At the time of writing, Fidelis Insurance Holdings Ltd [FIHL] stock is trading at $19.93, up 7.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FIHL shares have gain 9.09% over the last week, with a monthly amount glided 11.53%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Fidelis Insurance Holdings Ltd [NYSE: FIHL] stock has seen the most recent analyst activity on September 17, 2024, when Goldman initiated its Neutral rating and assigned the stock a price target of $18.50. Previously, Barclays started tracking the stock with Equal Weight rating on September 05, 2024, and set its price target to $21. On July 17, 2024, Evercore ISI initiated with a In-line rating and assigned a price target of $19 on the stock. JP Morgan downgraded its rating to a Neutral and decreased its price target to $15 on January 08, 2024. JP Morgan initiated its recommendation with a Overweight and recommended $16.50 as its price target on July 27, 2023. BMO Capital Markets started tracking with a Market Perform rating for this stock on July 25, 2023, and assigned it a price target of $15. In a note dated July 24, 2023, UBS initiated an Buy rating and provided a target price of $18 on this stock.
For the past year, the stock price of Fidelis Insurance Holdings Ltd fluctuated between $11.55 and $20.53. Currently, Wall Street analysts expect the stock to reach $19.75 within the next 12 months. Fidelis Insurance Holdings Ltd [NYSE: FIHL] shares were valued at $19.93 at the most recent close of the market. An investor can expect a potential drop of -0.9% based on the average FIHL price forecast.
Analyzing the FIHL fundamentals
According to Fidelis Insurance Holdings Ltd [NYSE:FIHL], the company’s sales were 2.30B for trailing twelve months, which represents an 25.45% 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 0.18%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.19 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.
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 18.27 points at the first support level, and at 16.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 21.45, and for the 2nd resistance point, it is at 22.98.
Ratios To Look Out For
It is important to note that Fidelis Insurance Holdings Ltd [NYSE:FIHL] has a current ratio of 1.30. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 0.85 and price to earnings (TTM) ratio is 5.22.
Transactions by insiders
Recent insider trading involved Crestview Partners IV GP, L.P., Director, that happened on Sep 13 ’24 when 4974.0 shares were purchased. Director, Crestview Partners III GP, L.P completed a deal on Sep 13 ’24 to buy 194.0 shares. Meanwhile, Officer Strickle Jonathan bought 4580.0 shares on Aug 28 ’24.
