As of Wednesday close, Chubb Limited’s (NYSE:CB) stock was down -$0.17, moving down -0.08 percent to $201.76. The average number of shares traded per day over the past five days has been 1,165,780 shares. 1 time new highs have been achieved over the past 5 days, with a $0.48 gain in that time frame. In the last twenty days, the average volume was 1,425,765, while in the previous 50 days, it was 1,702,222.
Since last month, CB stock retreated -0.72%. Shares of the company fell to $198.10 on 08/21/23, the lowest level in the past month. A 52-week high of $231.37 was reached on 01/27/23 after having rallying from a 52-week low of $173.78. Since the beginning of this year, CB’s stock price has dropped by -8.54% or -$18.84, and marked a new high 7 times. However, the stock has declined by -12.80% since its 52-week high.
CB stock investors should be aware that Chubb Limited (CB) stock had its last reported insider trading activity 7 days ago on Aug 24. Keogh John W, the President & COO of the company, disposed of 10,000 shares for $201.01 on Aug 24. It resulted in a $2,010,100 divestment by the insider. Shasta Theodore sold 699 shares at an average price of $201.94 on Aug 14. The insider now owns 14,511 shares following the transaction. On Aug 01, Executive Vice President* BOROUGHS TIMOTHY ALAN sold 1,500 shares at $205.41 apiece. The transaction was valued at $308,115.
Valuation Metrics
Right now, Chubb Limited (CB) has a P/E ratio of about 14.51. The stock’s beta is 0.65. Besides these, the trailing price-to-sales (P/S) ratio of 1.78, the price-to-book (PB) ratio of 1.57, and the price-to-cash flow ratio of 7.62 may also be considered.
The latest dividend of $0.86 per share was paid out, remained unchanged from last year’s $0.86.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.27, and the total debt-to-equity ratio was 0.28. In the year ended June 29, operating margins totaled 16.50%.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.00%. Return on equity (ROE) for the past 12 months was 11.40%.
In Chubb Limited’s quarter-end financial report for June 29, it reported total debt of $13.78 billion. CB’s revenue rose 15.99% to $11.06 billion during the quarter, while net income inched up to $11.83 billion. While analysts expected Chubb Limited to report $4.41 quarterly earnings, the actual figure was $4.92 per share, beating the consensus estimate by 11.60%. The value of shareholders’ equity is $410.74 million.
Technical Picture
This quick technical analysis looks at Chubb Limited’s (CB) price momentum. With a historical volatility rate of 7.29%, the RSI 9-day stood at 54.27% on 30 August.
With respect to its five-day moving average, the current Chubb Limited price is up by +0.24% percent or $0.48. At present, CB shares trade -1.84% below its 20-day simple moving average and +2.52% percent above its 100-day simple moving average. However, the stock is currently trading approximately +4.39% above its SMA50 and -4.79% below its SMA200.
Stochastic coefficient K was 52.06% and Stochastic coefficient D was 47.43%, while ATR was 2.90. Given the Stochastic reading of 65.01% for the 14-day period, the RSI (14) reading has been calculated as 53.80%. As of today, the MACD Oscillator reading stands at 0.64, while the 14-day reading stands at 0.60.
Analyst Ratings
Morgan Stanley launched its rating on Chubb Limited (NYSE: CB) to an Equal-weight in a note to investors on June 20, 2023. Chubb Limited (CB) has been rated Overweight by analysts. According to 0 brokerage firms, CB is a sell, and 6 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate Chubb Limited stock as buy, with 15 recommending it as overweight.
With a median target price of $246.50, the current consensus forecast for the stock is $192.00 – $270.00. Based on these forecasts, analysts predict Chubb Limited (CB) will achieve an average price target of $240.70.
