Hamilton Insurance Group Ltd. [HG] stock prices are up 3.82% to $19.86 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 HG shares have gain 15.60% over the last week, with a monthly amount glided 17.65%, and seem to be holding up well over a long-time horizon.
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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.
The stock price of Hamilton Insurance Group Ltd. [HG] has been fluctuating between $12.44 and $19.34 over the past year. 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 $19.86 at the most recent close of the market. An investor can expect a potential drop of -19.44% based on the average HG price forecast.
Analyzing the HG fundamentals
The Hamilton Insurance Group Ltd. [NYSE:HG] reported sales of 1.97B for trailing twelve months, representing a surge of 56.69%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.44%, Pretax Profit Margin comes in at 0.32%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.07, Equity is 0.22 and Total Capital is 0.24. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 19.25 points at the first support level, and at 18.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.24, and for the 2nd resistance point, it is at 20.62.
Ratios To Look Out For
It’s worth pointing out that Hamilton Insurance Group Ltd. [NYSE:HG]’s Current Ratio is 0.84. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 0.90 and price to earnings (TTM) ratio is 4.67.
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.
