The price-to-earnings ratio for Hamilton Insurance Group Ltd. (NYSE: HG) is above average at 4.68x. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for HG is 52.00M, and at present, short sellers hold a 1.41% of that float. The average trading volume of HG on September 25, 2024 was 646.06K shares.
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HG) stock’s latest price update
Hamilton Insurance Group Ltd. (NYSE: HG)’s stock price has plunge by 6.94relation to previous closing price of 18.59. Nevertheless, the company has seen a 7.23% surge in its stock price over the last five trading sessions. zacks.com reported 2024-09-24 that The crux of safe investment lies in choosing a company that is not burdened with debt, as a debt-free stock is almost impossible to find. You can buy INGR, SCS, HG, ACGL and LMB.
HG’s Market Performance
HG’s stock has risen by 7.23% in the past week, with a monthly rise of 3.01% and a quarterly rise of 29.68%. The volatility ratio for the week is 2.51% while the volatility levels for the last 30 days are 2.66% for Hamilton Insurance Group Ltd. The simple moving average for the last 20 days is 5.61% for HG stock, with a simple moving average of 26.25% for the last 200 days.
Analysts’ Opinion of HG
Many brokerage firms have already submitted their reports for HG stocks, with Barclays repeating the rating for HG by listing it as a “Overweight.” The predicted price for HG in the upcoming period, according to Barclays is $26 based on the research report published on September 05, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see HG reach a price target of $19. The rating they have provided for HG stocks is “Equal-Weight” according to the report published on August 19th, 2024.
Wells Fargo gave a rating of “Overweight” to HG, setting the target price at $16 in the report published on April 11th of the current year.
HG Trading at 10.00% from the 50-Day Moving Average
After a stumble in the market that brought HG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.91% of loss for the given period.
Volatility was left at 2.66%, however, over the last 30 days, the volatility rate increased by 2.51%, as shares surge +0.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.94% upper at present.
During the last 5 trading sessions, HG rose by +5.72%, which changed the moving average for the period of 200-days by +31.19% in comparison to the 20-day moving average, which settled at $18.83. In addition, Hamilton Insurance Group Ltd. saw 32.98% 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 HG starting from Hamilton Investments LP, who proposed sale 2,069,000 shares at the price of $17.88 back on Sep 17 ’24. After this action, Hamilton Investments LP now owns shares of Hamilton Insurance Group Ltd., valued at $36,993,720 using the latest closing price.
Patterson Alan Neil, the Director of Hamilton Insurance Group Ltd., purchase 21,135 shares at $16.66 during a trade that took place back on May 16 ’24, which means that Patterson Alan Neil is holding 21,135 shares at $352,109 based on the most recent closing price.
Stock Fundamentals for HG
Current profitability levels for the company are sitting at:
- 0.44 for the present operating margin
- 0.99 for the gross margin
The net margin for Hamilton Insurance Group Ltd. stands at 0.23. The total capital return value is set at 0.24. Equity return is now at value 22.99, with 8.12 for asset returns.
Based on Hamilton Insurance Group Ltd. (HG), the company’s capital structure generated 0.06 points at debt to capital in total, while cash flow to debt ratio is standing at 2.86. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is 38.2.
Currently, EBITDA for the company is -9.15 million with net debt to EBITDA at -2.14. When we switch over and look at the enterprise to sales, we see a ratio of 0.59. The receivables turnover for the company is 0.87for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.84.
Conclusion
In summary, Hamilton Insurance Group Ltd. (HG) 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.
