Monthly Drifts in Hippo Holdings Inc (HIPO) Stock: A Closer Look

Hippo Holdings Inc [HIPO] stock prices are up 4.18% to $26.92 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HIPO shares have gain 2.32% over the last week, with a monthly amount drifted -20.79%, and not 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.

The stock price of Hippo Holdings Inc [HIPO] has been fluctuating between $7.75 and $34.24 over the past year. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. Hippo Holdings Inc [NYSE: HIPO] shares were valued at $26.92 at the most recent close of the market. An investor can expect a potential return of 4.01% based on the average HIPO price forecast.

Analyzing the HIPO fundamentals

The Hippo Holdings Inc [NYSE:HIPO] reported sales of 334.70M for trailing twelve months, representing a surge of 65.51%. 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 25.97 points at the first support level, and at 24.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.45, and for the 2nd resistance point, it is at 27.95.

Ratios To Look Out For

It’s worth pointing out that Hippo Holdings Inc [NYSE:HIPO]’s Current Ratio is 1.40. Considering the valuation of this stock, the price to sales ratio is 1.96, the price to book ratio is 2.08.

Transactions by insiders

Recent insider trading involved Ellis Stewart, CFO/ Chief Strategy Officer, that happened on Dec 18 ’24 when 12000.0 shares were sold. CEO Spinnaker, Ostergaard Torben completed a deal on Dec 17 ’24 to sell 2092.0 shares. Meanwhile, Officer Ellis Stewart bought 12000.0 shares on Dec 18 ’24.

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