MGIC Investment Corporation (NYSE:MTG) went up by 0.07% from its latest closing price when compared to the 1-year high value of $14.97 and move down -8.09%, while MTG stocks collected -3.15% of loss with the last five trading sessions.
MGIC Investment Corporation (NYSE:MTG) Worth an Investment?
MGIC Investment Corporation (NYSE: MTG) scored price to earnings ratio above its average ratio, recording 7.66 times of increase in earnings at the present.
MTG Market Performance
MTG stocks went down by -3.15% for the week, with the monthly drop of -0.07% and a quarterly performance of 5.73%, while its annual performance rate touched 22.78%. The simple moving average for the period of the last 20 days is -0.40% for MTG stocks with the simple moving average of 9.34% for the last 200 days.
Analysts’ Opinion on MGIC Investment Corporation (NYSE:MTG)
Many brokerage firms have already submitted their reports for MTG stocks, with Compass Point repeating the rating for MTG shares by setting it to “Buy”. The predicted price for MTG socks in the upcoming period according to Compass Point is $16.50 based on the research report published on October 22, 2018.
BofA/Merrill, on the other hand, stated in their research note that they expect to see MTG stock at the price of $16.50. The rating they have provided for MTG stocks is “Underperform” according to the report published on June 13, 2018.
Wells Fargo gave “ Market Perform” rating to MTG stocks, setting the target price at $16.50 in the report published on April 19, 2018.
MTG Stocks -1.10% Far from 50 Day Moving Average
After a stumble in the market that brought MTG to its low price for the period of the last 52 weeks, MGIC Investment Corporation was unable to take a rebound, for now settling with -7.48% of loss for the given period.
The stock volatility was left at 1.92%, however, within the period of a single month, the volatility rate increased by 1.95%, while the shares sank at the distance of -0.36% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +2.21% upper at the present time.
In the course of the last 5 trading sessions, MTG went down by -3.15%, which changed the moving average for the period of 200 days to the total of +9.49% of gains for the stock in comparison to the 20-day moving average settled at $13.90. In addition, MGIC Investment Corporation saw 32.41% in overturn over the period of a single year with a tendency to cut further gains.
MTG Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at MGIC Investment Corporation (MTG), starting from LEHMAN MICHAEL E, who bought 7,000 shares at the price of $11.70 back on Oct 26. After this action, Rushing now owns 29,989 shares of MGIC Investment Corporation, valued at $81,879 with the latest closing price.
MTG Stock Fundamentals
The current profitability levels are settled at +79.86 for the present operating margin. The net margin for MGIC Investment Corporation stands at +59.53. Total capital return value is set at 21.41, while invested capital returns managed to touch 15.96. Equity return holds the value 19.10%, with 11.90% for asset returns.
Based on MGIC Investment Corporation (MTG), the company’s capital structure generated 23.22 points for debt to equity in total, while total debt to capital is set at the value of 18.84. Total debt to assets is settled at the value of 14.61 with long-term debt to equity ratio rests at 23.22 and long-term debt to capital is 18.84.
The value for Enterprise to Sales is 4.97 with debt to enterprise value settled at 0.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.