Genworth Financial Inc (NYSE: GNW): Do Not Miss The Gain Train

Genworth Financial Inc (GNW) concluded trading on 01/11/24 at a closing price of $6.27, with 2.6 million shares of worth about $16.3 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 10.19% during that period and on Thursday the price saw a loss of about -2.64%. Currently the company’s common shares owned by public are about 495.00M shares, out of which, 444.05M shares are available for trading.

A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 2 analysts are covering the GNW stock and their offered price forecasts bring an average price target of $6.50. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $6.50 and could fall to a lowest price of $6.50. The stock’s current price level is 3.54% above of average price target set by the analysts, while a rise to estimated low would result in gain of 3.54% for the stock. However, touching the estimated high of $6.50 would mean a gain of 3.54% for the stock.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 55 times over the past 12 months. They bought 3,570,766 shares in 29 of the transactions. In 26 selling transactions, insiders dumped 2,458,832 shares.

Genworth Financial Inc (NYSE: GNW) started trading at $6.36, below -$0.08 from concluding price of the previous day. However, the stock later moved at a day high price of 6.39, or with a loss of -2.64%. Stock saw a price change of -5.57% in past 5 days and over the past one month there was a price change of -0.32%. Year-to-date (YTD), GNW shares are showing a performance of -6.14% which increased to 21.04% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.51 but also hit the highest price of $6.93 during that period. The average intraday trading volume for Genworth Financial Inc shares is 2.74 million. The stock is currently trading -5.21% below its 20-day simple moving average (SMA20), while that difference is up 0.97% for SMA50 and it goes to 8.41% higher than SMA200.

Genworth Financial Inc (NYSE: GNW) currently have 495.00M outstanding shares and institutions hold larger chunk of about 80.31% of that.

The stock has a current market capitalization of $2.83B and its 3Y-monthly beta is at 1.06. PE ratio of stock for trailing 12 months is 7.64, while it has posted earnings per share of $0.82 in the same period. Its PEG reads 1.53 while making debt-to-equity ratio of 0.20. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GNW, volatility over the week remained 2.97% while standing at 2.65% over the month.

Analysts are in expectations that Genworth Financial Inc (GNW) stock would likely to be making an EPS of $Corning Incorporated in the current quarter, while forecast for next quarter EPS is $30.74 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $Global Net Lease, Inc. which is $Genworth Financial Inc at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $W.W. Grainger, Inc. in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -39.52% while it is estimated to increase by 6.67% in next year. EPS is likely to grow at an annualized rate of 5.00% for next 5-years, compared to annual growth of -6.27% made by the stock over the past 5-years.

Analysts at 2 brokerage firms have issued recommendations for the Genworth Financial Inc (GNW)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 2 Wall Street analysts, 0 recommended a “Buy” rating, while 2 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

Most Popular

Related Posts