Hamilton Insurance Group Ltd [NYSE: HG] stock went on an upward path that rose over 1.14% on Thursday, amounting to a one-week price increase of more than 4.98%.
Over the last 12 months, HG stock rose by 34.98%. The one-year Hamilton Insurance Group Ltd stock forecast points to a potential upside of 18.7. The average equity rating for HG stock is currently 1.43, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.89 billion, with 64.27 million shares outstanding and 56.83 million shares in the current float. Compared to the average trading volume of 555.05K shares, HG stock reached a trading volume of 316809 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Hamilton Insurance Group Ltd [HG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HG shares is $22.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HG stock is a recommendation set at 1.43. 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.
Barclays have made an estimate for Hamilton Insurance Group Ltd shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on September 05, 2024. The new note on the price target was released on August 19, 2024, representing the official price target for Hamilton Insurance Group Ltd stock. Previously, the target price had yet another raise to $16, while Wells Fargo analysts kept a Overweight rating on HG stock.
The Average True Range (ATR) for Hamilton Insurance Group Ltd is set at 0.78, with the Price to Sales ratio for HG stock in the period of the last 12 months amounting to 0.84. The Price to Book ratio for the last quarter was 0.81. Price to Free Cash Flow for HG in the course of the last twelve months was 2.49.
HG Stock Performance Analysis:
Hamilton Insurance Group Ltd [HG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.98. With this latest performance, HG shares dropped by -11.75% in over the last four-week period, additionally sinking by 0.00% over the last 6 months – not to mention a rise of 34.98% 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 HG stock in for the last two-week period is set at 42.39, with the RSI for the last a single of trading hit 42.37, and the three-weeks RSI is set at 43.76 for Hamilton Insurance Group Ltd [HG]. The present Moving Average for the last 50 days of trading for this stock 19.61, while it was recorded at 18.23 for the last single week of trading, and 18.64 for the last 200 days.
Insight into Hamilton Insurance Group Ltd Fundamentals:
Hamilton Insurance Group Ltd’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.72.
HG Stock EPS
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 HG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Hamilton Insurance Group Ltd go to 10.49%.
Hamilton Insurance Group Ltd [HG] Institutonal Ownership Details
There are presently around $73.37%, or 80.97%% of HG stock, in the hands of institutional investors. The top three institutional holders of HG stocks are: MAGNITUDE CAPITAL, LLC with ownership of 15.1 million shares, which is approximately 14.8121%. AMERICAN CENTURY COMPANIES INC, holding 2.08 million shares of the stock with an approximate value of $$34.7 million in HG stocks shares; and AMERICAN CENTURY COMPANIES INC, currently with $$33.83 million in HG stock with ownership which is approximately 1.9937%.
