TFS Financial Co. (NASDAQ:TFSL) has been assigned an average broker rating score of 2.00 (Buy) from the two brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating and one has assigned a strong buy rating to the company.
Brokerages have set a one year consensus price objective of $17.00 for the company and are anticipating that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also given TFS Financial an industry rank of 98 out of 255 based on the ratings given to its competitors.
A number of analysts recently issued reports on the company. BidaskClub raised TFS Financial from a “buy” rating to a “strong-buy” rating in a research report on Thursday, November 22nd. ValuEngine raised TFS Financial from a “hold” rating to a “buy” rating in a research note on Friday, November 16th. Finally, Zacks Investment Research downgraded TFS Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, February 5th.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Enterprise Financial Services Corp increased its stake in TFS Financial by 1,044.2% in the 4th quarter. Enterprise Financial Services Corp now owns 2,071 shares of the bank’s stock valued at $33,000 after purchasing an additional 1,890 shares in the last quarter. ETF Managers Group LLC boosted its holdings in shares of TFS Financial by 17.6% during the fourth quarter. ETF Managers Group LLC now owns 9,017 shares of the bank’s stock worth $145,000 after purchasing an additional 1,351 shares during the last quarter. Stifel Financial Corp acquired a new stake in shares of TFS Financial during the fourth quarter worth $164,000. Great West Life Assurance Co. Can boosted its holdings in shares of TFS Financial by 540.3% during the fourth quarter. Great West Life Assurance Co. Can now owns 10,194 shares of the bank’s stock worth $157,000 after purchasing an additional 8,602 shares during the last quarter. Finally, Jefferies Group LLC acquired a new stake in shares of TFS Financial during the third quarter worth $153,000. 11.02% of the stock is owned by hedge funds and other institutional investors.
Shares of TFSL stock traded down $0.07 on Friday, hitting $17.20. The stock had a trading volume of 10,120 shares, compared to its average volume of 158,564. The company has a current ratio of 1.53, a quick ratio of 1.53 and a debt-to-equity ratio of 2.14. The company has a market capitalization of $4.77 billion, a PE ratio of 53.75 and a beta of 0.22. TFS Financial has a 1 year low of $14.19 and a 1 year high of $17.28.
TFS Financial (NASDAQ:TFSL) last posted its quarterly earnings data on Wednesday, January 30th. The bank reported $0.07 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.01). TFS Financial had a net margin of 18.11% and a return on equity of 4.94%. The firm had revenue of $72.49 million during the quarter, compared to analysts’ expectations of $74.70 million. Research analysts predict that TFS Financial will post 0.32 EPS for the current fiscal year.
About TFS Financial
TFS Financial Corporation, through its subsidiaries, provides retail consumer banking services in the United States. The company's deposit products include savings, money market, checking, certificate of deposit, individual retirement, and other qualified plan accounts. It also provides residential real estate mortgage loans, residential construction loans, and home equity loans and lines of credit, as well as purchase mortgages and first mortgage refinance loans.
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