Chubb Limited (CB): A brief note on last quarter

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Chubb Limited (NYSE:CB) changes shares on Monday trading session, with a change of -0.45% or -$0.57 shares. The trading starts at $126.94 and closed at $127.95 throughout the day. The trading session low price was $125.86 and day high was $128.63 on Monday, June 22. After the session, the Financial sector daily volume shifted to 1.6 million while its average volume is 3.30M. In other hand, the CB market cap reached to $58.26B. While, its current target price is $127.38 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -1.41% and up 12.65% for month. Its quarterly performance was 35.22% above, while its half year performance is down -17.55%. CB yearly performance stood at negative -14.88% and fall -18.17% for year-to-date. Current recommendation for Chubb Limited is 2.80.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CB EPS (TTM) for 12-month is 8.01. EPS for this year is 15.10%, while for the next year its value is 10.91. Sales growth for the current quarter is 4.39 while its EPS Q/Q reached -75.40%. It has an EPS of 2.90% up for past five years and for the next five years will be up 3.62%.

Let’s take a look on the analyst recommendations on CB for the current month and previous month. For the current month, 7 of 21 analysts recommend stock as Buy while 2 as Sell, 1 as overweight, 1 as underweight and 10 as Hold. As compared with the previous month ratings, 20 analysts participate in stock recommendation. Out of 20, 2 rated it sell, 7 rated it as Buy and 10 as Hold Ratings. On the other hand, target price ranges from $120.00-$165.00. Average target price for CB was reached at $137.00.

The insider ownership moved to 0.50% and institutional holding shifted to 90.30%.

The company posted an EPS (TTM) of 8.01. According to the most recent quarter report on (Jun 2020), 18 analysts estimated an average EPS of 1.83, while 2.6 EPS posted a year ago period. Analyst Estimated EPS for CB published in the report was 0.12-2.76 during the same period. Comparing with last year, the average estimated EPS was 2.6 which is lower than 2.68 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CB fall -8.91% for period of 200 days. SMA for 50 days was 10.52% which is showing green signal, while SMA-20 was -0.11%. The moving average value for Chubb Limited (CB) is 132.76 and 117.11 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CB stock. On May 01, SCULLY ROBERT W, Director, bought 9,750 trading shares at the cost of $102.40, which valued at 1.0 million. On Mar 17, Shasta Theodore, Director, bought 2,000 shares at the cost of $99.74, with total shares of 16,375. On Mar 13, Shasta Theodore, Director, bought 2,000 shares at the cost of 116.53. After this transaction, Shasta Theodore total shares reached to 14,375 which valued at 0.23 million.