As of close of business last night, Chubb Limited’s stock clocked out at $256.31, down -0.85% from its previous closing price of $258.51. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 2739841 shares were traded.
Ratios:
To gain a deeper understanding of CB’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on March 14, 2024, Downgraded its rating to Neutral and sets its target price to $275 from $238 previously.
On January 10, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $254.
Goldman Downgraded its Buy to Neutral on January 08, 2024, while the target price for the stock was maintained at $222.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 19 ’24 when Lupica John J sold 34,464 shares for $258.92 per share. The transaction valued at 8,923,566 led to the insider holds 130,937 shares of the business.
Wayland Joseph F sold 26,946 shares of CB for $6,925,777 on Mar 15 ’24. The Executive Vice President and* now owns 95,252 shares after completing the transaction at $257.02 per share. On Feb 26 ’24, another insider, BOROUGHS TIMOTHY ALAN, who serves as the Executive Vice President* of the company, sold 33,150 shares for $255.11 each. As a result, the insider received 8,456,758 and left with 50,486 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CB now has a Market Capitalization of 104.00B and an Enterprise Value of 120.18B. As of this moment, Chubb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.74, and their Forward P/E ratio for the next fiscal year is 10.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 1.75. Its current Enterprise Value per Revenue stands at 2.41.
Stock Price History:
Over the past 52 weeks, CB has reached a high of $260.58, while it has fallen to a 52-week low of $183.40. The 50-Day Moving Average of the stock is 247.06, while the 200-Day Moving Average is calculated to be 218.37.
Shares Statistics:
It appears that CB traded 1.74M shares on average per day over the past three months and 1.94M shares per day over the past ten days. A total of 405.27M shares are outstanding, with a floating share count of 403.29M. Insiders hold about 0.61% of the company’s shares, while institutions hold 86.78% stake in the company. Shares short for CB as of Feb 29, 2024 were 2.45M with a Short Ratio of 1.40, compared to 3.19M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.60% and a Short% of Float of 0.61%.
Dividends & Splits
With its trailing 12-month dividend rate of 3.41, CB has a forward annual dividend rate of 3.44. Against a Trailing Annual Dividend Yield of 1.32%, it implies a Forward Annual Dividend Yield of 1.34%. The stock’s 5-year Average Dividend Yield is 1.85. The current Payout Ratio is 15.65% for CB, which recently paid a dividend on Apr 05, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Apr 19, 2006 when the company split stock in a 1:2 ratio.
Earnings Estimates
As of right now, 20 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $5.33 for the current quarter, with a high estimate of $5.69 and a low estimate of $4.86, while EPS last year was $4.41. The consensus estimate for the next quarter is $5.44, with high estimates of $5.9 and low estimates of $4.69.
Analysts are recommending an EPS of between $23.25 and $20.05 for the fiscal current year, implying an average EPS of $21.68. EPS for the following year is $23.76, with 22 analysts recommending between $25.5 and $21.8.
Revenue Estimates
In the current quarter, 6 analysts expect revenue to total $10.29B. It ranges from a high estimate of $10.48B to a low estimate of $10.06B. As of the current estimate, Chubb Limited’s year-ago sales were $9.42B, an estimated increase of 9.30% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $11.57B, an increase of 8.80% less than the figure of $9.30% in the same quarter last year. There is a high estimate of $11.72B for the next quarter, whereas the lowest estimate is $11.44B.
A total of 7 analysts have provided revenue estimates for CB’s current fiscal year. The highest revenue estimate was $45.41B, while the lowest revenue estimate was $43.72B, resulting in an average revenue estimate of $44.93B. In the same quarter a year ago, actual revenue was $41.9B, up 7.20% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $47.71B in the next fiscal year. The high estimate is $49.39B and the low estimate is $45.44B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.
