At the last check on Friday, Genworth Financial Inc.’s (NYSE:GNW) stock was up $0.13, moving up 2.17 percent to $6.12. The average number of shares traded per day over the past five days has been 2,063,938 shares. 3 times new highs have been achieved over the past 5 days, with a $0.41 gain in that time frame. In the last twenty days, the average volume was 2,014,844, while in the previous 50 days, it was 2,978,060.
Since last month, GNW stock rose 14.61%. Shares of the company fell to $5.12 on 07/05/23, the lowest level in the past month. A 52-week high of $6.40 was reached on 02/15/23 after having rallying from a 52-week low of $3.44. Since the beginning of this year, GNW’s stock price has risen by 15.69% or $0.82, and marked a new high 14 times. However, the stock has declined by -4.38% since its 52-week high.
GNW stock investors should be aware that Genworth Financial Inc. (GNW) stock had its last reported insider trading activity 74 days ago on May 22. McInerney Thomas J, the President and CEO; Director of the company, disposed of 125,000 shares for $5.52 on May 22. It resulted in a $690,500 divestment by the insider. Gupta Rohit sold 90,691 shares at an average price of $6.25 on Feb 17. The insider now owns 258,579 shares following the transaction. On Feb 14, EVP, CFO & CIO Sheehan Daniel J IV sold 350,000 shares at $6.25 apiece. The transaction was valued at $2,188,200.
Valuation Metrics
Right now, Genworth Financial Inc. (GNW) has a P/E ratio of about 5.98. The stock’s beta is 1.00. Besides these, the trailing price-to-sales (P/S) ratio of 0.39, the price-to-book (PB) ratio of 0.41, and the price-to-cash flow ratio of 2.50 may also be considered.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.22, and the total debt-to-equity ratio was 0.22. In the year ended March 30, operating margins totaled 13.10%. Based on annual data, GNW earned $978.0 million in gross profit and brought in $7.51 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.10%. Return on equity (ROE) for the past 12 months was 5.80%.
In Genworth Financial Inc.’s quarter-end financial report for March 30, it reported total debt of $1.6 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. GNW’s revenue fell -2.05% to $1.9 billion during the quarter, while net income inched up to $1.85 billion. While analysts expected Genworth Financial Inc. to report $0.2 quarterly earnings, the actual figure was $0.12 per share. During the quarter, the company generated $209.0 million in EBITDA. The value of shareholders’ equity is $477.95 million.
Technical Picture
This quick technical analysis looks at Genworth Financial Inc.’s (GNW) price momentum. With a historical volatility rate of 19.52%, the RSI 9-day stood at 77.30% on 03 August.
With respect to its five-day moving average, the current Genworth Financial Inc. price is up by +7.11% percent or $0.41. At present, GNW shares trade +9.61% above its 20-day simple moving average and +16.95% percent above its 100-day simple moving average. However, the stock is currently trading approximately +11.00% above its SMA50 and +40.99% above its SMA200.
Stochastic coefficient K was 86.83% and Stochastic coefficient D was 86.44%, while ATR was 0.15. Given the Stochastic reading of 92.04% for the 14-day period, the RSI (14) reading has been calculated as 70.82%. As of today, the MACD Oscillator reading stands at 0.18, while the 14-day reading stands at 0.25.
Analyst Ratings
Genworth Financial Inc. (GNW) has been rated Hold by analysts. According to 0 brokerage firms, GNW is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Genworth Financial Inc. stock as buy, with 0 recommending it as overweight.
With a median target price of $6.00, the current consensus forecast for the stock is $6.00 – $6.00. Based on these forecasts, analysts predict Genworth Financial Inc. (GNW) will achieve an average price target of $6.00.
