Axis Capital Holdings Ltd [AXS] stock prices are down -0.64% to $71.32 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AXS shares have lost -3.20% over the last week, with a monthly amount drifted -0.27%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Axis Capital Holdings Ltd [NYSE: AXS] stock has seen the most recent analyst activity on November 13, 2023, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $66 from $59. Previously, BofA Securities upgraded its rating to Buy on September 15, 2023, and elevated its price target to $68. On September 08, 2023, Goldman initiated with a Sell rating and assigned a price target of $51 on the stock. Keefe Bruyette downgraded its rating to a Mkt Perform and decreased its price target to $60 on December 19, 2022. Wells Fargo downgraded its rating to a Underweight but $55 remained the price target by the analyst firm on December 16, 2022. Wells Fargo upgraded its rating to Equal Weight for this stock on January 04, 2022, and upped its price target to $57. In a note dated November 19, 2021, Jefferies initiated an Buy rating and provided a target price of $65 on this stock.
The stock price of Axis Capital Holdings Ltd [AXS] has been fluctuating between $52.90 and $74.82 over the past year. Currently, Wall Street analysts expect the stock to reach $59 within the next 12 months. Axis Capital Holdings Ltd [NYSE: AXS] shares were valued at $71.32 at the most recent close of the market. An investor can expect a potential drop of -17.27% based on the average AXS price forecast.
Analyzing the AXS fundamentals
The Axis Capital Holdings Ltd [NYSE:AXS] reported sales of 5.71B for trailing twelve months, representing a surge of 6.70%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.11 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
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 70.95 points at the first support level, and at 70.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 72.03, and for the 2nd resistance point, it is at 72.74.
Ratios To Look Out For
It’s worth pointing out that Axis Capital Holdings Ltd [NYSE:AXS]’s Current Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 1.22 and price to earnings (TTM) ratio is 10.92.
Transactions by insiders
Recent insider trading involved SMITH HENRY B, Director, that happened on Jun 03 ’24 when 7217.0 shares were sold. Director, GALANSKI STANLEY A completed a deal on May 28 ’24 to buy 2000.0 shares. Meanwhile, Director Millegan Michael bought 1400.0 shares on May 21 ’24.
