Media headlines about WSFS Financial (NASDAQ:WSFS) have trended somewhat positive this week, Accern reports. The research group identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. WSFS Financial earned a news impact score of 0.21 on Accern’s scale. Accern also gave news stories about the bank an impact score of 46.1036155797431 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Shares of WSFS Financial (NASDAQ WSFS) opened at $50.50 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 1.26. The firm has a market cap of $1,585.19, a P/E ratio of 20.78, a P/E/G ratio of 1.61 and a beta of 1.23. WSFS Financial has a fifty-two week low of $42.45 and a fifty-two week high of $52.50.
WSFS Financial (NASDAQ:WSFS) last issued its quarterly earnings results on Monday, October 23rd. The bank reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). WSFS Financial had a net margin of 21.27% and a return on equity of 10.93%. The company had revenue of $87.80 million during the quarter, compared to analyst estimates of $56.86 million. During the same period in the prior year, the business earned $0.41 EPS. The business’s revenue for the quarter was up 16.2% on a year-over-year basis. research analysts expect that WSFS Financial will post 2.51 EPS for the current year.
WSFS has been the subject of several recent analyst reports. BidaskClub lowered shares of WSFS Financial from a “buy” rating to a “hold” rating in a report on Saturday, December 9th. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $50.00 price target on shares of WSFS Financial in a report on Tuesday, October 24th. Boenning Scattergood reissued a “buy” rating on shares of WSFS Financial in a report on Wednesday, October 25th. Zacks Investment Research raised shares of WSFS Financial from a “hold” rating to a “strong-buy” rating and set a $56.00 price target for the company in a report on Wednesday, December 27th. Finally, ValuEngine lowered shares of WSFS Financial from a “buy” rating to a “hold” rating in a report on Saturday, November 25th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $52.50.
In other WSFS Financial news, EVP S James Mazarakis sold 1,868 shares of the firm’s stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $51.49, for a total value of $96,183.32. Following the transaction, the executive vice president now directly owns 42,995 shares of the company’s stock, valued at $2,213,812.55. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Patrick Joseph Ward sold 2,070 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $48.52, for a total transaction of $100,436.40. Following the completion of the transaction, the executive vice president now directly owns 90,589 shares in the company, valued at $4,395,378.28. The disclosure for this sale can be found here. 4.89% of the stock is currently owned by company insiders.
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About WSFS Financial
WSFS Financial Corporation is a savings and loan holding company. The Company’s subsidiary is Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), which is the bank and trust company. It operates in three segments: WSFS Bank, Cash Connect and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers.
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