A new trading day began on Tuesday, with Cincinnati Financial Corp. (NASDAQ: CINF) stock price down -1.72% from the previous day of trading, before settling in for the closing price of $144.49. CINF’s price has ranged from $97.72 to $144.82 over the past 52 weeks.
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Annual sales at Financial sector company grew by 18.03% over the past five years. Meanwhile, its annual earnings per share averaged 5.58%. With a float of $153.44 million, this company’s outstanding shares have now reached $157.00 million.
Let’s look at the performance matrix of the company that is accounted for 5426 employees. In terms of profitability, gross margin is 99.78%, operating margin of 31.96%, and the pretax margin is 31.84%.
Cincinnati Financial Corp. (CINF) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Property & Casualty Industry. The insider ownership of Cincinnati Financial Corp. is 1.84%, while institutional ownership is 67.86%. The most recent insider transaction that took place on Jul 31 ’24, was worth 782,623. In this transaction Director of this company sold 6,000 shares at a rate of $130.44, taking the stock ownership to the 184,555 shares. Before that another transaction happened on Apr 29 ’24, when Company’s Director bought 2,000 for $111.64, making the entire transaction worth $223,283. This insider now owns 33,919 shares in total.
Cincinnati Financial Corp. (CINF) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 5.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.29% during the next five years compared to 46.21% growth over the previous five years of trading.
Cincinnati Financial Corp. (NASDAQ: CINF) Trading Performance Indicators
Here are Cincinnati Financial Corp.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.83. Likewise, its price to free cash flow for the trailing twelve months is 8.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.46, a number that is poised to hit 1.96 in the next quarter and is forecasted to reach 7.24 in one year’s time.
Technical Analysis of Cincinnati Financial Corp. (CINF)
Cincinnati Financial Corp. (NASDAQ: CINF) saw its 5-day average volume 0.68 million, a negative change from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 79.41%. Additionally, its Average True Range was 2.71.
During the past 100 days, Cincinnati Financial Corp.’s (CINF) raw stochastic average was set at 90.03%, which indicates a significant increase from 69.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.94% in the past 14 days, which was lower than the 19.98% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $136.43, while its 200-day Moving Average is $122.41. Nevertheless, the first resistance level for the watch stands at $144.45 in the near term. At $146.90, the stock is likely to face the second major resistance level. The third major resistance level sits at $148.47. If the price goes on to break the first support level at $140.43, it is likely to go to the next support level at $138.86. The third support level lies at $136.40 if the price breaches the second support level.
Cincinnati Financial Corp. (NASDAQ: CINF) Key Stats
With a market capitalization of 22.20 billion, the company has a total of 156,315K Shares Outstanding. Currently, annual sales are 10,013 M while annual income is 1,843 M. The company’s previous quarter sales were 3,320 M while its latest quarter income was 820,000 K.
