Somewhat Positive Media Coverage Somewhat Likely to Impact WSFS Financial Corporation (WSFS) Share Price

News headlines about WSFS Financial Corporation (NASDAQ:WSFS) have trended somewhat positive this week, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. WSFS Financial Corporation earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the bank an impact score of 60 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the stock’s share price in the immediate future.

WSFS has been the topic of a number of research reports. Zacks Investment Research upgraded shares of WSFS Financial Corporation from a “hold” rating to a “buy” rating and set a $53.00 target price on the stock in a report on Wednesday, May 3rd. Keefe, Bruyette & Woods restated a “buy” rating and set a $50.00 price target on shares of WSFS Financial Corporation in a report on Wednesday, April 5th. Finally, BidaskClub upgraded shares of WSFS Financial Corporation from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. WSFS Financial Corporation presently has an average rating of “Hold” and an average price target of $52.67.

Shares of WSFS Financial Corporation (NASDAQ:WSFS) opened at 45.85 on Tuesday. The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 21.51 and a beta of 1.19. The stock’s 50 day moving average is $44.93 and its 200-day moving average 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 announced its earnings results on Thursday, April 27th. The bank reported $0.59 EPS for the quarter, hitting the consensus estimate of $0.59. The firm had revenue of $81.20 million for 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 period last year, the company posted $0.53 EPS. On average, analysts anticipate that WSFS Financial Corporation will post $2.59 EPS for the current fiscal year.

In other news, EVP Paul S. Greenplate sold 7,056 shares of WSFS Financial Corporation stock in a transaction that occurred on Friday, June 9th. The shares were sold at an average price of $46.28, for a total value of $326,551.68. Following the sale, the executive vice president now directly owns 10,535 shares in the company, valued at $487,559.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP S James Mazarakis sold 2,202 shares of WSFS Financial Corporation stock in a transaction that occurred on Tuesday, May 23rd. The shares were sold at an average price of $44.50, for a total transaction of $97,989.00. Following the completion of the sale, the executive vice president now owns 43,828 shares in the company, valued at $1,950,346. The disclosure for this sale can be found here. Insiders sold 14,519 shares of company stock worth $662,239 over the last quarter. 4.89% of the stock is owned by corporate insiders.

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About WSFS Financial Corporation

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)

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