Extremely important positive changes in investment behavior have recently occurred for Voya Financial Inc (NYSE: VOYA): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Voya Financial Inc (NYSE: VOYA). Minimal positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VOYA is expected to continue to be a major Value Builder.
Voya Financial has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Voya Financial has a slightly negative Appreciation Score of 38 and a neutral Power Rating of 50, and the Low Neutral Value Trend Rating results.
Recent Price Action
Voya Financial Inc (NYSE: VOYA) stock enjoyed a very large increase of 5.9% on 9/11/24. The shares closed at $74.94. Moreover, this advance was accompanied by exceptionally high trading volume at 248% of normal. The stock has performed in line with the market over the last nine months and has risen 6.7% during the last week.
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