Several other analysts have also commented on the company. Zacks Investment Research lowered TFS Financial from a hold rating to a sell rating in a report on Tuesday, August 13th. TheStreet raised TFS Financial from a c+ rating to a b- rating in a report on Monday, June 3rd. 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. The company presently has an average rating of Hold and an average price target of $18.00.
TFS Financial stock opened at $17.87 on Thursday. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 55.84 and a beta of 0.20. TFS Financial has a 52 week low of $14.19 and a 52 week high of $18.61. The business’s 50-day moving average price is $18.01 and its 200 day moving average price is $17.20. The company has a quick ratio of 1.50, a current ratio of 1.52 and a debt-to-equity ratio of 2.24.
TFS Financial (NASDAQ:TFSL) last posted its earnings results on Tuesday, July 30th. The bank reported $0.06 EPS for the quarter, missing the consensus estimate of $0.08 by ($0.02). The company had revenue of $70.60 million for the quarter, compared to analyst estimates of $72.80 million. TFS Financial had a return on equity of 4.62% and a net margin of 16.26%. Equities analysts expect that TFS Financial will post 0.28 EPS for the current year.
A number of institutional investors and hedge funds have recently modified their holdings of TFSL. Nuveen Asset Management LLC acquired a new stake in TFS Financial in the second quarter valued at approximately $6,878,000. Victory Capital Management Inc. grew its holdings in TFS Financial by 52.5% in the second quarter. Victory Capital Management Inc. now owns 917,629 shares of the bank’s stock valued at $16,582,000 after purchasing an additional 315,829 shares during the period. Martingale Asset Management L P acquired a new stake in TFS Financial in the first quarter valued at approximately $4,199,000. Wells Fargo & Company MN grew its holdings in TFS Financial by 121.2% in the second quarter. Wells Fargo & Company MN now owns 335,969 shares of the bank’s stock valued at $6,071,000 after purchasing an additional 184,062 shares during the period. Finally, Vanguard Group Inc. grew its holdings in TFS Financial by 2.7% in the second quarter. Vanguard Group Inc. now owns 5,651,089 shares of the bank’s stock valued at $102,116,000 after purchasing an additional 145,931 shares during the period. 11.69% of the stock is currently owned by institutional investors.
TFS Financial Company Profile
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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