The Cigna Group (NYSE: CI) has reported E.P.S. of $2.65 for its third fiscal quarter (ending September 30) versus $4.79 for the same period a year ago — a decline of -45%. E.P.S. were $10.66 for the latest four quarters through September 30 versus $18.00 for the same period a year ago — a decline of -41%.
Recent Price Action
The Cigna Group (NYSE: CI) stock closed at $314.81 on 10/31/24 after a modest gain of 0.6%. Moreover, exceptionally high trading volume at 244% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -0.9% during the last week.
Current PriceTarget Research Rating
CI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
CIGNA Group has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. CIGNA Group has a slightly positive Power Rating of 61 and a slightly positive Appreciation Score of 65, leading to 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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