Positive Media Coverage Somewhat Likely to Affect WSFS Financial Corporation (WSFS) Stock Price

News stories about WSFS Financial Corporation (NASDAQ:WSFS) have been trending positive on Monday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. WSFS Financial Corporation earned a news impact score of 0.47 on Accern’s scale. Accern also assigned headlines about the bank an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the stock’s share price in the near future.

Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:

Shares of WSFS Financial Corporation (NASDAQ:WSFS) opened at 46.50 on Monday. The company has a market cap of $1.46 billion, a PE ratio of 21.81 and a beta of 1.19. The firm’s 50-day moving average price is $44.93 and its 200 day moving average price is $45.62. WSFS Financial Corporation has a 12 month low of $31.90 and a 12 month high of $50.55.

WSFS Financial Corporation (NASDAQ:WSFS) last posted its quarterly earnings results on Thursday, April 27th. The bank reported $0.59 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.59. The business had revenue of $81.20 million during the quarter, compared to the consensus estimate of $80.53 million. WSFS Financial Corporation had a net margin of 20.09% and a return on equity of 10.14%. During the same quarter in the previous year, the firm posted $0.53 earnings per share. Equities research analysts anticipate that WSFS Financial Corporation will post $2.59 earnings per share for the current fiscal year.

Several research analysts recently issued reports on the company. BidaskClub cut WSFS Financial Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, June 22nd. Zacks Investment Research cut WSFS Financial Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, May 4th. Finally, Keefe, Bruyette & Woods cut WSFS Financial Corporation from an “outperform” rating to a “mkt perform” rating in a research note on Tuesday, May 2nd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $52.67.

COPYRIGHT VIOLATION NOTICE: This story was reported by WKRB News and is owned by of WKRB News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of international trademark & copyright legislation. The original version of this story can be viewed at https://www.wkrb13.com/markets/2284649/positive-media-coverage-somewhat-likely-to-affect-wsfs-financial-corporation-wsfs-stock-price.html.

In other WSFS Financial Corporation news, Director Francis B. Brake purchased 2,700 shares of the company’s stock in a transaction on Tuesday, May 2nd. The stock was acquired at an average price of $46.95 per share, for a total transaction of $126,765.00. Following the completion of the purchase, the director now directly owns 5,932 shares in the company, valued at approximately $278,507.40. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, EVP Paul S. Greenplate sold 7,056 shares of the business’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $46.28, for a total transaction of $326,551.68. Following the completion of the transaction, the executive vice president now owns 10,535 shares of the company’s stock, valued at approximately $487,559.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 14,519 shares of company stock valued at $662,239. Insiders own 4.89% of the company’s stock.

WSFS Financial Corporation Company Profile

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.

Insider Buying and Selling by Quarter for WSFS Financial Corporation (NASDAQ:WSFS)

This story was originally published by WKRB News (https://www.wkrb13.com) and is the sole property of WKRB News. If you are reading this article on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. You can view the original version of this story at https://www.wkrb13.com/markets/2284649/positive-media-coverage-somewhat-likely-to-affect-wsfs-financial-corporation-wsfs-stock-price.html

Receive News & Ratings for WSFS Financial Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WSFS Financial Corporation and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

© 2006-2017 WKRB News.