Wednesday, February 11, 2015

Voya Financial (VOYA) Stock Rose Today on Strong Earnings

NEW YORK (TheStreet) -- Voya Financial shares closed trading up 2.12% to $42.44 in trading on Wednesday after the financial services company reported its fourth quarter earnings before the opening bell today. The company reported operating earnings of 99 cents per diluted share, beating analysts' earnings estimate of 75 cents per share by 24 cents. The company also announced that it was authorizing an additional $750 million of share repurchases. Including the newly authorized amount, the company's aggregate share repurchase authorization is $761 million. 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 VOYA FINANCIAL INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate VOYA FINANCIAL INC (VOYA) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and poor profit margins." Highlights from the analysis by TheStreet Ratings Team goes as follows: You can view the full analysis from the report here: VOYA Ratings Report VOYA 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.


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