Alert: New Earnings Report (10/17/24)-The Travelers Companies Inc (NYSE: TRV).

out_logo_500#25235.jpg

For its third fiscal quarter (ending September 30), The Travelers Companies Inc (NYSE: TRV) has reported a 214% increase in E.P.S. from $1.75 a year ago to $5.50 in the current quarter. This result exceeded the consensus estimate of $3.72 by $1.78. For the latest four quarters through September 30, E.P.S. were $19.75 versus $9.38 for the same period a year ago — an increase of 111%.

Recent Price Action

out_mm#25235.jpg
On 10/17/24, The Travelers Companies Inc (NYSE: TRV) stock enjoyed a very large increase of 9.0%, closing at $264.82. Moreover, exceptionally high trading volume at 252% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 14.4% during the last week.

Current PriceTarget Research Rating

TRV’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.

Travelers Companies has a current Value Trend Rating of C (High Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Travelers Companies has a neutral Appreciation Score of 53 and a slightly positive Power Rating of 69, and the High Neutral Value Trend Rating results.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*