Hartford Financial Services Grou (NYSE: HIG) has reported E.P.S. of $2.48 for its second fiscal quarter (ending June 30) versus $1.75 for the same period a year ago — an increase of 42%. This performance was $0.18 better than the consensus estimate of $2.30. E.P.S. were $9.66 for the latest four quarters through June 30 versus $6.32 for the same period a year ago — an increase of 53%.
Recent Price Action
On 7/25/24, Hartford Financial Services Grou (NYSE: HIG) stock rose modestly by 0.4%, closing at $102.33. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, HIG is expected to continue to be an important Value Builder.
Hartford Financial Services Grou has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Hartford Financial Services Grou has a neutral Appreciation Score of 57 but a very high Power Rating of 92, and the Highest Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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