For its second fiscal quarter (ending March 31), Stonex Group Inc (NASDAQ: SNEX) has reported a -17% decline in E.P.S. from $2.02 a year ago to $1.68 in the current quarter. For the latest four quarters through March 31, E.P.S. were $7.73 versus $10.77 for the same period a year ago — a decline of -28%.
Recent Price Action
On 5/8/24, Stonex Group Inc (NASDAQ: SNEX) stock increased 1.3%, closing at $77.89. Moreover, above average trading volume at 129% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 7.3% during the last week.
Current PriceTarget Research Rating
SNEX’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Stonex Group has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Stonex Group has a slightly positive Power Rating of 64 and a good Appreciation Score of 80, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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