Is Travelers Companies Inc. (TRV) Stock a Good Buy for Short-term Investors?

At the time of writing, Travelers Companies Inc. [TRV] stock is trading at $265.45, up 0.24%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TRV shares have gain 12.20% over the last week, with a monthly amount glided 11.73%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Travelers Companies Inc. [NYSE: TRV] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Overweight rating and assigned the stock a price target of $286. Previously, TD Cowen downgraded its rating to Hold on July 15, 2024, and dropped its price target to $230. On June 28, 2024, downgrade downgraded it’s rating to Mkt Perform. Citigroup downgraded its rating to a Sell and decreased its price target to $200 on June 28, 2024. TD Cowen initiated its recommendation with a Outperform and recommended $247 as its price target on January 10, 2024. HSBC Securities started tracking with a Hold rating for this stock on December 28, 2023, and assigned it a price target of $203. In a note dated December 20, 2023, Janney initiated an Buy rating and provided a target price of $215 on this stock.

For the past year, the stock price of Travelers Companies Inc. fluctuated between $157.33 and $265.19. Currently, Wall Street analysts expect the stock to reach $220.59 within the next 12 months. Travelers Companies Inc. [NYSE: TRV] shares were valued at $265.45 at the most recent close of the market. An investor can expect a potential drop of -16.9% based on the average TRV price forecast.

Analyzing the TRV fundamentals

According to Travelers Companies Inc. [NYSE:TRV], the company’s sales were 45.34B for trailing twelve months, which represents an 11.93% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.18 and Total Capital is 0.03.

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 261.46 points at the first support level, and at 257.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 269.50, and for the 2nd resistance point, it is at 273.54.

Ratios To Look Out For

It is important to note that Travelers Companies Inc. [NYSE:TRV] has a current ratio of 0.35. Considering the valuation of this stock, the price to sales ratio is 1.33, the price to book ratio is 2.18 and price to earnings (TTM) ratio is 13.62.

Transactions by insiders

Recent insider trading involved HEYMAN WILLIAM H, Vice Chairman, that happened on Aug 30 ’24 when 2000.0 shares were sold. Officer, HEYMAN WILLIAM H completed a deal on Aug 30 ’24 to buy 2000.0 shares. Meanwhile, EVP, Strat Dev & Pres Intl OLIVO MARIA sold 15000.0 shares on Aug 29 ’24.

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