A Look At Insider Reactions To Washington Federal Inc. (WAFD)

Business man trader investor analyst using mobile phone app analytics for cryptocurrency financial stock market analysis analyze graph trading data index investment growth chart on smartphone screen.

As of Friday close, Washington Federal Inc.’s (NASDAQ:WAFD) stock was down -$1.49, moving down -4.71 percent to $30.13. The average number of shares traded per day over the past five days has been 3,911,140 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.56 fall in that time frame. In the last twenty days, the average volume was 1,422,285, while in the previous 50 days, it was 840,398.

Since last month, WAFD stock retreated -18.85%. Shares of the company fell to $29.08 on 03/13/23, the lowest level in the past month. A 52-week high of $39.17 was reached on 02/15/23 after having rallying from a 52-week low of $29.08. Since the beginning of this year, WAFD’s stock price has dropped by -10.19% or -$3.42, and marked a new high 8 times. However, the stock has declined by -23.09% since its 52-week high.

Do You Know The Best Place To Find Gains In Volatile Markets?

In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.

Click here for full details and to join for free.


WAFD stock investors should be aware that Washington Federal Inc. (WAFD) stock had its last reported insider trading activity 5 days ago on Mar 13. BEARDALL BRENT J, the President & CEO of the company, purchased of 1,600 shares for $30.20 on Mar 13. It resulted in a $48,320 investment by the insider. TALBOT RANDALL H added 3,500 shares at an average price of $31.10 on Mar 10. The insider now owns 51,879 shares following the transaction. On Jan 23, EVP & Chief Operations Officer Robison Kim E sold 7,148 shares at $34.00 apiece. The transaction was valued at $243,032.

Valuation Metrics

Right now, Washington Federal Inc. (WAFD) has a P/E ratio of about 7.85. The stock’s beta is 0.87. Besides these, the trailing price-to-sales (P/S) ratio of 2.63, the price-to-book (PB) ratio of 0.97, and the price-to-cash flow ratio of 8.42 may also be considered.

The latest dividend of $0.25 per share was paid out, which is 4.17% more than last year’s $0.24. On Tuesday February 14 2023, a $0.01 dividend increase was announced.

Financial Health

In the year ended December 30, operating margins totaled 85.20%. Based on annual data, WAFD earned $594.59 million in gross profit and brought in $666.36 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 26.70%. Return on equity (ROE) for the past 12 months was 12.90%.

In Washington Federal Inc.’s quarter-end financial report for December 30, it reported total debt of $3.08 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. While analysts expected Washington Federal Inc. to report $1.09 quarterly earnings, the actual figure was $1.16 per share, beating the consensus estimate by 6.40%. The value of shareholders’ equity is $65.42 million.

Technical Picture

This quick technical analysis looks at Washington Federal Inc.’s (WAFD) price momentum. With a historical volatility rate of 44.02%, the RSI 9-day stood at 20.03% on 17 March.

With respect to its five-day moving average, the current Washington Federal Inc. price is down by -4.92% percent or -$1.56. At present, WAFD shares trade -17.27% below its 20-day simple moving average and -18.32% percent below its 100-day simple moving average. However, the stock is currently trading approximately -8.34% below its SMA50 and -7.15% below its SMA200.

Stochastic coefficient K was 29.70% and Stochastic coefficient D was 36.93%, while ATR was 1.88. Given the Stochastic reading of 15.74% for the 14-day period, the RSI (14) reading has been calculated as 25.93%. As of today, the MACD Oscillator reading stands at -1.09, while the 14-day reading stands at -2.06.

Analyst Ratings

DA Davidson upgraded its rating on Washington Federal Inc. (NASDAQ: WAFD) to a Buy in a note to investors on March 15, 2022. The analysts firm previously had a Neutral rating on the stock.Washington Federal Inc. (WAFD) has been rated Overweight by analysts. According to 0 brokerage firms, WAFD is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Washington Federal Inc. stock as buy, with 2 recommending it as overweight.

With a median target price of $45.00, the current consensus forecast for the stock is $37.00 – $48.00. Based on these forecasts, analysts predict Washington Federal Inc. (WAFD) will achieve an average price target of $43.33.


Please enter your comment!
Please enter your name here