Cincinnati Financial Corp (NASDAQ: CINF) has reported earnings for its third fiscal quarter (ending September 30) of $5.25 versus a loss $-0.63 for the same period a year ago — a decline of -933%. For the latest four quarters through September 30, E.P.S. were $19.60 versus $10.65 for the same period a year ago — an increase of 84%.
Recent Price Action
Cincinnati Financial Corp (NASDAQ: CINF) stock declined slightly by -0.5% on 10/24/24. The stock closed at $138.24. Moreover, trading volume in this decline was above average at 129% of normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CINF is expected to continue to be a modest Value Builder.
Cincinnati Financial has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Cincinnati Financial has a neutral Appreciation Score of 41 but a very high Power Rating of 87, triggering 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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