For its third fiscal quarter (ending September 30), Metlife Inc. (NYSE: MET) has reported a 225% increase in E.P.S. from $0.56 a year ago to $1.82 in the current quarter. For the latest four quarters through September 30, E.P.S. were $4.98 versus $3.03 for the same period a year ago — an increase of 64%.
Recent Price Action
Metlife Inc. (NYSE: MET) stock rose modestly by 0.4% on 10/30/24. The stock closed at $83.18. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months but has declined -1.9% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, MET is expected to continue to be a major Value Builder.
Metlife has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Metlife has a slightly negative Appreciation Score of 38 but a good Power Rating of 80, producing the High 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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