Washington Federal Inc. (NASDAQ:WAFD) Director Randall H. Talbot bought 5,300 shares of Washington Federal stock in a transaction that occurred on Tuesday, July 28th. The shares were acquired at an average cost of $23.16 per share, for a total transaction of $122,748.00.
WAFD stock traded up $0.36 on Wednesday, reaching $23.46. The company’s stock had a trading volume of 18,137 shares, compared to its average volume of 421,168. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.10 and a current ratio of 1.05. The business has a fifty day simple moving average of $25.57 and a two-hundred day simple moving average of $28.18. The firm has a market cap of $1.78 billion, a PE ratio of 9.36 and a beta of 0.98. Washington Federal Inc. has a 12-month low of $20.92 and a 12-month high of $38.26.
Washington Federal (NASDAQ:WAFD) last released its quarterly earnings results on Wednesday, July 22nd. The bank reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.08. The company had revenue of $130.65 million during the quarter, compared to the consensus estimate of $131.40 million. Washington Federal had a net margin of 25.93% and a return on equity of 8.46%. As a group, research analysts anticipate that Washington Federal Inc. will post 2.01 earnings per share for the current fiscal year.
WAFD has been the subject of several analyst reports. BidaskClub lowered shares of Washington Federal from a “hold” rating to a “sell” rating in a research report on Saturday, July 11th. Zacks Investment Research upgraded Washington Federal from a “sell” rating to a “hold” rating and set a $27.00 target price for the company in a report on Monday, July 6th. Finally, Piper Sandler boosted their price objective on Washington Federal from $25.00 to $25.50 and gave the company a “neutral” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $29.50.
About Washington Federal
Washington Federal, Inc operates as the bank holding company for Washington Federal, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.
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