Home Sectors Financial Services Love or Hate: Genworth Financial Inc (NYSE: GNW)

Love or Hate: Genworth Financial Inc (NYSE: GNW)

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Genworth Financial Inc trades as part of the financial services sector and is in the insurance industry. The company CEO is Thomas J. McInerney. Genworth Financial Inc is a insurance holding company which operates in mortgage insurance and long-term care insurance. Its products include long-term care insurance, life insurance and fixed annuities businesses and others.

Previous Intraday Trading Performance:

The GNW stock showed a previous change of 2.88% with an open at 3.15 and a close of 3.22. It reached an intraday high of 3.23 and a low of 3.10.

SeekingAlpha:  Genworth: Merger In Jeopardy

Liquidity:

The stock has a market cap of $1.6b with 503.3m shares outstanding, of which the float is 498.8m shares. Trading volume reached 4,895,576 shares compared to its average volume of 3,013,929 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Genworth Financial Inc shares returned 2.22% and in the past 30 trading days it returned -16.36%. Over three months, it changed -17.22%. In one year it has changed -9.30% and within that year its 52-week high was 5.02 and its 52-week low was 2.89. GNW stock is 11.42% above its 52 Week Low.

Our calculations show a 200 day moving average of 4.20 and a 50 day moving average of 3.66. Currently GNW stock is trading -23.38% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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Earnings:

The last annual fiscal EPS for the company was reported at 0.24 that ended on 31st of December 2018, which according to the previous close, that is a PE of 13.42. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.26. The TTM EPS is 0.36, which comes to a TTM PE of 8.94.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 0.34
4thQtr of 2018 (Reported on 02/05/2019): -0.66
3rdQtr of 2018 (Reported on 10/30/2018): 0.29
2ndQtr of 2018 (Reported on 07/31/2018): 0.38
1stQtr of 2018 (Reported on 05/01/2018): 0.22

Indicators to Watch:

Short-interest was 23,770,615, which was 4.72% of shares outstanding. The short-interest ratio or days-to-cover ratio was 8.80. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.63.

SeekingAlpha:  Merger Arbitrage Mondays – Cypress Semiconductor Deal Speculation Confirmed

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 1.45%, return on assets is 0.18%, profit margin is 4.32%, price-to-sales is 0.18 and price-to-book is 0.12.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 4  :Financial Strength Score
 3  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.