Unum Group (NYSE: UNM) has reported earnings for its fourth fiscal quarter (ending December 31) of $1.70 versus $1.46 for the same period a year ago — an increase of 16%. However, this result fell short of the consensus estimate of $1.86 by $-0.16. For the latest four quarters through December 31, E.P.S. were $6.53 versus $7.01 for the same period a year ago — a decline of -7%.
Recent Price Action
Unum Group (NYSE: UNM) stock increased 1.8% on 1/30/24. The shares closed at $47.84. Moreover, above average trading volume at 137% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 2.5% during the last week.
Current PriceTarget Research Rating
UNM is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Unum Group has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Unum Group has a neutral Power Rating of 53 and a slightly positive Appreciation Score of 60, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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