E*TRADE Financial Corp. Hits New 52-Week High at $20.33 (ETFC)
E*TRADE Financial Corp. (NASDAQ:ETFC)’s share price reached a new 52-week high during trading hours on Friday, AnalystRatingsNetwork reports. The company traded as high as $20.33 and last traded at $20.31, with a volume of 2,114,759 shares traded. The stock had previously closed at $19.81.
Several analysts have recently commented on the stock. Analysts at Credit Suisse initiated coverage on shares of E*TRADE Financial Corp. in a research note to investors on Tuesday, December 10th. They set a “neutral” rating on the stock. Separately, analysts at Zacks upgraded shares of E*TRADE Financial Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, November 13th. They now have a $21.00 price target on the stock. Finally, analysts at Compass Point raised their price target on shares of E*TRADE Financial Corp. from $13.00 to $16.00 in a research note to investors on Friday, October 25th. They now have a “neutral” rating on the stock. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $15.00.
E*TRADE Financial Corp. has a 1-year low of $9.09 and a 1-year high of $19.86. The stock has a 50-day moving average of $18.45 and a 200-day moving average of $16.06. The company’s market cap is $5.831 billion.
E*TRADE Financial Corp. (NASDAQ:ETFC) last released its earnings data on Wednesday, October 23rd. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.17 by $0.01. The company had revenue of $417.00 million for the quarter, compared to the consensus estimate of $419.41 million. During the same quarter in the prior year, the company posted ($0.10) earnings per share. The company’s quarterly revenue was down 14.9% on a year-over-year basis.
E*TRADE Financial Corporation (NASDAQ:ETFC) is a financial services company, which provides online brokerage and related products and services primarily to individual retail investors under the brand E*TRADE Financial.
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