At the time of writing, Cincinnati Financial Corp. [CINF] stock is trading at $137.03, up 1.05%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CINF shares have gain 3.18% over the last week, with a monthly amount glided 5.46%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Cincinnati Financial Corp. [NASDAQ: CINF] stock has seen the most recent analyst activity on June 28, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $135 from $126. Previously, BMO Capital Markets upgraded its rating to Outperform on March 25, 2024, and elevated its price target to $135. On December 14, 2023, Janney initiated with a Neutral rating. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $110 on November 22, 2023. Oppenheimer initiated its recommendation with a Perform. Keefe Bruyette upgraded its rating to Outperform for this stock on July 11, 2023. In a note dated May 18, 2023, BofA Securities upgraded an Buy rating on this stock and boosted its target price from $113 to $117.
For the past year, the stock price of Cincinnati Financial Corp. fluctuated between $96.86 and $135.92. Currently, Wall Street analysts expect the stock to reach $131.25 within the next 12 months. Cincinnati Financial Corp. [NASDAQ: CINF] shares were valued at $137.03 at the most recent close of the market. An investor can expect a potential drop of -4.22% based on the average CINF price forecast.
Analyzing the CINF fundamentals
According to Cincinnati Financial Corp. [NASDAQ:CINF], the company’s sales were 10.64B for trailing twelve months, which represents an -2.50% plunge. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.2%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.18 and Total Capital is 0.11. 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 135.92 points at the first support level, and at 134.80 for the second support level. However, for the 1st resistance point, the stock is sitting at 137.83, and for the 2nd resistance point, it is at 138.62.
Ratios To Look Out For
It is important to note that Cincinnati Financial Corp. [NASDAQ:CINF] has a current ratio of 0.59. Considering the valuation of this stock, the price to sales ratio is 2.01, the price to book ratio is 1.68 and price to earnings (TTM) ratio is 10.05.
Transactions by insiders
Recent insider trading involved Schiff Charles Odell, Director, that happened on Jul 31 ’24 when 6000.0 shares were sold. Director, Osborn David P completed a deal on Apr 29 ’24 to buy 2000.0 shares. Meanwhile, Director Debbink Dirk J bought 1000.0 shares on Apr 29 ’24.
