Washington Trust Bancorp, Inc. (WASH)
NASDAQ: WASH · IEX Real-Time Price · USD
30.97
-0.05 (-0.16%)
At close: Jul 19, 2024, 4:00 PM
31.07
+0.10 (0.32%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
Washington Trust Bancorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for WASH stock has a target of 26, which predicts a decrease of -16.05% from the current stock price of 30.97.
Analyst Consensus: Sell
* Price targets were last updated on Jul 25, 2023.
Analyst Ratings
The average analyst rating for WASH stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Jan 31, 2024 |
| Seaport Global | Seaport Global | Strong Buy Initiates $34 | Strong Buy | Initiates | $34 | +9.78% | Sep 12, 2023 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $26 | Hold → Sell | Downgrades | $26 | -16.05% | Jul 25, 2023 |
| Piper Sandler | Piper Sandler | Sell → Hold Upgrades $27 → $26 | Sell → Hold | Upgrades | $27 → $26 | -16.05% | May 15, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $40 → $33 | Hold | Maintains | $40 → $33 | +6.55% | Apr 25, 2023 |
Financial Forecast
Revenue This Year
144.06M
from 190.04M
Decreased by -24.19%
Revenue Next Year
156.79M
from 144.06M
Increased by 8.84%
EPS This Year
2.19
from 2.82
Decreased by -22.41%
EPS Next Year
2.49
from 2.19
Increased by 13.59%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 197.4M | 214.9M |
| Avg | 144.1M | 156.8M |
| Low | 120.9M | 125.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 3.9% | 49.2% |
| Avg | -24.2% | 8.8% |
| Low | -36.4% | -12.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.38 | 2.70 |
| Avg | 2.19 | 2.49 |
| Low | 1.96 | 2.06 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -15.5% | 23.3% |
| Avg | -22.4% | 13.6% |
| Low | -30.5% | -5.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.