The stock of WaFd Inc (WAFD) has gone up by 3.31% for the week, with a 7.91% rise in the past month and a 1.23% rise in the past quarter. The volatility ratio for the week is 2.27%, and the volatility levels for the past 30 days are 2.76% for WAFD.. The simple moving average for the past 20 days is 2.23% for WAFD’s stock, with a 18.28% simple moving average for the past 200 days.
Is It Worth Investing in WaFd Inc (NASDAQ: WAFD) Right Now?
WaFd Inc (NASDAQ: WAFD) has a price-to-earnings ratio of 14.96x that is above its average ratio. Additionally, the 36-month beta value for WAFD is 0.84. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for WAFD is 79.98M and currently, short sellers hold a 1.69% ratio of that float. The average trading volume of WAFD on November 28, 2024 was 539.82K shares.
WAFD) stock’s latest price update
WaFd Inc (NASDAQ: WAFD)’s stock price has dropped by -0.16 in relation to previous closing price of 37.17. Nevertheless, the company has seen a gain of 3.31% in its stock price over the last five trading days. businesswire.com reported 2024-11-21 that SEATTLE–(BUSINESS WIRE)– #networkofgiving–Today, WaFd, Inc. (Nasdaq: WAFD) (the “Company”), and Washington Federal Bank (“WaFd Bank”), its bank subsidiary announces that it will be the official banking partner for the purpose-driven digital commerce platform, the Network of Giving, launched initially in the Seattle market. This will fuel merchant-funded micro-donations to critical community service agencies to support our neighbors in need. The Network of Giving is designed to empower people to foster giving t.
Analysts’ Opinion of WAFD
Many brokerage firms have already submitted their reports for WAFD stocks, with Keefe Bruyette repeating the rating for WAFD by listing it as a “Mkt Perform.” The predicted price for WAFD in the upcoming period, according to Keefe Bruyette is $40 based on the research report published on October 21, 2024 of the current year 2024.
Stephens, on the other hand, stated in their research note that they expect to see WAFD reach a price target of $32. The rating they have provided for WAFD stocks is “Equal-Weight” according to the report published on December 08th, 2023.
DA Davidson gave a rating of “Buy” to WAFD, setting the target price at $43 in the report published on March 15th of the previous year.
WAFD Trading at 4.84% from the 50-Day Moving Average
After a stumble in the market that brought WAFD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.91% of loss for the given period.
Volatility was left at 2.76%, however, over the last 30 days, the volatility rate increased by 2.27%, as shares surge +7.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.88% upper at present.
During the last 5 trading sessions, WAFD rose by +3.31%, which changed the moving average for the period of 200-days by +36.13% in comparison to the 20-day moving average, which settled at $36.30. In addition, WaFd Inc saw 12.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WAFD starting from Mauer Ryan, who sale 12,132 shares at the price of $33.33 back on Nov 04 ’24. After this action, Mauer Ryan now owns 100,376 shares of WaFd Inc, valued at $404,364 using the latest closing price.
Cooper Cathy E, the EVP & Chief Consumer Banker of WaFd Inc, sale 7,500 shares at $32.52 during a trade that took place back on Nov 04 ’24, which means that Cooper Cathy E is holding 74,250 shares at $243,938 based on the most recent closing price.
Stock Fundamentals for WAFD
Current profitability levels for the company are sitting at:
- 0.52 for the present operating margin
- 0.88 for the gross margin
The net margin for WaFd Inc stands at 0.18. The total capital return value is set at 0.04. Equity return is now at value 7.37, with 0.79 for asset returns.
Based on WaFd Inc (WAFD), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.11. The interest coverage ratio of the stock is 0.81.
When we switch over and look at the enterprise to sales, we see a ratio of 3.61. The receivables turnover for the company is 4.94for trailing twelve months and the total asset turnover is 0.04. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.
Conclusion
In conclusion, WaFd Inc (WAFD) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
