Alert: Positive Investment/Fundamental Signals (12/15/23)-TFS Financial Corp (NASDAQ: TFSL)

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TFS Financial Corp (NASDAQ: TFSL) has benefited from extremely meaningful positive changes in investment behavior: positive upside/downside volume developed, its longer term price trend turned up, and the stock rose on very heavy volume.

TFS Financial Corp (NASDAQ: TFSL) has recently enjoyed minimal positive changes in fundamentals: the stock’s power rating rose above 70.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, TFSL is expected to continue to be a modest Value Builder.

TFS Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. TFS Financial has a slightly negative Appreciation Score of 33 but a good Power Rating of 71, producing the Neutral Value Trend Rating.

Recent Price Action

On 12/15/23, TFS Financial Corp (NASDAQ: TFSL) stock rose slightly by 0.2%, closing at $14.90. Moreover, exceptionally high trading volume at 371% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 11.3% during the last week.

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