Genworth Financial Inc [NYSE: GNW] gained 3.31% or 0.23 points to close at $7.18 with a heavy trading volume of 11399374 shares.
The daily chart for GNW points out that the company has recorded -3.49% loss over the past six months.
If we look at the average trading volume of 7.08M shares, GNW reached to a volume of 11399374 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 $8.50 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 0.19, with the Price to Sales ratio for GNW stock in the period of the last 12 months amounting to 0.42. The Price to Book ratio for the last quarter was 0.34. Price to Free Cash Flow for GNW in the course of the last twelve months was 12.99.
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 3.91. With this latest performance, GNW shares gained by 1.99% in over the last four-week period, additionally sinking by -3.49% over the last 6 months – not to mention a rise of 17.90% in the past year of trading.
Genworth Financial Inc [GNW]: An earnings per share (EPS) analysis
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 1.06%.
An analysis of Institutional ownership at Genworth Financial Inc [GNW]
The top three institutional holders of GNW stocks are: BLACKROCK INC. with ownership of 62.92 million shares, which is approximately 14.4184%. 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 6.9878%.
