At the time of writing, CNA Financial Corp [CNA] stock is trading at $48.97, down -1.25%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CNA shares have gain 4.85% over the last week, with a monthly amount glided 11.32%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CNA Financial Corp [NYSE: CNA] stock has seen the most recent analyst activity on February 06, 2024, when BofA Securities downgraded its rating to a Underperform and also boosted its price target to $43 from $39. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on July 11, 2023. On May 03, 2023, upgrade upgraded it’s rating to Neutral and revised its price target to $41 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $52 on February 19, 2021. BofA Securities downgraded its rating to a Underperform. BofA Securities upgraded its rating to Neutral for this stock on November 03, 2020, but kept the price target unchanged to $37.
For the past year, the stock price of CNA Financial Corp fluctuated between $40.60 and $51.34. Currently, Wall Street analysts expect the stock to reach $45 within the next 12 months. CNA Financial Corp [NYSE: CNA] shares were valued at $48.97 at the most recent close of the market. An investor can expect a potential drop of -8.11% based on the average CNA price forecast.
Analyzing the CNA fundamentals
According to CNA Financial Corp [NYSE:CNA], the company’s sales were 13.87B for trailing twelve months, which represents an -6.36% plunge. Gross Profit Margin for this corporation currently stands at 0.95% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.13 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.28.
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 47.58 points at the first support level, and at 46.20 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.80, and for the 2nd resistance point, it is at 50.63.
Ratios To Look Out For
It is important to note that CNA Financial Corp [NYSE:CNA] has a current ratio of 0.42. Considering the valuation of this stock, the price to sales ratio is 0.96 and price to earnings (TTM) ratio is 13.95.
Transactions by insiders
Recent insider trading involved Worman Douglas, EVP & Head of Underwriting, that happened on Nov 07 ’24 when 22973.0 shares were sold. Officer, Worman Douglas completed a deal on Nov 07 ’24 to buy 22973.0 shares. Meanwhile, EVP, Chief Risk & Rein Off James Mark Steven sold 18547.0 shares on Sep 16 ’24.
