Alert: New Earnings Report (7/31/24)-Hanover Insurance Group Inc (NYSE: THG).

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Hanover Insurance Group Inc (NYSE: THG) has reported E.P.S. of $1.11 for its second fiscal quarter (ending June 30) versus $-1.96 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $7.58 compared to $-2.61 a year ago.

Recent Price Action

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On 7/31/24, Hanover Insurance Group Inc (NYSE: THG) stock declined slightly by -1.0%, closing at $137.49. NORMAL trading volume accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 4.3% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, THG is expected to be an important Value Builder.

Hanover Insurance Group has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Hanover Insurance Group has a neutral Appreciation Score of 40 but a good Power Rating of 72, 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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