At the time of writing, Hamilton Insurance Group Ltd. [HG] stock is trading at $17.24, up 2.07%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HG shares have gain 2.74% over the last week, with a monthly amount glided 3.54%, and 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:
Hamilton Insurance Group Ltd. [NYSE: HG] stock has seen the most recent analyst activity on April 11, 2024, when Wells Fargo upgraded its rating to a Overweight but kept the price target unchanged to $16 for it. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on December 05, 2023, and set its price target to $21. On December 05, 2023, Citigroup initiated with a Buy rating and assigned a price target of $19 on the stock. BMO Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $18 on December 05, 2023.
For the past year, the stock price of Hamilton Insurance Group Ltd. fluctuated between $12.44 and $18.07. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Hamilton Insurance Group Ltd. [NYSE: HG] shares were valued at $17.24 at the most recent close of the market. An investor can expect a potential drop of -7.19% based on the average HG price forecast.
Analyzing the HG fundamentals
According to Hamilton Insurance Group Ltd. [NYSE:HG], the company’s sales were 1.76B for trailing twelve months, which represents an 120.39% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at 0.27%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.19 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.07.
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 16.96 points at the first support level, and at 16.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.49, and for the 2nd resistance point, it is at 17.74.
Ratios To Look Out For
It is important to note that Hamilton Insurance Group Ltd. [NYSE:HG] has a current ratio of 0.89. Considering the valuation of this stock, the price to sales ratio is 1.09, the price to book ratio is 0.87 and price to earnings (TTM) ratio is 5.23.
Transactions by insiders
Recent insider trading involved Patterson Alan Neil, Director, that happened on May 16 ’24 when 21135.0 shares were purchased. Group Chief Accounting Officer, Deegan Brian John completed a deal on May 16 ’24 to sell 22000.0 shares. Meanwhile, Director Gauthier John J bought 10000.0 shares on Dec 11 ’23.
