Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Voya Financial Inc (NYSE: VOYA) weakened during the last several trading days. VOYA’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 4/8/24, Voya Financial Inc (NYSE: VOYA) stock declined slightly by -0.10%, closing at $71.05. This decline was accompanied by normal trading volume. The stock has declined -3.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, VOYA is expected to continue to be a major Value Builder.
Voya Financial has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Voya Financial has a slightly negative Appreciation Score of 35 and a neutral Power Rating of 51, leading to the Negative Value Trend Rating.
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