Chubb (CB) Set to Announce Quarterly Earnings on Tuesday
From MarketBeat:
Chubb (NYSE:CB) is set to release its earnings data after the market closes on Tuesday, January 30th. Analysts expect earnings of $4.93 per share for the quarter. The financial services provider last posted its earnings on October 24th, reporting $4.95 EPS for the quarter. Chubb reported a return on equity of 14.26% and a net margin of 14.58%.
Chubb (NYSE:CB) opened at $238.99 on Tuesday and has a market capitalization of $97.50 billion, with a PE ratio of 14.12. The company has a 1 year low of $183.40 and a 1 year high of $240.33. Chubb has a fifty day simple moving average of $225.32 and a 200 day simple moving average of $212.99.
Chubb’s stock performance has seen insiders sell shares of the company, including EVP Juan Luis Ortega selling 1,508 shares of the stock, and insider John J. Lupica selling 17,810 shares. In the last three months, insiders have sold 37,128 shares of company stock. Overall, 0.37% of the company’s stock is owned by insiders.
Large investors have also recently bought and sold shares of Chubb. Over 86% of the stock is currently owned by institutional investors and hedge funds, including ICA Group Wealth Management LLC and IMA Wealth Inc.
A number of analysts have issued reports on the stock, with seven analysts rating the stock as a hold and ten rating it as a buy. According to MarketBeat.com, Chubb currently has an average rating of “Moderate Buy” and a consensus target price of $242.53.
Chubb Limited provides insurance and reinsurance products worldwide. The company’s North America Commercial P&C Insurance segment offers commercial property, casualty, workers’ compensation, and group accident and health insurance to businesses. Chubb recently declared and paid a $0.86 quarterly dividend.
While Chubb currently has a “Moderate Buy” rating among analysts, top-rated analysts have other stocks they believe are better buys. You can view the five stocks that top analysts are whispering about to their clients and see MarketBeat’s list of 10 cheap undervalued stocks.
Read more: Chubb (CB) Set to Announce Quarterly Earnings on Tuesday