A new trading day began on Tuesday, with Hartford Financial Services Group Inc (NYSE: HIG) stock price down -2.78% from the previous day of trading, before settling in for the closing price of $116.21. HIG’s price has ranged from $78.33 to $124.90 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 5.40%. Meanwhile, its annual earnings per share averaged 13.26%. With a float of $288.89 million, this company’s outstanding shares have now reached $290.82 million.
Let’s determine the extent of company efficiency that accounts for 18700 employees. 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
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 Hartford Financial Services Group Inc is 0.34%, while institutional ownership is 93.35%. The most recent insider transaction that took place on Nov 21 ’24, was worth 2,883,132. Before that another transaction happened on Nov 15 ’24, when Company’s EVP sold 6,865 for $117.04, making the entire transaction worth $803,479. This insider now owns 25,820 shares in total.
Hartford Financial Services Group Inc (HIG) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.87 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
Here are Hartford Financial Services Group Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.26. Likewise, its price to free cash flow for the trailing twelve months is 6.03.
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)
Looking closely at Hartford Financial Services Group Inc (NYSE: HIG), its last 5-days average volume was 1.68 million, which is a jump from its year-to-date volume of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 8.77%. Additionally, its Average True Range was 2.31.
During the past 100 days, Hartford Financial Services Group Inc’s (HIG) raw stochastic average was set at 49.87%, which indicates a significant increase from 12.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.68% in the past 14 days, which was lower than the 24.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.61, while its 200-day Moving Average is $107.44. However, in the short run, Hartford Financial Services Group Inc’s stock first resistance to watch stands at $115.25. Second resistance stands at $117.51. The third major resistance level sits at $119.47. If the price goes on to break the first support level at $111.03, it is likely to go to the next support level at $109.07. Should the price break the second support level, the third support level stands at $106.81.
Hartford Financial Services Group Inc (NYSE: HIG) Key Stats
With a market capitalization of 32.75 billion, the company has a total of 289,891K Shares Outstanding. Currently, annual sales are 24,527 M while annual income is 2,504 M. The company’s previous quarter sales were 6,751 M while its latest quarter income was 767,000 K.
