The stock of Loews Corp (L) has gone up by 3.03% for the week, with a 9.14% rise in the past month and a 6.57% rise in the past quarter. The volatility ratio for the week is 1.30%, and the volatility levels for the past 30 days are 1.63% for L. The simple moving average for the last 20 days is 4.84% for L stock, with a simple moving average of 11.92% for the last 200 days.
Is It Worth Investing in Loews Corp (NYSE: L) Right Now?
Loews Corp (NYSE: L) has a higher price-to-earnings ratio of 11.57x compared to its average ratio. L has 36-month beta value of 0.83. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for L is 180.44M, and currently, short sellers hold a 0.75% ratio of that float. The average trading volume of L on November 28, 2024 was 713.54K shares.
L) stock’s latest price update
Loews Corp (NYSE: L)’s stock price has surge by 0.51relation to previous closing price of 86.61. Nevertheless, the company has seen a 3.03% surge in its stock price over the last five trading sessions. prnewswire.com reported 2024-11-12 that NEW YORK, Nov. 12, 2024 /PRNewswire/ — Loews Corporation (NYSE: L) announced today the declaration of the Company’s quarterly dividend of $0.0625 per share of Common Stock, payable December 10, 2024 to shareholders of record as of the close of business on November 27, 2024. Loews Corporation is a diversified company with businesses in the insurance, energy, hospitality, and packaging industries.
Analysts’ Opinion of L
Many brokerage firms have already submitted their reports for L stocks, with Deutsche Bank repeating the rating for L by listing it as a “Hold.” The predicted price for L in the upcoming period, according to Deutsche Bank is $43 based on the research report published on November 02, 2016 of the previous year 2016.
Deutsche Bank, on the other hand, stated in their research note that they expect to see L reach a price target of $44, previously predicting the price at $48. The rating they have provided for L stocks is “Hold” according to the report published on August 06th, 2015.
Deutsche Bank gave a rating of “Hold” to L, setting the target price at $51 in the report published on March 24th of the previous year.
L Trading at 7.63% from the 50-Day Moving Average
After a stumble in the market that brought L to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 0.17% of gains for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.30%, as shares surge +8.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.91% upper at present.
During the last 5 trading sessions, L rose by +3.03%, which changed the moving average for the period of 200-days by +19.21% in comparison to the 20-day moving average, which settled at $83.03. In addition, Loews Corp saw 25.09% 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 L starting from TISCH ANDREW H, who sale 50,000 shares at the price of $83.26 back on Nov 15 ’24. After this action, TISCH ANDREW H now owns 11,939,677 shares of Loews Corp, valued at $4,163,000 using the latest closing price.
TISCH ANDREW H, the Director of Loews Corp, sale 100,000 shares at $83.39 during a trade that took place back on Nov 11 ’24, which means that TISCH ANDREW H is holding 12,164,677 shares at $8,339,300 based on the most recent closing price.
Stock Fundamentals for L
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.86 for the gross margin
The net margin for Loews Corp stands at 0.12. The total capital return value is set at 0.02. Equity return is now at value 10.52, with 2.09 for asset returns.
Based on Loews Corp (L), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.34. The debt to equity ratio resting at 0.55. The interest coverage ratio of the stock is 3.34.
Currently, EBITDA for the company is 3.99 billion with net debt to EBITDA at 3.76. When we switch over and look at the enterprise to sales, we see a ratio of 2.09. The receivables turnover for the company is 1.32for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.68.
Conclusion
To put it simply, Loews Corp (L) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
