A share price of Hartford Financial Services Group Inc [HIG] is currently trading at $118.21, up 1.19%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HIG shares have gain 0.48% over the last week, with a monthly amount drifted -1.54%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hartford Financial Services Group Inc [NYSE: HIG] stock has seen the most recent analyst activity on October 04, 2024, when BofA Securities downgraded its rating to a Neutral and also boosted its price target to $121 from $113. Previously, Barclays started tracking the stock with Equal Weight rating on September 05, 2024, and set its price target to $130. On June 28, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $114 on the stock. TD Cowen started tracking the stock assigning a Outperform rating and suggested a price target of $132 on January 10, 2024. JP Morgan downgraded its rating to a Neutral and reduced its price target to $91 on January 08, 2024. In a note dated October 05, 2023, Deutsche Bank initiated an Hold rating and provided a target price of $85 on this stock.
Hartford Financial Services Group Inc experienced fluctuations in its stock price throughout the past year between $75.83 and $123.23. Currently, Wall Street analysts expect the stock to reach $108.54 within the next 12 months. Hartford Financial Services Group Inc [NYSE: HIG] shares were valued at $118.21 at the most recent close of the market. An investor can expect a potential drop of -8.18% based on the average HIG price forecast.
Analyzing the HIG fundamentals
Trailing Twelve Months sales for Hartford Financial Services Group Inc [NYSE:HIG] were 26.06B which represents 9.45% growth. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, 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 0.19 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 0.26.
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 116.92 points at the first support level, and at 115.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 119.08, and for the 2nd resistance point, it is at 119.95.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Hartford Financial Services Group Inc [NYSE:HIG] is 0.33. Considering the valuation of this stock, the price to sales ratio is 1.32, the price to book ratio is 2.06 and price to earnings (TTM) ratio is 11.84.
Transactions by insiders
Recent insider trading involved TOOKER ADIN M, EVP, that happened on Nov 15 ’24 when 6865.0 shares were sold. Officer, TOOKER ADIN M completed a deal on Nov 15 ’24 to buy 6865.0 shares. Meanwhile, Officer Bennett Jonathan R bought 25619.0 shares on Nov 11 ’24.
