In the past week, WRB stock has gone down by -3.37%, with a monthly decline of -7.97% and a quarterly surge of 3.35%. The volatility ratio for the week is 1.57%, and the volatility levels for the last 30 days are 1.57% for W.R. Berkley Corp. The simple moving average for the past 20 days is -6.42% for WRB’s stock, with a 11.29% simple moving average for the past 200 days.
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 15.68x. The 36-month beta value for WRB is also noteworthy at 0.58. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 9 rating it as “hold,” and 2 rating it as “sell.”
The public float for WRB is 200.25M, and at present, short sellers hold a 2.03% of that float. The average trading volume of WRB on April 23, 2024 was 1.22M shares.
WRB) stock’s latest price update
W.R. Berkley Corp. (NYSE: WRB)’s stock price has gone decline by -4.88 in comparison to its previous close of 83.43, however, the company has experienced a -3.37% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-23 that Although the revenue and EPS for W.R. Berkley (WRB) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Analysts’ Opinion of WRB
Many brokerage firms have already submitted their reports for WRB stocks, with Evercore ISI repeating the rating for WRB by listing it as a “In-line.” The predicted price for WRB in the upcoming period, according to Evercore ISI is $79 based on the research report published on January 09, 2024 of the current year 2024.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see WRB reach a price target of $73. The rating they have provided for WRB stocks is “Sector Perform” according to the report published on January 08th, 2024.
Keefe Bruyette gave a rating of “Mkt Perform” to WRB, setting the target price at $80 in the report published on December 06th of the previous year.
WRB Trading at -5.97% 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 -11.02% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.57%, as shares sank -8.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.22% lower at present.
During the last 5 trading sessions, WRB fell by -3.19%, which changed the moving average for the period of 200-days by +32.81% in comparison to the 20-day moving average, which settled at $84.44. In addition, W.R. Berkley Corp. saw 12.21% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WRB
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.8 for the gross margin
The net margin for W.R. Berkley Corp. stands at 0.11. The total capital return value is set at 0.07. Equity return is now at value 19.45, with 4.39 for asset returns.
Based on W.R. Berkley Corp. (WRB), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 1.02. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 9.16.
Currently, EBITDA for the company is 1.75 billion with net debt to EBITDA at 1.44. When we switch over and look at the enterprise to sales, we see a ratio of 1.82. The receivables turnover for the company is 1.75for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.43.
Conclusion
In summary, W.R. Berkley Corp. (WRB) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
