Analysts Set $22.50 Target Price for TFS Financial Co. (NASDAQ:TFSL)

Shares of TFS Financial Co. (NASDAQ:TFSL) have received an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Analysts have set a one year consensus price target of $22.50 for the company, according to Zacks. Zacks has also given TFS Financial an industry rank of 73 out of 255 based on the ratings given to related companies.

A number of brokerages have issued reports on TFSL. BidaskClub lowered shares of TFS Financial from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. ValuEngine upgraded shares of TFS Financial from a “sell” rating to a “hold” rating in a research report on Saturday, December 7th.

TFSL traded up $0.14 on Friday, reaching $19.87. The company had a trading volume of 110,337 shares, compared to its average volume of 164,888. TFS Financial has a fifty-two week low of $15.89 and a fifty-two week high of $20.45. The stock has a market cap of $5.53 billion, a P/E ratio of 70.96 and a beta of 0.18. The company’s fifty day moving average is $19.72 and its 200 day moving average is $18.71. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.53 and a current ratio of 1.53.

TFS Financial (NASDAQ:TFSL) last announced its quarterly earnings results on Wednesday, October 30th. The bank reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.02. TFS Financial had a net margin of 15.97% and a return on equity of 4.66%. The business had revenue of $70.13 million for the quarter. On average, sell-side analysts expect that TFS Financial will post 0.23 EPS for the current year.

In related news, CFO Paul J. Huml sold 3,436 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $19.68, for a total transaction of $67,620.48. Following the sale, the chief financial officer now owns 50,441 shares in the company, valued at approximately $992,678.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William C. Mulligan sold 10,000 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $20.30, for a total transaction of $203,000.00. Following the sale, the director now owns 64,400 shares in the company, valued at approximately $1,307,320. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,454 shares of company stock worth $291,042. Company insiders own 1.78% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Strategic Wealth Partners Ltd. boosted its position in shares of TFS Financial by 2,727.3% during the 3rd quarter. Strategic Wealth Partners Ltd. now owns 1,555 shares of the bank’s stock worth $27,000 after acquiring an additional 1,500 shares in the last quarter. McIlrath & Eck LLC acquired a new stake in shares of TFS Financial during the 3rd quarter worth approximately $58,000. JPMorgan Chase & Co. boosted its position in shares of TFS Financial by 26.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,149 shares of the bank’s stock worth $74,000 after acquiring an additional 879 shares in the last quarter. Nisa Investment Advisors LLC acquired a new stake in shares of TFS Financial during the 4th quarter worth approximately $81,000. Finally, US Bancorp DE boosted its position in shares of TFS Financial by 101.9% during the 2nd quarter. US Bancorp DE now owns 8,936 shares of the bank’s stock worth $162,000 after acquiring an additional 4,510 shares in the last quarter. Institutional investors and hedge funds own 11.34% of the company’s stock.

About TFS Financial

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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