A share price of SiriusPoint Ltd [SPNT] is currently trading at $12.62, down -2.09%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPNT shares have gain 3.70% over the last week, with a monthly amount glided 3.78%, and seem to be holding up well over a long-time horizon.
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On 21, March 2024, SiriusPoint Announces Notes Offering, Tender Offer for 4.600% Senior Notes due 2026 and Redemption of 7.00% Senior Notes due 2025. In a post published today on Yahoo Finance, SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE: SPNT) announced today a proposed offering of senior unsecured notes (the “New Notes”) (the “Debt Offering”), a cash tender offer for any and all of its 4.600% Senior Notes due 2026 (the “2026 Notes”) (the “Tender Offer”) and that it will redeem all its outstanding 7.00% Senior Notes due 2025 (the “2025 Notes”) (the “Redemption”).
From an analyst’s perspective:
SiriusPoint Ltd experienced fluctuations in its stock price throughout the past year between $8.00 and $12.90. SiriusPoint Ltd [NYSE: SPNT] shares were valued at $12.62 at the most recent close of the market.
Analyzing the SPNT fundamentals
Trailing Twelve Months sales for SiriusPoint Ltd [NYSE:SPNT] were 2.80B which represents -4.13% decline. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.18 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.
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 12.44 points at the first support level, and at 12.27 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.91, and for the 2nd resistance point, it is at 13.21.
SiriusPoint Ltd [SPNT] reported earnings per share of $0.5 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.28/share, meaning a difference of $0.22 and a surprise factor of 78.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.32 per share as compared to estimates of $0.2 per share, a difference of $0.12 representing a surprise of 60.00%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for SiriusPoint Ltd [NYSE:SPNT] is 0.71. Considering the valuation of this stock, the price to sales ratio is 0.76, the price to book ratio is 0.92 and price to earnings (TTM) ratio is 6.22.
Transactions by insiders
Recent insider trading involved TAN WEI HAN, Director, that happened on Jun 23 ’23 when 17054.0 shares were purchased. Director, TAN WEI HAN completed a deal on Jun 05 ’23 to buy 1542.0 shares. Meanwhile, Director Loeb Daniel S bought 105.0 shares on May 25 ’23.
