The stock of Chubb Limited (CB) has gone down by -0.50% for the week, with a 2.63% rise in the past month and a 12.07% rise in the past quarter. The volatility ratio for the week is 0.86%, and the volatility levels for the past 30 days are 1.13% for CB. The simple moving average for the past 20 days is -0.35% for CB’s stock, with a 15.46% simple moving average for the past 200 days.
Is It Worth Investing in Chubb Limited (NYSE: CB) Right Now?
Chubb Limited (NYSE: CB) has a price-to-earnings ratio of 11.67x that is above its average ratio. Additionally, the 36-month beta value for CB is 0.63. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 5 rating it as “overweight,” 1 rating it as “hold,” and 1 rating it as “sell.”
The public float for CB is 403.32M and currently, short sellers hold a 0.63% ratio of that float. The average trading volume of CB on April 04, 2024 was 1.76M shares.
CB) stock’s latest price update
Chubb Limited (NYSE: CB)’s stock price has plunge by -0.60relation to previous closing price of 256.34. Nevertheless, the company has seen a -0.50% plunge in its stock price over the last five trading sessions. The Motley Fool reported 2024-04-02 that Chubb is one of the biggest insurers by revenue, worldwide. Chubb’s stock is trading below what looks like a fair value, even if it doesn’t grow as fast over the next five years as analysts expect it will.
Analysts’ Opinion of CB
Many brokerage firms have already submitted their reports for CB stocks, with Citigroup repeating the rating for CB by listing it as a “Neutral.” The predicted price for CB in the upcoming period, according to Citigroup is $275 based on the research report published on March 14, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see CB reach a price target of $254. The rating they have provided for CB stocks is “Market Perform” according to the report published on January 10th, 2024.
Goldman gave a rating of “Neutral” to CB, setting the target price at $222 in the report published on January 08th of the current year.
CB Trading at 1.53% from the 50-Day Moving Average
After a stumble in the market that brought CB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.22% of loss for the given period.
Volatility was left at 1.13%, however, over the last 30 days, the volatility rate increased by 0.86%, as shares surge +2.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.61% upper at present.
During the last 5 trading sessions, CB fell by -0.50%, which changed the moving average for the period of 200-days by +33.22% in comparison to the 20-day moving average, which settled at $255.97. In addition, Chubb Limited saw 12.74% 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 CB starting from BOROUGHS TIMOTHY ALAN, who sale 14,303 shares at the price of $258.78 back on Mar 20 ’24. After this action, BOROUGHS TIMOTHY ALAN now owns 35,662 shares of Chubb Limited, valued at $3,701,344 using the latest closing price.
BOROUGHS TIMOTHY ALAN, the Executive Vice President* of Chubb Limited, sale 5,697 shares at $259.05 during a trade that took place back on Mar 20 ’24, which means that BOROUGHS TIMOTHY ALAN is holding 0 shares at $1,475,817 based on the most recent closing price.
Stock Fundamentals for CB
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 1.0 for the gross margin
The net margin for Chubb Limited stands at 0.18. The total capital return value is set at 0.07. Equity return is now at value 16.41, with 4.67 for asset returns.
Based on Chubb Limited (CB), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.72. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 13.16.
Currently, EBITDA for the company is 91.0 million with net debt to EBITDA at 2.01. When we switch over and look at the enterprise to sales, we see a ratio of 2.38. The receivables turnover for the company is 1.49for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.37.
Conclusion
In conclusion, Chubb Limited (CB) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
