Genworth Financial Inc (GNW) Shares Up Despite Recent Market Volatility

The stock price of Genworth Financial Inc (NYSE: GNW) has jumped by 0.64 compared to previous close of 7.77. Despite this, the company has seen a gain of 5.53% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-08 that In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, Hewlett Packard Enterprise, Vertex Pharmaceuticals, and several others. Readers are encouraged to engage with the new analysts, share thoughts on their picks, and join the conversation.

Is It Worth Investing in Genworth Financial Inc (NYSE: GNW) Right Now?

The price-to-earnings ratio for Genworth Financial Inc (NYSE: GNW) is 38.26x, which is above its average ratio. Moreover, the 36-month beta value for GNW is 0.99. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”

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The public float for GNW is 418.58M and currently, short sellers hold a 1.54% of that float. On November 26, 2024, GNW’s average trading volume was 2.67M shares.

GNW’s Market Performance

GNW stock saw an increase of 5.53% in the past week, with a monthly gain of 16.02% and a quarterly increase of 14.16%. The volatility ratio for the week is 1.63%, and the volatility levels for the last 30 days are 2.19% for Genworth Financial Inc (GNW). The simple moving average for the past 20 days is 9.10% for GNW’s stock, with a 20.18% simple moving average for the past 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 11.44% 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 able to rebound, for now settling with 0.64% of gains for the given period.

Volatility was left at 2.19%, however, over the last 30 days, the volatility rate increased by 1.63%, as shares surge +15.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.02% upper at present.

During the last 5 trading sessions, GNW rose by +5.53%, which changed the moving average for the period of 200-days by +26.13% in comparison to the 20-day moving average, which settled at $7.17. In addition, Genworth Financial Inc saw 17.07% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GNW starting from McInerney Thomas J, who sale 150,000 shares at the price of $6.88 back on Aug 26 ’24. After this action, McInerney Thomas J now owns 4,532,954 shares of Genworth Financial Inc, valued at $1,031,700 using the latest closing price.

McInerney Thomas J, the Officer of Genworth Financial Inc, proposed sale 150,000 shares at $6.88 during a trade that took place back on Aug 26 ’24, which means that McInerney Thomas J is holding shares at $1,031,721 based on the most recent closing price.

Stock Fundamentals for GNW

Current profitability levels for the company are sitting at:

  • 0.08 for the present operating margin
  • 0.97 for the gross margin

The net margin for Genworth Financial Inc stands at 0.02. The total capital return value is set at 0.01. Equity return is now at value 1.16, with 0.14 for asset returns.

Based on Genworth Financial Inc (GNW), the company’s capital structure generated 0.16 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.19. The interest coverage ratio of the stock is 1.13.

Currently, EBITDA for the company is 461.0 million with net debt to EBITDA at -0.91. When we switch over and look at the enterprise to sales, we see a ratio of 0.4.

Conclusion

To wrap up, the performance of Genworth Financial Inc (GNW) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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