NEW YORK (TheStreet) -- Hartford Financial Services shares are down 0.94% to $39.19 in trading on Tuesday after the company reported mixed fourth quarter financial results after the closing bell yesterday. The Hartford, CT-based company reported fourth quarter revenue of $4.617 billion, short of the $6.09 billion the company reported during the same period last year, and short of the $4.69 billion analysts were expecting this quarter. The company reported earnings of $382 million, or 96 cents per diluted share, beating analysts' estimates by three cents. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings team rates HARTFORD FINANCIAL SERVICES as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation: "We rate HARTFORD FINANCIAL SERVICES (HIG) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow." Highlights from the analysis by TheStreet Ratings Team goes as follows: You can view the full analysis from the report here: HIG Ratings Report HIG data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Click to view a price quote on HIG. Click to research the Insurance industry.
from Latest TSC Headlines http://ift.tt/1zbyOAO
No comments:
Post a Comment