Alert: New Earnings Report (10/30/24)-OneMain Holdings Inc (NYSE: OMF).

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OneMain Holdings Inc (NYSE: OMF) has reported earnings for its third fiscal quarter (ending September 30) of $1.31 versus $1.61 for the same period a year ago — a decline of -19%. For the latest four quarters through September 30, E.P.S. were $4.57 versus $5.40 for the same period a year ago — a decline of -15%.

Recent Price Action

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OneMain Holdings Inc (NYSE: OMF) stock enjoyed a very large increase of 9.4% on 10/30/24. The shares closed at $51.92. Moreover, trading volume in this advance was exceptionally high at 332% of normal. The stock has performed in line with the market over the last nine months and has risen 10.4% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, OMF is expected to continue to be a major Value Builder.

OneMain Holdings has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. OneMain Holdings has a slightly positive Appreciation Score of 68 and a neutral Power Rating of 41, with the 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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