Wells Fargo has recently resumed Genworth Financial Inc (GNW) stock to Market Perform rating, as announced on September 23, 2016, according to Finviz. Earlier, on May 5, 2016, Compass Point had reiterated the stock to Buy, setting a price target of $5.25 for GNW stock. Compass Point also reiterated Buy rating with a price target of $5.50. Additionally, Goldman initiated Neutral rating on November 17, 2015, with a target price of $5. UBS analysts, in their report published on November 4, 2015, also reduced Sell rating and set a price target of $4.25 for Genworth Financial Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Genworth Financial Inc (GNW) Stock Trading Recap
On Thursday, Genworth Financial Inc (GNW) stock saw a modest uptick, ending the day at $7.27 which represents a slight increase of $0.07 or 0.97% from the prior close of $7.2. The stock opened at $7.27 and touched a low of $7.18 during the day, reaching a high of $7.28. The volume of shares traded was 5.12 million exceeding the average volume of 3.51 million.
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GNW Stock Performance and Moving Averages
In recent trading, Genworth Financial Inc (GNW) stock price has shown some volatility, fluctuating -1.76% over the last five trades and 7.86% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 11.50%, and it has gained 0.83% in the previous three months. Currently, GNW is trading at 0.81%, 1.29%, and 7.19% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, GNW, a Financial sector stock, is trading -7.97% below its 52-week high but remains 28.22% above its 52-week low. The Average True Range (ATR) (14 days) of 0.14 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Genworth Financial Inc’s Profitability and Valuation Ratios
Genworth Financial Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 6.47% and a profit margin of 1.27%, with a gross margin of 11.50%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Genworth Financial Inc’s market capitalization stands at $3.10 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 35.57, assessing the company’s valuation relative to its earnings. The forward P/E ratio, which uses projected earnings for the next financial year, is 8.21. Additionally, the Price-to-Sales Ratio is 0.45, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.37, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 2.00% of Genworth Financial Inc (GNW)’s shares, while financial institutions hold 85.74%.
Notable insider trades include McInerney Thomas J, President and CEO; Director at Genworth Financial Inc (GNW), who sold 150000 shares on Aug 26 ’24, at $6.88 each, totaling $1.03 million. On May 24 ’24, McInerney Thomas J, President and CEO; Director, sold 200000 shares for $6.27 each, amounting to $1.25 million.
