WSFS Financial (NASDAQ:WSFS) was downgraded by BidaskClub from a “hold” rating to a “sell” rating in a report released on Thursday.

WSFS has been the subject of a number of other reports. Boenning Scattergood reaffirmed a “buy” rating on shares of WSFS Financial in a research note on Wednesday, January 23rd. Zacks Investment Research cut shares of WSFS Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, January 1st. Three analysts have rated the stock with a sell rating and four have issued a buy rating to the company’s stock. WSFS Financial has a consensus rating of “Hold” and a consensus target price of $59.75.

WSFS stock opened at $42.77 on Thursday. WSFS Financial has a 12 month low of $33.75 and a 12 month high of $57.70. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.99 and a quick ratio of 0.98. The stock has a market cap of $1.34 billion, a P/E ratio of 12.05, a PEG ratio of 0.96 and a beta of 1.11.

WSFS Financial (NASDAQ:WSFS) last released its quarterly earnings results on Tuesday, January 22nd. The bank reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. WSFS Financial had a net margin of 29.58% and a return on equity of 14.83%. The firm had revenue of $102.86 million during the quarter, compared to analysts’ expectations of $98.34 million. As a group, research analysts expect that WSFS Financial will post 3.65 earnings per share for the current year.

A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its position in WSFS Financial by 8.9% in the 4th quarter. BlackRock Inc. now owns 2,341,196 shares of the bank’s stock valued at $88,757,000 after buying an additional 191,758 shares during the period. Standard Life Aberdeen plc boosted its position in WSFS Financial by 5.8% in the 3rd quarter. Standard Life Aberdeen plc now owns 1,490,811 shares of the bank’s stock valued at $70,292,000 after buying an additional 81,474 shares during the period. Vanguard Group Inc boosted its position in WSFS Financial by 1.0% in the 3rd quarter. Vanguard Group Inc now owns 1,477,481 shares of the bank’s stock valued at $69,664,000 after buying an additional 14,763 shares during the period. Vanguard Group Inc. boosted its position in WSFS Financial by 1.0% in the 3rd quarter. Vanguard Group Inc. now owns 1,477,481 shares of the bank’s stock valued at $69,664,000 after buying an additional 14,763 shares during the period. Finally, Macquarie Group Ltd. boosted its position in WSFS Financial by 9.9% in the 4th quarter. Macquarie Group Ltd. now owns 1,448,624 shares of the bank’s stock valued at $54,917,000 after buying an additional 130,328 shares during the period. 85.27% of the stock is owned by institutional investors.

WSFS Financial Company Profile

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. The company offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as jumbo certificates of deposit.

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