Washington Trust Bancorp, Inc. (WASH) Stock Analysis
Breakout setup · Catalyst-Driven edge
Financial Services · Banks - Regional
Sell if holding. Analyst target reached at $35.56 — A.R:R is negative (-1.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (4.1% away).
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Banking and Wealth Management Services. The... Read more
Sell if holding. Analyst target reached at $35.56 — A.R:R is negative (-1.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (4.1% away). Chart setup: Golden cross, above all MAs, RSI 58, MACD bullish. Score 5.0/10, moderate confidence.
Passes 7/8 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 16d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Upcoming dated catalysts
Thesis
Key Metrics
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Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
2 floor-breakers
Revenue shrinking — -7.0% YoY. Growth thesis broken unless recovery story develops.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Analyst target reached at $35.56 — A.R:R is negative (-1.6) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Near 52-week high (4.1% away). Chart setup: Golden cross, above all MAs, RSI 58, MACD bullish. Prior stop was $33.80. Score 5.0/10, moderate confidence.
Take-profit target: $36.26 (+2.0% upside). Prior stop was $33.80. Stop-loss: $33.80.
Analyst target reached - limited upside remaining; Near 52-week high (4.1% away); Weak growth.
Washington Trust Bancorp, Inc. trades at a P/E of 13.0 (forward 10.4). TrendMatrix value score: 6.6/10. Verdict: Sell.
10 analysts cover WASH with a consensus score of 3.8/5. Average price target: $34.
What does Washington Trust Bancorp, Inc. do?Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that...
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Banking and Wealth Management Services. The Banking segment offers deposit accounts, including noninterest-bearing demand deposits, interest-bearing demand deposits, now accounts, money market accounts, savings accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.