Hartford Financial Services Group Inc. (HIG) surge 0.19% in a week: will this be a lucky break through?

As on Wednesday, Hartford Financial Services Group Inc. (NYSE: HIG) started slowly as it slid -0.17% to $119.85, before settling in for the price of $120.06 at the close. Taking a more long-term approach, HIG posted a 52-week range of $68.92-$123.23.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Financial sector posted annual sales growth of 5.40% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 12.66%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.93%. This publicly-traded company’s shares outstanding now amounts to $298.47 million, simultaneously with a float of $292.01 million. The organization now has a market capitalization sitting at $35.12 billion.

Hartford Financial Services Group Inc. (HIG) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Insurance – Property & Casualty industry. Hartford Financial Services Group Inc.’s current insider ownership accounts for 0.34%, in contrast to 94.20% institutional ownership. According to the most recent insider trade that took place on Jul 31 ’24, this organization’s Executive Vice President sold 3,855 shares at the rate of 111.16, making the entire transaction reach 428,522 in total value, affecting insider ownership by 11,072. Preceding that transaction, on Jul 31 ’24, Company’s EVP & Chief Risk Officer sold 13,185 for 110.94, making the whole transaction’s value amount to 1,462,780. This particular insider is now the holder of 25,071 in total.

Hartford Financial Services Group Inc. (HIG) Earnings and Revenue Records

Hartford Financial Services Group Inc.’s EPS increase for this current 12-month fiscal period is 12.93% and is forecasted to reach 11.55 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 12.07% through the next 5 years, which can be compared against the 12.66% growth it accomplished over the previous five years trading on the market.

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

Let’s observe the current performance indicators for Hartford Financial Services Group Inc. (HIG). The Stock has managed to achieve an average true range (ATR) of 1.96. Alongside those numbers, its PE Ratio stands at $12.60, and its Beta score is 0.93. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.38. Similarly, its price to free cash flow for trailing twelve months is now 6.35.

In the same vein, HIG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.51, a figure that is expected to reach 2.54 in the next quarter, and analysts are predicting that it will be 11.55 at the market close of one year from today.

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