Palomar Holdings Inc (PLMR) stock price forecast predicts $119 value

Palomar Holdings Inc [PLMR] stock prices are up 4.60% to $171.47 at the moment. 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 PLMR shares have gain 6.62% over the last week, with a monthly amount glided 18.24%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Palomar Holdings Inc [NASDAQ: PLMR] stock has seen the most recent analyst activity on April 08, 2025, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $150 for it. Previously, JP Morgan downgraded its rating to Neutral on April 08, 2024, and elevated its price target to $85. On March 14, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $88 on the stock. Keefe Bruyette upgraded its rating to a Outperform and increased its price target to $64 on May 16, 2023. Evercore ISI downgraded its rating to a In-line but $52 remained the price target by the analyst firm on January 10, 2023. Jefferies started tracking with a Hold rating for this stock on December 12, 2022, and assigned it a price target of $55. In a note dated October 18, 2022, JMP Securities downgraded an Mkt Perform rating on this stock.

The stock price of Palomar Holdings Inc [PLMR] has been fluctuating between $77.28 and $165.00 over the past year. Currently, Wall Street analysts expect the stock to reach $119 within the next 12 months. Palomar Holdings Inc [NASDAQ: PLMR] shares were valued at $171.47 at the most recent close of the market. An investor can expect a potential drop of -30.6% based on the average PLMR price forecast.

Analyzing the PLMR fundamentals

The Palomar Holdings Inc [NASDAQ:PLMR] reported sales of 609.06M for trailing twelve months, representing a surge of 47.12%. Gross Profit Margin for this corporation currently stands at 0.86% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.19 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 166.95 points at the first support level, and at 162.43 for the second support level. However, for the 1st resistance point, the stock is sitting at 174.18, and for the 2nd resistance point, it is at 176.89.

Ratios To Look Out For

It’s worth pointing out that Palomar Holdings Inc [NASDAQ:PLMR]’s Current Ratio is 1.61. Considering the valuation of this stock, the price to sales ratio is 7.53, the price to book ratio is 5.80 and price to earnings (TTM) ratio is 34.24.

Transactions by insiders

Recent insider trading involved Armstrong Mac, CEO and Chairman, that happened on May 21 ’25 when 5000.0 shares were sold. Chief Financial Officer, Uchida T Christopher completed a deal on May 21 ’25 to sell 500.0 shares. Meanwhile, Officer CHRISTOPHER UCHIDA bought 2000.0 shares on May 21 ’25.

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