Home Sectors Financial Services Recent Change: Infinity Property And Casualty Corporation (NASDAQ: IPCC)

Recent Change: Infinity Property And Casualty Corporation (NASDAQ: IPCC)

SHARE

Infinity Property And Casualty Corporation is in the financial services sector and property and casualty insurance industry. The company CEO is Glen N. Godwin. Infinity Property and Casualty Corp is a holding company. The company writes personal automobile insurance with a concentration on nonstandard automobile insurance, commercial vehicle insurance and classic collector automobile insurance.

Previous Intraday Trading Performance:

The IPCC stock showed a previous change of 0.32% with an open at 142.55 and a close of 142.80. It reached an intraday high of 143.05 and a low of 141.15.

Business Wire:  Kemper Completes Acquisition of Infinity, Adds New Director

Liquidity:

The stock has a market cap of $1.6b with 10.9m shares outstanding, of which the float is 10.5m shares. Trading volume reached 152,875 shares compared to its average volume of 58,550 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Infinity Property And Casualty Corporation shares returned 0.07% and in the past 30 trading days it returned -1.63%. Over three months, it changed 23.12%. In one year it has changed 52.62% and within that year its 52-week high was 150.65 and its 52-week low was 83.00. IPCC stock is 72.05% above its 52 Week Low.

Our calculations show a 200 day moving average of 113.90 and a 50 day moving average of 140.12. Currently IPCC stock is trading 25.38% above its 200 day moving average.

SeekingAlpha:  Preferred Bank gains 4.4% after joining S&P SmallCap 600

Earnings:

The last annual fiscal EPS for the company was reported at 4.09 that ended on 31st of December 2017, which according to the previous close, that is a PE of 34.91. Based on 1 analyst estimate, the estimated EPS for the next quarter is 1.10. The TTM EPS is 6.00, which comes to a TTM PE of 23.80. Historically, the PE high was 35.40 and the PE low was 14.10. If the stock reached its PE low, that would represent a price of 84.60, which is a decrease of -40.76%.

The following are the last four quarter reported earnings per share:
03-31-2018:  2.03
12-31-2017:  2.25
09-30-2017:  1.38
06-30-2017:  0.34

The dividend per share is currently 2.32, which is a dividend yield of 1.62%. Also, the payout ratio is 38.67%, therefore the dividend is safe according to our calculations.

Indicators to Watch:

Based on the latest filings, there is 4.50% of insider ownership and 89.50% of institutional ownership. Short-interest is 113,293, which is 1.04% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.74. 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 0.59

SeekingAlpha:  Preferred Bank gains 4.4% after joining S&P SmallCap 600

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 7.70%, return on assets is 2.20%, profit margin is 4.32%, price-to-sales is 1.35 and price-to-book is 2.17.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 4  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

SHARE
John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.