For its second fiscal quarter (ending June 30), OneMain Holdings Inc (NYSE: OMF) has reported E.P.S. of $0.59 compared to $0.85 a year ago. E.P.S. were $4.87 for the latest four quarters through June 30 versus $5.28 for the same period a year ago.
Recent Price Action
On 7/31/24, OneMain Holdings Inc (NYSE: OMF) stock declined modestly by -1.7%, closing at $52.26. Moreover, exceptionally high trading volume at 316% of normal accompanied the decline. 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
Reflecting future returns on capital that are forecasted to be above the cost of capital, OMF is expected to continue to be a major Value Builder.
OneMain Holdings has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. OneMain Holdings has a slightly positive Appreciation Score of 67 and a slightly positive Power Rating of 70, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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