Gen Digital Inc (NASDAQ: GEN) has reported E.P.S. of $0.21 for its fourth fiscal quarter (ending March 31) versus $1.43 for the same period a year ago — a decline of -85%. Relative to the consensus estimate of $0.52, this was a shortfall of $-0.31. For the latest four quarters through March 31, E.P.S. were $0.97 compared to $2.20 a year ago — a decline of -56%.
Recent Price Action
On 5/9/24, Gen Digital Inc (NASDAQ: GEN) stock increased 1.6%, closing at $20.34. Moreover, unusually high trading volume at 158% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 2.0% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GEN is expected to continue to be a major Value Builder.
Gen Digital has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Gen Digital has a slightly positive Power Rating of 63 and a slightly positive Appreciation Score of 68, leading to 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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