQ:UBSI) last announced its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.53 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.01. United Bankshares had a return on equity of 6.28% and a net margin of 19.93%. The company had revenue of $187.62 million for the quarter, compared to analyst estimates of $182.94 million. During the same quarter in the previous year, the company earned $0.51 EPS. equities research analysts forecast that United Bankshares will post 2.49 earnings per share for the current fiscal year.
UBSI has been the subject of several research analyst reports. Zacks Investment Research cut United Bankshares from a “hold” rating to a “sell” rating in a research note on Tuesday, October 31st. BidaskClub upgraded United Bankshares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Sandler O’Neill set a $38.00 price target on United Bankshares and gave the company a “hold” rating in a research note on Thursday, January 4th. Finally, Boenning Scattergood restated a “hold” rating on shares of United Bankshares in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $42.25.
In other news, Director Michael P. Fitzgerald sold 27,000 shares of the business’s stock in a transaction that occurred on Friday, February 2nd. The stock was sold at an average price of $37.05, for a total transaction of $1,000,350.00. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 6.23% of the stock is owned by insiders.
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United Bankshares Company Profile
United Bankshares, Inc (United) is a bank holding company. The Company operates through community banking segment. United’s Banking Subsidiaries offer a range of commercial and retail banking services and products. United, through its subsidiaries, engages in community banking and offers banking products and services permitted by law and regulation.
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