The stock of The Travelers Companies Inc. (NYSE:TRV) decreased by -$0.2 on Friday to finish at $161.64, down -0.12 percent. The last five days have seen an average of 1,000,660 shares of common stock traded. 4 times new highs were reached in the current year, with a fall of -$25.85. The average number of shares traded over the last 20 days was 1,138,595, while the average volume over the last 50 days totaled 1,298,846.
TRV stock dropped -7.57% since last month. On 08/22/23, the company’s shares reached a one-month low of $159.63. The stock touched a high of $194.51 on 01/25/23, after rallying from a low of $149.65 in 52 weeks. The price of TRV stock has declined by -13.79% or -$25.85 this year, reaching a new high 4 times. Still, the stock price is down -16.90% from the 52-week high.
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Insider Transactions
TRV stock investors should be aware that The Travelers Companies Inc. (TRV) stock had its last reported insider trading activity 35 days ago on Jul 24. On Jul 24, EVP & President, Personal Ins. Klein Michael Frederick sold 10,000 shares at $175.05 each. This transaction resulted in the insider making $1,750,479. On May 10, Klein Michael Frederick sold 10,246 shares at a price of US$182.85. After the transaction, the insider now owns 14,080 shares. EVP and Chief Admin Officer BESSETTE ANDY F had earlier sold 11,572 shares on Apr 25 for $178.14 a share. The transaction was completed for $2,061,467.
Valuation Metrics
The Travelers Companies Inc. (TRV) has a trailing price-to-earnings (P/E) ratio of 17.19. Beta for the stock is 0.61. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.96, the price-to-book (PB) ratio of 1.70, and the price-to-cash flow ratio of 5.80.
Company paid $1.00 per share in dividends, remained unchanged from $1.00 last year.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.36, and the total debt to equity ratio is 0.37. The Travelers Companies Inc.’s operating margin stood at 7.10% for the same period.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. TRV’s return on assets (ROA) during the last 12 months has been 1.90%. There was a 11.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 10.30%.
Earnings Surprise
According to The Travelers Companies Inc.’s quarterly financial report for the quarter that ended June 29. Net income for the quarter came in at $10.1 billion, while revenues rose by 9.53% to $9.7 billion. It was predicted that The Travelers Companies Inc.’s quarterly earnings would be $0.06, but it ended up being $2.08, beating the consensus by -97.10%. At the end of The Travelers Companies Inc.’s most recent quarter ended June 29, its total debt was $8.03 billion. Equity owned by shareholders amounts to $228.94 million.
Technical Picture
Here’s a quick look at The Travelers Companies Inc.’s (TRV) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 33.99%, suggesting the stock is Neutral, with a 13.89% historical volatility rate.
The stochastic %K and %D were 16.82% and 11.97% respectively, while the average true range (ATR) was 2.47. Based on the 14-day stochastic reading of 21.27%, the RSI (14) reading is 35.56%. On the 9-day MACD Oscillator, the stock is at -0.83, and the 14-day reading is at -2.52.
Analyst Ratings
In its analyst report released on June 20, 2023, Morgan Stanley began covering The Travelers Companies Inc. (NYSE: TRV). The stock was rated as an Equal-weight by the brokerage firm. Analysts have assigned The Travelers Companies Inc. (TRV) an Hold rating. TRV is a stock that is recommended for selling by 3 brokerage firms, while 13 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 2 rates it overweight and 6 others recommend it as a buy.
What is TRV’s price target for the next 12 months?
The current consensus forecast for the stock is between $168.00 and $230.00, with a median target price of $190.00. In analyzing these forecasts, the average price target given by analysts for The Travelers Companies Inc. (TRV) is $192.47.
