Cincinnati Financial Corp. (NASDAQ: CINF) is 9.75% higher on its value in year-to-date trading and has touched a low of $95.01 and a high of $124.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CINF stock was last observed hovering at around $110.88 in the last trading session, with the day’s gains setting it 2.67%.
Currently trading at $113.55, the stock is -4.78% and -3.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.37 million and changing 2.41% at the moment leaves the stock 5.33% off its SMA200. CINF registered 9.59% gain for a year compared to 6-month gain of 13.91%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -8.55% loss in the last 1 month and extending the period to 3 months gives it a 1.45%, and is -6.13% down 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 2.77% over the week and 1.95% over the month.
Cincinnati Financial Corp. (CINF) has around 5426 employees, a market worth around $17.79B and $10.71B in sales. Current P/E ratio is 7.56 and Fwd P/E is 16.16. Profit margin for the company is 22.16%. Distance from 52-week low is 19.51% and -8.69% from its 52-week high. The company has generated returns on investments over the last 12 months (17.58%).
Cincinnati Financial Corp. quarterly earnings per share for the current quarter are estimated at $1.09 with sales reaching $2.42B over the same period.The EPS is expected to grow by 5.80% this year, but quarterly earnings will post -0.90% year-over-year. Quarterly sales are estimated to shrink -6.90% in year-over-year returns.
Cincinnati Financial Corp. (CINF) Top Institutional Holders
The shares outstanding are 157.00M, and float is at 153.85M with Short Float at 1.35%.
Cincinnati Financial Corp. (CINF) Insider Activity
The most recent transaction is an insider purchase by Debbink Dirk J,the company’sDirector. SEC filings show that Debbink Dirk J bought 2,000 shares of the company’s common stock on Dec 05 ’23 at a price of $102.98 per share for a total of $0.21 million. Following the purchase, the insider now owns 51542.0 shares.
Cincinnati Financial Corp. disclosed in a document filed with the SEC on Oct 30 ’23 that Debbink Dirk J (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Oct 30 ’23 and was made at $98.78 per share for $98781.0. Following the transaction, the insider now directly holds 49542.0 shares of the CINF stock.
Still, SEC filings show that on Sep 12 ’23, Benacci Nancy Cunningham (Director) acquired 1,000 shares at an average price of $106.57 for $0.11 million. The insider now directly holds 3,702 shares of Cincinnati Financial Corp. (CINF).
