WSFS Stock Summary and Trading Ideas (WSFS Financial | NASDAQ:WSFS)

WSFS Financial Corp is a savings and loan holding company. The company operates in three segments: WSFS Bank provides loans and leases and other financial products to commercial and consumer customers. Cash Connect segment provides ATM vault cash, smart safe, and other cash logistics services; and Wealth Management provides a broad array of planning and advisor services, investment management, personal and institutional trust services, and credit and deposit products to individuals, corporate, and institutional clients. Majority revenue is generated from WSFS Bank segment.

WSFS Financial trades on the NASDAQ stock market under the symbol WSFS.

As of April 22, 2024, WSFS stock price climbed to $43.90 with 232,388 million shares trading.

WSFS has a beta of 1.67, meaning it tends to be more sensitive to market movements. WSFS has a correlation of 0.29 to the broad based SPY ETF.

WSFS has a market cap of $2.64 billion. This is considered a Mid Cap stock.

Last quarter WSFS Financial reported $178 million in Revenue and $1.15 earnings per share. This beat revenue expectation by $517,000 and exceeded earnings estimates by $.10.

In the last 3 years, WSFS stock traded as high as $56.30 and as low as $29.59.

The top ETF exchange traded funds that WSFS belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

WSFS has underperformed the market in the last year with a return of +16.2%, while the SPY ETF gained +22.3%. In the last 3 month period, WSFS fell short of the market, returning -1.8%, while SPY returned +3.9%. However, in the most recent 2 weeks WSFS has outperformed the stock market by returning +1.5%, while SPY returned -3.6%.

WSFS support price is $42.33 and resistance is $44.21 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WSFS stock will trade within this expected range on the day.