Travelers Companies Inc (TRV) stock hits $256.52: Is it a good time to buy or wait for a dip?

A share price of Travelers Companies Inc [TRV] is currently trading at $256.52, down -0.06%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TRV shares have gain 1.68% over the last week, with a monthly amount glided 5.59%, 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.

Travelers Companies Inc experienced fluctuations in its stock price throughout the past year between $167.08 and $269.55. Currently, Wall Street analysts expect the stock to reach $230.45 within the next 12 months. Travelers Companies Inc [NYSE: TRV] shares were valued at $256.52 at the most recent close of the market. An investor can expect a potential drop of -10.16% based on the average TRV price forecast.

Analyzing the TRV fundamentals

Trailing Twelve Months sales for Travelers Companies Inc [NYSE:TRV] were 45.34B which represents 11.93% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.05%, 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.29.

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 255.07 points at the first support level, and at 253.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 257.98, and for the 2nd resistance point, it is at 259.45.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Travelers Companies Inc [NYSE:TRV] is 0.35. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 2.10 and price to earnings (TTM) ratio is 13.16.

Transactions by insiders

Recent insider trading involved HEYMAN WILLIAM H, Vice Chairman, that happened on Nov 11 ’24 when 7000.0 shares were sold. Vice Chairman, HEYMAN WILLIAM H completed a deal on Nov 08 ’24 to sell 3000.0 shares. Meanwhile, Officer HEYMAN WILLIAM H bought 7000.0 shares on Nov 11 ’24.

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