All You Need to Know About WSFS (WSFS) Rating Upgrade to Buy

Core Viewpoint - WSFS Financial (WSFS) has been upgraded to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, indicating a positive outlook for the company's stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system is primarily influenced by changes in a company's earnings potential, which is strongly correlated with near-term stock price movements [4]. - Rising earnings estimates for WSFS suggest an improvement in the company's underlying business, likely leading to increased stock prices as investors respond positively [5][8]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7]. - The upgrade of WSFS to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10]. Recent Performance and Estimates - For the fiscal year ending December 2025, WSFS is expected to earn $4.91 per share, which remains unchanged from the previous year, but the Zacks Consensus Estimate has increased by 6.9% over the past three months [8].