Stonex Group Inc (NASDAQ: SNEX) has reported earnings for its third fiscal quarter (ending June 30) of $1.95 versus $3.35 for the same period a year ago — a decline of -42%. E.P.S. were $7.45 for the latest four quarters through June 30 versus $11.70 for the same period a year ago — a decline of -36%.
Recent Price Action
Stonex Group Inc (NASDAQ: SNEX) stock increased 1.2% on 8/6/24. The shares closed at $74.68. Moreover, above average trading volume at 125% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months but has declined -8.5% during the last week.
Current PriceTarget Research Rating
SNEX’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.
Stonex Group has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Stonex Group has a good Power Rating of 74 and a good Appreciation Score of 80, triggering the Highest Value Trend Rating.
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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