Axis Capital Holdings Ltd (NYSE: AXS)’s stock price has soared by 1.25 in relation to previous closing price of 60.71. Nevertheless, the company has seen a loss of -1.11% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-11 that Investors interested in Insurance – Property and Casualty stocks are likely familiar with Axis Capital (AXS) and Berkshire Hathaway B (BRK.B). But which of these two stocks presents investors with the better value opportunity right now?
Is It Worth Investing in Axis Capital Holdings Ltd (NYSE: AXS) Right Now?
Axis Capital Holdings Ltd (NYSE: AXS) has a price-to-earnings ratio of 15.32x that is above its average ratio. Additionally, the 36-month beta value for AXS is 0.81. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 rating it as “hold,” and 1 rating it as “sell.”
The public float for AXS is 76.48M and currently, short sellers hold a 1.23% ratio of that float. The average trading volume of AXS on April 19, 2024 was 647.78K shares.
AXS’s Market Performance
The stock of Axis Capital Holdings Ltd (AXS) has seen a -1.11% decrease in the past week, with a -2.98% drop in the past month, and a 11.16% gain in the past quarter. The volatility ratio for the week is 1.91%, and the volatility levels for the past 30 days are at 1.80% for AXS.. The simple moving average for the past 20 days is -3.54% for AXS’s stock, with a 7.29% simple moving average for the past 200 days.
Analysts’ Opinion of AXS
Many brokerage firms have already submitted their reports for AXS stocks, with Keefe Bruyette repeating the rating for AXS by listing it as a “Outperform.” The predicted price for AXS in the upcoming period, according to Keefe Bruyette is $66 based on the research report published on November 13, 2023 of the previous year 2023.
BofA Securities, on the other hand, stated in their research note that they expect to see AXS reach a price target of $68, previously predicting the price at $53. The rating they have provided for AXS stocks is “Buy” according to the report published on September 15th, 2023.
Goldman gave a rating of “Sell” to AXS, setting the target price at $51 in the report published on September 08th of the previous year.
AXS Trading at -1.37% from the 50-Day Moving Average
After a stumble in the market that brought AXS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.67% of loss for the given period.
Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 1.91%, as shares sank -3.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.56% upper at present.
During the last 5 trading sessions, AXS fell by -1.11%, which changed the moving average for the period of 200-days by +14.34% in comparison to the 20-day moving average, which settled at $63.60. In addition, Axis Capital Holdings Ltd saw 11.02% 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 AXS starting from GALANSKI STANLEY A, who purchase 7,000 shares at the price of $58.45 back on Feb 06 ’24. After this action, GALANSKI STANLEY A now owns 9,763 shares of Axis Capital Holdings Ltd, valued at $409,150 using the latest closing price.
SMITH HENRY B, the Director of Axis Capital Holdings Ltd, sale 6,000 shares at $55.50 during a trade that took place back on Aug 07 ’23, which means that SMITH HENRY B is holding 49,710 shares at $333,000 based on the most recent closing price.
Stock Fundamentals for AXS
Current profitability levels for the company are sitting at:
- 0.39 for the present operating margin
- 1.0 for the gross margin
The net margin for Axis Capital Holdings Ltd stands at 0.07. The total capital return value is set at 0.22. Equity return is now at value 7.60, with 1.38 for asset returns.
Based on Axis Capital Holdings Ltd (AXS), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.89. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 32.78.
Currently, EBITDA for the company is 4.16 million with net debt to EBITDA at 0.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.94. The receivables turnover for the company is 0.56for trailing twelve months and the total asset turnover is 0.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.65.
Conclusion
In conclusion, Axis Capital Holdings Ltd (AXS) has seen mixed performance in recent times. Analysts have a mixed 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.
