W.R. Berkley Corp [WRB] stock is trading at $64.33, up 2.03%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WRB shares have gain 6.88% over the last week, with a monthly amount glided 10.14%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
W.R. Berkley Corp [NYSE: WRB] stock has seen the most recent analyst activity on November 25, 2024, when Goldman upgraded its rating to a Buy but kept the price target unchanged to $69 for it. Previously, Barclays started tracking the stock with Underweight rating on September 05, 2024, and set its price target to $56. On July 01, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $103 on the stock. Goldman downgraded its rating to a Neutral and decreased its price target to $83 on June 13, 2024. Evercore ISI downgraded its rating to a In-line and raised its price target to $79 on January 09, 2024. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on January 08, 2024, but kept the price target unchanged to $73. In a note dated December 06, 2023, Keefe Bruyette downgraded an Mkt Perform rating on this stock and boosted its target price from $69 to $80.
W.R. Berkley Corp [WRB] stock has fluctuated between $45.26 and $63.46 over the past year. Currently, Wall Street analysts expect the stock to reach $67.77 within the next 12 months. W.R. Berkley Corp [NYSE: WRB] shares were valued at $64.33 at the most recent close of the market. An investor can expect a potential return of 5.35% based on the average WRB price forecast.
Analyzing the WRB fundamentals
W.R. Berkley Corp [NYSE:WRB] reported sales of 13.19B for the trailing twelve months, which represents a growth of 12.20%. Gross Profit Margin for this corporation currently stands at 0.72% with Operating Profit Margin at 0.08%, 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 0.04, Equity is 0.2 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
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 63.37 points at the first support level, and at 62.42 for the second support level. However, for the 1st resistance point, the stock is sitting at 64.87, and for the 2nd resistance point, it is at 65.42.
Ratios To Look Out For
For context, W.R. Berkley Corp’s Current Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 1.86, the price to book ratio is 2.91 and price to earnings (TTM) ratio is 16.50.
