Travelers Companies Inc. (TRV) Is Now En Route to Higher Prices

Travelers Companies Inc. (NYSE: TRV) is -0.90% lower on its value in year-to-date trading and has touched a low of $157.33 and a high of $194.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRV stock was last observed hovering at around $185.57 in the last trading session, with the day’s gains setting it 0.23% off its average median price target of $186.00 for the next 12 months. It is also 19.22% off the consensus price target high of $230.00 offered by 28 analysts, but current levels are -11.26% lower than the price target low of $167.00 for the same period.

Currently trading at $185.80, the stock is 2.03% and 7.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 0.12% at the moment leaves the stock 8.33% off its SMA200. TRV registered -1.91% loss for a year compared to 6-month gain of 7.78%. The firm has a 50-day simple moving average (SMA 50) of $1.24.

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The stock witnessed a 5.52% loss in the last 1 month and extending the period to 3 months gives it a 10.70%, and is 1.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.44% over the week and 1.52% over the month.

Travelers Companies Inc. (TRV) has around 32500 employees, a market worth around $42.44B and $40.07B in sales. Current P/E ratio is 20.10 and Fwd P/E is 10.66. Profit margin for the company is 5.41%. Distance from 52-week low is 18.10% and -4.48% from its 52-week high. The company has generated returns on investments over the last 12 months (7.77%).

Travelers Companies Inc. (TRV) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Travelers Companies Inc. (TRV) is a “Hold”. 28 analysts offering their recommendations for the stock have an average rating of 2.64, where 14 rate it as a Hold and 3 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.

Travelers Companies Inc. is expected to release its quarterly report on 01/19/2024.The EPS is expected to shrink by -10.18% this year.

Travelers Companies Inc. (TRV) Top Institutional Holders

The shares outstanding are 232.10M, and float is at 227.55M with Short Float at 1.11%.

Travelers Companies Inc. (TRV) Insider Activity

A total of 9 insider transactions have happened at Travelers Companies Inc. (TRV) in the last six months, with sales accounting for 4 and purchases happening 5 times. The most recent transaction is an insider sale by OLIVO MARIA,the company’sEVP, Strat Dev & Pres Intl. SEC filings show that OLIVO MARIA sold 7,000 shares of the company’s common stock on Nov 30 at a price of $179.92 per share for a total of $1.26 million. Following the sale, the insider now owns 0.1 million shares.

Travelers Companies Inc. disclosed in a document filed with the SEC on Nov 27 that HEYMAN WILLIAM H (Vice Chairman) sold a total of 270 shares of the company’s common stock. The trade occurred on Nov 27 and was made at $178.00 per share for $48060.0. Following the transaction, the insider now directly holds 0.26 million shares of the TRV stock.

Still, SEC filings show that on Nov 03, BESSETTE ANDY F (EVP and Chief Admin Officer) disposed off 3,797 shares at an average price of $169.38 for $0.64 million. The insider now directly holds 13,005 shares of Travelers Companies Inc. (TRV).

Travelers Companies Inc. (TRV): Who are the competitors?

The company’s main competitors (and peers) include Chubb Ltd. (CB) that is trading 0.51% up over the past 12 months. Progressive Corp. (PGR) that is 21.88% higher over the same period.