Axis Capital Holdings Ltd (NYSE: AXS) on Tuesday, soared 0.11% from the previous trading day, before settling in for the closing price of $62.18. Within the past 52 weeks, AXS’s price has moved between $51.61 and $65.86.
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Financial Sector giant saw their annual sales surged by 1.81% over the last five years. The company achieved an average annual earnings per share of 74.73%. With a float of $76.48 million, this company’s outstanding shares have now reached $85.29 million.
The firm has a total of 2048 workers. Let’s measure their productivity.
Axis Capital Holdings Ltd (AXS) Insider Activity
Observing investor behavior towards Insurance – Specialty industry stocks is more important than anything else. The insider ownership of Axis Capital Holdings Ltd is 9.43%, while institutional ownership is 86.05%. The most recent insider transaction that took place on Feb 06 ’24, was worth 409,150. In this transaction Director of this company bought 7,000 shares at a rate of $58.45, taking the stock ownership to the 9,763 shares. Before that another transaction happened on Aug 07 ’23, when Company’s Director sold 6,000 for $55.50, making the entire transaction worth $333,000. This insider now owns 49,710 shares in total.
Axis Capital Holdings Ltd (AXS) Earnings and Forecasts
As on 12/31/2023, Multinational firm has announced its last quarter scores, in which it reported 2.33 earnings per share (EPS) for the period topping the consensus outlook (set at 1.97) by 0.36. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.67 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 74.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.00% during the next five years compared to 286.70% growth over the previous five years of trading.
Axis Capital Holdings Ltd (NYSE: AXS) Trading Performance Indicators
Axis Capital Holdings Ltd (AXS) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.93. Likewise, its price to free cash flow for the trailing twelve months is 4.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.01, a number that is poised to hit 2.40 in the next quarter and is forecasted to reach 10.56 in one year’s time.
Technical Analysis of Axis Capital Holdings Ltd (AXS)
Analysing the last 5-days average volume posted by the [Axis Capital Holdings Ltd, AXS], we can find that recorded value of 0.74 million was better than the volume posted last year of 0.64 million. As of the previous 9 days, the stock’s Stochastic %D was 43.43%. Additionally, its Average True Range was 1.17.
During the past 100 days, Axis Capital Holdings Ltd’s (AXS) raw stochastic average was set at 70.82%, which indicates a significant increase from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.74% in the past 14 days, which was higher than the 20.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.57, while its 200-day Moving Average is $57.47. Now, the first resistance to watch is $62.63. This is followed by the second major resistance level at $63.01. The third major resistance level sits at $63.51. If the price goes on to break the first support level at $61.74, it is likely to go to the next support level at $61.24. Should the price break the second support level, the third support level stands at $60.86.
Axis Capital Holdings Ltd (NYSE: AXS) Key Stats
Market capitalization of the company is 5.26 billion based on 84,687K outstanding shares. Right now, sales total 5,643 M and income totals 376,290 K. The company made 1,481 M in profit during its latest quarter, and -142,580 K in sales during its previous quarter.
