Safety Insurance Group Inc (NASDAQ: SAFT) has reported E.P.S. of $0.83 for its fourth fiscal quarter (ending December 31) versus $1.68 for the same period a year ago — a decline of -51%. For the latest four quarters through December 31, E.P.S. were $1.28 compared to $3.17 a year ago — a decline of -60%.
Recent Price Action
Safety Insurance Group Inc (NASDAQ: SAFT) stock closed at $85.61 on 2/27/24 after a slight gain of 0.2%. However, this advance was accompanied by below average trading volume at 80% of normal. Relative to the market the stock has been strong over the last nine months but has declined -1.8% during the last week.
Current PriceTarget Research Rating
SAFT’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.
Safety Insurance Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Safety Insurance Group has a poor Appreciation Score of 17 but a good Power Rating of 82, leading to the Neutral Value Trend Rating.
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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