For its third fiscal quarter (ending September 30), Hanover Insurance Group Inc (NYSE: THG) has reported a 1135% increase in E.P.S. from $0.23 a year ago to $2.84 in the current quarter. E.P.S. were $10.20 for the latest four quarters through September 30 versus $-2.40 for the same period a year ago — a decline of -525%.
Recent Price Action
On 10/30/24, Hanover Insurance Group Inc (NYSE: THG) stock enjoyed a large increase of 2.1%, closing at $151.43. This advance was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, THG is expected to be an important Value Builder.
Hanover Insurance Group has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Hanover Insurance Group has a slightly negative Appreciation Score of 39 but a good Power Rating of 79, resulting in the High 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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