Kingstone Cos. Inc [KINS] stock is trading at $4.45, up 14.40%. An important factor to consider is whether the stock is rising or falling in short-term value. The KINS shares have gain 14.99% over the last week, with a monthly amount glided 17.11%, and seem to be holding up well over a long-time horizon.
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On 27, March 2024, Kingstone Announces Fourth Quarter and Full Year 2023 Financial Results. In a post published today on Yahoo Finance, Returns to Profitability and Achieves Combined Ratio of 89.5% in 4Q23;Issues Initial Guidance for FY2024.
From an analyst’s perspective:
Previously, Compass Point reaffirmed its Buy rating on November 14, 2014, and elevated its price target to $10.
Kingstone Cos. Inc [KINS] stock has fluctuated between $1.04 and $4.27 over the past year. Kingstone Cos. Inc [NASDAQ: KINS] shares were valued at $4.45 at the most recent close of the market.
Analyzing the KINS fundamentals
Kingstone Cos. Inc [NASDAQ:KINS] reported sales of 127.80M for the trailing twelve months, which represents a growth of 14.20%. Gross Profit Margin for this corporation currently stands at -16.36% with Operating Profit Margin at 14.69%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.28 and Total Capital is 5.33. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-351.38.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.17 points at the first support level, and at 3.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.61, and for the 2nd resistance point, it is at 4.78.
Kingstone Cos. Inc [KINS] reported earnings per share of -$0.27 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.05/share, meaning a difference of -$0.22 and a surprise factor of -440.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.06 per share as compared to estimates of -$0.01 per share, a difference of -$0.05 representing a surprise of -500.00%.
Ratios To Look Out For
For context, Kingstone Cos. Inc’s Current Ratio is 0.38. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 1.39.
Transactions by insiders
Recent insider trading involved Golden Meryl S., Chief Operating Officer, that happened on Aug 30 ’23 when 2019.0 shares were purchased. Chief Operating Officer, Golden Meryl S. completed a deal on Aug 29 ’23 to buy 2516.0 shares. Meanwhile, Chief Operating Officer Golden Meryl S. bought 2813.0 shares on Aug 28 ’23.
