Hartford Financial Services Group Inc. (HIG) with a beta value of 0.92 appears to be a promising investment opportunity.

On Tuesday, Hartford Financial Services Group Inc. (NYSE: HIG) was 0.07% up from the session before settling in for the closing price of $116.10. A 52-week range for HIG has been $68.82 – $116.51.

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Financial Sector giant saw their annual sales surged by 5.40% over the last five years. When this article was written, the company’s average yearly earnings per share was at 13.93%. With a float of $292.01 million, this company’s outstanding shares have now reached $298.47 million.

The firm has a total of 18700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 85.11%, operating margin of 14.73%, and the pretax margin is 14.08%.

Hartford Financial Services Group Inc. (HIG) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hartford Financial Services Group Inc. stocks. The insider ownership of Hartford Financial Services Group Inc. is 0.34%, while institutional ownership is 95.33%. The most recent insider transaction that took place on Jul 31 ’24, was worth 428,522. In this transaction Executive Vice President of this company sold 3,855 shares at a rate of $111.16, taking the stock ownership to the 11,072 shares. Before that another transaction happened on Jul 31 ’24, when Company’s EVP & Chief Risk Officer sold 13,185 for $110.94, making the entire transaction worth $1,462,780. This insider now owns 25,071 shares in total.

Hartford Financial Services Group Inc. (HIG) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 2.29 earnings per share (EPS) during the time that was better than consensus figure (set at 1.98) by 0.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.78 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 13.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.50% during the next five years compared to 12.66% growth over the previous five years of trading.

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

You can see what Hartford Financial Services Group Inc. (HIG) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.34. Likewise, its price to free cash flow for the trailing twelve months is 6.16.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.51, a number that is poised to hit 2.52 in the next quarter and is forecasted to reach 11.59 in one year’s time.

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

Analysing the last 5-days average volume posted by the [Hartford Financial Services Group Inc., HIG], we can find that recorded value of 1.73 million was better than the volume posted last year of 1.63 million. As of the previous 9 days, the stock’s Stochastic %D was 92.23%. Additionally, its Average True Range was 1.75.

During the past 100 days, Hartford Financial Services Group Inc.’s (HIG) raw stochastic average was set at 97.09%, which indicates a significant increase from 92.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 7.43% in the past 14 days, which was lower than the 21.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $106.45, while its 200-day Moving Average is $95.81. Now, the first resistance to watch is $117.02. This is followed by the second major resistance level at $117.86. The third major resistance level sits at $118.89. If the price goes on to break the first support level at $115.15, it is likely to go to the next support level at $114.12. Now, if the price goes above the second support level, the third support stands at $113.28.

Hartford Financial Services Group Inc. (NYSE: HIG) Key Stats

There are 295,755K outstanding shares of the company, which has a market capitalization of 34.04 billion. As of now, sales total 24,527 M while income totals 2,504 M. Its latest quarter income was 6,486 M while its last quarter net income were 738,000 K.