Washington Trust Bancorp, Inc. (WASH)
NASDAQ: WASH · IEX Real-Time Price · USD
26.14
+0.15 (0.58%)
Apr 26, 2024, 4:00 PM EDT - Market closed
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 -0.54% from the current stock price of 26.14.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 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 | +30.07% | Sep 12, 2023 |
| Piper Sandler | Piper Sandler | Hold → Sell Downgrades $26 | Hold → Sell | Downgrades | $26 | -0.54% | Jul 25, 2023 |
| Piper Sandler | Piper Sandler | Sell → Hold Upgrades $27 → $26 | Sell → Hold | Upgrades | $27 → $26 | -0.54% | May 15, 2023 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $40 → $33 | Hold | Maintains | $40 → $33 | +26.24% | Apr 25, 2023 |
Financial Forecast
Revenue This Year
131.52M
from 190.04M
Decreased by -30.79%
Revenue Next Year
147.17M
from 131.52M
Increased by 11.90%
EPS This Year
2.10
from 2.82
Decreased by -25.58%
EPS Next Year
2.63
from 2.10
Increased by 25.39%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 137.8M | 154.2M |
| Avg | 131.5M | 147.2M |
| Low | 123.6M | 138.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -27.5% | 17.3% |
| Avg | -30.8% | 11.9% |
| Low | -34.9% | 5.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 2.52 | 2.89 |
| Avg | 2.10 | 2.63 |
| Low | 1.70 | 2.28 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | -10.6% | 37.6% |
| Avg | -25.6% | 25.4% |
| Low | -39.9% | 8.8% |
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.