Taking a quick look at some possible support and resistance levels on shares of TFS Financial Corporation (NASDAQ:TFSL), we can see that the 52-week high is currently 18.07, and the 52-week low is currently 14.3. When shares are trading close to the 52-week high or 52-week low, investors may be watching for a move through either level. Checking in on recent action, we note that the stock has been trading near the $17.9 level. Investors may also want to keep an eye on historical price activity. During the past 12 weeks, the stock has moved 9.21%. Looking further back to the start of the calendar year, we can see that shares have moved 10.97%. Over the past 4 weeks, shares have seen a change of 4.13%. Over the last 5 trading days, the stock has moved 1.99%. Investors will be monitoring stock activity over the next few sessions to try and decipher which way the momentum is leaning.
When it comes to investing in stocks, the question of risk will eventually need to be addressed. Of course, there are no guarantees when investing in the stock market. With this in mind, investors can proceed with a plan that helps minimize risk while still providing the opportunity to experience large profit potential. Each investor may have a different financial situation or tolerance for risk. There is often a fine line between being too aggressive or too conservative with equity investments. Finding that balance between the two extremes may be exactly what the earnest investor strives to do when tackling the markets.
Analysts have set a target price on shares of TFS Financial Corporation (NASDAQ:TFSL). The current consensus price target is $17.5. Wall Street analysts often provide price target projections on stocks that they cover. Price target projections can be created using a wide variety of methods. Many investors will closely track stock target prices, especially when analysts make updates. A thorough research report will generally offer detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the information to help with their own stock research.
Sell-side analysts have the capability of providing stock ratings for companies that they cover. According to analysts polled by Zacks Research, the current average broker rating on shares of TFS Financial Corporation (NASDAQ:TFSL) is 2. This average rating includes analysts who have offered Sell, Buy and Hold ratings on the stock. This rating falls on a numeric scale from 1 to 5. A score of 1 would indicate a Buy recommendation, and a score of 5 would represent a Sell recommendation. Out of all the analysts offering ratings, 1 have pegged the stock a Strong Buy or Buy, based on data provided by Zacks Research.
Tracking the current quarter consensus EPS estimate for TFS Financial Corporation (NASDAQ:TFSL), we have noted that the number is currently 0.08. This estimate is using 1 contributing analysts polled by Zacks Research. For the last quarter, the company posted a quarterly EPS of 0.07. Sell-side Wall Street analysts study companies and provide their opinions of where the stock might be going in the future. A lot of weight is given to analyst estimates, and earnings beats or misses revolve around these predictions. Sometimes these estimates are very close to the actual, and other times they are not. When a company announces actual earnings results, a large surprise factor can result in increased volatility. If a company beats estimates and posts a positive earnings surprise, the stock may see a near-term bump in price. On the flip side, a negative surprise may move the stock lower. Based on the unknown, many investors may choose to trade with caution around earnings releases.
Many active investors will use technical analysis when conducting stock research. Technical analysis involves studying trends and trying to predict which trends will continue into the future. Many technical traders will rely on charts to help provide the information they desire. Some technicians will use one or two technical indicators while others will combine many different ones. There are plenty of indicators out there that can be studied. Figuring out which indicators are the most reliable can be a tricky endeavor. Traders may want to try out various combinations in order to identify the ones that seem to provide the best advantage, even if it is a small one.
