Alert: New Earnings Report (7/29/24)-Enstar Group Ltd (NASDAQ: ESGR).

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For its second fiscal quarter (ending June 30), Enstar Group Ltd (NASDAQ: ESGR) has reported E.P.S. of $8.59 compared to $1.36 a year ago. For the latest four quarters through June 30, E.P.S. were $59.32 compared to $15.39 a year ago.

Recent Price Action

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Enstar Group Ltd (NASDAQ: ESGR) stock suffered a large decline of -6.1% on 7/29/24. The stock closed at $327.17. Moreover, this decline was accompanied by exceptionally high trading volume at 858% of normal. The stock has been strong relative to the market over the last nine months and has risen 0.7% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, ESGR is expected to continue to be a Value Builder.

Enstar Group has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Enstar Group has a good Power Rating of 78 and a very high Appreciation Score of 88, with the Highest Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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