Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $15.93 in the prior trading day, Fidelis Insurance Holdings Ltd (NYSE: FIHL) closed at $16.06, up 0.82%. In other words, the price has increased by $0.82 from its previous closing price. On the day, 0.57 million shares were traded. FIHL stock price reached its highest trading level at $16.15 during the session, while it also had its lowest trading level at $15.7506.
Ratios:
Our goal is to gain a better understanding of FIHL by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
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, Goldman on January 08, 2025, Downgraded its rating to Sell and sets its target price to $16 from $21 previously.
On September 17, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $18.50.
On September 05, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $21.Barclays initiated its Equal Weight rating on September 05, 2024, with a $21 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Crestview Partners IV GP, L.P. bought 4,974 shares for $17.37 per share.
Crestview Partners III GP, L.P bought 194 shares of FIHL for $3,370 on Sep 13 ’24. On Aug 28 ’24, another insider, Strickle Jonathan, who serves as the Officer of the company, bought 4,580 shares for $18.65 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FIHL now has a Market Capitalization of 1752435072 and an Enterprise Value of 1459055360. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 0.57.
Stock Price History:
The Beta on a monthly basis for FIHL is 0.28, which has changed by -0.039473712 over the last 52 weeks, in comparison to a change of 0.10500872 over the same period for the S&P500. Over the past 52 weeks, FIHL has reached a high of $21.32, while it has fallen to a 52-week low of $14.17. The 50-Day Moving Average of the stock is -4.01%, while the 200-Day Moving Average is calculated to be -6.07%.
Shares Statistics:
The stock has traded on average 644.14K shares per day over the past 3-months and 757350 shares per day over the last 10 days, according to various share statistics. A total of 108.90M shares are outstanding, with a floating share count of 53.28M. Insiders hold about 51.17% of the company’s shares, while institutions hold 42.69% stake in the company. Shares short for FIHL as of 1749772800 were 797529 with a Short Ratio of 1.24, compared to 1747267200 on 753561. Therefore, it implies a Short% of Shares Outstanding of 797529 and a Short% of Float of 1.0199999.
Dividends & Splits
In the trailing 12 months, FIHL’s forward annual dividend rate was 0.4, compared to 0.40 this year. Against a Trailing Annual Dividend Yield of 0.025109855
