Genworth Financial Inc [NYSE: GNW] gained 1.74% or 0.13 points to close at $7.62 with a heavy trading volume of 3330611 shares.
The daily chart for GNW points out that the company has recorded 20.95% gains over the past six months.
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If we look at the average trading volume of 2.62M shares, GNW reached to a volume of 3330611 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Genworth Financial Inc [GNW]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GNW shares is $8.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GNW stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Genworth Financial Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 23, 2016. While these analysts kept the previous recommendation, Compass Point dropped their target price from $5.50 to $5.25. The new note on the price target was released on May 05, 2016, representing the official price target for Genworth Financial Inc stock. Previously, the target price had yet another drop from $7.50 to $5.50, while Compass Point kept a Buy rating on GNW stock.
The Average True Range (ATR) for Genworth Financial Inc is set at 0.17, with the Price to Sales ratio for GNW stock in the period of the last 12 months amounting to 0.47. The Price to Book ratio for the last quarter was 0.39. Price to Free Cash Flow for GNW in the course of the last twelve months was 15.64.
Trading performance analysis for GNW stock
Genworth Financial Inc [GNW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.96. With this latest performance, GNW shares gained by 10.60% in over the last four-week period, additionally plugging by 20.95% over the last 6 months – not to mention a rise of 31.61% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GNW stock in for the last two-week period is set at 69.73, with the RSI for the last a single of trading hit 75.59, and the three-weeks RSI is set at 66.13 for Genworth Financial Inc [GNW]. The present Moving Average for the last 50 days of trading for this stock 6.97, while it was recorded at 7.46 for the last single week of trading, and 6.49 for the last 200 days.
Genworth Financial Inc [GNW]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Genworth Financial Inc posted -0.51/share EPS, while the average EPS was predicted by analysts to be reported at 0.17/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.68. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GNW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Genworth Financial Inc go to 5.00%.
An analysis of Institutional ownership at Genworth Financial Inc [GNW]
There are presently around $87.27%, or 88.95%% of GNW stock, in the hands of institutional investors. The top three institutional holders of GNW stocks are: BLACKROCK INC. with ownership of 62.92 million shares, which is approximately 14.2036%. VANGUARD GROUP INC, holding 50.28 million shares of the stock with an approximate value of $$303.7 million in GNW stocks shares; and VANGUARD GROUP INC, currently with $$184.19 million in GNW stock with ownership which is approximately 6.8837%.
