Hanover Insurance Group Inc trades as part of the financial services sector and trades as part of the property and casualty insurance industry. The company CEO is John C. Roche. The Hanover Insurance Group Inc is a holding company. The company is engaged in providing property and casualty insurance products and services to businesses, individuals, and families through a group of independent agents and brokers.
Previous Intraday Trading Performance:
The THG stock showed a previous change of 0.34% with an open at 116.66 and a close of 116.93. It reached an intraday high of 117.80 and a low of 116.37.
The stock has a market cap of $4.7b with 40.6m shares outstanding, of which the float is 39.5m shares. Trading volume reached 184,961 shares compared to its average volume of 249,483 shares. Based on the current average volume and close price, the trading liquidity is good.
Historical Trading Performance:
Over the last five trading days, Hanover Insurance Group Inc shares returned -1.37% and in the past 30 trading days it returned 5.46%. Over three months, it changed 10.12%. In one year it has changed 5.13% and within that year its 52-week high was 131.44 and its 52-week low was 104.59. THG stock is 11.80% above its 52 Week Low.
Our calculations show a 200 day moving average of 113.10 and a 50 day moving average of 114.50. Currently THG stock is trading 3.39% above its 200 day moving average and may be a good opportunity to buy.
The last annual fiscal EPS for the company was reported at 9.09 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.86. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.49. The TTM EPS is 7.63, which comes to a TTM PE of 15.33. Historically, the PE high was 30.40 and the PE low was 9.50. If the stock reached its PE low, that would represent a price of 72.46, which is a decrease of -38.03%.
The following are the last four quarter reported earnings per share:
The dividend per share is currently 2.40, which is a dividend yield of 2.05%. Also, the payout ratio is 31.45%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 130.09, which means it is possibly undervalued and has a margin of safety of 10.11%
Indicators to Watch:
Based on the latest filings, there is 133.10% of institutional ownership. Short-interest is 1,552,356, which is 3.83% of shares outstanding. The short-interest ratio or days-to-cover ratio is 5.66. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 0.71
Based on last reported financials, the company’s return on equity is 13.43%, return on assets is 2.87%, profit margin is 7.99%, price-to-sales is 0.95 and price-to-book is 1.60.
All scores are out of six:
0 :Valuation Score
3 :Past Performance Score
4 :Financial Strength Score
1 :Future Growth Score
5 :Dividend Score
2 :Overall Score