United Fire Group Inc (NASDAQ: UFCS) has reported E.P.S. of $-0.11 for its second fiscal quarter (ending June 30) versus $-2.23 for the same period a year ago. This result fell short of the consensus estimate of $-0.04 by $-0.07. For the latest four quarters through June 30, E.P.S. were $1.45 compared to $-2.32 a year ago.
Recent Price Action
On 8/6/24, United Fire Group Inc (NASDAQ: UFCS) stock declined slightly by -0.7%, closing at $20.46. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has declined -6.3% during the last week.
Current PriceTarget Research Rating
UFCS is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
United Fire Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. United Fire Group has a slightly negative Appreciation Score of 40 but a slightly positive Power Rating of 65, triggering 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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