Alert: New Earnings Report (11/8/23)-Argo Group International Holding (NYSE: ARGO).

out_logo_500#01993.jpg

Argo Group International Holding (NYSE: ARGO) has reported E.P.S. of $-1.41 for its third fiscal quarter (ending September 30) versus $-1.47 for the same period a year ago. Relative to the consensus estimate of $0.40, this was a shortfall of $-1.81. For the latest four quarters through September 30, E.P.S. were $-5.65 compared to $-5.50 a year ago.

out_etable#01993.jpg

Recent Price Action

out_mm#01993.jpg
On 11/8/23, Argo Group International Holding (NYSE: ARGO) stock declined slightly by -0.07%, closing at $29.89. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, ARGO is expected to be Value Creation neutral.

Argo Group has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Argo Group has a poor Appreciation Score of 30 but a good Power Rating of 70, with the Neutral Value Trend Rating the result.

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

Leave a Reply

Your email address will not be published.


*