The price-to-earnings ratio for Fidelis Insurance Holdings Ltd. (NYSE: FIHL) is above average at 4.53x. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for FIHL is 40.16M, and at present, short sellers hold a 4.13% of that float. The average trading volume of FIHL on May 10, 2024 was 694.92K shares.
FIHL) stock’s latest price update
Fidelis Insurance Holdings Ltd. (NYSE: FIHL) has seen a decline in its stock price by -4.25 in relation to its previous close of 19.31. However, the company has experienced a -1.07% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-09 that Fidelis Insurance Holdings (FIHL) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.87 per share a year ago.
FIHL’s Market Performance
Fidelis Insurance Holdings Ltd. (FIHL) has seen a -1.07% fall in stock performance for the week, with a -0.59% decline in the past month and a 41.15% surge in the past quarter. The volatility ratio for the week is 2.30%, and the volatility levels for the past 30 days are at 3.12% for FIHL. The simple moving average for the past 20 days is -2.77% for FIHL’s stock, with a 24.86% simple moving average for the past 200 days.
Analysts’ Opinion of FIHL
Many brokerage firms have already submitted their reports for FIHL stocks, with JP Morgan repeating the rating for FIHL by listing it as a “Neutral.” The predicted price for FIHL in the upcoming period, according to JP Morgan is $15 based on the research report published on January 08, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see FIHL reach a price target of $16.50. The rating they have provided for FIHL stocks is “Overweight” according to the report published on July 27th, 2023.
BMO Capital Markets gave a rating of “Market Perform” to FIHL, setting the target price at $15 in the report published on July 25th of the previous year.
FIHL Trading at -0.97% from the 50-Day Moving Average
After a stumble in the market that brought FIHL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.94% of loss for the given period.
Volatility was left at 3.12%, however, over the last 30 days, the volatility rate increased by 2.30%, as shares sank -0.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.26% upper at present.
During the last 5 trading sessions, FIHL fell by -1.34%, which changed the moving average for the period of 200-days by +35.19% in comparison to the 20-day moving average, which settled at $19.01. In addition, Fidelis Insurance Holdings Ltd. saw 45.94% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FIHL
Current profitability levels for the company are sitting at:
- 1.15 for the present operating margin
- 1.0 for the gross margin
The net margin for Fidelis Insurance Holdings Ltd. stands at 1.09. The total capital return value is set at 0.44. Equity return is now at value 21.76, with 6.20 for asset returns.
Based on Fidelis Insurance Holdings Ltd. (FIHL), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at 0.29. The debt to equity ratio resting at 0.21. The interest coverage ratio of the stock is 63.38.
Currently, EBITDA for the company is 0.3 million with net debt to EBITDA at -0.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.88. The receivables turnover for the company is 0.53for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.34.
Conclusion
In summary, Fidelis Insurance Holdings Ltd. (FIHL) 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.
