Alert: Positive Investment/Fundamental Signals (11/9/23)-Enstar Group Ltd (NASDAQ: ESGR)


Recent extremely meaningful positive changes in investment behavior have benefitted Enstar Group Ltd (NASDAQ: ESGR): the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

Enstar Group Ltd (NASDAQ: ESGR) has recently enjoyed small positive changes in fundamentals: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

ESGR’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.

Enstar Group has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Enstar Group has a neutral Appreciation Score of 47 but a good Power Rating of 76, and the High Neutral Value Trend Rating results.

Recent Price Action

Enstar Group Ltd (NASDAQ: ESGR) stock rose modestly by 0.8% on 11/9/23. The stock closed at $256.81. The stock has risen 7.2% during the last week and has been strong relative to the market over the last nine months.

Be the first to comment

Leave a Reply

Your email address will not be published.