United Fire Group Inc (NASDAQ: UFCS) has reported earnings for its third fiscal quarter (ending September 30) of $0.78 versus $0.25 for the same period a year ago — an increase of 212%. E.P.S. were $1.99 for the latest four quarters through September 30 versus $-1.15 for the same period a year ago — a decline of -273%.
Recent Price Action
United Fire Group Inc (NASDAQ: UFCS) stock closed at $19.93 on 11/5/24 after a large increase of 2.6%. However, this advance was accompanied by below average trading volume at 80% of normal. Relative to the market the stock has been weak over the last nine months and has declined -0.8% during the last week.
Current PriceTarget Research Rating
UFCS is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
United Fire Group has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. United Fire Group has a neutral Appreciation Score of 48 and a neutral Power Rating of 54, with the Neutral Value Trend Rating the result.
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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