Washington Trust Bancorp Stock Analysis

WASH Stock  USD 31.45  0.22  0.70%   
Washington Trust Bancorp is undervalued with Real Value of 34.44 and Target Price of 36.5. The main objective of Washington Trust stock analysis is to determine its intrinsic value, which is an estimate of what Washington Trust Bancorp is worth, separate from its market price. There are two main types of Washington Trust's stock analysis: fundamental analysis and technical analysis.
The Washington Trust stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Washington Trust's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in 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 Stock Analysis Notes

About 69.0% of the company outstanding shares are owned by institutional investors. The company has Price to Book (P/B) ratio of 1.2. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Washington Trust Bancorp recorded a loss per share of 1.63. The entity last dividend was issued on the 2nd of January 2025. The firm had 3:2 split on the 4th of August 1998. Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various banking and financial services to individuals and businesses. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island. Washington operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 623 people. For more information please call Edward III at 401 348 1200 or visit https://www.washtrust.com.

Washington Trust Quarterly Total Revenue

48.53 Million

Washington Trust Bancorp Investment Alerts

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
About 69.0% of the company outstanding shares are owned by institutional investors
On 15th of January 2025 Washington Trust paid $ 0.56 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Acquisition by Mary Noons of 4220 shares of Washington Trust subject to Rule 16b-3

Washington Trust Bancorp Upcoming and Recent Events

Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Washington Trust previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of April 2024
Upcoming Quarterly Report
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22nd of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
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Washington Largest EPS Surprises

Earnings surprises can significantly impact Washington Trust's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2009-07-21
2009-06-300.20.230.0315 
2011-01-26
2010-12-310.40.440.0410 
2009-10-20
2009-09-300.270.310.0414 
View All Earnings Estimates

Washington Trust Environmental, Social, and Governance (ESG) Scores

Washington Trust's ESG score is a quantitative measure that evaluates Washington Trust's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Washington Trust's operations that may have significant financial implications and affect Washington Trust's stock price as well as guide investors towards more socially responsible investments.

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 Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 606.23 M.

Washington Profitablity

The company has Profit Margin (PM) of (0.29) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 1.71 %, which suggests for every 100 dollars of sales, it generated a net operating income of $1.71.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.01  0.01 
Return On Assets 0.01  0.01 
Return On Equity 0.09  0.10 

Management Efficiency

As of now, Washington Trust's Return On Tangible Assets are decreasing as compared to previous years. The Washington Trust's current Return On Assets is estimated to increase to 0.01, while Return On Capital Employed is projected to decrease to 0.01. As of now, Washington Trust's Other Assets are increasing as compared to previous years. The Washington Trust's current Intangible Assets is estimated to increase to about 6.7 M, while Total Current Assets are projected to decrease to under 98.5 M. Washington Trust's management efficiency ratios could be used to measure how well Washington Trust manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 24.98  29.05 
Tangible Book Value Per Share 21.40  27.11 
Enterprise Value Over EBITDA 25.09  14.01 
Price Book Value Ratio 1.05  1.46 
Enterprise Value Multiple 25.09  14.01 
Price Fair Value 1.05  1.46 
Enterprise Value927.2 M973.6 M
Leadership at Washington Trust emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Dividend Yield
0.0712
Operating Margin
1.7142
Profit Margin
(0.29)
Forward Dividend Yield
0.0712
Beta
0.831

Technical Drivers

As of the 26th of February, Washington Trust maintains the Mean Deviation of 1.37, market risk adjusted performance of (0.20), and Standard Deviation of 1.96. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Washington Trust Bancorp, as well as the relationship between them.

Washington Trust Bancorp Price Movement Analysis

Execute Study
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Washington Trust middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Washington Trust Bancorp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Washington Trust Bancorp Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Washington Trust insiders, such as employees or executives, is commonly permitted as long as it does not rely on Washington Trust's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Washington Trust insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Washington Trust Outstanding Bonds

Washington Trust issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Washington Trust Bancorp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Washington bonds can be classified according to their maturity, which is the date when Washington Trust Bancorp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Washington Trust Predictive Daily Indicators

Washington Trust intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Washington Trust stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Washington Trust Corporate Filings

10K
25th of February 2025
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
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12th of February 2025
Other Reports
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5th of February 2025
Other Reports
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8K
29th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
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F4
27th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
20th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
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8K
16th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
13th of December 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Washington Trust Forecast Models

Washington Trust's time-series forecasting models are one of many Washington Trust's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Washington Trust's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Washington Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Washington Trust prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Washington shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Washington Trust. By using and applying Washington Stock analysis, traders can create a robust methodology for identifying Washington entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.27  0.26 
Operating Profit Margin 0.44  0.42 
Net Profit Margin 0.23  0.18 
Gross Profit Margin 1.72  1.04 

Current Washington Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Washington analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Washington analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
36.5Hold3Odds
Washington Trust Bancorp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Washington analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Washington stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Washington Trust Bancorp, talking to its executives and customers, or listening to Washington conference calls.
Washington Analyst Advice Details

Washington Stock Analysis Indicators

Washington Trust Bancorp stock analysis indicators help investors evaluate how Washington Trust stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Washington Trust shares will generate the highest return on investment. By understating and applying Washington Trust stock analysis, traders can identify Washington Trust position entry and exit signals to maximize returns.
Begin Period Cash Flow118.4 M
Long Term Debt1.2 B
Common Stock Shares Outstanding17.1 M
Total Stockholder Equity472.7 M
Tax Provision8.3 M
Quarterly Earnings Growth Y O Y-0.015
Property Plant And Equipment Net61.7 M
Cash And Short Term Investments90.2 M
Cash86.8 M
Net Debt1.2 B
50 Day M A32.41
Total Current Liabilities4.6 B
Other Operating Expenses117.4 M
Non Current Assets Total7.1 B
Forward Price Earnings11.3636
Non Currrent Assets Other6.8 B
Stock Based Compensation2.1 M

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When running Washington Trust's price analysis, check to measure Washington Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Washington Trust is operating at the current time. Most of Washington Trust's value examination focuses on studying past and present price action to predict the probability of Washington Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Trust's price. Additionally, you may evaluate how the addition of Washington Trust to your portfolios can decrease your overall portfolio volatility.
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