Global Updates

Analysts Activity: Genworth Financial Inc (NYSE:GNW)

Genworth Financial Inc (NYSE:GNW) shares traded -6.93% during the most recent session the stock exchanged hands 12.90M shares versus average trading capacity of 7.00M shares, yielding a market cap of $1.85B. Wall Street analysts covering the stock are projecting that the stock will reach $4.00 within the next 52-weeks. The mean target projections are based on 1 opinion, the mean target was last revised on 09/19/16.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Genworth Financial Inc (NYSE:GNW) high price target of $4.00 and with a conservative view have low price target of $4.00 with a standard deviation of $0.00. Genworth Financial Inc (NYSE:GNW) closed at $3.76.

Genworth Financial Inc (NYSE:GNW) received “Resumed” rating by Wells Fargo in a research note issued to investors on Sep-23-16 as Market Perform.

Additionally on May-05-16 Genworth Financial Inc (NYSE:GNW) was “Reiterated” by Compass Point as Buy from $5.50 to $5.25 and on Feb-08-16 the stock was “Reiterated” by Compass Point as Buy from $7.50 to $5.50. Furthermore on Nov-17-15 the stock was “Initiated” by Goldman as Neutral at $5.

On the other hand the company has Relative Strength Index (RSI 14) of 33.55 along with Average True Range (ATR 14) of 0.14, Consequently Genworth Financial Inc (NYSE:GNW) weekly and monthly volatility is 3.57%, 3.20% respectively. The company’s beta value is at 2.61.

In terms of Buy, Sell or Hold recommendations, Genworth Financial Inc (NYSE:GNW) has an analysts’ mean recommendation of 3.00. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Genworth Financial Inc (NYSE:GNW) will report earnings of $0.23 for the current quarter on or around 5/2/2017 After Market Close, however the company’s high EPS estimates are $0.25 and low estimates are $0.19. However the company reported $0.21 earnings per share for the same quarter during last year.

Previously Genworth Financial Inc (NYSE:GNW) reported -$0.27 earnings per share (EPS) for the quarter on 2/7/2017 After Market Close, missing the consensus estimate of $0.21 by -$0.48. The company posted an earnings surprise of -228.57%.

While considering growth estimates of the company, it has next quarter growth estimates of -8.00% whereas during current quarter it has 9.50% estimations over growth, comparing to the estimations of 239.70% during current year and 3.40% for next year. Past 5 years growth of Genworth Financial Inc (NYSE:GNW) observed at 19.95%, looking forward for the next 5 years it has a strong prediction of 5.00% over growth.

Genworth Financial Inc (NYSE:GNW) revenue estimates for the current quarter are $2.14B according to 3 number of analysts, for the current quarter the company has high revenue estimates of $2.15B in contradiction of low revenue estimates of $2.12B. For the current year the company’s revenue estimates are $8.57B compared to low analyst estimates of $8.46B and high estimates of $8.63B according 3 number of analysts.

Currently Genworth Financial Inc (NYSE:GNW) shares owned by insiders are 0.10%, whereas shares owned by institutional owners are 71.80%. However the six-month change in the insider ownership was recorded 0.00%, as well as three-month change in the institutional ownership was recorded 0.08%.

Genworth Financial Inc (NYSE:GNW) trading -28.65% away from its 52 week high of $5.27 and +66.37% far from the stock’s low point over the past 52 weeks, which was $2.26. The stock hit its 52-week high on 10/11/16, and 52-week low on 07/06/16. The company’s trailing twelve month income is -248.00M dollars.

Genworth Financial Inc (NYSE:GNW) trailing twelve month revenues are $8.41B, whereas its price to sales ratio for the same period is 0.23. Its book value per share for the most recent quarter is $25.37 while its price to book ratio for the same period is 0.15, as for as the company’s cash per share for the most recent quarter is $5.50, however its price to cash per share ratio for the same period is 0.68. The stock has a current PEG ratio of 0.93 where as its trailing twelve month P/E ratio is -6.74.

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