For its second fiscal quarter (ending June 30), Prudential Financial Inc (NYSE: PRU) has reported E.P.S. of $3.30 compared to $1.38 a year ago. E.P.S. were $7.82 for the latest four quarters through June 30 versus $4.91 for the same period a year ago.
Recent Price Action
Prudential Financial Inc (NYSE: PRU) stock declined by -2.3% on 8/1/24. The shares closed at $122.49. Moreover, this decline was accompanied by exceptionally high trading volume at 204% of normal. The stock has been strong relative to the market over the last nine months but has declined -0.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PRU is expected to continue to be a major Value Builder.
Prudential Financial has a current Value Trend Rating of B (Positive). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Prudential Financial has a slightly negative Appreciation Score of 40 but a good Power Rating of 81, resulting in the Positive Value Trend Rating.
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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