Washington Trust Bancorp Stock Buy Hold or Sell Recommendation

WASH Stock  USD 30.85  1.41  4.79%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Washington Trust Bancorp is 'Strong Hold'. The recommendation algorithm takes into account all of Washington Trust's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Washington Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
In addition, we conduct extensive research on individual companies such as Washington and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.

Execute Washington Trust Buy or Sell Advice

The Washington recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Washington Trust Bancorp. Macroaxis does not own or have any residual interests in Washington Trust Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Washington Trust's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Washington TrustBuy Washington Trust
Strong Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

AverageDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Washington Trust Bancorp has a Risk Adjusted Performance of (0.08), Jensen Alpha of (0.08), Total Risk Alpha of 0.0541 and Treynor Ratio of (0.18)
Our trade recommendation module can be used to complement Washington Trust Bancorp trade advice provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available at the time. To make sure Washington Trust Bancorp is not overpriced, please check out all Washington Trust Bancorp fundamentals, including its ebitda, price to earnings to growth, last dividend paid, as well as the relationship between the debt to equity and total asset . Given that Washington Trust Bancorp has a number of shares shorted of 396.33 K, we strongly advise you to confirm Washington Trust Bancorp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevalent risk tolerance and investing horizon.

Washington Trust Trading Alerts and Improvement Suggestions

Washington Trust generated a negative expected return over the last 90 days
Washington Trust has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 340.68 M. Net Loss for the year was (28.06 M) with profit before overhead, payroll, taxes, and interest of 98.25 M.
About 69.0% of the company outstanding shares are owned by institutional investors
Latest headline from MacroaxisInsider: Disposition of 1900 shares by Anthony Botelho of Washington Trust at 48.5 subject to Rule 16b-3

Washington Trust Returns Distribution Density

The distribution of Washington Trust's historical returns is an attempt to chart the uncertainty of Washington Trust's future price movements. The chart of the probability distribution of Washington Trust daily returns describes the distribution of returns around its average expected value. We use Washington Trust Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Washington Trust returns is essential to provide solid investment advice for Washington Trust.
Mean Return
-0.2
Value At Risk
-3.46
Potential Upside
3.16
Standard Deviation
2.12
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Washington Trust historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Washington Stock Institutional Investors

Shares
Proshare Advisors Llc2024-12-31
215.9 K
Amvescap Plc.2024-12-31
212.2 K
Morgan Stanley - Brokerage Accounts2024-12-31
196.1 K
Aqr Capital Management Llc2024-12-31
181.7 K
Goldman Sachs Group Inc2024-12-31
177.9 K
Northern Trust Corp2024-12-31
174 K
Charles Schwab Investment Management Inc2024-12-31
171.5 K
Drexel Morgan & Company, Llc2024-12-31
166.9 K
Wellington Management Company Llp2024-12-31
154.8 K
Blackrock Inc2024-12-31
2.3 M
Fmr Inc2024-12-31
1.3 M
Note, although Washington Trust's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Washington Trust Cash Flow Accounts

202020212022202320242025 (projected)
Change In Cash63.8M(23.8M)(60.1M)(28.2M)398K378.1K
Free Cash Flow33.1M97.3M106.9M26.6M39.1M31.5M
Depreciation4.1M4.3M4.3M4.8M4.8M4.2M
Other Non Cash Items(29.8M)14.9M29.2M(5.5M)67.2M70.6M
Dividends Paid35.5M36.3M37.6M38.6M275K261.3K
Capital Expenditures3.4M3.5M6.1M5.0M4.0M3.7M
Net Income69.8M76.9M71.7M48.1M(28.1M)(26.7M)
End Period Cash Flow202.3M178.5M118.4M90.2M5.1M4.8M
Investments(264.4M)115.9M(762.5M)(550.8M)231.3M242.9M
Net Borrowings190.7M(547.6M)(448.9M)835M960.3M1.0B
Change To Netincome(8.4M)(34.8M)16.7M30.7M35.3M37.0M

Washington Trust Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Washington Trust or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Washington Trust's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Washington stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.08
β
Beta against Dow Jones1.19
σ
Overall volatility
2.15
Ir
Information ratio -0.05

Washington Trust Volatility Alert

Washington Trust Bancorp exhibits very low volatility with skewness of -0.68 and kurtosis of 3.57. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Washington Trust's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Washington Trust's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Washington Trust Fundamentals Vs Peers

Comparing Washington Trust's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Washington Trust's direct or indirect competition across all of the common fundamentals between Washington Trust and the related equities. This way, we can detect undervalued stocks with similar characteristics as Washington Trust or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Washington Trust's fundamental indicators could also be used in its relative valuation, which is a method of valuing Washington Trust by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Washington Trust to competition
FundamentalsWashington TrustPeer Average
Return On Equity-0.0577-0.31
Return On Asset-0.004-0.14
Profit Margin(0.29) %(1.27) %
Operating Margin1.71 %(5.51) %
Current Valuation1.66 B16.62 B
Shares Outstanding19.28 M571.82 M
Shares Owned By Insiders0.83 %10.09 %
Shares Owned By Institutions69.03 %39.21 %
Number Of Shares Shorted396.33 K4.71 M
Price To Earning10.95 X28.72 X
Price To Book1.19 X9.51 X
Price To Sales6.05 X11.42 X
Revenue340.68 M9.43 B
Gross Profit98.25 M27.38 B
EBITDA61.33 M3.9 B
Net Income(28.06 M)570.98 M
Cash And Equivalents130.07 M2.7 B
Cash Per Share7.57 X5.01 X
Total Debt1.18 B5.32 B
Debt To Equity0.06 %48.70 %
Book Value Per Share25.93 X1.93 K
Cash Flow From Operations39.14 M971.22 M
Short Ratio2.50 X4.00 X
Earnings Per Share(1.63) X3.12 X
Price To Earnings To Growth4.01 X4.89 X
Target Price35.67
Number Of Employees61818.84 K
Beta0.82-0.15
Market Capitalization594.67 M19.03 B
Total Asset6.93 B29.47 B
Retained Earnings434.01 M9.33 B
Annual Yield0.07 %
Five Year Return4.03 %
Note: Disposition of 1900 shares by Anthony Botelho of Washington Trust at 48.5 subject to Rule 16b-3 [view details]

Washington Trust Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Washington . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Washington Trust Buy or Sell Advice

When is the right time to buy or sell Washington Trust Bancorp? Buying financial instruments such as Washington Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Washington Trust in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aluminum Theme or any other thematic opportunities.
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When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock:
Check out Washington Trust Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Washington Trust. If investors know Washington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Washington Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
2.24
Earnings Share
(1.63)
Revenue Per Share
5.729
Quarterly Revenue Growth
(0)
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.