$458.04K in average volume shows that The Baldwin Insurance Group Inc. (BWIN) is heading in the right direction

The Baldwin Insurance Group Inc. (NASDAQ: BWIN) on Friday, plunged -4.08% from the previous trading day, before settling in for the closing price of $50.78. Within the past 52 weeks, BWIN’s price has moved between $17.33 and $51.67.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 75.99%. The company achieved an average annual earnings per share of 39.50%. With a float of $66.11 million, this company’s outstanding shares have now reached $66.74 million.

Considering the fact that the conglomerate employs 8500 people, you should pay attention to its efficiency factor.

The Baldwin Insurance Group Inc. (BWIN) Insider Activity

Observing investor behavior towards Insurance Brokers industry stocks is more important than anything else. The insider ownership of The Baldwin Insurance Group Inc. is 0.95%, while institutional ownership is 96.89%. The most recent insider transaction that took place on Aug 30 ’24, was worth 2,337,000. In this transaction Director of this company sold 50,000 shares at a rate of $46.74, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 29 ’24, when Company’s See Remarks sold 75,000 for $46.33, making the entire transaction worth $3,474,750. This insider now owns 0 shares in total.

The Baldwin Insurance Group Inc. (BWIN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 39.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 33.30% during the next five years compared to -114.39% drop over the previous five years of trading.

The Baldwin Insurance Group Inc. (NASDAQ: BWIN) Trading Performance Indicators

The Baldwin Insurance Group Inc. (BWIN) 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 2.48. Likewise, its price to free cash flow for the trailing twelve months is 52.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.80, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 2.07 in one year’s time.

Technical Analysis of The Baldwin Insurance Group Inc. (BWIN)

Compared to the last year’s volume of 0.41 million, its volume of 0.59 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 80.44%. Additionally, its Average True Range was 1.52.

During the past 100 days, The Baldwin Insurance Group Inc.’s (BWIN) raw stochastic average was set at 88.43%, which indicates a significant increase from 57.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 29.82% in the past 14 days, which was lower than the 37.39% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $43.86, while its 200-day Moving Average is $32.20. Nevertheless, the first resistance level for the watch stands at $50.71 in the near term. At $52.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $53.78. If the price goes on to break the first support level at $47.64, it is likely to go to the next support level at $46.58. Should the price break the second support level, the third support level stands at $44.57.

The Baldwin Insurance Group Inc. (NASDAQ: BWIN) Key Stats

Market capitalization of the company is 3.25 billion based on 117,548K outstanding shares. Right now, sales total 1,219 M and income totals -90,140 K. The company made 339,840 K in profit during its latest quarter, and -17,560 K in sales during its previous quarter.