Chubb Limited (NYSE:CB) Relative Strength Index (RSI) is 52.36, with weekly volatility at 4.33% and ATR at 5.08. The CB stock’s 52-week price range has touched low of $87.35 and a $167.74 high. Intraday shares traded counted 0.86 million, which was 75.53% higher than its 30-day average trading volume of 3.50M. Its shares traded lower over the last trading session, losing -5.13% on 06/10/20. The shares fell to a low of $130.92 before closing at $124.26. CB’s previous close was $130.98 while the outstanding shares total 451.87M. The firm has a beta of 0.73, a 12-month trailing P/E ratio of 16.36, and a growth ratio of 4.51.
Investors have identified the Insurance – Property & Casualty company Chubb Limited as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $59.19 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Potential earnings growth for Chubb Limited (CB)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, Chubb Limited recorded a total of 7.7 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -2.33% coming in sequential stages and their sales for the third quarter reducing by -13.52%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 7.1 billion trying to sell their products during the last quarter, with the result yielding a gross income of 467.0 million. This allows shareholders to hold on to 451.87M with the revenue now reading 0.56 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (2.61 cents a share).
Having a look at the company’s valuation, the company is expected to record 10.11 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CB sounds very interesting.
Is the stock of CB attractive?
In related news, Director, SCULLY ROBERT W bought 9,750 shares of the company’s stock in a transaction that recorded on May 01. The purchase was performed at an average price of 102.40, for a total value of 998,400. As the purchase deal closes, the Director, Shasta Theodore now bought 2,000 shares of the company’s stock, valued at 199,480. Also, Director, Shasta Theodore bought 2,000 shares of the company’s stock in a deal that was recorded on Mar 13. The shares were cost at an average price of 116.53 per share, with a total market value of 233,060. Following this completion of disposal, the Chief Accounting Officer, MEDINI PAUL BENNETT now holds 3,982 shares of the company’s stock, valued at 650,699. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
7 out of 21 analysts covering the stock have rated it a Buy, while 10 have maintained a Hold recommendation on Chubb Limited. 2 analysts has assigned a Sell rating on the CB stock. The 12-month mean consensus price target for the company’s shares has been set at $132.38.