E*TRADE Financial Corporations in-depth stock price analysis indicates that the stock price has rallied 4.4% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 36.51% . Looking at the past 52 week period, the stock price is up at 68.13% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of E*TRADE Financial Corporation has a positive value of 41.49 compared to overall market. Stocks of E*TRADE Financial Corporation (NASDAQ:ETFC) rallied by 2.27% during the past week but lost 3.71% on a 4-week basis. The company has outperformed the S&P 500 by 1.45% in the past week but underperformed the index by 5.43% in the last 4 weeks.
E*TRADE Financial Corporation (NASDAQ:ETFC) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.24 points or 0.67% at $35.56 with 3,706,159 shares getting traded. Post opening the session at $35.99, the shares hit an intraday low of $35.4 and an intraday high of $36.07 and the price was in this range throughout the day. The company has a market cap of $9,742 million and the number of outstanding shares has been calculated to be 273,963,420 shares. The 52-week high of E*TRADE Financial Corporation (NASDAQ:ETFC) is $38.61 and the 52-week low is $19.61.
E*TRADE Financial Corp Last issued its quarterly earnings results on Jan 26, 2017. The company reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.42. The company had revenue of $509.00 million for the quarter, compared to analysts expectations of $507.67 million. The companys revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.E*TRADE Financial Corp was Upgraded by Goldman to Buy on Jan 10, 2017. Company shares were Upgraded by SunTrust on Dec 19, 2016 to Buy, Raises Price Target to $ 40 from a previous price target of $34 .E*TRADE Financial Corp was Initiated by Keefe Bruyette on Dec 8, 2016 to Mkt Perform, Price Target of the shares are set at $38.50.Company shares were Reiterated by SunTrust on Nov 29, 2016 to Hold, Raises Price Target to $ 34 from a previous price target of $31 .
Company has reported several Insider transactions to the SEC, on Feb 9, 2017, Karl A Roessner (Chief Executive Officer) sold 16,476 shares at 34.72 per share price.On Nov 16, 2016, Brent Simonich (Principal Accounting Officer) sold 7,996 shares at 32.68 per share price.On Feb 11, 2016, Michael A. Pizzi (EVP & Chief Financial Officer) sold 22,262 shares at 21.29 per share price.
E*TRADE Financial Corp was incorporated in California in 1982 and reincorporated in Delaware in July 1996. It is a financial services company and an online brokerage industry. The Company offers easy to use solutions for individual investors and stock plan participants. The Company offers its customers to take control of its financial futures by providing the products, tools, services and advice they need to meet their near and long term investing goals. The Company provides these services to customers both online and through their network of customer service representatives and Financial Consultants – over the phone and in person at 30 company branches across the United States. The company operates a bank with the primary purpose of maximizing the value of deposits generated though its brokerage business.