Western Alliance Bancorporation Stock Buy Hold or Sell Recommendation
| WAL Stock | USD 91.28 2.11 2.37% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Western Alliance Bancorporation is 'Hold'. The recommendation algorithm takes into account all of Western Alliance's available fundamental, technical, and predictive indicators you will find on this site.
Check out Western Alliance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Western and provide practical buy, sell, or hold advice based on investors' constraints. Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Western |
Execute Western Alliance Buy or Sell Advice
The Western recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Western Alliance Bancorporation. Macroaxis does not own or have any residual interests in Western Alliance Bancorporation or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Western Alliance's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Western Alliance Trading Alerts and Improvement Suggestions
| Western Alliance Bancorporation has about 1.61 B in cash with (328.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.91. | |
| Western Alliance Ban has a frail financial position based on the latest SEC disclosures | |
| Over 91.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from insidermonkey.com: Is Western Alliance Bancorp Poised For Future Growth |
Western Alliance Returns Distribution Density
The distribution of Western Alliance's historical returns is an attempt to chart the uncertainty of Western Alliance's future price movements. The chart of the probability distribution of Western Alliance daily returns describes the distribution of returns around its average expected value. We use Western Alliance Bancorporation price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Western Alliance returns is essential to provide solid investment advice for Western Alliance.
| Mean Return | 0.26 | Value At Risk | -3.17 | Potential Upside | 4.19 | Standard Deviation | 2.91 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Western Alliance historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Western Stock Institutional Investors
| Shares | Thrivent Financial For Lutherans | 2024-09-30 | 2.3 M | Hhg Plc | 2024-06-30 | 1.8 M | Geode Capital Management, Llc | 2024-06-30 | 1.8 M | Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 1.6 M | Smead Capital Management Inc | 2024-09-30 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 1.3 M | Hood River Capital Management Llc | 2024-09-30 | 1.2 M | Barrow Hanley Mewhinney & Strauss Llc | 2024-09-30 | 1.2 M | Norges Bank | 2024-06-30 | 1.1 M | Vanguard Group Inc | 2024-09-30 | 10.7 M | Blackrock Inc | 2024-06-30 | 5.4 M |
Western Alliance Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (64.0M) | 2.2B | (2.2B) | 527M | 532.7M | 559.3M | |
| Free Cash Flow | 682.6M | 643.4M | (2.7B) | 2.1B | (442.9M) | (420.8M) | |
| Depreciation | 28.9M | 34.6M | 50M | 74.6M | 86.5M | 90.8M | |
| Other Non Cash Items | 15.7M | 86.6M | (3.6B) | 1.1B | (1.3B) | (1.2B) | |
| Capital Expenditures | 35.1M | 26.8M | 69.4M | 141M | 114.3M | 120.0M | |
| Net Income | 499.2M | 506.6M | 899.2M | 1.1B | 722.4M | 758.5M | |
| End Period Cash Flow | 434.6M | 2.7B | 516.4M | 1.0B | 1.6B | 1.7B | |
| Investments | (3.5B) | (7.3B) | (14.6B) | (13.0B) | 211.9M | 222.5M | |
| Net Borrowings | (496.7M) | 151.2M | (1.2B) | 5.4B | 6.2B | 6.5B | |
| Change To Netincome | 35.3M | 118.7M | 98.5M | 39.3M | 45.2M | 55.2M |
Western Alliance Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Western Alliance or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Western Alliance's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Western stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 2.61 | |
σ | Overall volatility | 2.87 | |
Ir | Information ratio | 0.06 |
Western Alliance Volatility Alert
Western Alliance Bancorporation currently demonstrates below-average downside deviation. It has Information Ratio of 0.06 and Jensen Alpha of 0.03. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Western Alliance's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Western Alliance's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Western Alliance Fundamentals Vs Peers
Comparing Western Alliance's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Western Alliance's direct or indirect competition across all of the common fundamentals between Western Alliance and the related equities. This way, we can detect undervalued stocks with similar characteristics as Western Alliance or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Western Alliance's fundamental indicators could also be used in its relative valuation, which is a method of valuing Western Alliance by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Western Alliance to competition |
| Fundamentals | Western Alliance | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0095 | -0.14 |
| Profit Margin | 0.25 % | (1.27) % |
| Operating Margin | 0.36 % | (5.51) % |
| Current Valuation | 11.22 B | 16.62 B |
| Shares Outstanding | 110.07 M | 571.82 M |
| Shares Owned By Insiders | 2.75 % | 10.09 % |
| Shares Owned By Institutions | 90.81 % | 39.21 % |
| Number Of Shares Shorted | 6.4 M | 4.71 M |
| Price To Earning | 11.32 X | 28.72 X |
| Price To Book | 1.54 X | 9.51 X |
| Price To Sales | 3.37 X | 11.42 X |
| Revenue | 2.56 B | 9.43 B |
| Gross Profit | 2.47 B | 27.38 B |
| EBITDA | 1.02 B | 3.9 B |
| Net Income | 722.4 M | 570.98 M |
| Cash And Equivalents | 1.61 B | 2.7 B |
| Cash Per Share | 14.91 X | 5.01 X |
| Total Debt | 8.3 B | 5.32 B |
| Debt To Equity | 0.23 % | 48.70 % |
| Book Value Per Share | 58.51 X | 1.93 K |
| Cash Flow From Operations | (328.6 M) | 971.22 M |
| Short Ratio | 4.65 X | 4.00 X |
| Earnings Per Share | 6.47 X | 3.12 X |
| Price To Earnings To Growth | 1.84 X | 4.89 X |
| Target Price | 100.14 | |
| Number Of Employees | 3.43 K | 18.84 K |
| Beta | 1.44 | -0.15 |
| Market Capitalization | 9.81 B | 19.03 B |
| Total Asset | 70.86 B | 29.47 B |
| Retained Earnings | 4.21 B | 9.33 B |
| Annual Yield | 0.02 % | |
| Net Asset | 70.86 B |
Note: Disposition of 5 shares by Kenneth Vecchione of Western Alliance subject to Rule 16b-3 [view details]
Western Alliance Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Western . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Western Alliance Buy or Sell Advice
When is the right time to buy or sell Western Alliance Bancorporation? Buying financial instruments such as Western Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Western Alliance Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Alliance. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.09) | Dividend Share 1.48 | Earnings Share 6.47 | Revenue Per Share 26.821 | Quarterly Revenue Growth 0.121 |
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.