Meaningful negative changes in fundamentals have recently occurred for Stewart Information Services Cor (NYSE: STC): significant quarterly sales deceleration occurred, the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
Stewart Information Services Cor (NYSE: STC) has recently experienced significant negative changes in investment behavior: the stock fell on very heavy volume.
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
With future capital returns forecasted to be in line with the cost of capital, STC is expected to be Value Creation neutral.
Stewart Information Services Cor has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Stewart Information Services Cor has a poor Appreciation Score of 26 but a good Power Rating of 78, triggering the Neutral Value Trend Rating.
Recent Price Action
Stewart Information Services Cor (NYSE: STC) stock closed at $56.44 on 12/15/23 after a modest decline of -1.1%. Moreover, trading volume in this decline was exceptionally high at 299% of normal. The stock has risen 5.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
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