Chubb (CB) ended the recent trading session at $323.64, demonstrating a -1.32% change from the preceding day’s closing price. This change lagged the S&P 500’s 0.28% loss on the day. Meanwhile, the Dow experienced a drop of 0.44%, and the technology-dominated Nasdaq saw a decrease of 0.28%.<\/p>\n
Coming into today, shares of the insurer had lost 0.4% in the past month. In that same time, the Finance sector lost 6.73%, while the S&P 500 lost 3.59%.<\/p>\n
Market participants will be closely following the financial results of Chubb in its upcoming release. In that report, analysts expect Chubb to post earnings of $6.47 per share. This would mark year-over-year growth of 75.82%. Alongside, our most recent consensus estimate is anticipating revenue of $14.86 billion, indicating a 8.68% upward movement from the same quarter last year.<\/p>\n
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $26.4 per share and revenue of $63.36 billion, indicating changes of +6.49% and +5.67%, respectively, compared to the previous year.<\/p>\n
Any recent changes to analyst estimates for Chubb should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.<\/p>\n
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we’ve crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.<\/p>\n
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.24% higher. Right now, Chubb possesses a Zacks Rank of #3 (Hold).<\/p>\n
Looking at its valuation, Chubb is holding a Forward P\/E ratio of 12.42. This denotes a premium relative to the industry average Forward P\/E of 9.94.<\/p>\n
It’s also important to note that CB currently trades at a PEG ratio of 2.04. The PEG ratio bears resemblance to the frequently used P\/E ratio, but this parameter also includes the company’s expected earnings growth trajectory. Insurance – Property and Casualty stocks are, on average, holding a PEG ratio of 2.03 based on yesterday’s closing prices.<\/p>\n
The Insurance – Property and Casualty industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 30, positioning it in the top 13% of all 250+ industries.<\/p>\n","protected":false},"excerpt":{"rendered":"Chubb (CB) ended the recent trading session at $323.64, demonstrating a -1.32% change from the preceding day’s closing…\n","protected":false},"author":2,"featured_media":35441,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[131],"tags":[240,1445,1274],"class_list":{"0":"post-35440","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-chubb","8":"tag-chubb","9":"tag-estimate-revisions","10":"tag-zacks-rank"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116259890507300964","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/35440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=35440"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/35440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/35441"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=35440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=35440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=35440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}