Genworth Financial Inc. Hits New 52-Week High at $13.93 (GNW)
Shares of Genworth Financial (NYSE:GNW) hit a new 52-week high during trading on Friday, ARN reports. The stock traded as high as $13.93 and last traded at $13.91, with a volume of 6,940,807 shares trading hands. The stock had previously closed at $13.64.
A number of analysts have recently weighed in on GNW shares. Analysts at BTIG Research upgraded shares of Genworth Financial from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, October 8th. They now have a $17.50 price target on the stock. Separately, analysts at UBS AG raised their price target on shares of Genworth Financial from $11.50 to $13.00 in a research note to investors on Wednesday, September 25th. They now have a “neutral” rating on the stock. Finally, analysts at Zacks upgraded shares of Genworth Financial from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, August 26th. They now have a $13.00 price target on the stock. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $13.17.
Genworth Financial has a 52 week low of $5.10 and a 52 week high of $13.79. The stock has a 50-day moving average of $12.55 and a 200-day moving average of $11.61. The company has a market cap of $6.870 billion and a price-to-earnings ratio of 15.27.
Genworth Financial (NYSE:GNW) last posted its quarterly earnings results on Tuesday, July 30th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The company had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.45 billion. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. Analysts expect that Genworth Financial will post $1.11 EPS for the current fiscal year.
Genworth Financial, Inc (NYSE:GNW) is a financial security company.
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