The leading market experts have placed a mean price target of $24.60 on Washington Federal, Inc. (NASDAQ:WAFD) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.44 a share for the upcoming quarter and $1.73 for the current fiscal.
The technical analysis of Washington Federal, Inc. plainly substantiates that the 50-day moving average of Washington Federal, Inc. is $25.30, and stock is trading $0.75 points away or +2.98% from its 50-day moving average of $25.30. Further it is trading $2.27 or +9.54% away its 200-day moving average of $23.78. Washington Federal, Inc. (NASDAQ:WAFD) 52-week high is $26.34 and the 52-week low is $19.11.
This explains if the stock moves $-0.29, it will post a 52-week high. In event of +36.32% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of Washington Federal, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Washington Federal, Inc. (NASDAQ:WAFD) ratio came in at 14.88.
The stock last ended the trading session at $26.05 and registered a market cap of $2.36B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Washington Federal, Inc. (NASDAQ:WAFD) PEG ratio is at 1.51.
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