At the time of writing, Axis Capital Holdings Ltd [AXS] stock is trading at $93.54, down -0.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AXS shares have gain 2.53% over the last week, with a monthly amount glided 18.35%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Axis Capital Holdings Ltd [NYSE: AXS] stock has seen the most recent analyst activity on October 04, 2024, when TD Cowen initiated its Buy rating and assigned the stock a price target of $118. Previously, Keefe Bruyette upgraded its rating to Outperform on November 13, 2023, and elevated its price target to $66. On September 15, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $68 on the stock. Goldman started tracking the stock assigning a Sell rating and suggested a price target of $51 on September 08, 2023. Keefe Bruyette downgraded its rating to a Mkt Perform and reduced its price target to $60 on December 19, 2022. Wells Fargo downgraded its rating to Underweight for this stock on December 16, 2022, but kept the price target unchanged to $55. In a note dated January 04, 2022, Wells Fargo upgraded an Equal Weight rating on this stock and boosted its target price from $54 to $57.
For the past year, the stock price of Axis Capital Holdings Ltd fluctuated between $53.49 and $94.42. Currently, Wall Street analysts expect the stock to reach $81.33 within the next 12 months. Axis Capital Holdings Ltd [NYSE: AXS] shares were valued at $93.54 at the most recent close of the market. An investor can expect a potential drop of -13.05% based on the average AXS price forecast.
Analyzing the AXS fundamentals
According to Axis Capital Holdings Ltd [NYSE:AXS], the company’s sales were 5.91B for trailing twelve months, which represents an 7.83% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.11 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.23.
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 93.13 points at the first support level, and at 92.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 94.07, and for the 2nd resistance point, it is at 94.61.
Ratios To Look Out For
It is important to note that Axis Capital Holdings Ltd [NYSE:AXS] has a current ratio of 0.65. Considering the valuation of this stock, the price to sales ratio is 1.32, the price to book ratio is 1.41 and price to earnings (TTM) ratio is 12.99.
Transactions by insiders
Recent insider trading involved SMITH HENRY B, Director, that happened on Jun 03 ’24 when 7217.0 shares were sold. Director, GALANSKI STANLEY A completed a deal on May 28 ’24 to buy 2000.0 shares. Meanwhile, Director Millegan Michael bought 1400.0 shares on May 21 ’24.
