Buying Chubb Limited (CB) Stock Is A Smart Move Today?

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MNDY Stock
MNDY Stock

Chubb Limited (NYSE:CB) finished Thursday with a subtraction of -$0.34 to close at $181.15, a downside of -0.19 percent. An average of 1,363,244 shares of common stock have been traded in the last five days. There was a fall of -$7.80 in the past week, and it reached a new high 25 times over the past 12 months. The last 20 days have seen an average of 1,437,921 shares traded, while the 50-day average volume stands at 1,576,154.

CB stock has decreased by -7.75% in the last month. The company shares reached their 1-month lowest point of $180.07 on 09/23/22. With the stock rallying to its 52-week high on 03/29/22, shares of the company touched a low of $171.96 and a high of $218.99 in 52 weeks. It has reached a new high 14 times so far this year and lost -6.11% or -$11.86 in price. In spite of this, the price is down -17.28% from the 52-week high.


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Insider Transactions

14 days have passed since Chubb Limited (CB) last reported insider trading activity. GREENBERG EVAN G, who is Chairman & CEO, most recently acquired $25,792 shares at $193.86 per share on Sep 09. In this transaction, the insider spent $5,000,037. Director, Shasta Theodore, disposed of 812 shares at a price of $209.18 on May 27. The insider now owns more than $169,854 worth of shares. Prior to that, President & COO Keogh John W went on to Sale 64,565 shares at $208.39 each on May 26. An amount of $13,454,517 was transacted.

Valuation Metrics

Chubb Limited (CB) has a trailing price-to-earnings (P/E) ratio of 10.95. The stock’s beta is 0.67. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.88, the price-to-book (PB) ratio at 1.48, and the price-to-cash flow ratio at 7.93.

The company has a payout ratio of 19.10%. The company’s most recent quarterly dividend payment was $0.83 a share, without any change from last year. Its latest increase dividend $0.03 reported on Thursday May 19 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.28 and a total debt to equity ratio of 0.31 for the quarter ending June 29.

Earnings Surprise

The analyst consensus anticipated Chubb Limited’s latest quarter earnings to come in at $3.56 per share, but it turned out to be $4.2, a 18.00% surprise. At the end of the quarter ending June 29, Chubb Limited’s stock balance sheet showed total debt was $21.62 billion. Shareholders own equity worth $417.64 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Chubb Limited (CB) price momentum. RSI 9-day as of the close on 22 September was 26.46%, suggesting the stock is oversold, with historical volatility in this time frame at 18.24%.

As of today, CB’s price is $184.97 -4.12% or -$7.80 from its 5-day moving average. CB is currently trading -8.13% lower than its 20-day SMA and -11.56% lower than its 100-day SMA. However, the stock’s current price level is -1.02% below the SMA50 and -3.51% below the SMA200.

The stochastic %K and %D were 4.08% and 10.32%, respectively, and the average true range (ATR) was 3.65. With the 14-day stochastic at 7.66% and the average true range at 3.61, the RSI (14) stands at 32.80%. The stock has reached -6.28 on the 9-day MACD Oscillator while the 14-day reading was at -8.48.

Analyst Ratings

Citigroup launched coverage on Chubb Limited (NYSE: CB) in its analyst report released on May 24, 2022. The firm assigned the stock a Neutral rating. The consensus rating for Chubb Limited (CB) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell CB, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 14 others rate it as a “buy”.

What is CB’s price target for the next 12 months?

Analysts predict a range of price targets between $165.00 and $260.00, with a median target of $230.00. Taking a look at these predictions, the average price target given by analysts for Chubb Limited (CB) stock is $230.63.

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