Kingstone Cos Inc (NASDAQ: KINS) has reported E.P.S. of $0.27 for its fourth fiscal quarter (ending December 31) versus $-0.37 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $-0.57 compared to $-2.12 a year ago.
Recent Price Action
Kingstone Cos Inc (NASDAQ: KINS) stock closed at $3.89 on 3/27/24 after an increase of 1.3%. However, this advance was accompanied by exceptionally low trading volume at 43% of normal. The stock has declined -0.5% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
KINS is expected to continue to be a modest Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Kingstone has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Kingstone has a poor Appreciation Score of 18 but a very high Power Rating of 99, producing the High 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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