The stock of Assurant Inc (AIZ) has seen a 4.68% increase in the past week, with a 9.46% gain in the past month, and a 15.06% flourish in the past quarter. The volatility ratio for the week is 1.89%, and the volatility levels for the past 30 days are at 1.89% for AIZ. The simple moving average for the last 20 days is 8.02% for AIZ stock, with a simple moving average of 19.02% for the last 200 days.
Is It Worth Investing in Assurant Inc (NYSE: AIZ) Right Now?
The price-to-earnings ratio for Assurant Inc (NYSE: AIZ) is 15.37x, which is above its average ratio. Moreover, the 36-month beta value for AIZ is 0.58. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for AIZ is 50.88M and currently, short sellers hold a 1.37% of that float. On November 15, 2024, AIZ’s average trading volume was 335.24K shares.
AIZ) stock’s latest price update
Assurant Inc (NYSE: AIZ)’s stock price has increased by 1.05 compared to its previous closing price of 213.24. However, the company has seen a 4.68% increase in its stock price over the last five trading sessions. businesswire.com reported 2024-11-11 that ATLANTA–(BUSINESS WIRE)– #VeteransDay–Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, has been included in America’s Best Employers for Veterans 2024 ranking. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list was announced on November 7, 2024, and can currently be viewed on the Forbes website. America’s Best Employers for.
Analysts’ Opinion of AIZ
Many brokerage firms have already submitted their reports for AIZ stocks, with Piper Sandler repeating the rating for AIZ by listing it as a “Neutral.” The predicted price for AIZ in the upcoming period, according to Piper Sandler is $200 based on the research report published on August 22, 2024 of the current year 2024.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see AIZ reach a price target of $182, previously predicting the price at $170. The rating they have provided for AIZ stocks is “Mkt Perform” according to the report published on February 12th, 2024.
Piper Sandler gave a rating of “Overweight” to AIZ, setting the target price at $144 in the report published on June 13th of the previous year.
AIZ Trading at 9.66% from the 50-Day Moving Average
After a stumble in the market that brought AIZ to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.31% of gains for the given period.
Volatility was left at 1.89%, however, over the last 30 days, the volatility rate increased by 1.89%, as shares surge +8.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.58% upper at present.
During the last 5 trading sessions, AIZ rose by +4.68%, which changed the moving average for the period of 200-days by +28.30% in comparison to the 20-day moving average, which settled at $199.49. In addition, Assurant Inc saw 27.89% 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 AIZ starting from NAIR BIJU, who sale 3,000 shares at the price of $209.18 back on Nov 08 ’24. After this action, NAIR BIJU now owns 20,658 shares of Assurant Inc, valued at $627,532 using the latest closing price.
THE BIJU NAIR DECLARATION OF T, the Officer of Assurant Inc, proposed sale 3,000 shares at $209.18 during a trade that took place back on Nov 08 ’24, which means that THE BIJU NAIR DECLARATION OF T is holding shares at $627,532 based on the most recent closing price.
Stock Fundamentals for AIZ
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 1.0 for the gross margin
The net margin for Assurant Inc stands at 0.06. The total capital return value is set at 0.02. Equity return is now at value 15.21, with 2.73 for asset returns.
Based on Assurant Inc (AIZ), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.76. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 7.28.
Currently, EBITDA for the company is 1.12 billion with net debt to EBITDA at -8.48. When we switch over and look at the enterprise to sales, we see a ratio of 0.2. The receivables turnover for the company is 6.59for trailing twelve months and the total asset turnover is 0.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.30.
Conclusion
To wrap up, the performance of Assurant Inc (AIZ) has been better in recent times. The stock has received a mixed 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.
