W.R. Berkley Corp (NYSE: WRB) on Tuesday, soared 2.03% from the previous trading day, before settling in for the closing price of $63.05. Within the past 52 weeks, WRB’s price has moved between $45.26 and $63.46.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 9.76%. The company achieved an average annual earnings per share of 23.56%. With a float of $298.45 million, this company’s outstanding shares have now reached $384.82 million.
Considering the fact that the conglomerate employs 8329 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 72.46%, operating margin of 8.09%, and the pretax margin is 15.47%.
W.R. Berkley Corp (WRB) Breakdown of a Key Holders of the stock
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 68.81%.
W.R. Berkley Corp (WRB) Recent Fiscal highlights
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 23.56% 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 1.86. Likewise, its price to free cash flow for the trailing twelve months is 7.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.90, a number that is poised to hit 0.98 in the next quarter and is forecasted to reach 4.34 in one year’s time.
Technical Analysis of W.R. Berkley Corp (WRB)
Compared to the last year’s volume of 1.77 million, its volume of 1.31 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 92.87%. Additionally, its Average True Range was 1.11.
During the past 100 days, W.R. Berkley Corp’s (WRB) raw stochastic average was set at 99.00%, which indicates a significant increase from 97.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 18.53% in the past 14 days, which was lower than the 25.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $58.98, while its 200-day Moving Average is $56.06. Nevertheless, the first resistance level for the watch stands at $64.87 in the near term. At $65.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.37. If the price goes on to break the first support level at $63.37, it is likely to go to the next support level at $62.42. Now, if the price goes above the second support level, the third support stands at $61.87.
W.R. Berkley Corp (NYSE: WRB) Key Stats
Market capitalization of the company is 24.51 billion based on 381,069K outstanding shares. Right now, sales total 12,143 M and income totals 1,381 M. The company made 3,400 M in profit during its latest quarter, and 365,630 K in sales during its previous quarter.
