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Stocks in the News: Webster Financial Corporation (NYSE:WBS) & CoreLogic, Inc. (NYSE:CLGX)

Webster Financial Corporation (NYSE:WBS)

Webster Financial Corporation is the holding company for Webster Bank, National Association. Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services. Webster also provides mobile and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender.

Webster Financial Corporation (NYSE:WBS)’s Financial Overview

Webster Financial Corporation (NYSE) surged 1.25% yesterday to close its trading session at $55.11. The company has 1 year Price Target of $60.65. Webster Financial Corporation has 52-Week high of $69.63 and 52-Week Low of $45.38. The stock touched its 52-Week High on 69.63 and 52-Week Low on 45.38. The stock traded with the volume of 309817 shares yesterday. The firm shows the market capitalization of $5.11 Billion.

Webster Financial Corporation (NYSE) reported its last quarterly earnings on 12/30/2018 where the firm reported its Actual EPS of $1.01/share against the analyst consensus estimate of $0.98/share. The difference between the actual and expected EPS is $0.03 a share with a surprise factor of 3.1%.

The firm is trading with SMA20 of 0.68 Percent, SMA50 of 4.1 Percent and SMA200 of -9.36 percent. Webster Financial Corporation has P/S value of 5.17 while its P/B value stands at 1.9. Similarly, the company has Return on Assets of 1.1 percent, Return on Equity of 11.6 percent and Return on Investment of 24.4 Percent. The company shows Gross Margin and Operating Margin of 0 percent and 82.2 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.6 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 11 analysts offering 12-month price forecasts for Webster Financial Corp have a median target of 62.00, with a high estimate of 68.50 and a low estimate of 55.00. The median estimate represents a +12.50% increase from the last price of 55.11.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

CoreLogic, Inc. (NYSE:CLGX)

CoreLogic, Inc., formerly known as First American Corp., is a provider of consumer, financial and property information, analytics and services to business and government. The Company combines public, contributory and proprietary data to develop predictive decision analytics and provide business services. CoreLogic has built databases for U.S. real estate, mortgage application, fraud, and loan performance and is also a provider of mortgage and automotive credit reporting, property tax, valuation, flood determination, and geospatial analytics and services. The Company serves various industries, including automotive, cable, financial services, employment, geospatial information service, insurance, legal, oil and gas, real estate, retail, utility, and telecommunications. CoreLogic, Inc. is headquartered in Santa Ana, California.

CoreLogic, Inc. (NYSE:CLGX)’s Financial Outlook

The 10 analysts offering 12-month price forecasts for Corelogic Inc have a median target of 41.00, with a high estimate of 50.00 and a low estimate of 35.00. The median estimate represents a +5.02% increase from the last price of 39.04.

CoreLogic, Inc. is expected* to report earnings on 02/26/2019 after market close. The report will be for the fiscal Quarter ending Dec 2018. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.39. The reported EPS for the same quarter last year was $0.47.

According to Zacks Investment Research, CoreLogic, Inc. has a Consensus Recommendation of 2.56. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 2.79% and closed its last trading session at $39.04. The company has the market capitalization of $3.12 Billion. The stock has 52-week high of $55.79 and 52-Week low of $31.87. The firm touched its 52-Week high on 55.79 and 52-Week low on 31.87. The company has volume of 393015 shares. The company has a total of 79.91 Million shares outstanding.

CoreLogic, Inc. (NYSE) in the last quarter reported its actual EPS of $0.72/share where the analyst estimated EPS was $0.77/share. The difference between the actual and Estimated EPS is $-0.05. This shows a surprise factor of -6.5 percent.

The company has YTD performance of 16.82 percent. Beta for CoreLogic, Inc. stands at 0.83 while its ATR (average true range) is 0.79. The company has Weekly Volatility of 1.89%% and Monthly Volatility of 2.07%%.

CoreLogic, Inc. has distance from 20-day Simple Moving Average (SMA20) of 6.83%, Distance from 50-Day Simple Moving Average of 7.89 percent and Distance from 200-Day Simple Moving Average of -14.91%.

The Company currently has ROA (Return on Assets) of 4.2 percent, Return on Equity (ROE) of 17.1 Percent and Return on Investment (ROI) of 6.4% with Gross margin of 49 percent and Operating & Profit margin of 13.9% and 9.5% respectively.