JP Morgan raised the price target for the Chubb Limited (NYSE:CB) stock from “an Overweight” to “a Neutral”. The rating was released on January 04, 2021. We previously noted in another research note published on December 22, 2020 by BofA Securities that downgraded the stock from a Neutral to an Underperform with a price target of $138 for CB stock. The research report from Citigroup has upgraded the stock from Neutral to Buy, with a price target set at $176. The stock was upgraded by Raymond James, who disclosed in a research note on November 24, 2020, from Outperform to Strong Buy and set the price objective to $180. In their research brief published November 17, 2020, Barclays analysts initiated the Chubb Limited stock to Overweight with a price target of $171.
Historical Earnings Surprises and Revenue Forecasts
Profit is the most critical financial performance measure. Every investor in a business is looking forward to the earnings report as stock price to increase when earnings exceed market expectations and progressively decrease when earnings do not meet expectations. The firm reported an earnings per share (EPS) of $3.18 during the last quarter as opposed to a consensus estimate of $2.82, which indicates the company beat its estimate by $0.36, which implies that the company surprised the market by 12.80%. It appears that the average earnings per share estimate for the current quarter (ending in Mar 2021) is $2.54. This is an average of 18 analysts’ earnings, where the high earnings per share estimate is $3.09 and the low earnings per share estimate is $1.55. According to 8 analyst estimates, an average revenue estimate of $7.68B is projected for the current quarter with a high revenue estimate of $7.82B and a low estimate of $7.55B.
The latest trade, Performances and Moving Averages give us the following Picture
The share price of Chubb Limited (NYSE:CB) raised 1.12% to close Thursday’s market session at $166.92, higher as compared to yesterday’s close. The stock price fluctuated between $163.41 and $168.729 throughout the trading session with the volume trading being 2798931 shares, which represented a significant variation when compared to the three months average volume of 1.98 million shares. The firm’s stock price fluctuated 2.97% within the last five trades and 6.06% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 39.92% in the last 6 months and 6.20% was added to its value over the previous 3 months. CB stock is trading at a margin of 3.81%, 1.34% and 16.24% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
As of the close of trading, CB deals in the Financial domain. The stock is trading -6.75 percent below its 52-week high and 79.30 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is 56.59. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does Chubb Limited’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at 10.20 percent and the profit margin is 9.80 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $74.75 billion as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for Chubb Limited (NYSE:CB) is 21.42. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 13.28. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 2.08 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.27, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 0.50 percent of Chubb Limited shares are owned by insiders, and 89.80 percent are held by financial institutions. Lupica John J, the Vice Chrm, Chubb Group* at Chubb Limited (CB) has sold 4,337 shares of firm on Mar 15 at a price of $175.03 against the total amount of $0.76 million. In another inside trade, KRUMP PAUL J, Vice Chairman, Chubb Group* of Chubb Limited (NYSE:CB) sold 5,900 shares of the firm on Feb 23 for a total worth of $1.01 million at a price of $170.60. An inside trade which took place on Feb 10, Director of Chubb Limited ATIEH MICHAEL G sold 1,000 shares of firm against total price of $0.17 million at the cost of $165.36 per share.