Investors Title Co (NASDAQ: ITIC) has reported earnings for its second fiscal quarter (ending June 30) of $4.71 versus $4.00 for the same period a year ago — an increase of 18%. E.P.S. were $13.94 for the latest four quarters through June 30 versus $12.76 for the same period a year ago — an increase of 9%.
Recent Price Action
On 8/6/24, Investors Title Co (NASDAQ: ITIC) stock enjoyed a large increase of 4.3%, closing at $203.12. Moreover, trading volume in this advance was exceptionally high at 206% of normal. Relative to the market the stock has been strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, ITIC is expected to be Value Creation neutral.
Investors Title has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Investors Title has a poor Appreciation Score of 21 but a good Power Rating of 76, resulting in 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.
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