Loews Corporation (NYSE: L) started the day on September 11, 2020, with a price increase of 0.31% at $35.27. During the day, the stock rose to $35.60 and sunk to $34.67 before settling in for the price of $35.16 at the close. Taking a more long-term approach, L posted a 52-week range of $27.33-$56.88.
It was noted that the giant of the Financial sector posted annual sales growth of 0.80% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 4.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 54.60%. This publicly-traded company’s shares outstanding now amounts to $281.48 million, simultaneously with a float of $237.55 million. The organization now has a market capitalization sitting at $9.86 billion. At the time of writing, stock’s 50-day Moving Average stood at $36.14, while the 200-day Moving Average is $40.53.
It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 18605 workers. It has generated 793,926 per worker during the last fiscal year. For the Profitability, stocks operating margin was +10.70 and Pretax Margin of +7.58.
Loews Corporation (L) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Insurance – Property & Casualty Industry. Loews Corporation’s current insider ownership accounts for 15.24%, in contrast to 65.50% institutional ownership. According to the most recent insider trade that took place on Jun 19, this organization’s 10% Owner bought 25,784 shares at the rate of 32.41, making the entire transaction reach 835,659 in total value, affecting insider ownership by 243,214,203. Preceding that transaction, on Jun 18, Company’s 10% Owner bought 73,583 for 32.94, making the whole transaction’s value amount to 2,423,824. This particular insider is now the holder of 243,188,419 in total.
Loews Corporation (L) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 9/29/2019, the organization reported $0.22 earnings per share (EPS) for the three months, lower than the consensus estimate (set at $0.75) by -$0.53. This company achieved a net margin of +6.31 while generating a return on equity of 4.95. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Loews Corporation’s EPS increase for this current 12-month fiscal period is 54.60%. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.03% through the next 5 years, which can be compared against the 4.10% growth it accomplished over the previous five years trading on the market.
Loews Corporation (NYSE: L) Trading Performance Indicators
Let’s observe the current performance indicators for Loews Corporation (L). The Stock has managed to achieve an average true range (ATR) of 1.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.75. Similarly, its price to free cash flow for trailing twelve months is now 15.01.
In the same vein, L’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.20.
Technical Analysis of Loews Corporation (L)
If we take a close look at the recent performances of Loews Corporation (NYSE: L), its last 5-days Average volume was 0.99 million that shows plunge from its year to date volume of 1.28 million. During the previous 9 days, stock’s Stochastic %D was recorded 13.60% While, its Average True Range was 1.11.
Raw Stochastic average of Loews Corporation (L) in the period of the previous 100 days is set at 61.80%, which indicates a major rise in contrast to 18.58% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 29.42% that was lower than 42.14% volatility it exhibited in the past 100-days period.