At the time of writing, Skyward Specialty Insurance Group Inc [SKWD] stock is trading at $42.00, up 2.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SKWD shares have gain 1.92% over the last week, with a monthly amount glided 4.76%, 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:
Skyward Specialty Insurance Group Inc [NASDAQ: SKWD] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $44. On July 12, 2024, Oppenheimer initiated with a Outperform rating. Wolfe Research started tracking the stock assigning a Outperform rating and suggested a price target of $39 on January 11, 2024. Jefferies initiated its recommendation with a Buy and recommended $40 as its price target on December 12, 2023. BMO Capital Markets started tracking with a Market Perform rating for this stock on July 31, 2023, and assigned it a price target of $27. In a note dated February 07, 2023, Truist initiated an Buy rating and provided a target price of $26 on this stock.
For the past year, the stock price of Skyward Specialty Insurance Group Inc fluctuated between $27.12 and $42.26. Currently, Wall Street analysts expect the stock to reach $37.33 within the next 12 months. Skyward Specialty Insurance Group Inc [NASDAQ: SKWD] shares were valued at $42.00 at the most recent close of the market. An investor can expect a potential drop of -11.12% based on the average SKWD price forecast.
Analyzing the SKWD fundamentals
According to Skyward Specialty Insurance Group Inc [NASDAQ:SKWD], the company’s sales were 1.03B for trailing twelve months, which represents an 30.42% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.36%, 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 0.05, Equity is 0.18 and Total Capital is 0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.
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 41.18 points at the first support level, and at 40.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.60, and for the 2nd resistance point, it is at 43.19.
Ratios To Look Out For
It is important to note that Skyward Specialty Insurance Group Inc [NASDAQ:SKWD] has a current ratio of 0.76. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 2.31 and price to earnings (TTM) ratio is 14.23.
Transactions by insiders
Recent insider trading involved Terry Katharine, Director, that happened on Aug 09 ’24 when 1653.0 shares were sold. Director, Terry Katharine completed a deal on Aug 09 ’24 to buy 1653.0 shares. Meanwhile, 10% Owner WESTAIM Corp sold 5.06 million shares on May 09 ’24.
