In the latest session, Chubb Limited (NYSE: CB) closed at $248.03 down -2.03% from its previous closing price of $253.16. In other words, the price has decreased by -$5.13 from its previous closing price. On the day, 1424935 shares were traded. CB stock price reached its highest trading level at $253.68 during the session, while it also had its lowest trading level at $246.85.
Ratios:
For a deeper understanding of Chubb Limited’s stock, let’s take a closer look at its various 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, HSBC Securities on April 04, 2024, Downgraded its rating to Hold and sets its target price to $270 from $275 previously.
On March 14, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $238 to $275.
On January 10, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $254.TD Cowen initiated its Market Perform rating on January 10, 2024, with a $254 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 Mar 20 ’24 when BOROUGHS TIMOTHY ALAN sold 14,303 shares for $258.78 per share. The transaction valued at 3,701,344 led to the insider holds 35,662 shares of the business.
BOROUGHS TIMOTHY ALAN sold 5,697 shares of CB for $1,475,817 on Mar 20 ’24. The Executive Vice President* now owns 0 shares after completing the transaction at $259.05 per share. On Mar 19 ’24, another insider, Lupica John J, who serves as the Vice Chrm, Chubb Group* of the company, sold 34,464 shares for $258.92 each. As a result, the insider received 8,923,566 and left with 130,937 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 100.70B and an Enterprise Value of 116.87B. As of this moment, Chubb’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.36, and their Forward P/E ratio for the next fiscal year is 10.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 2.35.
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 $183.71. The 50-Day Moving Average of the stock is 252.11, while the 200-Day Moving Average is calculated to be 222.13.
Shares Statistics:
For the past three months, CB has traded an average of 1.73M shares per day and 1.38M over the past ten days. A total of 405.27M shares are outstanding, with a floating share count of 403.32M. Insiders hold about 0.60% of the company’s shares, while institutions hold 86.64% stake in the company. Shares short for CB as of Mar 28, 2024 were 2.36M with a Short Ratio of 1.47, compared to 2.45M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.58% and a Short% of Float of 0.59%.
Dividends & Splits
According to the company, the forward annual dividend rate for CB is 3.44, from 3.41 in the trailing year. Against a Trailing Annual Dividend Yield of 1.35%, it implies a Forward Annual Dividend Yield of 1.39%. The stock’s 5-year Average Dividend Yield is 1.84. 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
There are 20 different market analysts currently analyzing its stock. On average, analysts expect EPS of $5.34 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 $21.74. EPS for the following year is $23.77, with 22 analysts recommending between $25.5 and $21.8.
Revenue Estimates
A total of 6 analysts believe the company’s revenue will be $10.29B this quarter.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.
