For its third fiscal quarter (ending September 30), Voya Financial Inc (NYSE: VOYA) has reported a -57% decline in E.P.S. from $2.35 a year ago to $1.00 in the current quarter. E.P.S. were $6.45 for the latest four quarters through September 30 versus $6.57 for the same period a year ago — a decline of -2%.
Recent Price Action
On 11/4/24, Voya Financial Inc (NYSE: VOYA) stock declined modestly by -1.2%, closing at $79.00. Moreover, this decline was accompanied by unusually high trading volume at 167% of normal. Relative to the market the stock has been strong over the last nine months but has declined -0.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, VOYA is expected to continue to be a major Value Builder.
Voya Financial has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Voya Financial has a slightly negative Appreciation Score of 35 but a good Power Rating of 75, 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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