The stock of Selective Insurance Group Inc (SIGI) has gone up by 6.42% for the week, with a -11.30% drop in the past month and a -13.70% drop in the past quarter. The volatility ratio for the week is 2.85%, and the volatility levels for the past 30 days are 2.71% for SIGI. The simple moving average for the past 20 days is 1.99% for SIGI’s stock, with a -8.50% simple moving average for the past 200 days.
Is It Worth Investing in Selective Insurance Group Inc (NASDAQ: SIGI) Right Now?
Selective Insurance Group Inc (NASDAQ: SIGI) has a price-to-earnings ratio that is above its average at 26.20x. The stock has a 36-month beta value of 0.55. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 2 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for SIGI is 60.20M, and at present, short sellers hold a 1.96% of that float. On February 28, 2025, the average trading volume of SIGI was 385.16K shares.
SIGI) stock’s latest price update
The stock price of Selective Insurance Group Inc (NASDAQ: SIGI) has surged by 3.11 when compared to previous closing price of 81.87, but the company has seen a 6.42% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-24 that Selective Insurance: Leaving 2024 Behind And Seizing 2025
Analysts’ Opinion of SIGI
Many brokerage firms have already submitted their reports for SIGI stocks, with Keefe Bruyette repeating the rating for SIGI by listing it as a “Mkt Perform.” The predicted price for SIGI in the upcoming period, according to Keefe Bruyette is $93 based on the research report published on February 07, 2025 of the current year 2025.
Morgan Stanley, on the other hand, stated in their research note that they expect to see SIGI reach a price target of $105. The rating they have provided for SIGI stocks is “Equal-Weight” according to the report published on December 05th, 2024.
BMO Capital Markets gave a rating of “Outperform” to SIGI, setting the target price at $105 in the report published on October 30th of the previous year.
SIGI Trading at -5.36% from the 50-Day Moving Average
After a stumble in the market that brought SIGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.96% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 2.85%, as shares sank -10.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.53% lower at present.
During the last 5 trading sessions, SIGI rose by +6.42%, which changed the moving average for the period of 200-days by -14.25% in comparison to the 20-day moving average, which settled at $82.78. In addition, Selective Insurance Group Inc saw -9.73% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SIGI starting from Brennan Patrick Sean, who purchase 3,000 shares at the price of $83.15 back on Feb 27 ’25. After this action, Brennan Patrick Sean now owns 15,082 shares of Selective Insurance Group Inc, valued at $249,450 using the latest closing price.
DOHERTY ROBERT KELLY, the Director of Selective Insurance Group Inc, purchase 1,500 shares at $80.28 during a trade that took place back on Feb 24 ’25, which means that DOHERTY ROBERT KELLY is holding 24,173 shares at $120,420 based on the most recent closing price.
Stock Fundamentals for SIGI
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.99 for the gross margin
The net margin for Selective Insurance Group Inc stands at 0.04. The total capital return value is set at 0.09. Equity return is now at value 6.82, with 1.77 for asset returns.
Based on Selective Insurance Group Inc (SIGI), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at 2.18. The debt to equity ratio resting at 0.16. The interest coverage ratio of the stock is 41.07.
When we switch over and look at the enterprise to sales, we see a ratio of 1.16. The receivables turnover for the company is 1.92for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.48.
Conclusion
To sum up, Selective Insurance Group Inc (SIGI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. 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.
