National Western Life Group Inc (NASDAQ: NWLI) has reported earnings for its first fiscal quarter (ending March 31) of $20.24 versus $3.38 for the same period a year ago — an increase of 499%. E.P.S. were $42.83 for the latest four quarters through March 31 versus $44.35 for the same period a year ago — a decline of -3%.
Recent Price Action
National Western Life Group Inc (NASDAQ: NWLI) stock rose slightly by 0.1% on 5/9/24. The stock closed at $490.83. Moreover, trading volume in this advance was unusually high at 192% of normal. The stock has performed in line with the market over the last nine months and has risen 0.5% during the last week.
Current PriceTarget Research Rating
NWLI is expected to be a modest Value Eraser reflecting capital returns that are forecasted to be below the cost of capital.
National Western Life Group has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. National Western Life Group has a slightly negative Appreciation Score of 38 but a slightly positive Power Rating of 62, leading to 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.
Be the first to comment