American Coastal Insurance Corp [ACIC] stock prices are up 6.03% to $11.96 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ACIC shares have gain 10.54% over the last week, with a monthly amount glided 2.31%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
American Coastal Insurance Corp [NASDAQ: ACIC] stock has seen the most recent analyst activity on January 17, 2024, when Raymond James initiated its Outperform rating and assigned the stock a price target of $15. Previously, Raymond James downgraded its rating to Mkt Perform on August 10, 2021. On January 06, 2020, downgrade downgraded it’s rating to Underweight but maintained its price target of $12.50 on the stock. Wells Fargo downgraded its rating to a Market Perform and decreased its price target to $17 on May 08, 2019. Keefe Bruyette downgraded its rating to a Mkt Perform. Raymond James downgraded its rating to Outperform for this stock on May 14, 2018. In a note dated August 09, 2017, JMP Securities upgraded an Mkt Perform rating on this stock.
The stock price of American Coastal Insurance Corp [ACIC] has been fluctuating between $8.49 and $14.52 over the past year. Currently, Wall Street analysts expect the stock to reach $1.9 within the next 12 months. American Coastal Insurance Corp [NASDAQ: ACIC] shares were valued at $11.96 at the most recent close of the market. An investor can expect a potential drop of -84.11% based on the average ACIC price forecast.
Analyzing the ACIC fundamentals
The American Coastal Insurance Corp [NASDAQ:ACIC] reported sales of 302.26M for trailing twelve months, representing a drop of -1.37%. Gross Profit Margin for this corporation currently stands at -0.32% with Operating Profit Margin at -0.5%, Pretax Profit Margin comes in at -0.1%, and Net Profit Margin reading is -0.8%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.75 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.58.
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 11.51 points at the first support level, and at 11.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.21, and for the 2nd resistance point, it is at 12.46.
Ratios To Look Out For
It’s worth pointing out that American Coastal Insurance Corp [NASDAQ:ACIC]’s Current Ratio is 3.71. Considering the valuation of this stock, the price to sales ratio is 1.91, the price to book ratio is 2.21 and price to earnings (TTM) ratio is 7.89.
Transactions by insiders
Recent insider trading involved HUDSON SHERRILL W, Director, that happened on May 15 ’25 when 10000.0 shares were purchased. President, MARTZ BRAD completed a deal on Mar 14 ’25 to sell 50000.0 shares. Meanwhile, Chief Operating Officer Griffith Christopher sold 19836.0 shares on Mar 10 ’25.
