For its fourth fiscal quarter (ending December 31), Blackrock Inc (NYSE: BLK) has reported a 17% increase in E.P.S. from $9.25 a year ago to $10.78 in the current quarter. Relative to the consensus estimate of $11.31, this was a shortfall of $-0.53. E.P.S. were $42.45 for the latest four quarters through December 31 versus $36.85 for the same period a year ago — an increase of 15%.
Recent Price Action
Blackrock Inc (NYSE: BLK) stock enjoyed a very large increase of 5.2% on 1/15/25. The shares closed at $1013.18. Moreover, trading volume in this advance was unusually high at 156% of normal. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
BlackRock has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. BlackRock has a poor Appreciation Score of 26 but a very high Power Rating of 89, resulting in the 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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