Genworth Financial Inc (NYSE: GNW) has reported E.P.S. of $0.18 for its second fiscal quarter (ending June 30) versus $0.28 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $0.09 compared to $1.56 a year ago.
Recent Price Action
Genworth Financial Inc (NYSE: GNW) stock closed at $6.77 on 7/31/24 after a slight decline of -0.6%. This decline was accompanied by normal trading volume. The stock has performed in line with the market over the last nine months and has risen 0.7% during the last week.
Current PriceTarget Research Rating
GNW is expected to continue to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Genworth Financial 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. Genworth Financial has a good Appreciation Score of 76 but a slightly negative Power Rating of 39, leading to 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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