For its fourth fiscal quarter (ending December 31), Assured Guaranty Ltd (NYSE: AGO) has reported a 322% increase in E.P.S. from $1.55 a year ago to $6.54 in the current quarter. This result exceeded the consensus estimate of $1.12 by $5.42. For the latest four quarters through December 31, E.P.S. were $12.54 versus $1.95 for the same period a year ago — an increase of 543%.
Recent Price Action
Assured Guaranty Ltd (NYSE: AGO) stock closed at $85.64 on 2/27/24 after a slight decline of -0.06%. Trading volume in this decline was normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 2.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, AGO is expected to be Value Creation neutral.
Assured Guaranty has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Assured Guaranty has a slightly negative Appreciation Score of 34 but a very high Power Rating of 99, producing the Positive Value Trend Rating.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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