Employers Holdings Inc (NYSE: EIG) has reported earnings for its second fiscal quarter (ending June 30) of $1.25 versus $1.31 for the same period a year ago. E.P.S. were $4.69 for the latest four quarters through June 30 versus $4.60 for the same period a year ago.
Recent Price Action
On 7/31/24, Employers Holdings Inc (NYSE: EIG) stock increased 1.2%, closing at $48.01. Moreover, exceptionally high trading volume at 256% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 4.5% during the last week.
Current PriceTarget Research Rating
EIG’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Employers Holdings has a current Value Trend Rating of C (Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Employers Holdings has a slightly negative Appreciation Score of 38 but a good Power Rating of 70, and the Neutral Value Trend Rating results.
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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