For its first fiscal quarter (ending March 31), Assured Guaranty Ltd (NYSE: AGO) has reported a 42% increase in E.P.S. from $1.37 a year ago to $1.94 in the current quarter. This result exceeded the consensus estimate of $1.61 by $0.33. For the latest four quarters through March 31, E.P.S. were $13.22 versus $2.36 for the same period a year ago — an increase of 460%.
Recent Price Action
Assured Guaranty Ltd (NYSE: AGO) stock declined slightly by -0.7% on 5/7/24. The stock closed at $78.42. Moreover, unusually high trading volume at 163% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
AGO is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Assured Guaranty has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Assured Guaranty has a neutral Appreciation Score of 46 but a very high Power Rating of 98, with the Highest Value Trend Rating the result.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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