Alert: New Earnings Report (1/19/24)-The Travelers Companies Inc (NYSE: TRV).

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The Travelers Companies Inc (NYSE: TRV) has reported E.P.S. of $7.07 for its fourth fiscal quarter (ending December 31) versus $3.49 for the same period a year ago — an increase of 103%. Relative to the consensus estimate of $4.98, this was a premium of $2.09. For the latest four quarters through December 31, E.P.S. were $12.93 compared to $11.91 a year ago — an increase of 9%.

Recent Price Action

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The Travelers Companies Inc (NYSE: TRV) stock enjoyed a very large increase of 6.7% on 1/19/24. The shares closed at $211.67. Moreover, this advance was accompanied by exceptionally high trading volume at 302% of normal. The stock has been strong relative to the market over the last nine months and has risen 9.6% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, TRV is expected to continue to be an important Value Builder.

Travelers Companies has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Travelers Companies has a slightly negative Appreciation Score of 39 but a good Power Rating of 71, with the Neutral Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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