In last trading session, WSFS Financial Corporation (NASDAQ:WSFS) saw 0.32 million shares changing hands with its beta currently measuring 1.12. Company’s recent per share price level of $56.06 trading at $1.17 or 2.13% at ring of the bell on the day assigns it a market valuation of $3.68B. That closing price of WSFS’s stock is at a discount of -0.04% from its 52-week high price of $56.08 and is indicating a premium of 27.51% from its 52-week low price of $40.64. Taking a look at company’s average trading volume of 414.71K if we extend that period to 3-months.
For WSFS Financial Corporation (WSFS), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.63 in the current quarter.
WSFS Financial Corporation (NASDAQ:WSFS) trade information
Upright in the green during last session for gaining 2.13%, in the last five days WSFS remained trading in the green while hitting it’s week-highest on Friday, 01/14/22 when the stock touched $56.06 price level, adding 0.12% to its value on the day. WSFS Financial Corporation’s shares saw a change of 11.85% in year-to-date performance and have moved 1.45% in past 5-day. WSFS Financial Corporation (NASDAQ:WSFS) showed a performance of 17.60% in past 30-days.
Wall Street analysts have assigned a consensus price target of $57.25 to the stock, which implies a rise of 2.08% to its current value. Analysts have been projecting $54.00 as a low price target for the stock while placing it at a high target of $60.00. It follows that stock’s current price would drop -7.03% in reaching the projected high whereas dropping to the targeted low would mean a gain of 3.67% for stock’s current value.
WSFS Financial Corporation (WSFS) estimates and forecasts
Statistics highlight that WSFS Financial Corporation is scoring comparatively higher than the scores of other players of the relevant industry. The company added 30.34% of value to its shares in past 6 months, showing an annual growth rate of 177.49% while that of industry is 23.30. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -45.70% in the current quarter and calculating -38.10% decrease in the next quarter. This year revenue growth is estimated to fall -4.80% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $118.2 million for the same. And 4 analysts are in estimates of company making revenue of $138.21 million in the next quarter that will end on Mar 2022. Company posted $123 million and $124.79 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -3.90% while estimating it to be 10.80% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 3.90% during past 5 years. In 2022, company’s earnings growth rate is likely to be around -25.50% while estimates for its earnings growth in next 5 years are of 12.00%.
WSFS Financial Corporation is more likely to be releasing its next quarterly report between January 24 and January 28 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
WSFS Financial Corporation (NASDAQ:WSFS)’s Major holders
Insiders are in possession of 0.73% of company’s total shares while institution are holding 67.91 percent of that, with stock having share float percentage of 68.41%. Investors also watch the number of corporate investors in a company very closely, which is 67.91% institutions for WSFS Financial Corporation that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at WSFS for having 6.99 million shares of worth $358.72 million. And as of Sep 29, 2021, it was holding 14.70% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 5.09 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 10.69% of outstanding shares, having a total worth of $260.97 million.
On the other hand, iShares Core S&P Smallcap ETF and Price (T.Rowe) Small-Cap Value Fund are the top two Mutual Funds which own company’s shares. As of Oct 30, 2021, the former fund manager was holding 3.19 million shares of worth $165.29 million or 6.71% of the total outstanding shares. The later fund manager was in possession of 2.03 million shares on Sep 29, 2021, making its stake of worth around $104.24 million in the company or a holder of 4.27% of company’s stock.