Alert: Negative Investment/Fundamental Signals (8/5/24)-Genworth Financial Inc (NYSE: GNW)

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Meaningful negative changes in Genworth Financial Inc (NYSE: GNW) fundamentals have recently occurred: the consensus estimate for December, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Important negative changes in Genworth Financial Inc (NYSE: GNW) investment behavior have recently occurred: the stock’s recent price decline challenged its longer term uptrend.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.

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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 C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Genworth Financial has a good Appreciation Score of 77 but a slightly negative Power Rating of 38, leading to the High Neutral Value Trend Rating.

Recent Price Action

Genworth Financial Inc (NYSE: GNW) stock declined by -2.4% on 8/5/24. The shares closed at $6.16. Moreover, this decline was accompanied by unusually high trading volume at 165% of normal. The stock has performed in line with the market over the last nine months and has declined -9.3% during the last week.

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