Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $159.40 in the prior trading day, Palomar Holdings Inc (NASDAQ: PLMR) closed at $155.16, down -2.66%. In other words, the price has decreased by -$2.66 from its previous closing price. On the day, 0.3 million shares were traded. PLMR stock price reached its highest trading level at $160.95 during the session, while it also had its lowest trading level at $154.88.
Ratios:
Our goal is to gain a better understanding of PLMR by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On April 08, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also upped its target price recommendation from $79 to $85.
Jefferies Upgraded its Hold to Buy on March 14, 2024, whereas the target price for the stock was revised from $78 to $88.
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 Jun 18 ’25 when Uchida T Christopher sold 500 shares for $158.69 per share. The transaction valued at 79,345 led to the insider holds 7,420 shares of the business.
Armstrong Mac sold 5,000 shares of PLMR for $809,800 on May 21 ’25. The CEO and Chairman now owns 392,388 shares after completing the transaction at $161.96 per share. On May 21 ’25, another insider, Uchida T Christopher, who serves as the Chief Financial Officer of the company, sold 500 shares for $159.77 each. As a result, the insider received 79,885 and left with 7,920 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, PLMR now has a Market Capitalization of 4262695168 and an Enterprise Value of 4029998592. As of this moment, Palomar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.98, and their Forward P/E ratio for the next fiscal year is 19.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.81 while its Price-to-Book (P/B) ratio in mrq is 5.25. Its current Enterprise Value per Revenue stands at 6.607 whereas that against EBITDA is 23.287.
Stock Price History:
The Beta on a monthly basis for PLMR is 0.50, which has changed by 0.90825236 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, PLMR has reached a high of $175.85, while it has fallen to a 52-week low of $77.28. The 50-Day Moving Average of the stock is -0.85%, while the 200-Day Moving Average is calculated to be 28.65%.
Shares Statistics:
The stock has traded on average 310.68K shares per day over the past 3-months and 280370 shares per day over the last 10 days, according to various share statistics. A total of 26.74M shares are outstanding, with a floating share count of 26.10M. Insiders hold about 2.38% of the company’s shares, while institutions hold 93.48% stake in the company. Shares short for PLMR as of 1748563200 were 531345 with a Short Ratio of 1.71, compared to 1745971200 on 579837. Therefore, it implies a Short% of Shares Outstanding of 531345 and a Short% of Float of 2.4.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
