The Travelers Companies Inc (NYSE: TRV) has reported E.P.S. of $2.32 for its second fiscal quarter (ending June 30) versus $-0.07 for the same period a year ago. This result fell short of the consensus estimate of $2.83 by $-0.51. For the latest four quarters through June 30, E.P.S. were $16.01 versus $9.54 for the same period a year ago — an increase of 68%.
Recent Price Action
On 7/19/24, The Travelers Companies Inc (NYSE: TRV) stock suffered a large decline of -7.8%, closing at $203.48. Moreover, exceptionally high trading volume at 224% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months but has declined -2.6% during the last week.
Current PriceTarget Research Rating
TRV’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.
Travelers Companies 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 inconsistent signals. Travelers Companies has a neutral Appreciation Score of 58 but a very high Power Rating of 86, and the Highest Value Trend Rating results.
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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