W.R. Berkley Corp. (NYSE: WRB)’s stock price has plunge by 0.10relation to previous closing price of 68.47. Nevertheless, the company has seen a 0.94% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-11-13 that Investors interested in Insurance – Property and Casualty stocks are likely familiar with W.R. Berkley (WRB) and Tokio Marine Holdings Inc. (TKOMY).
Is It Worth Investing in W.R. Berkley Corp. (NYSE: WRB) Right Now?
The price-to-earnings ratio for W.R. Berkley Corp. (NYSE: WRB) is above average at 13.81x, while the 36-month beta value is 0.58.Analysts have differing opinions on the stock, with 10 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The average price point forecasted by analysts for W.R. Berkley Corp. (WRB) is $74.33, which is $5.29 above the current market price. The public float for WRB is 201.51M, and currently, short sellers hold a 1.82% ratio of that floaft. The average trading volume of WRB on November 16, 2023 was 1.09M shares.
WRB’s Market Performance
WRB’s stock has seen a 0.94% increase for the week, with a 3.71% rise in the past month and a 11.69% gain in the past quarter. The volatility ratio for the week is 1.33%, and the volatility levels for the past 30 days are at 1.76% for W.R. Berkley Corp. The simple moving average for the last 20 days is 2.54% for WRB stock, with a simple moving average of 10.59% for the last 200 days.
Analysts’ Opinion of WRB
Many brokerage firms have already submitted their reports for WRB stocks, with BofA Securities repeating the rating for WRB by listing it as a “Buy.” The predicted price for WRB in the upcoming period, according to BofA Securities is $76 based on the research report published on March 15, 2023 of the current year 2023.
WRB Trading at 5.50% from the 50-Day Moving Average
After a stumble in the market that brought WRB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.67% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 1.33%, as shares surge +5.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.39% upper at present.
During the last 5 trading sessions, WRB rose by +0.94%, which changed the moving average for the period of 200-days by -2.28% in comparison to the 20-day moving average, which settled at $67.00. In addition, W.R. Berkley Corp. saw -4.17% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for WRB
Current profitability levels for the company are sitting at:
- +16.11 for the present operating margin
The net margin for W.R. Berkley Corp. stands at +12.37. The total capital return value is set at 17.96, while invested capital returns managed to touch 14.24. Equity return is now at value 20.60, with 4.47 for asset returns.
Based on W.R. Berkley Corp. (WRB), the company’s capital structure generated 45.07 points at debt to equity in total, while total debt to capital is 31.07. Total debt to assets is 10.15, with long-term debt to equity ratio resting at 44.30. Finally, the long-term debt to capital ratio is 30.53.
When we switch over and look at the enterprise to sales, we see a ratio of 1.61, with the company’s debt to enterprise value settled at 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
In a nutshell, W.R. Berkley Corp. (WRB) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.