Chubb Limited [NYSE: CB] closed the trading session at $172.52 on 08/05/21. The day’s price range saw the stock hit a low of $169.31, while the highest price level was $174.48. The company report on July 28, 2021 that Chubb Reports Strong Second Quarter Net Income Per Share of $5.06 and Record Core Operating Income Per Share of $3.62; Consolidated Net Premiums Written Up 14.3% Globally, with Commercial P&C Lines Up 19.9%; Best Organic P&C Growth in Over 15 Years.
– Net income was strong at $2.27 billion versus a net loss of $(331) million prior year, and core operating income was a record $1.62 billion versus a core operating loss of $(254) million prior year.
– P&C net premiums written were up 15.5% globally for the quarter and 12.6% for the first six months, powered by commercial lines and the best organic P&C growth since 2004. The quarter’s result comprised growth of 20.7% in commercial lines excluding Agriculture, 11.0% in Agriculture and 5.6% in P&C consumer lines. Foreign exchange had a positive impact on P&C net premiums written growth of 2.8 percentage points in the quarter.
The stocks have a year to date performance of 12.08 percent and weekly performance of 3.04 percent. The stock has been moved at 6.02 percent over the last six months. The stock has performed 6.51 percent around the most recent 30 days and changed -0.42 percent over the most recent 3-months.
If compared to the average trading volume of 1.96M shares, CB reached to a volume of 2522729 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Chubb Limited [CB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CB shares is $185.79 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CB stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for Chubb Limited shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 30, 2021. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on April 28, 2021, representing the official price target for Chubb Limited stock. Previously, the target price had yet another raise to $155, while JP Morgan analysts kept a Neutral rating on CB stock. On December 22, 2020, analysts increased their price target for CB shares from 132 to 138.
The Average True Range (ATR) for Chubb Limited is set at 3.75, with the Price to Sales ratio for CB stock in the period of the last 12 months amounting to 1.98. The Price to Book ratio for the last quarter was 1.28, with the Price to Cash per share for the same quarter was set at 4.13. Price to Free Cash Flow for CB in the course of the last twelve months was 7.77.
CB stock trade performance evaluation
Chubb Limited [CB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.04. With this latest performance, CB shares gained by 6.51% in over the last four-week period, additionally plugging by 6.02% over the last 6 months – not to mention a rise of 37.28% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CB stock in for the last two-week period is set at 61.29, with the RSI for the last a single of trading hit 65.32, and the three-weeks RSI is set at 58.46 for Chubb Limited [CB]. The present Moving Average for the last 50 days of trading for this stock 165.62, while it was recorded at 171.26 for the last single week of trading, and 159.23 for the last 200 days.
Chubb Limited [CB]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Chubb Limited [CB] shares currently have an operating margin of +10.38. Chubb Limited’s Net Margin is presently recorded at +9.80.
Return on Total Capital for CB is now 5.02, given the latest momentum, and Return on Invested Capital for the company is 4.88. Return on Equity for this stock inclined to 6.16, with Return on Assets sitting at 2.12. When it comes to the capital structure of this company, Chubb Limited [CB] has a Total Debt to Total Equity ratio set at 28.90. Additionally, CB Total Debt to Total Capital is recorded at 22.42, with Total Debt to Total Assets ending up at 9.98. Long-Term Debt to Equity for the company is recorded at 26.28, with the Long-Term Debt to Total Capital now at 20.39.
Reflecting on the efficiency of the workforce at the company, Chubb Limited [CB] managed to generate an average of $113,968 per employee.
Earnings per share (EPS) analysis for Chubb Limited [CB] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Chubb Limited go to 27.06%.