The stock price of Chubb Limited (NYSE: CB) has plunged by -2.03 when compared to previous closing price of 253.16, but the company has seen a -3.24% decline 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.
Is It Worth Investing in Chubb Limited (NYSE: CB) Right Now?
Chubb Limited (NYSE: CB) has a price-to-earnings ratio that is above its average at 11.36x. The stock has a 36-month beta value of 0.63. Opinions on the stock are mixed, with 11 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 1 as “sell.”
The public float for CB is 403.32M, and at present, short sellers hold a 0.63% of that float. On April 10, 2024, the average trading volume of CB was 1.73M shares.
CB’s Market Performance
CB stock saw a decrease of -3.24% in the past week, with a monthly decline of -0.31% and a quarterly a decrease of 9.65%. The volatility ratio for the week is 1.49%, and the volatility levels for the last 30 days are 1.22% for Chubb Limited (CB). The simple moving average for the last 20 days is -3.29% for CB stock, with a simple moving average of 11.79% for the last 200 days.
Analysts’ Opinion of CB
Many brokerage firms have already submitted their reports for CB stocks, with HSBC Securities repeating the rating for CB by listing it as a “Hold.” The predicted price for CB in the upcoming period, according to HSBC Securities is $270 based on the research report published on April 04, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see CB reach a price target of $275, previously predicting the price at $238. The rating they have provided for CB stocks is “Neutral” according to the report published on March 14th, 2024.
TD Cowen gave a rating of “Market Perform” to CB, setting the target price at $254 in the report published on January 10th of the current year.
CB Trading at -1.57% 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 -4.82% of loss for the given period.
Volatility was left at 1.22%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares sank -2.73% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.81% upper at present.
During the last 5 trading sessions, CB fell by -3.24%, which changed the moving average for the period of 200-days by +27.10% in comparison to the 20-day moving average, which settled at $256.13. In addition, Chubb Limited saw 9.75% 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 2.32. 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
To sum up, Chubb Limited (CB) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others 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.
