For its second fiscal quarter (ending September 30), Gen Digital Inc (NASDAQ: GEN) has reported a 13% increase in E.P.S. from $0.23 a year ago to $0.26 in the current quarter. E.P.S. were $0.99 for the latest four quarters through September 30 versus $2.21 for the same period a year ago — a decline of -55%.
Recent Price Action
On 10/30/24, Gen Digital Inc (NASDAQ: GEN) stock declined slightly by -0.7%, closing at $26.91. This decline was accompanied by normal trading volume. The stock has been exceptionally strong relative to the market over the last nine months but has declined -0.7% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, GEN is expected to continue to be a major Value Builder.
Gen Digital has a current Value Trend Rating of A (Highest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Gen Digital has a good Power Rating of 83 and a very high Appreciation Score of 88, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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