For its second fiscal quarter (ending June 30), Global Indemnity Group LLC (NYSE: GBLI) has reported a 7% increase in E.P.S. from $0.68 a year ago to $0.73 in the current quarter. E.P.S. were $2.54 for the latest four quarters through June 30 versus $2.64 for the same period a year ago — a decline of -4%.
Recent Price Action
Global Indemnity Group LLC (NYSE: GBLI) stock closed at $32.19 on 8/7/24 after an increase of 1.8%. Trading volume in this advance was normal. The stock has been weak relative to the market over the last nine months but has risen 3.0% during the last week.
Current PriceTarget Research Rating
GBLI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Global Indemnity Group has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Global Indemnity Group has a neutral Power Rating of 48 and a neutral Appreciation Score of 42, with the Low Neutral Value Trend Rating the result.
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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