The newest buying and selling session noticed HCI Group (HCI) ending at $119.25, denoting a -0.42% adjustment from its final day’s shut. The inventory’s efficiency was behind the S&P 500’s every day acquire of 0.24%. In the meantime, the Dow skilled an increase of 0.16%, and the technology-dominated Nasdaq noticed a rise of 0.08%.
Coming into right now, shares of the property and casualty insurance coverage holding firm had misplaced 4.07% prior to now month. In that very same time, the Finance sector gained 3.3%, whereas the S&P 500 gained 2.37%.
Analysts and buyers alike can be holding an in depth eye on the efficiency of HCI Group in its upcoming earnings disclosure. The corporate’s earnings report is ready to go public on February 27, 2025. The corporate is predicted to publish an EPS of -$2.75, indicating a 185.4% decline in comparison with the equal quarter final 12 months. In the meantime, our newest consensus estimate is looking for income of $163.88 million, up 0.74% from the prior-year quarter.
Additionally it is vital to notice the current adjustments to analyst estimates for HCI Group. These current revisions are likely to replicate the evolving nature of short-term enterprise developments. With this in thoughts, we are able to think about constructive estimate revisions an indication of optimism concerning the firm’s enterprise outlook.
Our analysis means that these adjustments in estimates have a direct relationship with upcoming inventory value efficiency. To reap the benefits of this, we have established the Zacks Rank, an unique mannequin that considers these estimated adjustments and delivers an operational ranking system.
The Zacks Rank system ranges from #1 (Robust Purchase) to #5 (Robust Promote). It has a outstanding, outside-audited monitor file of success, with #1 shares delivering a mean annual return of +25% since 1988. Over the past 30 days, the Zacks Consensus EPS estimate has remained unchanged. HCI Group presently includes a Zacks Rank of #3 (Maintain).
Digging into valuation, HCI Group presently has a Ahead P/E ratio of 8.87. For comparability, its trade has a mean Ahead P/E of 11.12, which implies HCI Group is buying and selling at a reduction to the group.
The Insurance coverage – Property and Casualty trade is a part of the Finance sector. With its present Zacks Business Rank of 65, this trade ranks within the prime 26% of all industries, numbering over 250.
The Zacks Business Rank assesses the vigor of our particular trade teams by computing the typical Zacks Rank of the person shares integrated within the teams. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
Have in mind to depend on Zacks.com to look at all these stock-impacting metrics, and extra, within the succeeding buying and selling classes.
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HCI Group, Inc. (HCI) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.
