Value gained By Genworth Financial Inc. (GNW) In The Past Week: $3.98

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Genworth Financial Inc. (NYSE:GNW) finished Wednesday with a subtraction of -$0.06 to close at $3.85, a downside of -1.53 percent. An average of 3,583,220 shares of common stock have been traded in the last five days. There was a fall of -$0.10 in the past week, and it reached a new high 15 times over the past 12 months. The last 20 days have seen an average of 2,854,565 shares traded, while the 50-day average volume stands at 2,945,586.

GNW stock has decreased by -10.88% in the last month. The company shares reached their 1-month lowest point of $3.78 on 09/16/22. With the stock rallying to its 52-week high on 01/13/22, shares of the company touched a low of $3.32 and a high of $4.61 in 52 weeks. It has reached a new high 7 times so far this year and lost -4.94% or -$0.20 in price. In spite of this, the price is down -16.49% from the 52-week high.


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Insider Transactions

45 days have passed since Genworth Financial Inc. (GNW) last reported insider trading activity. McInerney Thomas J, who is President and CEO; Director, most recently acquired $100,000 shares at $4.25 per share on Aug 08. In this transaction, the insider spent $425,400. President and CEO; Director, McInerney Thomas J, disposed of 100,000 shares at a price of $3.95 on May 24. The insider now owns more than $394,700 worth of shares. Prior to that, President and CEO; Director McInerney Thomas J went on to Sale 150,000 shares at $4.17 each on Feb 22. An amount of $625,950 was transacted.

Valuation Metrics

Genworth Financial Inc. (GNW) has a trailing price-to-earnings (P/E) ratio of 2.48. The stock’s beta is 0.97. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.26, the price-to-book (PB) ratio at 0.17, and the price-to-cash flow ratio at 3.56.

Financial Health

Further, the company has a long term debt to equity ratio of 0.15 and a total debt to equity ratio of 0.15 for the quarter ending June 29. Its gross profit as reported stood at $1.18 billion compared to revenue of $7.83 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Genworth Financial Inc.’s return on assets was 0.80%.

Earnings Surprise

For the three-month period that ended June 29, Genworth Financial Inc. had $1.77 billion in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $181.0 million in the quarter, while revenues were shrunk -32.6%. The analyst consensus anticipated Genworth Financial Inc.’s latest quarter earnings to come in at $0.27 per share, but it turned out to be $0.35, a 29.60% surprise. For the quarter, EBITDA amounted to $353.0 million. At the end of the quarter ending June 29, Genworth Financial Inc.’s stock balance sheet showed total debt was $2.12 billion. Shareholders own equity worth $503.72 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Genworth Financial Inc. (GNW) price momentum. RSI 9-day as of the close on 21 September was 27.51%, suggesting the stock is oversold, with historical volatility in this time frame at 20.17%.

As of today, GNW’s price is $3.89 -2.53% or -$0.10 from its 5-day moving average. GNW is currently trading -11.90% lower than its 20-day SMA and +1.05% higher than its 100-day SMA. However, the stock’s current price level is +0.26% above the SMA50 and -1.28% below the SMA200.

The stochastic %K and %D were 23.36% and 21.84%, respectively, and the average true range (ATR) was 0.12. With the 14-day stochastic at 15.56% and the average true range at 0.12, the RSI (14) stands at 34.02%. The stock has reached -0.07 on the 9-day MACD Oscillator while the 14-day reading was at -0.10.

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