A new trading day began on Friday, with Hartford Financial Services Group Inc (NYSE: HIG) stock price up 1.05% from the previous day of trading, before settling in for the closing price of $110.92. HIG’s price has ranged from $78.33 to $124.90 over the past 52 weeks.
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Annual sales at Financial sector company grew by 5.40% over the past five years. Meanwhile, its annual earnings per share averaged 13.19%. With a float of $288.89 million, this company’s outstanding shares have now reached $290.82 million.
Let’s look at the performance matrix of the company that is accounted 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 Updates
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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 13.19% 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 6.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.98, a number that is poised to hit 2.67 in the next quarter and is forecasted to reach 11.61 in one year’s time.
Technical Analysis of Hartford Financial Services Group Inc (HIG)
Hartford Financial Services Group Inc (NYSE: HIG) saw its 5-day average volume 2.28 million, a positive change from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 8.82%. Additionally, its Average True Range was 2.33.
During the past 100 days, Hartford Financial Services Group Inc’s (HIG) raw stochastic average was set at 43.62%, which indicates a significant increase from 9.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.55% in the past 14 days, which was lower than the 24.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $117.29, while its 200-day Moving Average is $107.68. Nevertheless, the first resistance level for the watch stands at $112.56 in the near term. At $113.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $113.72. If the price goes on to break the first support level at $111.40, it is likely to go to the next support level at $110.73. Assuming the price breaks the second support level, the third support level stands at $110.24.
Hartford Financial Services Group Inc (NYSE: HIG) Key Stats
With a market capitalization of 32.83 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.
