Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
21 USD | +1.60% | +2.99% | +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
- Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths
- The group's activity appears highly profitable thanks to its outperforming net margins.
- Its low valuation, with P/E ratio at 8.12 and 7.8 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 past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
- Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.
- Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
- The group usually releases upbeat results with huge surprise rates.
Weaknesses
- With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
- The company's earnings growth outlook lacks momentum and is a weakness.
- The average consensus view of analysts covering the stock has deteriorated over the past four months.
- Over the past twelve months, analysts' consensus has been significantly revised downwards.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Property & Casualty Insurance
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+8.86% | 5.51B | B- | ||
+13.33% | 29.33B | C+ | ||
+11.79% | 2.64B | B- | ||
-18.92% | 1.88B | D+ | ||
+7.76% | 1.75B | B- | ||
+1.15% | 877M | - | - | |
-.--% | 78.49M | - | - | |
-2.76% | 73.59M | - | - | |
+5.86% | 63.23M | - | - |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
- Stock Market
- Equities
- MTG Stock
- Ratings MGIC Investment Corporation