The Hartford Financial Services Group Inc. (NYSE:HIG) went up by 3.20% from its latest closing price compared to the recent 1-year high of $61.32. The company’s stock price has collected 8.11% of gains in the last five trading sessions. Press Release reported on 12/17/20 that The Hartford Announces $1.5 Billion Share Repurchase Authorization
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Is It Worth Investing in The Hartford Financial Services Group Inc. (NYSE :HIG) Right Now?
The Hartford Financial Services Group Inc. (NYSE:HIG) scored a price-to-earnings ratio above its average ratio, recording 10.85 x from its present earnings ratio. Plus, the 36-month beta value for HIG is at 1.03. Opinions of the stock are interesting as 14 analysts out of 18 who provided ratings for The Hartford Financial Services Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $55.75, which is $1.64 above the current price. HIG currently public float of 356.80M and currently shorts hold a 1.32% ratio of that float. Today, the average trading volume of HIG was 2.38M shares.
HIG’s Market Performance
HIG stocks went up by 8.11% for the week, with a monthly jump of 9.41% and a quarterly performance of 32.84%, while its annual performance rate touched -12.84%. The volatility ratio for the week stands at 3.02% while the volatility levels for the past 30 days are set at 2.37% for The Hartford Financial Services Group Inc.. The simple moving average for the period of the last 20 days is 8.00% for HIG stocks with a simple moving average of 27.78% for the last 200 days.
Analysts’ Opinion of HIG
Many brokerage firms have already submitted their reports for HIG stocks, with JP Morgan repeating the rating for HIG by listing it as a “Overweight.” The predicted price for HIG in the upcoming period, according to JP Morgan is $55 based on the research report published on January 04th of the current year 2021.
Barclays, on the other hand, stated in their research note that they expect to see HIG reach a price target of $51. The rating they have provided for HIG stocks is “Overweight” according to the report published on November 17th, 2020.
HIG Trading at 13.19% from the 50-Day Moving Average
After a stumble in the market that brought HIG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.43% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 3.02%, as shares surge +12.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +34.04% upper at present.
During the last 5 trading sessions, HIG rose by +8.11%, which changed the moving average for the period of 200-days by +47.62% in comparison to the 20-day moving average, which settled at $48.30. In addition, The Hartford Financial Services Group Inc. saw 5.88% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HIG starting from ELLIOT DOUGLAS G, who sale 128,535 shares at the price of $49.00 back on Dec 31. After this action, ELLIOT DOUGLAS G now owns 188,189 shares of The Hartford Financial Services Group Inc., valued at $6,298,215 using the latest closing price.
Swift Christopher, the Chairman and CEO of The Hartford Financial Services Group Inc., purchase 6,975 shares at $35.98 during a trade that took place back on Sep 23, which means that Swift Christopher is holding 227,309 shares at $250,961 based on the most recent closing price.
Stock Fundamentals for HIG
Current profitability levels for the company are sitting at:
- +14.34 for the present operating margin
The net margin for The Hartford Financial Services Group Inc. stands at +10.05. The total capital return value is set at 15.22, while invested capital returns managed to touch 10.94. Equity return is now at value 10.60, with 2.40 for asset returns.
Based on The Hartford Financial Services Group Inc. (HIG), the company’s capital structure generated 31.03 points at debt to equity in total, while total debt to capital is 23.68. Total debt to assets is 7.64, with long-term debt to equity ratio resting at 28.23. Finally, the long-term debt to capital ratio is 21.10.
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When we switch over and look at the enterprise to sales, we see a ratio of 1.33, with the company’s debt to enterprise value settled at 0.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
