Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $116.21 in the prior trading day, Hartford Financial Services Group Inc (NYSE: HIG) closed at $112.98, down -2.78%. In other words, the price has decreased by -$2.78 from its previous closing price. On the day, 2.63 million shares were traded. HIG stock price reached its highest trading level at $115.48 during the session, while it also had its lowest trading level at $111.34.
Ratios:
Our goal is to gain a better understanding of HIG by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.
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, BofA Securities on October 04, 2024, Downgraded its rating to Neutral and sets its target price to $121 from $113 previously.
On September 05, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $130.
Citigroup Downgraded its Buy to Neutral on June 28, 2024, whereas the target price for the stock was revised from $116 to $114.
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 Nov 21 ’24 when Bennett Jonathan R bought 24,094 shares for $119.66 per share.
TOOKER ADIN M sold 6,865 shares of HIG for $803,479 on Nov 15 ’24. The EVP now owns 25,820 shares after completing the transaction at $117.04 per share. On Nov 15 ’24, another insider, TOOKER ADIN M, who serves as the Officer of the company, bought 6,865 shares for $117.04 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HIG now has a Market Capitalization of 33688264704 and an Enterprise Value of 33256884224. As of this moment, Hartford’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.32, and their Forward P/E ratio for the next fiscal year is 9.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 1.275 whereas that against EBITDA is 7.818.
Stock Price History:
Over the past 52 weeks, HIG has reached a high of $124.90, while it has fallen to a 52-week low of $78.33. The 50-Day Moving Average of the stock is -3.94%, while the 200-Day Moving Average is calculated to be 5.16%.
Shares Statistics:
The stock has traded on average 1.47M shares per day over the past 3-months and 1484620 shares per day over the last 10 days, according to various share statistics. A total of 290.82M shares are outstanding, with a floating share count of 288.89M. Insiders hold about 0.34% of the company’s shares, while institutions hold 93.35% stake in the company. Shares short for HIG as of 1732838400 were 3175551 with a Short Ratio of 1.96, compared to 1730332800 on 2803349. Therefore, it implies a Short% of Shares Outstanding of 3175551 and a Short% of Float of 1.27.
Dividends & Splits
In the trailing 12 months, HIG’s forward annual dividend rate was 1.88, compared to 2.40 this year. Against a Trailing Annual Dividend Yield of 0.01617761The stock’s 5-year Average Dividend Yield is 2.27.
