The Travelers Companies Inc. (NYSE:TRV) finished Friday with a subtraction of -$0.08 to close at $166.86, a downside of -0.05 percent. An average of 1,210,260 shares of common stock have been traded in the last five days. There was a fall of -$1.79 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 1,408,510 shares traded, while the 50-day average volume stands at 1,320,842.
TRV stock has decreased by -0.81% in the last month. The company shares reached their 1-month lowest point of $164.75 on 07/14/23. With the stock rallying to its 52-week high on 01/25/23, shares of the company touched a low of $149.65 and a high of $194.51 in 52 weeks. It has reached a new high 4 times so far this year and lost -11.00% or -$20.63 in price. In spite of this, the price is down -14.22% from the 52-week high.
Insider Transactions
TRV stock investors should be aware that The Travelers Companies Inc. (TRV) stock had its last reported insider trading activity 19 days ago on Jul 24. In this transaction, the insider spent $1,750,479. EVP & President, Personal Ins., Klein Michael Frederick, disposed of 10,246 shares at a price of $182.85 on May 10. The insider now owns more than $1,873,435 worth of shares. Prior to that, EVP and Chief Admin Officer BESSETTE ANDY F went on to Sale 11,572 shares at $178.14 each on Apr 25. An amount of $2,061,467 was transacted.
Valuation Metrics
The Travelers Companies Inc. (TRV) has a trailing price-to-earnings (P/E) ratio of 17.74. The stock’s beta is 0.61. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.99, the price-to-book (PB) ratio at 1.75, and the price-to-cash flow ratio at 6.98.
Financial Health
Further, the company has a long term debt to equity ratio of 0.36 and a total debt to equity ratio of 0.37 for the quarter ending June 29.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, The Travelers Companies Inc.’s return on assets was 1.90%.
Earnings Surprise
For the three-month period that ended June 29, The Travelers Companies Inc. had $8.03 billion in total debt. The company posted a net income of -$14.0 million in the quarter, while revenues were grew 7371.43%. The analyst consensus anticipated The Travelers Companies Inc.’s latest quarter earnings to come in at $2.08 per share, but it turned out to be $0.06, a -97.10% surprise. At the end of the quarter ending June 29, The Travelers Companies Inc.’s stock balance sheet showed total debt was $8.03 billion. Shareholders own equity worth $228.94 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at The Travelers Companies Inc. (TRV) price momentum. RSI 9-day as of the close on 11 August was 33.88%, suggesting the stock is Neutral, with historical volatility in this time frame at 8.83%.
As of today, TRV’s price is $167.82 -1.06% or -$1.79 from its 5-day moving average. TRV is currently trading +0.55% higher than its 20-day SMA and -1.10% lower than its 100-day SMA. However, the stock’s current price level is -1.41% below the SMA50 and -7.19% below the SMA200.
The stochastic %K and %D were 6.98% and 9.28%, respectively, and the average true range (ATR) was 2.62. With the 14-day stochastic at 9.72% and the average true range at 2.77, the RSI (14) stands at 38.82%. The stock has reached -1.92 on the 9-day MACD Oscillator while the 14-day reading was at -3.51.
Analyst Ratings
Morgan Stanley launched coverage on The Travelers Companies Inc. (NYSE: TRV) in its analyst report released on June 20, 2023. The firm assigned the stock an Equal-weight rating. The consensus rating for The Travelers Companies Inc. (TRV) among analysts is Hold. According to current brokerage recommendations, 3 brokerage firms advise that investors sell TRV, while 13 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 6 others rate it as a “buy”.
What is TRV’s price target for the next 12 months?
Analysts predict a range of price targets between $168.00 and $230.00, with a median target of $190.00. Taking a look at these predictions, the average price target given by analysts for The Travelers Companies Inc. (TRV) stock is $192.47.
