The price-to-earnings ratio for Hartford Financial Services Group Inc (NYSE: HIG) is above average at 10.84x, Company’s 36-month beta value is 0.97.Analysts have differing opinions on the stock, with 4 analysts rating it as a “buy,” 5 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for HIG is 288.88M, and currently, short sellers hold a 1.32% ratio of that floaft. The average trading volume of HIG on February 04, 2025 was 1.58M shares.
HIG) stock’s latest price update
The stock price of Hartford Financial Services Group Inc (NYSE: HIG) has surged by 0.67 when compared to previous closing price of 111.55, but the company has seen a -1.85% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-31 that The Hartford Financial Services Group, Inc. (NYSE:HIG ) Q4 2024 Earnings Conference Call January 31, 2024 9:00 AM ET Company Participants Susan Spivak Bernstein – Senior Vice President of Investor Relations Christopher J. Swift – Chairman and Chief Executive Officer Beth Costello – Chief Financial Officer Morris Tooker – President Mike Fish – Head of Group Benefits Melinda Thompson – Head of Personal Lines Conference Call Participants Andrew Kligerman – TD Securities Brian Meredith – UBS Elyse Greenspan – Wells Fargo Bob Huang – Morgan Stanley Josh Shanker – Bank of America David Motemaden – Evercore ISI Gregory Peters – Raymond James Operator Good morning and welcome to the Hartford Financial Fourth Quarter and Full-Year 2024 Results Conference Call and Webcast.
HIG’s Market Performance
HIG’s stock has fallen by -1.85% in the past week, with a monthly rise of 2.65% and a quarterly drop of -0.37%. The volatility ratio for the week is 2.65% while the volatility levels for the last 30 days are 1.95% for Hartford Financial Services Group Inc The simple moving average for the last 20 days is 1.14% for HIG stock, with a simple moving average of 2.62% for the last 200 days.
Analysts’ Opinion of HIG
Many brokerage firms have already submitted their reports for HIG stocks, with Barclays repeating the rating for HIG by listing it as a “Overweight.” The predicted price for HIG in the upcoming period, according to Barclays is $135 based on the research report published on January 06, 2025 of the current year 2025.
BofA Securities, on the other hand, stated in their research note that they expect to see HIG reach a price target of $121, previously predicting the price at $113. The rating they have provided for HIG stocks is “Neutral” according to the report published on October 04th, 2024.
Barclays gave a rating of “Equal Weight” to HIG, setting the target price at $130 in the report published on September 05th of the previous year.
HIG Trading at -0.94% from the 50-Day Moving Average
After a stumble in the market that brought HIG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.09% of loss for the given period.
Volatility was left at 1.95%, however, over the last 30 days, the volatility rate increased by 2.65%, as shares surge +2.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.94% lower at present.
During the last 5 trading sessions, HIG fell by -1.85%, which changed the moving average for the period of 200-days by +14.91% in comparison to the 20-day moving average, which settled at $111.04. In addition, Hartford Financial Services Group Inc saw 2.65% 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 HIG starting from Bennett Jonathan R, who proposed sale 24,094 shares at the price of $119.66 back on Nov 21 ’24. After this action, Bennett Jonathan R now owns shares of Hartford Financial Services Group Inc, valued at $2,883,132 using the latest closing price.
TOOKER ADIN M, the EVP of Hartford Financial Services Group Inc, sale 6,865 shares at $117.04 during a trade that took place back on Nov 15 ’24, which means that TOOKER ADIN M is holding 25,820 shares at $803,479 based on the most recent closing price.
Stock Fundamentals for HIG
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.85 for the gross margin
The net margin for Hartford Financial Services Group Inc stands at 0.12. The total capital return value is set at 0.05. Equity return is now at value 19.58, with 4.32 for asset returns.
Based on Hartford Financial Services Group Inc (HIG), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 1.3. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 19.9.
Currently, EBITDA for the company is 3.8 billion with net debt to EBITDA at 0.89. When we switch over and look at the enterprise to sales, we see a ratio of 1.41. The receivables turnover for the company is 4.23for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
Conclusion
In a nutshell, Hartford Financial Services Group Inc (HIG) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
