United Fire Group Inc (NASDAQ: UFCS) has reported E.P.S. of $0.52 for its first fiscal quarter (ending March 31) versus $0.03 for the same period a year ago — an increase of 1633%. Relative to the consensus estimate of $0.67, this was a shortfall of $-0.15. E.P.S. were $-0.68 for the latest four quarters through March 31 versus $-0.50 for the same period a year ago.
Recent Price Action
United Fire Group Inc (NASDAQ: UFCS) stock closed at $23.39 on 5/7/24 after a modest gain of 0.5%. Trading volume in this advance was normal. Relative to the market the stock has been strong over the last nine months and has risen 5.7% 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 (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. United Fire Group has a slightly negative Appreciation Score of 37 but a good Power Rating of 79, triggering 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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