Washington Federal Story

<div class='logoBackup' style='background:#FCD202;color: white;font-size:4em;padding-top: 15px;;'>WA</div>
WAFD -- USA Stock  

Earnings Report: April 20, 2020  

Macroaxis News
  
By Ellen Johnson
The company chance of financial distress is now about 46.0 percent. What is Washington Federal Target Price Odds to finish over Current Price? Pertaining to normal probability distribution, the odds of Washington Federal to move above current price in 30 days from now is about 52.66%. The Washington Federal probability density function shows the probability of Washington Federal Stock to fall within a particular range of prices over 30 days . Given the investment horizon of 30 days, Washington Federal has beta of -0.1339 . This means as returns on benchmark increase, returns on holding Washington Federal are expected to decrease at a much smaller rate. During bear market, however, Washington Federal is likely to outperform the market. Additionally, the company has an alpha of 0.0639 implying that it can potentially generate 0.0639% excess return over Russell 2000 after adjusting for the inherited market risk (beta).
Should I hold on to my Washington Federal position?

The entity has beta of 1.12. Washington Federal returns are very sensitive to returns on the market. As market goes up or down, Washington Federal is expected to follow. This firm dividends can provide a clue to current valuation of the stock. Washington Federal one year expected dividend income is about $0.37 per share. Earning per share calculations of the firm is based on official Zacks consensus of 2 analysts regarding Washington Federal future annual earnings. Given the historical accuracy of 94.54%, the future earnings per share of the company is estimated to be 2.605 with lowest and highest values of 2.59 and 2.62 respectively. Please note that this consensus of annual earnings estimates for the entity is an estimate of EPS before non-recurring items and including employee stock options expenses.


Washington Federal reported previous year revenue of 545.03 M. Net Income was 210.26 M with profit before overhead, payroll, taxes, and interest of 545.03 M. The current investor indifference towards the small price fluctuations of Washington Federal may raise some interest from investors as it closed today at a share price of 36.48 on 254547.000 in trading volume. The company executives did not add any value to Washington Federal investors in November. However, most investors can still diversify their portfolios with Washington Federal to hedge your portfolio against high-volatility market scenarios. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 1.0215. The below-average Stock volatility is a good sign for a longer term investment options and for buy-and-hold investors. Washington Federal preserves 441.15 m of cash and equivalents. Washington Federal is selling at 36.69. That is 0.41 percent increase. Day Low was 36.48. Washington Federal Price to Sales Ratio is rather stable at the moment. Further, Washington Federal Earnings per Diluted Share is rather stable at the moment.

 2015 2016 2017 2018 2019 (projected)
PPandE Turnover 2.09  2.20  2.48  2.71  3.15 
Calculated Tax Rate 33.89  32.27  20.76  19.99  22.70 

To summarize, we see that Washington Federal Follows market closely. The firm is fairly valued with close to average probability of bankruptcy within the next 24 months. Our current buy-hold-sell recommendation on the firm is Cautious Hold.

Washington Federal Balance Sheet Drivers

Acquisition by Stephen Graham of 2047 shares of Washington Federal subject to Rule 16b-3

Washington Federal insider trading alert for grant of common stock by Stephen Graham, the corporate stakeholder, on January 3, 2020. This event was filed by Washington Federal Inc with SEC on 2020-01-03. Statement of changes in beneficial ownership - SEC Form 4 [view details]   

About Contributor

Ellen Johnson
   Ellen Johnson is a Member of Macroaxs Editorial Board. Ellen covers public companies in North America focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management. View Profile
This story should be regarded as informational only and should not be considered as solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Washington Federal. Please refer to our Terms of Use for any information regarding our disclosure principles.

Story Momentum

This story impact on price volatility cannot be determined at this time. Please check this story after some time to allow current data to be analyzed.

Similar stores for Washington Federal

a day ago at simplywall.st 
Is Washington Federal, Inc.s CEO Pay Justified - Simply Wall St
news
Is Washington Federal, Inc.s CEO Pay Justified Simply Wall St
over two weeks ago at www.nasdaq.com 
Chinese Stocks Beat Wall St in 2019 Blue Chips Soar More than 35 percent - Nasdaq
nasdaq News
Chinese Stocks Beat Wall St in 2019 Blue Chips Soar More than 35 Nasdaq
over a month ago at slatersentinel.com 
Parametric Portfolio Associates LLC Has 12.20 Million Stake in Washington Federal Inc. - Slater Sentinel
news
Parametric Portfolio Associates LLC Has 12.20 Million Stake in Washington Federal Inc. Slater Sentinel
over a month ago at coinglobalist.com 
Rhumbline Advisers Trimmed Its Wash Fed Com Position Vulcan Materials Company Covered By 7 Bullish Analysts La...
news
Rhumbline Advisers Trimmed Its Wash Fed Com Position Vulcan Materials Company Covered By 7 Bullish Analysts Last Week The CoinGlobalist

Compare Washington Federal

Compare Washington Federal To Peers

Shares Outstanding

Shares Outstanding Comparative Analysis

  Shares Outstanding 
    
  Washington Federal Comparables 
Washington Federal is currently under evaluation in shares outstanding category among related companies. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted bases which include exotic instruments such as options, or convertibles bonds.
See also Washington Federal Hype Analysis, Washington Federal Correlation and Washington Federal Performance. Please also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.
Company logos by clearbit