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5-day change | 1st Jan Change | ||
21 USD | +1.60% | +2.19% | +8.86% |
May. 22 | UBS Raises Price Target on MGIC Investment to $22 From $21, Keeps Neutral Rating | MT |
May. 02 | Transcript : MGIC Investment Corporation, Q1 2024 Earnings Call, May 02, 2024 |
Summary
- The company presents an interesting fundamental situation from a short-term investment perspective.
Strengths
- Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
- Its low valuation, with P/E ratio at 8.25 and 7.93 for the ongoing fiscal year and 2025 respectively, makes the stock pretty attractive with regard to earnings multiples.
- The company appears to be poorly valued given its net asset value.
- For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
- Considering the small differences between the analysts' various estimates, the group's business visibility is good.
- Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
- Historically, the company has been releasing figures that are above expectations.
Weaknesses
- With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
- The potential for earnings per share (EPS) growth in the coming years appears limited according to current analyst estimates.
- The average consensus view of analysts covering the stock has deteriorated over the past four months.
- Over the past twelve months, analysts' opinions have been revised negatively.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Property & Casualty Insurance
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+8.86% | 5.6B | B- | ||
+13.33% | 29.01B | C+ | ||
+11.79% | 2.66B | B- | ||
-18.92% | 1.88B | D+ | ||
+7.76% | 1.75B | B- | ||
+1.15% | 864M | - | - | |
-.--% | 78.49M | - | - | |
-2.76% | 73.57M | - | - | |
+5.86% | 64.65M | - | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
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- Ratings MGIC Investment Corporation