W.R. Berkley Corp. (NYSE: WRB) on Tuesday, plunged -4.10% from the previous trading day, before settling in for the closing price of $61.03. Within the past 52 weeks, WRB’s price has moved between $41.09 and $61.96.
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Annual sales at Financial sector company grew by 9.76% over the past five years. The company achieved an average annual earnings per share of 24.18%. With a float of $298.06 million, this company’s outstanding shares have now reached $384.82 million.
Let’s look at the performance matrix of the company that is accounted for 8329 employees. In terms of profitability, gross margin is 72.89%, operating margin of 6.82%, and the pretax margin is 15.46%.
W.R. Berkley Corp. (WRB) Insider Updates
Observing investor behavior towards Insurance – Property & Casualty industry stocks is more important than anything else. The insider ownership of W.R. Berkley Corp. is 21.68%, while institutional ownership is 70.81%.
W.R. Berkley Corp. (WRB) Performance Highlights and Predictions
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.97 earnings per share (EPS) for the period topping the consensus outlook (set at 0.92) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.18% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to 17.88% growth over the previous five years of trading.
W.R. Berkley Corp. (NYSE: WRB) Trading Performance Indicators
W.R. Berkley Corp. (WRB) 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 1.69. Likewise, its price to free cash flow for the trailing twelve months is 6.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.35, a number that is poised to hit 1.00 in the next quarter and is forecasted to reach 4.32 in one year’s time.
Technical Analysis of W.R. Berkley Corp. (WRB)
W.R. Berkley Corp. (NYSE: WRB) saw its 5-day average volume 3.75 million, a positive change from its year-to-date volume of 1.81 million. As of the previous 9 days, the stock’s Stochastic %D was 63.83%. Additionally, its Average True Range was 1.28.
During the past 100 days, W.R. Berkley Corp.’s (WRB) raw stochastic average was set at 68.20%, which indicates a significant increase from 42.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.39% in the past 14 days, which was higher than the 23.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.22, while its 200-day Moving Average is $55.06. Nevertheless, the first resistance level for the watch stands at $60.04 in the near term. At $61.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $62.59. If the price goes on to break the first support level at $57.49, it is likely to go to the next support level at $56.44. Assuming the price breaks the second support level, the third support level stands at $54.94.
W.R. Berkley Corp. (NYSE: WRB) Key Stats
Market capitalization of the company is 22.27 billion based on 383,493K outstanding shares. Right now, sales total 12,143 M and income totals 1,381 M. The company made 3,314 M in profit during its latest quarter, and 371,910 K in sales during its previous quarter.
