For its first fiscal quarter (ending March 31), Genworth Financial Inc (NYSE: GNW) has reported a 28% increase in E.P.S. from $0.25 a year ago to $0.32 in the current quarter. E.P.S. were $0.19 for the latest four quarters through March 31 versus $1.60 for the same period a year ago — a decline of -88%.
Recent Price Action
On 5/1/24, Genworth Financial Inc (NYSE: GNW) stock enjoyed a large increase of 2.4%, closing at $6.07. This advance was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
GNW is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Genworth Financial has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Genworth Financial has a neutral Power Rating of 54 but a good Appreciation Score of 79, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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