Selective Insurance Group Inc (NASDAQ: SIGI) has reported E.P.S. of $1.47 for its third fiscal quarter (ending September 30) versus $1.43 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $3.73 versus $5.24 for the same period a year ago.
Recent Price Action
Selective Insurance Group Inc (NASDAQ: SIGI) stock closed at $96.97 on 10/21/24 after a modest decline of -1.7%. Moreover, trading volume in this decline was exceptionally high at 264% of normal. The stock has risen 3.2% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, SIGI is expected to continue to be an important Value Builder.
Selective Insurance 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. Selective Insurance Group has a neutral Power Rating of 50 and a neutral Appreciation Score of 42, resulting in 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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