Alert: Negative Investment/Fundamental Signals (4/30/20)-Old Republic International Corp (NYSE: ORI)


Extremely significant negative changes in Old Republic International Corp (NYSE: ORI) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.

Old Republic International Corp (NYSE: ORI) has recently experienced significant negative changes in fundamentals. Negative developments: the stock’s power rating fell below 50, the consensus estimate for December, 2020 decreased significantly, and the consensus estimate for December, 2021 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

ORI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

Old Republic has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Old Republic has a neutral Appreciation Score of 44 and a neutral Power Rating of 43, producing the Low Neutral Value Trend Rating.

Recent Price Action

On 4/30/20, Old Republic International Corp (NYSE: ORI) stock suffered a large decline of -2.9%, closing at $15.95. Moreover, this decline was accompanied by exceptionally high trading volume at 305% of normal. The stock has risen 4.7% during the last week but has been weak relative to the market over the last nine months.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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