Washington Federal (NASDAQ:WAFD) released its quarterly earnings results on Monday. The bank reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.02, Fidelity Earnings reports. Washington Federal had a net margin of 30.16% and a return on equity of 10.31%. The firm had revenue of $132.88 million during the quarter, compared to analysts’ expectations of $133.44 million. During the same period in the previous year, the company earned $0.57 EPS.
WAFD stock opened at $32.27 on Wednesday. Washington Federal has a 12 month low of $24.67 and a 12 month high of $35.25. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market cap of $2.48 billion, a P/E ratio of 13.45, a PEG ratio of 1.74 and a beta of 1.11.
A number of equities analysts recently commented on the stock. ValuEngine raised shares of Washington Federal from a “sell” rating to a “hold” rating in a research note on Tuesday. BidaskClub cut shares of Washington Federal from a “buy” rating to a “hold” rating in a research note on Thursday, March 14th. Zacks Investment Research raised shares of Washington Federal from a “sell” rating to a “hold” rating in a research note on Monday, March 4th. Finally, TheStreet raised shares of Washington Federal from a “c+” rating to a “b-” rating in a research note on Thursday, January 24th. Four analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and an average target price of $36.00.
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About Washington Federal
Washington Federal, Inc operates as the bank holding company for Washington Federal, National Association that provides lending, depository, insurance, and other banking services in the United States. The company accepts deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.
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