Prudential Financial Inc (NYSE: PRU) has reported earnings for its third fiscal quarter (ending September 30) of $1.24 versus a loss $-2.23 for the same period a year ago — a decline of -156%. For the latest four quarters through September 30, E.P.S. were $11.30 versus $3.01 for the same period a year ago — an increase of 275%.
Recent Price Action
Prudential Financial Inc (NYSE: PRU) stock increased 1.1% on 10/30/24. The shares closed at $126.64. Moreover, trading volume in this advance was above average at 147% of normal. The stock has been strong relative to the market over the last nine months and has risen 0.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PRU is expected to continue to be a major Value Builder.
Prudential Financial has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Prudential Financial has a neutral Appreciation Score of 42 but a good Power Rating of 71, and the Neutral Value Trend Rating results.
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.
Be the first to comment