Media stories about United Bankshares (NASDAQ:UBSI) have been trending somewhat positive on Sunday, according to Accern. The research group identifies negative and positive news coverage by analyzing more than twenty million blog and news 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 media sentiment score of 0.06 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.6174321174482 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news stories that may have impacted Accern Sentiment’s rankings:
- United Bankshares, Inc. (UBSI) Given Average Rating of “Hold” by Brokerages (americanbankingnews.com)
- United Bankshares, Inc. (UBSI) Director Sells $2,555,810.60 in Stock (americanbankingnews.com)
- Zacks: Brokerages Anticipate United Bankshares, Inc. (UBSI) Will Announce Quarterly Sales of $180.57 Million (americanbankingnews.com)
- Zacks: Brokerages Expect United Bankshares, Inc. (UBSI) to Announce $0.61 Earnings Per Share (americanbankingnews.com)
Several equities analysts have weighed in on the stock. Zacks Investment Research raised shares of United Bankshares from a “hold” rating to a “strong-buy” rating and set a $42.00 price target on the stock in a report on Saturday, January 13th. Sandler O’Neill set a $38.00 target price on shares of United Bankshares and gave the stock a “hold” rating in a report on Thursday, January 4th. BidaskClub downgraded shares of United Bankshares from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Finally, Boenning Scattergood reissued a “hold” rating on shares of United Bankshares in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $42.25.
United Bankshares (NASDAQ UBSI) opened at $37.05 on Friday. United Bankshares has a 1-year low of $31.70 and a 1-year high of $46.35. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.04 and a quick ratio of 1.02. The company has a market cap of $3,832.22, a price-to-earnings ratio of 23.75, a PEG ratio of 1.83 and a beta of 1.05.
United Bankshares (NASDAQ:UBSI) last released its earnings results on Tuesday, January 30th. The financial services provider reported $0.53 EPS for the quarter, topping the consensus estimate of $0.52 by $0.01. United Bankshares had a net margin of 19.93% and a return on equity of 6.28%. The firm had revenue of $187.62 million for the quarter, compared to the consensus estimate of $182.94 million. During the same quarter in the previous year, the firm earned $0.51 earnings per share. research analysts expect that United Bankshares will post 2.49 EPS for the current fiscal year.
In related news, Director Michael P. Fitzgerald sold 27,000 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $37.05, for a total value of $1,000,350.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Peter A. Converse sold 69,020 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $37.03, for a total transaction of $2,555,810.60. The disclosure for this sale can be found here. Insiders own 6.23% of the company’s stock.
About United Bankshares
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.
Receive News & Ratings for United Bankshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Bankshares and related companies with MarketBeat.com's FREE daily email newsletter.