The shares of Washington Federal, Inc. (NASDAQ:WAFD) currently has mean rating of 3.14 while 0 analysts have recommended the shares as “BUY”, 0 recommended as “OUTPERFORM” and 6 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.
The company’s mean estimate for sales for the current quarter ending Jun 16 is 107.18M by 3 analysts. The means estimate of sales for the year ending September-16 is 428.73M by 3 analysts.
The mean price target for the shares of Washington Federal, Inc. (WAFD) is at 23.83 while the highest price target suggested by the analysts is 26.00 and low price target is 20.00. The mean price target is calculated keeping in view the consensus of 6 brokerage firms.
The average estimate of EPS for the current fiscal quarter for Washington Federal, Inc. (WAFD) stands at 0.43 while the EPS for the current year is fixed at 1.70 by 6 analysts.
The next one year’s EPS estimate is set at 1.77 by 1.65 analysts while a year ago the analysts suggested the company’s EPS at 1.70. The analysts also projected the company’s long-term growth at 10.00% for the upcoming five years.
In its latest quarter ended on 31st March 2016, Washington Federal, Inc. (WAFD) reported earnings of $0.45. The posted earnings topped the analyst’s consensus by $0.04 with the surprise factor of 9.80%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
On April 14, 2016 Washington Federal, Inc. (WAFD) parent company of Washington Federal, National Association, announced quarterly earnings of $41,723,000 or $0.45 per diluted share, compared to $40,361,000 or $0.42 per diluted share for the quarter ended March 31, 2015, a $0.03 or 7.14% increase in earnings per diluted share. Return on equity for the quarter ended March 31, 2016 was 8.51% compared to 8.29% for the quarter ended March 31, 2015. Return on assets for the quarter ended March 31, 2016 was 1.14% compared to 1.11% for the same quarter in the prior year.