Cincinnati Financial Corporation (CINF): Current Recommendation for CINF is 3.00

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Cincinnati Financial Corporation (NASDAQ:CINF) changes shares on Wednesday trading session, with a change of 2.71% or $2.1 shares. The trading starts at $77.93 and closed at $77.46 throughout the day. The trading session low price was $77.93 and day high was $80.37 on Wednesday, August 05. After the session, the Financial sector daily volume shifted to 0.84 million while its average volume is 1.51M. In other hand, the CINF market cap reached to $13.11B. While, its current target price is $80.17.

On April 27, 2020, BRIEF-Cincinnati Financial Reports Q1 Loss Per Share $7.56. According to the news reported on Reuters, * Q1 EARNINGS PER SHARE ESTIMATE $1.04 — REFINITIV IBES DATA

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 -4.65% and up 16.49% for month. Its quarterly performance was 49.77% above, while its half year performance is down -26.34%. CINF yearly performance stood at negative -25.64% and fall -24.34% for year-to-date. Current recommendation for Cincinnati Financial Corporation is 3.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CINF EPS (TTM) for 12-month is 3.36. EPS for this year is 593.30%, while for the next year its value is 3.70. Its EPS Q/Q reached 117.20%. It has an EPS of 30.80% up for past five years and for the next five years will be down -4.98%.

Let’s take a look on the analyst recommendations on CINF for the current month and previous month. For the current month, 2 of 7 analysts recommend stock as Buy while 2 as Sell, 0 as overweight, 0 as underweight and 3 as Hold. As compared with the previous month ratings, 7 analysts participate in stock recommendation. Out of 7, 3 rated it sell, 1 rated it as Buy and 3 as Hold Ratings. On the other hand, target price ranges from $54.00 – $100.00. Average target price for CINF was reached at $80.17.

Vanguard Group, Inc. (The), Blackrock Inc. and State Street Corporation are the top three holders in Cincinnati Financial Corporation (CINF) stock. On Mar 30, 2020, Vanguard Group, Inc. (The) has 20.51 million shares which valued 1.55 billion. On Mar 30, 2020, Blackrock Inc. owned 13.67 million shares which valued at 1.03 billion. On Mar 30, 2020, State Street Corporation has a total of 8.46 million shares which valued at 638.64 million. In the end, State Street Corporation have 5.26% shares outstanding of Cincinnati Financial Corporation (CINF) on Mar 30, 2020. The insider ownership moved to 1.50% and institutional holding shifted to 65.10%.

The company posted an EPS (TTM) of 3.36. According to the most recent quarter report on (Sep 2020), 6 analysts estimated an average EPS of 0.8, while 1.08 EPS posted a year ago period. Analyst Estimated EPS for CINF published in the report was $0.55 – $0.97 during the same period. Comparing with last year, the average estimated EPS was 1.08 which is higher than 0.44 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 CINF fall -9.80% for period of 200 days. SMA for 50 days was 15.51% which is showing green signal, while SMA-20 was 3.33%. The moving average value for Cincinnati Financial Corporation (CINF) is 3.16M and 2.74% for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CINF stock. On Jul 30, Aaron Thomas J, Director, bought 1,000 trading shares at the cost of $79.01, which valued at 79015.0. On Jul 29, Cracas Teresa C, Sr VP, Chief Risk Off. – Sub, sold 100,000 shares at the cost of $82.79, with total shares of 0. On Apr 29, Skidmore Douglas S, Director, bought 3,500 shares at the cost of 72.51. After this transaction, Skidmore Douglas S total shares reached to 37,475 which valued at 0.25 million.