The stock price of Genworth Financial Inc (NYSE: GNW) has plunged by -1.42 when compared to previous closing price of 6.35, but the company has seen a -1.26% decline in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-07 that Investors should keep their eyes on these best penny stocks to buy in April for substantial gains for the rest of the year. Penny stocks are more affordable than their higher-priced counterparts, allowing investors with limited capital to participate in the stock market and build a diversified portfolio.
Is It Worth Investing in Genworth Financial Inc (NYSE: GNW) Right Now?
Genworth Financial Inc (NYSE: GNW) has a price-to-earnings ratio of 6260.00x that is above its average ratio. Additionally, the 36-month beta value for GNW is 1.08. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for GNW is 433.65M and currently, short sellers hold a 1.85% ratio of that float. The average trading volume of GNW on April 09, 2024 was 2.70M shares.
GNW’s Market Performance
The stock of Genworth Financial Inc (GNW) has seen a -1.26% decrease in the past week, with a 1.29% rise in the past month, and a -6.85% fall in the past quarter. The volatility ratio for the week is 2.35%, and the volatility levels for the past 30 days are at 2.29% for GNW. The simple moving average for the last 20 days is -1.08% for GNW stock, with a simple moving average of 4.37% for the last 200 days.
Analysts’ Opinion of GNW
Compass Point, on the other hand, stated in their research note that they expect to see GNW reach a price target of $5.25, previously predicting the price at $5.50. The rating they have provided for GNW stocks is “Buy” according to the report published on May 05th, 2016.
Compass Point gave a rating of “Buy” to GNW, setting the target price at $5.50 in the report published on February 08th of the previous year.
GNW Trading at 0.44% from the 50-Day Moving Average
After a stumble in the market that brought GNW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.67% of loss for the given period.
Volatility was left at 2.29%, however, over the last 30 days, the volatility rate increased by 2.35%, as shares surge +0.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.79% lower at present.
During the last 5 trading sessions, GNW fell by -1.26%, which changed the moving average for the period of 200-days by +23.96% in comparison to the 20-day moving average, which settled at $6.33. In addition, Genworth Financial Inc saw -6.29% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GNW starting from McInerney Thomas J, who sale 200,000 shares at the price of $6.18 back on Dec 04 ’23. After this action, McInerney Thomas J now owns 3,270,010 shares of Genworth Financial Inc, valued at $1,235,400 using the latest closing price.
McInerney Thomas J, the President and CEO; Director of Genworth Financial Inc, sale 200,000 shares at $6.01 during a trade that took place back on Aug 11 ’23, which means that McInerney Thomas J is holding 3,470,010 shares at $1,201,200 based on the most recent closing price.
Stock Fundamentals for GNW
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 1.0 for the gross margin
The net margin for Genworth Financial Inc stands at 0.01. The total capital return value is set at 0.0. Equity return is now at value 0.18, with 0.02 for asset returns.
Based on Genworth Financial Inc (GNW), the company’s capital structure generated 0.18 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 3.65.
Currently, EBITDA for the company is 199.0 million with net debt to EBITDA at -1.73. When we switch over and look at the enterprise to sales, we see a ratio of 0.4. The receivables turnover for the company is 0.29for trailing twelve months and the total asset turnover is 0.08.
Conclusion
In conclusion, Genworth Financial Inc (GNW) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
