Cohen & Steers Inc (NYSE: CNS) has reported earnings for its first fiscal quarter (ending March 31) of $0.69 versus $0.72 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $2.58 versus $3.36 for the same period a year ago.
Recent Price Action
Cohen & Steers Inc (NYSE: CNS) stock declined modestly by -1.1% on 4/17/24. The stock closed at $66.87. Moreover, this decline was accompanied by above average trading volume at 146% of normal. The stock has been strong relative to the market over the last nine months but has declined -12.4% during the last week.
Current PriceTarget Research Rating
CNS is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Cohen & Steers has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Cohen & Steers has a poor Appreciation Score of 29 but a very high Power Rating of 86, producing 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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