American Financial Group Inc (NYSE: AFG) has reported E.P.S. of $2.49 for its second fiscal quarter (ending June 30) versus $2.35 for the same period a year ago — an increase of 6%. Relative to the consensus estimate of $2.44, this was a premium of $0.05. E.P.S. were $10.61 for the latest four quarters through June 30 versus $10.02 for the same period a year ago — an increase of 6%.
Recent Price Action
On 8/6/24, American Financial Group Inc (NYSE: AFG) stock rose modestly by 0.8%, closing at $124.34. Trading volume in this advance was normal. Relative to the market the stock has been strong over the last nine months but has declined -3.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, AFG is expected to continue to be a major Value Builder.
American Financial Group has a current Value Trend Rating of C (Low Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. American Financial Group has a poor Appreciation Score of 22 but a good Power Rating of 71, leading to the Low 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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