The stock price of Chubb Limited (NYSE: CB) has dropped by -1.41 compared to previous close of 263.25. Despite this, the company has seen a fall of -2.97% in its stock price over the last five trading days. zacks.com reported 2024-07-23 that The headline numbers for Chubb (CB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Chubb Limited (NYSE: CB) Right Now?
The price-to-earnings ratio for Chubb Limited (NYSE: CB) is 11.52x, which is above its average ratio. Moreover, the 36-month beta value for CB is 0.67. Analysts have varying opinions on the stock, with 11 analysts rating it as a “buy,” 5 as “overweight,” 1 as “hold,” and 1 as “sell.”
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The public float for CB is 403.80M and currently, short sellers hold a 0.98% of that float. On July 24, 2024, CB’s average trading volume was 1.55M shares.
CB’s Market Performance
The stock of Chubb Limited (CB) has seen a -2.97% decrease in the past week, with a -2.48% drop in the past month, and a 3.86% gain in the past quarter. The volatility ratio for the week is 2.03%, and the volatility levels for the past 30 days are at 1.53% for CB. The simple moving average for the past 20 days is 0.23% for CB’s stock, with a 7.08% simple moving average for the past 200 days.
Analysts’ Opinion of CB
BofA Securities, on the other hand, stated in their research note that they expect to see CB reach a price target of $266, previously predicting the price at $244. The rating they have provided for CB stocks is “Neutral” according to the report published on May 23rd, 2024.
HSBC Securities gave a rating of “Hold” to CB, setting the target price at $270 in the report published on April 04th of the current year.
CB Trading at -0.81% 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 -5.77% of loss for the given period.
Volatility was left at 1.53%, however, over the last 30 days, the volatility rate increased by 2.03%, as shares sank -1.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.84% upper at present.
During the last 5 trading sessions, CB fell by -2.97%, which changed the moving average for the period of 200-days by +23.14% in comparison to the 20-day moving average, which settled at $258.74. In addition, Chubb Limited saw 14.84% 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 Enns Peter C., who sale 8,200 shares at the price of $266.06 back on Jun 20 ’24. After this action, Enns Peter C. now owns 45,853 shares of Chubb Limited, valued at $2,181,668 using the latest closing price.
Ortega Juan Luis, the Executive Vice President* of Chubb Limited, sale 2,400 shares at $260.98 during a trade that took place back on Jun 06 ’24, which means that Ortega Juan Luis is holding 44,632 shares at $626,352 based on the most recent closing price.
Stock Fundamentals for CB
Current profitability levels for the company are sitting at:
- 0.19 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 17.06, with 4.83 for asset returns.
Based on Chubb Limited (CB), the company’s capital structure generated 0.24 points at debt to capital in total, while cash flow to debt ratio is standing at 0.74. The debt to equity ratio resting at 0.31. The interest coverage ratio of the stock is 14.54.
Currently, EBITDA for the company is 91.0 million with net debt to EBITDA at 2.86. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 1.55for 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 0.29.
Conclusion
To wrap up, the performance of Chubb Limited (CB) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
