On Tuesday, Hartford Financial Services Group Inc (NYSE: HIG) was -1.11% drop from the session before settling in for the closing price of $118.13. A 52-week range for HIG has been $75.83 – $123.23.
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Financial Sector giant saw their annual sales surged by 5.40% over the last five years. When this article was written, the company’s average yearly earnings per share was at 13.26%. With a float of $288.89 million, this company’s outstanding shares have now reached $298.47 million.
The firm has a total of 18700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 85.05%, operating margin of 15.15%, and the pretax margin is 14.32%.
Hartford Financial Services Group Inc (HIG) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Hartford Financial Services Group Inc stocks. The insider ownership of Hartford Financial Services Group Inc is 0.34%, while institutional ownership is 93.22%. The most recent insider transaction that took place on Nov 15 ’24, was worth 803,479. In this transaction EVP of this company sold 6,865 shares at a rate of $117.04, taking the stock ownership to the 25,820 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 6,865 for $117.04, making the entire transaction worth $803,479.
Hartford Financial Services Group Inc (HIG) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 3.06 earnings per share (EPS) during the time that was better than consensus figure (set at 2.41) by 0.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.86 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 13.26% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.07% during the next five years compared to 12.66% growth over the previous five years of trading.
Hartford Financial Services Group Inc (NYSE: HIG) Trading Performance Indicators
You can see what Hartford Financial Services Group Inc (HIG) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.30. Likewise, its price to free cash flow for the trailing twelve months is 6.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.98, a number that is poised to hit 2.68 in the next quarter and is forecasted to reach 11.62 in one year’s time.
Technical Analysis of Hartford Financial Services Group Inc (HIG)
Analysing the last 5-days average volume posted by the [Hartford Financial Services Group Inc, HIG], we can find that recorded value of 1.23 million was lower than the volume posted last year of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 72.56%. Additionally, its Average True Range was 2.06.
During the past 100 days, Hartford Financial Services Group Inc’s (HIG) raw stochastic average was set at 74.43%, which indicates a significant decrease from 76.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.67% in the past 14 days, which was higher than the 23.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $116.53, while its 200-day Moving Average is $105.49. Now, the first resistance to watch is $117.49. This is followed by the second major resistance level at $118.15. The third major resistance level sits at $119.00. If the price goes on to break the first support level at $115.98, it is likely to go to the next support level at $115.13. Should the price break the second support level, the third support level stands at $114.47.
Hartford Financial Services Group Inc (NYSE: HIG) Key Stats
There are 289,891K outstanding shares of the company, which has a market capitalization of 33.87 billion. As of now, sales total 24,527 M while income totals 2,504 M. Its latest quarter income was 6,751 M while its last quarter net income were 767,000 K.
