Genworth Financial Inc (NYSE: GNW). Extremely significant negative changes in investment behavior have recently occurred: its shorter term price trend turned down, and the stock fell on very heavy volume.
Significant negative changes in Genworth Financial Inc (NYSE: GNW) fundamentals have recently occurred: the stock’s power rating fell below 50, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
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 good Appreciation Score of 78 but a neutral Power Rating of 47, triggering the Positive Value Trend Rating.
Recent Price Action
Genworth Financial Inc (NYSE: GNW) stock declined slightly by -0.8% on 5/31/24. The stock closed at $6.29. Moreover, this decline was accompanied by exceptionally high trading volume at 310% of normal. The stock has performed in line with the market over the last nine months and has declined -1.7% during the last week.
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