Skyward Specialty Insurance Group Inc (NASDAQ: SKWD) kicked off on Tuesday, down -0.64% from the previous trading day, before settling in for the closing price of $46.67. Over the past 52 weeks, SKWD has traded in a range of $27.12-$46.72.
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During the last 5-year period, the sales growth of Financial Sector giant was 26.37%. While this was happening, its average annual earnings per share was recorded 40.35%. With a float of $32.93 million, this company’s outstanding shares have now reached $39.86 million.
Let’s determine the extent of company efficiency that accounts for 515 employees. In terms of profitability, gross margin is 100.36%, operating margin of 35.53%, and the pretax margin is 14.87%.
Skyward Specialty Insurance Group Inc (SKWD) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Skyward Specialty Insurance Group Inc is 17.86%, while institutional ownership is 86.90%. The most recent insider transaction that took place on Aug 09 ’24, was worth 60,946. In this transaction Director of this company sold 1,653 shares at a rate of $36.87, taking the stock ownership to the 4,001 shares. Before that another transaction happened on Aug 09 ’24, when Company’s Director proposed sale 1,653 for $36.87, making the entire transaction worth $60,948.
Skyward Specialty Insurance Group Inc (SKWD) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.65 earnings per share (EPS), higher than consensus estimate (set at 0.36) by 0.29. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.35% per share during the next fiscal year.
Skyward Specialty Insurance Group Inc (NASDAQ: SKWD) Trading Performance Indicators
Take a look at Skyward Specialty Insurance Group Inc’s (SKWD) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81. Likewise, its price to free cash flow for the trailing twelve months is 5.48.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.95, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 3.22 in one year’s time.
Technical Analysis of Skyward Specialty Insurance Group Inc (SKWD)
Looking closely at Skyward Specialty Insurance Group Inc (NASDAQ: SKWD), its last 5-days average volume was 0.38 million, which is a jump from its year-to-date volume of 0.36 million. As of the previous 9 days, the stock’s Stochastic %D was 94.26%. Additionally, its Average True Range was 1.16.
During the past 100 days, Skyward Specialty Insurance Group Inc’s (SKWD) raw stochastic average was set at 97.37%, which indicates a significant increase from 93.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.91% in the past 14 days, which was lower than the 32.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.17, while its 200-day Moving Average is $37.00. However, in the short run, Skyward Specialty Insurance Group Inc’s stock first resistance to watch stands at $46.91. Second resistance stands at $47.44. The third major resistance level sits at $48.36. If the price goes on to break the first support level at $45.46, it is likely to go to the next support level at $44.54. Now, if the price goes above the second support level, the third support stands at $44.01.
Skyward Specialty Insurance Group Inc (NASDAQ: SKWD) Key Stats
The company with the Market Capitalisation of 1.86 billion has total of 39,995K Shares Outstanding. Its annual sales at the moment are 885,970 K in contrast with the sum of 85,980 K annual income. Company’s last quarter sales were recorded 279,940 K and last quarter income was 30,970 K.
