Genworth Financial Given Buy Rating at Compass Point (GNW)
Genworth Financial (NYSE:GNW)‘s stock had its “buy” rating restated by Compass Point in a research note issued on Thursday, American Banking News.com reports. They currently have a $23.00 price target on the stock. Compass Point’s target price would suggest a potential upside of 28.13% from the company’s current price.
Genworth Financial (NYSE:GNW) traded up 0.56% on Thursday, hitting $17.95. 8,235,021 shares of the company’s stock traded hands. Genworth Financial has a 1-year low of $10.10 and a 1-year high of $18.58. The stock’s 50-day moving average is $17.26 and its 200-day moving average is $15.70. The company has a market cap of $8.892 billion and a price-to-earnings ratio of 15.85.
Genworth Financial (NYSE:GNW) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $0.39 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.04. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same quarter in the prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up .8% on a year-over-year basis. Analysts expect that Genworth Financial will post $1.45 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on GNW. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of Genworth Financial in a research note on Wednesday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Genworth Financial in a research note on Wednesday. They now have a $18.00 price target on the stock. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Genworth Financial in a research note on Wednesday, April 16th. They now have a $17.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Genworth Financial currently has a consensus rating of “Buy” and a consensus price target of $17.31.
Genworth Financial, Inc (NYSE:GNW) is a financial security company.
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