W.R. Berkley Corp. [WRB] stock is trading at $57.63, up 0.65%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WRB shares have gain 2.20% over the last week, with a monthly amount drifted -4.36%, and not 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:
W.R. Berkley Corp. [NYSE: WRB] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Underweight rating and assigned the stock a price target of $56. Previously, TD Cowen started tracking the stock with Buy rating on July 01, 2024, and set its price target to $103. On June 13, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $83 on the stock. Evercore ISI downgraded its rating to a In-line and increased its price target to $79 on January 09, 2024. RBC Capital Mkts downgraded its rating to a Sector Perform but $73 remained the price target by the analyst firm on January 08, 2024. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on December 06, 2023, and upped its price target to $80. In a note dated March 15, 2023, BofA Securities upgraded an Buy rating on this stock and revised its target price from $77 to $76.
W.R. Berkley Corp. [WRB] stock has fluctuated between $40.65 and $61.01 over the past year. Currently, Wall Street analysts expect the stock to reach $76.88 within the next 12 months. W.R. Berkley Corp. [NYSE: WRB] shares were valued at $57.63 at the most recent close of the market. An investor can expect a potential return of 33.4% based on the average WRB price forecast.
Analyzing the WRB fundamentals
W.R. Berkley Corp. [NYSE:WRB] reported sales of 12.82B for the trailing twelve months, which represents a growth of 10.62%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.21 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
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 57.11 points at the first support level, and at 56.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.93, and for the 2nd resistance point, it is at 58.22.
Ratios To Look Out For
For context, W.R. Berkley Corp.’s Current Ratio is 0.42. Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 2.82 and price to earnings (TTM) ratio is 15.13.
