Hartford Financial Services Group Inc. (HIG) 14-day ATR is 1.79: This Stock is Set to Soar Above its Peers

Hartford Financial Services Group Inc. (NYSE: HIG) open the trading on Wednesday, with great promise as it jumped 0.02% to $101.94, before settling in for the price of $101.92 at the close. Taking a more long-term approach, HIG posted a 52-week range of $68.82-$106.93.

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The Financial Sector giants’ yearly sales growth during the last 5-year period was 5.40%. Meanwhile, its Annual Earning per share during the time was 12.66%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.43%. This publicly-traded company’s shares outstanding now amounts to $298.47 million, simultaneously with a float of $294.69 million. The organization now has a market capitalization sitting at $30.15 billion. At the time of writing, stock’s 50-day Moving Average stood at $101.40, while the 200-day Moving Average is $90.51.

Hartford Financial Services Group Inc. (HIG) Ownership Facts and Figures

Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Insurance – Property & Casualty industry. Hartford Financial Services Group Inc.’s current insider ownership accounts for 0.36%, in contrast to 95.37% institutional ownership. According to the most recent insider trade that took place on Jul 01 ’24, this organization’s EVP sold 4,088 shares at the rate of 101.47, making the entire transaction reach 414,809 in total value, affecting insider ownership by 14,818. Preceding that transaction, on May 09 ’24, Company’s EVP sold 18,335 for 100.78, making the whole transaction’s value amount to 1,847,893. This particular insider is now the holder of 25,643 in total.

Hartford Financial Services Group Inc. (HIG) Earnings and Revenue Records

So, what does the last quarter earnings report of the company that was made public on 3/31/2024 suggests? It has posted 1.88 earnings per share (EPS) beating the forecaster’s viewpoint (set at 1.85) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.52 per share during the current fiscal year.

Hartford Financial Services Group Inc.’s EPS increase for this current 12-month fiscal period is 11.43% and is forecasted to reach 11.43 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.50% through the next 5 years, which can be compared against the 12.66% growth it accomplished over the previous five years trading on the market.

Hartford Financial Services Group Inc. (NYSE: HIG) Trading Performance Indicators

Let’s observe the current performance indicators for Hartford Financial Services Group Inc. (HIG). The Stock has managed to achieve an average true range (ATR) of 1.79. Alongside those numbers, its PE Ratio stands at $11.58, and its Beta score is 0.92. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.20. Similarly, its price to free cash flow for trailing twelve months is now 7.13.

In the same vein, HIG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 8.80, a figure that is expected to reach 2.24 in the next quarter, and analysts are predicting that it will be 11.43 at the market close of one year from today.

Technical Analysis of Hartford Financial Services Group Inc. (HIG)

[Hartford Financial Services Group Inc., HIG] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 27.07% While, its Average True Range was 1.82.

Raw Stochastic average of Hartford Financial Services Group Inc. (HIG) in the period of the previous 100 days is set at 60.43%, which indicates a major rise in contrast to 43.10% 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 20.43% that was higher than 18.65% volatility it exhibited in the past 100-days period.