The stock price of Travelers Companies Inc. (NYSE: TRV) has plunged by -0.24 when compared to previous closing price of 229.06, but the company has seen a -0.14% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-04 that Riding on better pricing, prudent underwriting, increased automation and an improving rate environment, AIZ, WRB, TRV and MFC outperform the industry, the Finance sector and the S&P 500 composite.
Is It Worth Investing in Travelers Companies Inc. (NYSE: TRV) Right Now?
Travelers Companies Inc. (NYSE: TRV) has a higher price-to-earnings ratio of 17.87x compared to its average ratio, The 36-month beta value for TRV is at 0.59. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 13 as “hold,” and 2 as “sell.”
The public float for TRV is 228.09M, and currently, shorts hold a 1.60% of that float. The average trading volume for TRV on April 05, 2024 was 1.47M shares.
TRV’s Market Performance
TRV stock saw an increase of -0.14% in the past week, with a monthly gain of 4.28% and a quarterly increase of 19.45%. The volatility ratio for the week is 1.20%, and the volatility levels for the last 30 days are 1.27% for Travelers Companies Inc. (TRV). The simple moving average for the past 20 days is 2.01% for TRV’s stock, with a 23.91% simple moving average for the past 200 days.
Analysts’ Opinion of TRV
Many brokerage firms have already submitted their reports for TRV stocks, with TD Cowen repeating the rating for TRV by listing it as a “Outperform.” The predicted price for TRV in the upcoming period, according to TD Cowen is $247 based on the research report published on January 10, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see TRV reach a price target of $203. The rating they have provided for TRV stocks is “Hold” according to the report published on December 28th, 2023.
Janney gave a rating of “Buy” to TRV, setting the target price at $215 in the report published on December 20th of the previous year.
TRV Trading at 4.21% from the 50-Day Moving Average
After a stumble in the market that brought TRV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.03% of loss for the given period.
Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 1.20%, as shares surge +3.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.30% upper at present.
During the last 5 trading sessions, TRV fell by -0.14%, which changed the moving average for the period of 200-days by +29.28% in comparison to the 20-day moving average, which settled at $224.38. In addition, Travelers Companies Inc. saw 19.95% 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 TRV starting from Yin Daniel Tei-Hwa, who sale 9,502 shares at the price of $221.34 back on Feb 29 ’24. After this action, Yin Daniel Tei-Hwa now owns 58,817 shares of Travelers Companies Inc., valued at $2,103,173 using the latest closing price.
Rowland David Donnay, the EVP & Co-Chief Invest. Officer of Travelers Companies Inc., sale 5,264 shares at $220.94 during a trade that took place back on Feb 27 ’24, which means that Rowland David Donnay is holding 7,865 shares at $1,163,025 based on the most recent closing price.
Stock Fundamentals for TRV
Current profitability levels for the company are sitting at:
- 0.03 for the present operating margin
- 1.0 for the gross margin
The net margin for Travelers Companies Inc. stands at 0.07. The total capital return value is set at 0.02. Equity return is now at value 12.77, with 2.64 for asset returns.
Based on Travelers Companies Inc. (TRV), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.95. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 3.57.
Currently, EBITDA for the company is 700.0 million with net debt to EBITDA at 4.03. When we switch over and look at the enterprise to sales, we see a ratio of 1.45. The receivables turnover for the company is 1.91for trailing twelve months and the total asset turnover is 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
In conclusion, Travelers Companies Inc. (TRV) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
