A share price of W.R. Berkley Corp. [WRB] is currently trading at $82.12, up 0.15%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WRB shares have lost -1.93% over the last week, with a monthly amount drifted -3.96%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
W.R. Berkley Corp. [NYSE: WRB] stock has seen the most recent analyst activity on January 09, 2024, when Evercore ISI downgraded its rating to a In-line and also boosted its price target to $79 from $69. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on January 08, 2024, and kept the price target unchanged to $73. On December 06, 2023, downgrade downgraded it’s rating to Mkt Perform and revised its price target to $80 on the stock. BofA Securities upgraded its rating to a Buy and decreased its price target to $76 on March 15, 2023. BMO Capital Markets initiated its recommendation with a Market Perform and recommended $76 as its price target on January 20, 2023. Janney started tracking with a Buy rating for this stock on November 11, 2022, and assigned it a price target of $88. In a note dated September 06, 2022, Keefe Bruyette upgraded an Outperform rating on this stock and boosted its target price from $77 to $80.
W.R. Berkley Corp. experienced fluctuations in its stock price throughout the past year between $54.69 and $89.18. Currently, Wall Street analysts expect the stock to reach $82 within the next 12 months. W.R. Berkley Corp. [NYSE: WRB] shares were valued at $82.12 at the most recent close of the market. An investor can expect a potential drop of -0.15% based on the average WRB price forecast.
Analyzing the WRB fundamentals
Trailing Twelve Months sales for W.R. Berkley Corp. [NYSE:WRB] were 12.14B which represents 6.89% growth. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.2 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.39.
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 81.72 points at the first support level, and at 81.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 82.59, and for the 2nd resistance point, it is at 83.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for W.R. Berkley Corp. [NYSE:WRB] is 0.43. Considering the valuation of this stock, the price to sales ratio is 1.73, the price to book ratio is 2.83 and price to earnings (TTM) ratio is 16.23.
