Technical Scrutiny: E*TRADE Financial Corporation (NASDAQ:ETFC), Schlumberger Limited (NYSE:SLB)

The consensus analyst target price is $46.27.

Investors are more bearish on shares of the company of late if you take into consideration the change in short interest. MAS's average trading volume during the past 20 days is higher than the average volume over the past 100 days, which could be an indication that investors are feeling more certain than usual about the direction of MAS's future price movements. These ratios are other measures of operational efficiency and performance. "However, E*TRADE's escalating expenses and intense competition remain near-term concerns". SunTrust Banks, Inc. restated a "buy" rating and set a $50.00 price target on shares of E*TRADE Financial Corporation in a report on Monday, September 18th. BidaskClub lowered Flushing Financial Corporation from a sell rating to a strong sell rating in a research report on Tuesday, July 25th. JMP Securities upped their price target on E*TRADE Financial Corp from $40.00 to $42.00 and gave the stock an "outperform" rating in a report on Friday, January 27th.

E*TRADE Financial Corporation (NASDAQ:ETFC) has seen its SMA20 which is now 4.92%.

Among 5 analysts covering Flushing Financial (NASDAQ:FFIC), 0 have Buy rating, 1 Sell and 4 Hold.

E*TRADE Financial Corporation has a beta of 1.07, offering the possibility of a higher rate of return, but also posing more risk.

E*TRADE Financial Corporation (NASDAQ:ETFC) slipped over -2.36% at $43.95, after hitting low of $43.28 in an intra-day trade.

E*TRADE Financial Corporation (NASDAQ:ETFC), stock is trading $45.70 above the 52-week high and has displayed a high EPS growth of 29.60% in last 5 years. The company's 50-day moving average price is $41.67 and its 200 day moving average price is $38.10.

E*TRADE Financial Corporation (NASDAQ:ETFC) last released its quarterly earnings results on Thursday, July 20th. The company's quarterly EPS surprised Wall Street by as much as 8% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Revenue, on the other hand, scored 0.11% growth from the previous quarter, coming up with $553.63 million. This works out to an increase of 30.46% compared to last year's earnings.

E*TRADE Financial Corporation declared that its board has approved a share buyback program on Thursday, July 20th that permits the company to repurchase $1.00 billion in shares. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.

ILLEGAL ACTIVITY NOTICE: This piece was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of United States and global trademark & copyright legislation. Nebraska-based Ameritas Investment Ptnrs has invested 0% in Flushing Financial Corporation (NASDAQ:FFIC). The stock was sold at an average price of $40.38, for a total transaction of $1,351,680.12. The Company also owns Flushing Financial Capital Trust II, Flushing Financial Capital Trust III and Flushing Financial Capital Trust IV (the Trusts). Also, insider Michael John Curcio sold 33,474 shares of the stock in a transaction on Wednesday, September 13th. The total value of its holdings decreased 27.5%.

On a weekly basis, the stock is 1.76%. The disclosure for this sale can be found here. Southpoint Capital Advisors Lp sold 120,000 shares as E Trade Financial Corp (ETFC)'s stock declined 8.39%. Institutional investors and hedge funds own 92.64% of the company's stock. Quadrant Capital Group LLC grew its stake in E*TRADE Financial Corporation by 21.8% in the second quarter. The Firm provides online brokerage and related services and products primarily to individual retail investors under the brand E*TRADE Financial. Advisors Asset Management Inc. raised its position in E*TRADE Financial Corporation by 80.8% during the 2nd quarter. The stock had a rise in short interest of 3.14% as of the latest report on August 31, 2017. Exane Derivatives bought a new stake in E*TRADE Financial Corporation during the 2nd quarter valued at $130,000. Krilogy Financial LLC now owns 3,710 shares of the financial services provider's stock valued at $141,000 after purchasing an additional 260 shares in the last quarter. Finally, Financial Counselors Inc. acquired a new position in E*TRADE Financial Corporation in the second quarter worth about $203,000.

Flushing Financial Corporation is the bank holding firm for Flushing Bank.

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