E*TRADE Financial Corporation (NASDAQ:ETFC) registered a -8.86% decrease, still its new closing price is 74.66% up from the company’s 1 year high of 38.61.It posted -8.45% losses in previous 5 sessions and is now the subject of 4 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 15 stock analysts following this company have an average price target at $42.61, with individual PT in the $38.00-$46.00 range. The shares moved at $34.25, implying that brokerage firms see shares gaining about 51.68% in twelve months time.
E*TRADE Financial Corporation (ETFC) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -1.15% fall year to date. A Principal Accounting Officer at E*TRADE Financial Corporation (ETFC) offloaded shares in a transaction closed on Monday November 14, 2016. Simonich Brent sold 7,996 shares in the company at $32.68 each and collected $261,000 in proceeds. Simonich Brent now owns 35,847 shares in the company after this transaction. A Principal Accounting Officer in the company, Simonich Brent, disclosed a transaction on Tuesday April 26, 2016 that ended up generating $104,001 from the sale of 3,994 shares at $26.22 per share.
E*TRADE Financial Corporation (NASDAQ:ETFC) Upcoming Results on Tap
E*TRADE Financial Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.38 in that period. Sales during the quarter are predicted to arrive at $530.7 million.
Earnings surprise history: Last quarter, the company posted approximately $509 million in revenue and EPS of $0.46. The mean forecast was for $504.11 million and $0.42 a share, respectively. One quarter earlier, revenue for the stock was at $486 million, with earnings at $0.51/share.
E*TRADE Financial Corporation (ETFC) Brokerage Update
E*TRADE Financial Corporation (ETFC) is in SunTrust’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by SunTrust, according to news reported on Monday December 19, 2016.Another important research note was issued by BofA/Merrill on Thursday October 13, 2016.The firm downgraded ETFC to Neutral from Buy. Over the last six months and over the last three months, the shares of E*TRADE Financial Corporation (ETFC), have changed 37.05% and 21.89%, respectively.ima