Throughout the last three months, 7 analysts have evaluated Hartford Finl Servs Gr HIG, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 3 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $101.14, a high estimate of $115.00, and a low estimate of $90.00. Observing a 9.59% increase, the current average has risen from the previous average price target of $92.29.
Understanding Analyst Ratings: A Comprehensive Breakdown
The analysis of recent analyst actions sheds light on the perception of Hartford Finl Servs Gr by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Meyer Shields | Keefe, Bruyette & Woods | Raises | Outperform | $110.00 | $108.00 |
| Paul Newsome | Piper Sandler | Raises | Overweight | $115.00 | $97.00 |
| Brian Meredith | UBS | Raises | Buy | $107.00 | $100.00 |
| Scott Heleniak | RBC Capital | Raises | Sector Perform | $95.00 | $77.00 |
| C. Gregory Peters | Raymond James | Raises | Outperform | $100.00 | $90.00 |
| Harry Fong | Roth MKM | Raises | Neutral | $90.00 | $80.00 |
| Jimmy Bhullar | JP Morgan | Lowers | Neutral | $91.00 | $94.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Hartford Finl Servs Gr. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hartford Finl Servs Gr compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Hartford Finl Servs Gr's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Hartford Finl Servs Gr's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Hartford Finl Servs Gr analyst ratings.
About Hartford Finl Servs Gr
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
Key Indicators: Hartford Finl Servs Gr's Financial Health
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Hartford Finl Servs Gr displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 8.14%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 12.11%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Hartford Finl Servs Gr's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 5.41%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Hartford Finl Servs Gr's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.01%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.29.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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