As of Thursday close, The Travelers Companies Inc.’s (NYSE:TRV) stock was down -$0.33, moving down -0.20 percent to $168.61. The average number of shares traded per day over the past five days has been 1,496,380 shares. 5 times new highs have been achieved over the past 5 days, with a $2.65 gain in that time frame. In the last twenty days, the average volume was 1,080,375, while in the previous 50 days, it was 1,217,538.
Since last month, TRV stock rose 5.42%. Shares of the company fell to $159.21 on 09/08/23, the lowest level in the past month. A 52-week high of $194.51 was reached on 01/25/23 after having rallying from a 52-week low of $149.65. Since the beginning of this year, TRV’s stock price has dropped by -10.07% or -$18.88, and marked a new high 4 times. However, the stock has declined by -13.32% since its 52-week high.
TRV stock investors should be aware that The Travelers Companies Inc. (TRV) stock had its last reported insider trading activity 60 days ago on Jul 24. Klein Michael Frederick, the EVP & President, Personal Ins. of the company, disposed of 10,000 shares for $175.05 on Jul 24. It resulted in a $1,750,479 divestment by the insider. Klein Michael Frederick sold 10,246 shares at an average price of $182.85 on May 10. The insider now owns 14,080 shares following the transaction. On Apr 25, EVP and Chief Admin Officer BESSETTE ANDY F sold 11,572 shares at $178.14 apiece. The transaction was valued at $2,061,467.
Valuation Metrics
Right now, The Travelers Companies Inc. (TRV) has a P/E ratio of about 17.93. The stock’s beta is 0.60. Besides these, the trailing price-to-sales (P/S) ratio of 1.00, the price-to-book (PB) ratio of 1.77, and the price-to-cash flow ratio of 6.09 may also be considered.
The latest dividend of $1.00 per share was paid out, remained unchanged from last year’s $1.00. On Wednesday April 19 2023, a $0.07 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.36, and the total debt-to-equity ratio was 0.37. In the year ended June 29, operating margins totaled 7.10%.
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 11.10%. Return on equity (ROE) for the past 12 months was 10.30%.
In The Travelers Companies Inc.’s quarter-end financial report for June 29, it reported total debt of $8.03 billion. TRV’s revenue rose 9.53% to $9.7 billion during the quarter, while net income inched up to $10.1 billion. While analysts expected The Travelers Companies Inc. to report $2.08 quarterly earnings, the actual figure was $0.06 per share, beating the consensus estimate by -97.10%. The value of shareholders’ equity is $228.94 million.
Technical Picture
This quick technical analysis looks at The Travelers Companies Inc.’s (TRV) price momentum. With a historical volatility rate of 10.38%, the RSI 9-day stood at 71.97% on 21 September.
With respect to its five-day moving average, the current The Travelers Companies Inc. price is up by +1.60% percent or $2.65. At present, TRV shares trade +4.77% above its 20-day simple moving average and -6.92% percent below its 100-day simple moving average. However, the stock is currently trading approximately -1.47% below its SMA50 and -11.04% below its SMA200.
Stochastic coefficient K was 89.14% and Stochastic coefficient D was 89.90%, while ATR was 2.30. Given the Stochastic reading of 84.76% for the 14-day period, the RSI (14) reading has been calculated as 63.39%. As of today, the MACD Oscillator reading stands at 2.76, while the 14-day reading stands at 4.44.
Analyst Ratings
Morgan Stanley launched its rating on The Travelers Companies Inc. (NYSE: TRV) to an Equal-weight in a note to investors on June 20, 2023. The Travelers Companies Inc. (TRV) has been rated Hold by analysts. According to 3 brokerage firms, TRV is a sell, and 13 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 2 analysts rate The Travelers Companies Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $190.00, the current consensus forecast for the stock is $168.00 – $230.00. Based on these forecasts, analysts predict The Travelers Companies Inc. (TRV) will achieve an average price target of $192.47.
