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.
Washington |
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
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
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 Llc | 2024-12-31 | 215.9 K | Amvescap Plc. | 2024-12-31 | 212.2 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 196.1 K | Aqr Capital Management Llc | 2024-12-31 | 181.7 K | Goldman Sachs Group Inc | 2024-12-31 | 177.9 K | Northern Trust Corp | 2024-12-31 | 174 K | Charles Schwab Investment Management Inc | 2024-12-31 | 171.5 K | Drexel Morgan & Company, Llc | 2024-12-31 | 166.9 K | Wellington Management Company Llp | 2024-12-31 | 154.8 K | Blackrock Inc | 2024-12-31 | 2.3 M | Fmr Inc | 2024-12-31 | 1.3 M |
Washington Trust Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change In Cash | 63.8M | (23.8M) | (60.1M) | (28.2M) | 398K | 378.1K | |
| Free Cash Flow | 33.1M | 97.3M | 106.9M | 26.6M | 39.1M | 31.5M | |
| Depreciation | 4.1M | 4.3M | 4.3M | 4.8M | 4.8M | 4.2M | |
| Other Non Cash Items | (29.8M) | 14.9M | 29.2M | (5.5M) | 67.2M | 70.6M | |
| Dividends Paid | 35.5M | 36.3M | 37.6M | 38.6M | 275K | 261.3K | |
| Capital Expenditures | 3.4M | 3.5M | 6.1M | 5.0M | 4.0M | 3.7M | |
| Net Income | 69.8M | 76.9M | 71.7M | 48.1M | (28.1M) | (26.7M) | |
| End Period Cash Flow | 202.3M | 178.5M | 118.4M | 90.2M | 5.1M | 4.8M | |
| Investments | (264.4M) | 115.9M | (762.5M) | (550.8M) | 231.3M | 242.9M | |
| Net Borrowings | 190.7M | (547.6M) | (448.9M) | 835M | 960.3M | 1.0B | |
| Change To Netincome | (8.4M) | (34.8M) | 16.7M | 30.7M | 35.3M | 37.0M |
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 Jones | 1.19 | |
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 |
| Fundamentals | Washington Trust | Peer Average |
| Return On Equity | -0.0577 | -0.31 |
| Return On Asset | -0.004 | -0.14 |
| Profit Margin | (0.29) % | (1.27) % |
| Operating Margin | 1.71 % | (5.51) % |
| Current Valuation | 1.66 B | 16.62 B |
| Shares Outstanding | 19.28 M | 571.82 M |
| Shares Owned By Insiders | 0.83 % | 10.09 % |
| Shares Owned By Institutions | 69.03 % | 39.21 % |
| Number Of Shares Shorted | 396.33 K | 4.71 M |
| Price To Earning | 10.95 X | 28.72 X |
| Price To Book | 1.19 X | 9.51 X |
| Price To Sales | 6.05 X | 11.42 X |
| Revenue | 340.68 M | 9.43 B |
| Gross Profit | 98.25 M | 27.38 B |
| EBITDA | 61.33 M | 3.9 B |
| Net Income | (28.06 M) | 570.98 M |
| Cash And Equivalents | 130.07 M | 2.7 B |
| Cash Per Share | 7.57 X | 5.01 X |
| Total Debt | 1.18 B | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Book Value Per Share | 25.93 X | 1.93 K |
| Cash Flow From Operations | 39.14 M | 971.22 M |
| Short Ratio | 2.50 X | 4.00 X |
| Earnings Per Share | (1.63) X | 3.12 X |
| Price To Earnings To Growth | 4.01 X | 4.89 X |
| Target Price | 35.67 | |
| Number Of Employees | 618 | 18.84 K |
| Beta | 0.82 | -0.15 |
| Market Capitalization | 594.67 M | 19.03 B |
| Total Asset | 6.93 B | 29.47 B |
| Retained Earnings | 434.01 M | 9.33 B |
| Annual Yield | 0.07 % | |
| Five Year Return | 4.03 % |
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.Did You Try This Idea?
Run Aluminum Thematic Idea Now
Aluminum
Companies involved in production of aluminum. The Aluminum theme has 46 constituents at this time.
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.
| View All Next | Launch |
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 | 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.