Hartford Financial Services Group Inc. [HIG] stock prices are up 0.35% to $100.10 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HIG shares have gain 0.07% over the last week, with a monthly amount drifted -0.74%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Hartford Financial Services Group Inc. [NYSE: HIG] stock has seen the most recent analyst activity on June 28, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $114 from $116. Previously, TD Cowen started tracking the stock with Outperform rating on January 10, 2024, and set its price target to $132. On January 08, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $91 on the stock. Oppenheimer started tracking the stock assigning a Perform rating. Deutsche Bank initiated its recommendation with a Hold and recommended $85 as its price target on October 05, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on June 20, 2023, and assigned it a price target of $71. In a note dated March 29, 2023, Goldman upgraded an Buy rating on this stock but restated the target price of $84.
The stock price of Hartford Financial Services Group Inc. [HIG] has been fluctuating between $68.82 and $105.20 over the past year. Currently, Wall Street analysts expect the stock to reach $91.5 within the next 12 months. Hartford Financial Services Group Inc. [NYSE: HIG] shares were valued at $100.10 at the most recent close of the market. An investor can expect a potential drop of -8.59% based on the average HIG price forecast.
Analyzing the HIG fundamentals
The Hartford Financial Services Group Inc. [NYSE:HIG] reported sales of 25.04B for trailing twelve months, representing a surge of 8.61%. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.13%, 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 0.19 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.28.
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 99.58 points at the first support level, and at 99.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 100.57, and for the 2nd resistance point, it is at 101.04.
Ratios To Look Out For
It’s worth pointing out that Hartford Financial Services Group Inc. [NYSE:HIG]’s Current Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 1.96 and price to earnings (TTM) ratio is 11.38.
Transactions by insiders
Recent insider trading involved FISHER MICHAEL R, EVP, that happened on Jul 01 ’24 when 4088.0 shares were sold. EVP, Bennett Jonathan R completed a deal on May 09 ’24 to sell 18335.0 shares. Meanwhile, EVP and CFO Costello Beth Ann sold 72076.0 shares on May 08 ’24.
