Press coverage about E*TRADE Financial (NASDAQ:ETFC) has trended positive on Thursday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. E*TRADE Financial earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news articles about the financial services provider an impact score of 46.3169993092027 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news articles that may have effected Accern’s analysis:
- Bitcoin futures finish at break-even level as crypto suffers early bumps in 2018 (marketwatch.com)
- Hot Tickers: E*TRADE Financial Corporation (ETFC), Louisiana-Pacific Corporation (LPX) – Market Movers (financialqz.com)
- Latest Tally Of Analyst Opinions: E*TRADE Financial Corporation (NASDAQ:ETFC) – Market Breaking Point (press release) (journalfinance.net)
- Attractive Entry Point, Tax Cuts Drive Morgan Stanley’s E*Trade Upgrade – Benzinga (benzinga.com)
- TD Ameritrade or E*TRADE: Which Stock is a Better Pick? – Nasdaq (nasdaq.com)
A number of research analysts recently commented on ETFC shares. SunTrust Banks reaffirmed a “buy” rating and issued a $53.00 target price on shares of E*TRADE Financial in a research report on Friday, December 15th. Zacks Investment Research raised shares of E*TRADE Financial from a “hold” rating to a “buy” rating and set a $50.00 target price on the stock in a research report on Tuesday, October 10th. Deutsche Bank increased their target price on shares of E*TRADE Financial from $48.00 to $49.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th. Bank of America raised shares of E*TRADE Financial from a “neutral” rating to a “buy” rating and increased their target price for the company from $44.00 to $49.00 in a research report on Monday, October 9th. Finally, Credit Suisse Group started coverage on shares of E*TRADE Financial in a research report on Thursday, November 30th. They issued an “outperform” rating and a $56.00 target price on the stock. Four equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $48.60.
Shares of E*TRADE Financial (NASDAQ:ETFC) traded up $0.68 during trading on Thursday, reaching $51.30. 2,819,667 shares of the company’s stock traded hands, compared to its average volume of 2,698,200. E*TRADE Financial has a 52 week low of $32.25 and a 52 week high of $52.19. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.27 and a quick ratio of 0.27. The stock has a market cap of $13,750.00, a P/E ratio of 24.08, a P/E/G ratio of 1.20 and a beta of 1.46.
E*TRADE Financial (NASDAQ:ETFC) last issued its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.04. E*TRADE Financial had a net margin of 27.35% and a return on equity of 9.34%. The company had revenue of $599.00 million for the quarter, compared to the consensus estimate of $598.96 million. During the same period last year, the firm posted $0.51 EPS. E*TRADE Financial’s revenue for the quarter was up 23.3% on a year-over-year basis. sell-side analysts anticipate that E*TRADE Financial will post 2.27 earnings per share for the current year.
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E*TRADE Financial Company Profile
E*Trade Financial Corporation is a financial services company. The Company provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial. The Company also provides investor-focused banking products, primarily sweep deposits, to retail investors.
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