In the latest session, Hamilton Insurance Group Ltd. (NYSE: HG) closed at $12.70 down -2.91% from its previous closing price of $13.08. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 980050 shares were traded. HG stock price reached its highest trading level at $13.59 during the session, while it also had its lowest trading level at $12.65.
Ratios:
For a deeper understanding of Hamilton Insurance Group Ltd.’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
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 this company, JMP Securities on December 05, 2023, initiated with a Mkt Outperform rating and assigned the stock a target price of $21.
On December 05, 2023, Citigroup started tracking the stock assigning a Buy rating and target price of $19.
On December 05, 2023, BMO Capital Markets started tracking the stock assigning a Outperform rating and target price of $18.BMO Capital Markets initiated its Outperform rating on December 05, 2023, with a $18 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 11 ’23 when Gauthier John J bought 10,000 shares for $15.41 per share. The transaction valued at 154,145 led to the insider holds 10,000 shares of the business.
Freda William C sold 5,099 shares of HG for $76,485 on Nov 22 ’23. The Director now owns 214,994 shares after completing the transaction at $15.00 per share. On Nov 22 ’23, another insider, Bernhard Keith Donald, who serves as the Group Chief Audit Officer of the company, sold 2,610 shares for $15.00 each. As a result, the insider received 39,150 and left with 67,134 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, HG now has a Market Capitalization of 1.41B and an Enterprise Value of 763.52M. As of this moment, Hamilton’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.40, and their Forward P/E ratio for the next fiscal year is 3.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 0.68. Its current Enterprise Value per Revenue stands at 0.47.
Stock Price History:
Over the past 52 weeks, HG has reached a high of $16.35, while it has fallen to a 52-week low of $13.08. The 50-Day Moving Average of the stock is 14.65, while the 200-Day Moving Average is calculated to be 14.84.
Shares Statistics:
For the past three months, HG has traded an average of 224.42K shares per day and 679.29k over the past ten days. A total of 56.04M shares are outstanding, with a floating share count of 46.48M. Insiders hold about 57.83% of the company’s shares, while institutions hold 35.08% stake in the company. Shares short for HG as of Feb 29, 2024 were 21.79k with a Short Ratio of 0.10, compared to 8.76k on Jan 31, 2024.
Earnings Estimates
There are 6 different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $0.7, with high estimates of $0.77 and low estimates of $0.67.
Analysts are recommending an EPS of between $3.35 and $2.7 for the fiscal current year, implying an average EPS of $2.85. EPS for the following year is $3.42, with 6 analysts recommending between $3.59 and $3.27.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for HG’s current fiscal year. The highest revenue estimate was $2.08B, while the lowest revenue estimate was $1.82B, resulting in an average revenue estimate of $1.95B. In the same quarter a year ago, actual revenue was $1.48B, up 31.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $2.24B in the next fiscal year. The high estimate is $2.37B and the low estimate is $2.12B. The average revenue growth estimate for next year is up 14.90% from the average revenue estimate for this year.
