At the time of writing, Hippo Holdings Inc [HIPO] stock is trading at $32.91, up 0.98%. 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 HIPO shares have gain 14.43% over the last week, with a monthly amount glided 73.85%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Hippo Holdings Inc [NYSE: HIPO] stock has seen the most recent analyst activity on July 22, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform and also revised its price target to $20 from $22. On November 17, 2022, Keefe Bruyette initiated with a Outperform rating and assigned a price target of $24 on the stock. JMP Securities started tracking the stock assigning a Mkt Outperform rating and suggested a price target of $4 on February 09, 2022. Morgan Stanley initiated its recommendation with a Overweight and recommended $4.60 as its price target on December 21, 2021. Jefferies started tracking with a Buy rating for this stock on November 19, 2021, and assigned it a price target of $8.
For the past year, the stock price of Hippo Holdings Inc fluctuated between $7.75 and $34.24. Currently, Wall Street analysts expect the stock to reach $42.13 within the next 12 months. Hippo Holdings Inc [NYSE: HIPO] shares were valued at $32.91 at the most recent close of the market. An investor can expect a potential return of 28.02% based on the average HIPO price forecast.
Analyzing the HIPO fundamentals
According to Hippo Holdings Inc [NYSE:HIPO], the company’s sales were 334.70M for trailing twelve months, which represents an 65.51% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.34%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.37 and Total Capital is -0.07.
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 32.18 points at the first support level, and at 31.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 33.49, and for the 2nd resistance point, it is at 34.06.
Ratios To Look Out For
It is important to note that Hippo Holdings Inc [NYSE:HIPO] has a current ratio of 1.40. Considering the valuation of this stock, the price to sales ratio is 2.40, the price to book ratio is 2.54.
Transactions by insiders
Recent insider trading involved McCathron Richard, Chief Executive Officer, that happened on Nov 21 ’24 when 15000.0 shares were sold. Director, RICHARD LYN MCCATHRON completed a deal on Nov 21 ’24 to buy 15000.0 shares. Meanwhile, GM & Chief Insurance, HHIP Stienstra Michael sold 2448.0 shares on Nov 18 ’24.
