Alert: Positive Investment/Fundamental Signals (1/10/24)-Washington Federal Inc. (NASDAQ: WAFD)

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Recent significant positive changes in fundamentals have benefitted Washington Federal Inc. (NASDAQ: WAFD): the consensus estimate for September, 2025 increased significantly, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.

Recent notable positive changes in investment behavior have benefitted Washington Federal Inc. (NASDAQ: WAFD): the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

WAFD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.

Washington Federal has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Washington Federal has a slightly positive Power Rating of 63 and a very high Appreciation Score of 89, producing the Highest Value Trend Rating.

Recent Price Action

On 1/10/24, Washington Federal Inc. (NASDAQ: WAFD) stock rose slightly by 0.2%, closing at $31.19. Trading volume in this advance was normal. The stock has declined -5.4% during the last week but has been strong relative to the market over the last nine months.

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