At the time of writing, Kinsale Capital Group Inc [KNSL] stock is trading at $443.29, up 17.51%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KNSL shares have gain 19.68% over the last week, with a monthly amount glided 16.97%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, TD Cowen started tracking the stock with Hold rating on May 20, 2024, and set its price target to $403. On April 29, 2024, downgrade downgraded it’s rating to Sector Perform and revised its price target to $425 on the stock. BMO Capital Markets downgraded its rating to a Market Perform and increased its price target to $544 on February 28, 2024. Wolfe Research initiated its recommendation with a Outperform and recommended $521 as its price target on September 22, 2023. BMO Capital Markets upgraded its rating to Outperform for this stock on June 02, 2023, and upped its price target to $389. In a note dated February 21, 2023, Compass Point downgraded an Neutral rating on this stock but restated the target price of $350.
For the past year, the stock price of Kinsale Capital Group Inc fluctuated between $325.01 and $548.47. Currently, Wall Street analysts expect the stock to reach $424.25 within the next 12 months. Kinsale Capital Group Inc [NYSE: KNSL] shares were valued at $443.29 at the most recent close of the market. An investor can expect a potential drop of -4.3% based on the average KNSL price forecast.
Analyzing the KNSL fundamentals
According to Kinsale Capital Group Inc [NYSE:KNSL], the company’s sales were 1.42B for trailing twelve months, which represents an 29.62% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.33 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.15.
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 415.57 points at the first support level, and at 387.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 457.65, and for the 2nd resistance point, it is at 472.02.
Ratios To Look Out For
It is important to note that Kinsale Capital Group Inc [NYSE:KNSL] has a current ratio of 0.38. Considering the valuation of this stock, the price to sales ratio is 7.28, the price to book ratio is 8.21 and price to earnings (TTM) ratio is 27.87.
Transactions by insiders
Recent insider trading involved Haney Brian D., President and COO, that happened on Jun 13 ’24 when 1500.0 shares were sold. Chairman and CEO, Kehoe Michael P completed a deal on Jun 04 ’24 to sell 4000.0 shares. Meanwhile, Chairman and CEO Kehoe Michael P sold 3000.0 shares on Jun 04 ’24.
