For its third fiscal quarter (ending September 30), Employers Holdings Inc (NYSE: EIG) has reported a 126% increase in E.P.S. from $0.54 a year ago to $1.22 in the current quarter. For the latest four quarters through September 30, E.P.S. were $5.37 compared to $4.45 a year ago — an increase of 21%.
Recent Price Action
Employers Holdings Inc (NYSE: EIG) stock rose modestly by 0.3% on 10/30/24. The stock closed at $47.94. Trading volume in this advance was normal. The stock has been strong relative to the market over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
EIG’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Employers Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Employers Holdings has a slightly negative Appreciation Score of 40 but a slightly positive Power Rating of 69, 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.
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