TFS Financial Co. (TFSL) Receives Average Rating of “Hold” from Analysts
TFS Financial Co. (NASDAQ:TFSL) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Brokers have set a 1 year consensus target price of $18.50 for the company and are predicting that the company will post $0.08 earnings per share for the current quarter, according to Zacks. Zacks has also assigned TFS Financial an industry rank of 15 out of 265 based on the ratings given to related companies.
Several analysts recently weighed in on TFSL shares. TheStreet raised TFS Financial from a “c+” rating to a “b-” rating in a report on Monday, October 30th. BidaskClub lowered TFS Financial from a “hold” rating to a “sell” rating in a report on Saturday, December 16th. Finally, ValuEngine lowered TFS Financial from a “hold” rating to a “sell” rating in a report on Sunday, December 31st.
Shares of TFS Financial (TFSL) traded up $0.11 during midday trading on Thursday, hitting $15.07. The stock had a trading volume of 115,854 shares, compared to its average volume of 189,249. TFS Financial has a twelve month low of $14.58 and a twelve month high of $19.24. The stock has a market capitalization of $4,235.47, a price-to-earnings ratio of 48.61 and a beta of 0.52. The company has a debt-to-equity ratio of 2.17, a quick ratio of 1.55 and a current ratio of 1.55.
TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings data on Monday, October 30th. The bank reported $0.08 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.08. The firm had revenue of $70.11 million during the quarter, compared to analyst estimates of $70.71 million. TFS Financial had a return on equity of 5.30% and a net margin of 20.73%. TFS Financial’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.08 earnings per share. research analysts expect that TFS Financial will post 0.32 EPS for the current fiscal year.
In related news, Director Anthony J. Asher sold 4,165 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $15.33, for a total value of $63,849.45. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.39% of the stock is owned by insiders.
Institutional investors have recently made changes to their positions in the stock. The Manufacturers Life Insurance Company increased its holdings in TFS Financial by 7.1% in the second quarter. The Manufacturers Life Insurance Company now owns 8,641 shares of the bank’s stock valued at $134,000 after buying an additional 574 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of TFS Financial by 11.4% during the second quarter. Pacer Advisors Inc. now owns 10,555 shares of the bank’s stock valued at $163,000 after purchasing an additional 1,082 shares during the last quarter. Susquehanna International Group LLP bought a new position in shares of TFS Financial during the third quarter valued at approximately $172,000. Dynamic Technology Lab Private Ltd bought a new position in shares of TFS Financial during the third quarter valued at approximately $281,000. Finally, Nomura Holdings Inc. bought a new position in shares of TFS Financial during the second quarter valued at approximately $309,000. 10.97% of the stock is owned by hedge funds and other institutional investors.
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TFS Financial Company Profile
TFS Financial Corporation is the holding company of Third Federal Savings and Loan Association of Cleveland (Association). The Association is a savings and loan association. The Association’s principal business consists of originating and servicing residential real estate mortgage loans and attracting retail savings deposits.
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