Drilling Down Into E*TRADE Financial Corporation (ETFC)

E*TRADE Financial Corporation (ETFC) is an interesting player in the Financial space, with a focus on Investment Brokerage – National. The stock has been active on the tape, currently trading at $64.52, up from yesterday’s close by 0.06%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

E*TRADE Financial Corporation (ETFC) currently trades with a market capitalization of $17.18 Billion. That value represents a market adjusting for revenues that have been growing by 27.13 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $195 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.88 on a per share basis this quarter. Perhaps, that suggests something about why 4.02% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, E*TRADE Financial Corporation recorded a 52-week high of $66.46. It is now trading 1.94% off that level. The stock is trading $61.60 its 50-day moving average by -2.92%. The stock carved out a 52-week low down at $36.09.

In recent action, E*TRADE Financial Corporation (ETFC) has made a move of +1.02% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.99% with $262.33 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of ETFC.

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