$1.47M in average volume shows that Chubb Limited (CB) is heading in the right direction

Chubb Limited (NYSE: CB) kicked off on Tuesday, down -0.73% from the previous trading day, before settling in for the closing price of $274.03. Over the past 52 weeks, CB has traded in a range of $198.10-$277.91.

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During the last 5-year period, the sales growth of Financial Sector giant was 8.99%. While this was happening, its average annual earnings per share was recorded -4.20%. With a float of $401.14 million, this company’s outstanding shares have now reached $405.27 million.

Let’s determine the extent of company efficiency that accounts for 40000 employees. In terms of profitability, gross margin is 99.97%, operating margin of 19.7%, and the pretax margin is 18.74%.

Chubb Limited (CB) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Chubb Limited is 0.69%, while institutional ownership is 92.13%. The most recent insider transaction that took place on Aug 20 ’24, was worth 1,070,669. Before that another transaction happened on Aug 19 ’24, when Company’s Executive Vice President* sold 750 for $274.46, making the entire transaction worth $205,845. This insider now owns 1,585 shares in total.

Chubb Limited (CB) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 4.95 earnings per share (EPS), higher than consensus estimate (set at 4.44) by 0.51. Wall Street market experts anticipate that the next fiscal year will bring earnings of 5.77 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -4.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.40% during the next five years compared to 20.76% growth over the previous five years of trading.

Chubb Limited (NYSE: CB) Trading Performance Indicators

Take a look at Chubb Limited’s (CB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.04. Likewise, its price to free cash flow for the trailing twelve months is 6.74.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 23.67, a number that is poised to hit 4.90 in the next quarter and is forecasted to reach 23.48 in one year’s time.

Technical Analysis of Chubb Limited (CB)

Looking closely at Chubb Limited (NYSE: CB), its last 5-days average volume was 1.05 million, which is a drop from its year-to-date volume of 1.63 million. As of the previous 9 days, the stock’s Stochastic %D was 72.72%. Additionally, its Average True Range was 4.51.

During the past 100 days, Chubb Limited’s (CB) raw stochastic average was set at 84.95%, which indicates a significant increase from 62.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.96% in the past 14 days, which was lower than the 19.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $264.32, while its 200-day Moving Average is $248.17. However, in the short run, Chubb Limited’s stock first resistance to watch stands at $273.75. Second resistance stands at $275.47. The third major resistance level sits at $276.51. If the price goes on to break the first support level at $271.00, it is likely to go to the next support level at $269.96. Should the price break the second support level, the third support level stands at $268.24.

Chubb Limited (NYSE: CB) Key Stats

The company with the Market Capitalisation of 109.88 billion has total of 406,061K Shares Outstanding. Its annual sales at the moment are 49,735 M in contrast with the sum of 9,028 M annual income. Company’s last quarter sales were recorded 13,835 M and last quarter income was 2,230 M.