The stock of Chubb Limited (CB) has seen a 1.90% increase in the past week, with a -2.20% drop in the past month, and a 3.97% flourish in the past quarter. The volatility ratio for the week is 1.49%, and the volatility levels for the past 30 days are at 1.27% for CB. The simple moving average for the past 20 days is -0.50% for CB’s stock, with a 11.23% simple moving average for the past 200 days.
Is It Worth Investing in Chubb Limited (NYSE: CB) Right Now?
The price-to-earnings ratio for Chubb Limited (NYSE: CB) is above average at 11.45x. The 36-month beta value for CB is also noteworthy at 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 at present, short sellers hold a 0.59% of that float. The average trading volume of CB on April 24, 2024 was 1.70M shares.
CB) stock’s latest price update
Chubb Limited (NYSE: CB)’s stock price has decreased by -0.64 compared to its previous closing price of 251.50. However, the company has seen a 1.90% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-23 that Although the revenue and EPS for Chubb (CB) 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 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 -0.95% 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 -4.11% of loss for the given period.
Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares sank -2.24% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.08% upper at present.
During the last 5 trading sessions, CB rose by +1.90%, which changed the moving average for the period of 200-days by +30.47% in comparison to the 20-day moving average, which settled at $250.85. In addition, Chubb Limited saw 10.57% 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 2.34. 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 summary, Chubb Limited (CB) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
