Hartford Financial Services Grou (NYSE: HIG) has reported E.P.S. of $2.60 for its third fiscal quarter (ending September 30) versus $2.12 for the same period a year ago — an increase of 23%. E.P.S. were $10.14 for the latest four quarters through September 30 versus $7.40 for the same period a year ago — an increase of 37%.
Recent Price Action
On 10/24/24, Hartford Financial Services Grou (NYSE: HIG) stock rose modestly by 0.5%, closing at $120.46. This advance was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 0.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, HIG is expected to continue to be an important Value Builder.
Hartford Financial Services Grou has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Hartford Financial Services Grou has a neutral Appreciation Score of 52 but a very high Power Rating of 93, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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