Alert: Positive Investment/Fundamental Signals (9/11/24)-CNO Financial Group Inc (NYSE: CNO)

out_logo_500#05054.jpg

Recent meaningful positive changes in fundamentals have benefitted CNO Financial Group Inc (NYSE: CNO): the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, and the consensus estimate for December, 2025 increased significantly.

Recent notable positive changes in investment behavior have benefitted CNO Financial Group Inc (NYSE: CNO): the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

out_mm#05054.jpg

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CNO is expected to continue to be a Value Builder.

CNO Financial Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CNO Financial Group has a neutral Appreciation Score of 55 but a good Power Rating of 84, with the Positive Value Trend Rating the result.

Recent Price Action

CNO Financial Group Inc (NYSE: CNO) stock declined slightly by -1.0% on 9/11/24. The stock closed at $32.11. This decline was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -7.1% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*