Alert: New Earnings Report (10/24/24)-WSFS Financial Corp (NASDAQ: WSFS).

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WSFS Financial Corp (NASDAQ: WSFS) has reported earnings for its third fiscal quarter (ending September 30) of $1.08 versus $1.22 for the same period a year ago — a decline of -11%. For the latest four quarters through September 30, E.P.S. were $4.38 versus $4.72 for the same period a year ago — a decline of -7%.

Recent Price Action

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WSFS Financial Corp (NASDAQ: WSFS) stock closed at $50.73 on 10/24/24 after a slight gain of 0.2%. This advance was accompanied by normal trading volume. The stock has declined -3.0% during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

WSFS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to be above the cost of capital.

WSFS Financial has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. WSFS Financial has a slightly positive Appreciation Score of 68 and a good Power Rating of 73, producing the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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