Investors may be taking a closer look at shares of The Travelers Companies, Inc. (NYSE:TRV). Sometimes the stock market can be frustrating, even for the most experienced investors. Even when a stock looks good and results are meeting expectations, the market may decide to shift otherwise. This may lead to feelings of uncertainty and cause some second guessing. Investors may be following historical price data to gain some further insight on where the stock has been and where it may be headed. After a recent look, the stock has been seen trading near the $151.42 mark. Looking back over the past 4 weeks, shares have moved 3.15%. Over the last 5 days, the stock has seen a change of -0.39%. Looking at the last 12 week period, we note that the stock has moved 11.44%. Since the beginning of the calendar year, we note that shares have changed 26.45%. Investors will often track the current stock price relative to its 52-week high and low levels. The 52-week high is currently 153.13, and the 52-week low is resting at 112.63. When shares are trading near the 52-week high or 52-week low, investors may narrow the focus to see if there will be breakout.
Stock market reversals can occur at any time. When these corrections happen, the investing world may be quick to make over the top predictions. Looking at the current health of the overall stock market, it is important to remember that market corrections can be quite normal in bull market runs. Investors may use a down day to buy some names they may have had their eye on. As we near the next earnings season, everyone will be checking to see how companies have performed over the previous quarter. Investors and analysts will both be eagerly watching to see if the company can meet and beat projections.
Tracking the current quarter consensus EPS estimate for The Travelers Companies, Inc. (NYSE:TRV), we have noted that the number is currently 2.31. This estimate is using 7 contributing analysts polled by Zacks Research. For the last quarter, the company posted a quarterly EPS of 2.83. Sell-side Wall Street analysts study companies and provide their opinions of where the stock might be going in the future. A lot of weight is given to analyst estimates, and earnings beats or misses revolve around these predictions. Sometimes these estimates are very close to the actual, and other times they are not. When a company announces actual earnings results, a large surprise factor can result in increased volatility. If a company beats estimates and posts a positive earnings surprise, the stock may see a near-term bump in price. On the flip side, a negative surprise may move the stock lower. Based on the unknown, many investors may choose to trade with caution around earnings releases.
Analysts have set a target price on shares of The Travelers Companies, Inc. (NYSE:TRV). The current consensus price target is $146.2. Wall Street analysts often provide price target projections on stocks that they cover. Price target projections can be created using a wide variety of methods. Many investors will closely track stock target prices, especially when analysts make updates. A thorough research report will generally offer detailed reasoning for a certain target projection. Some investors may watch sell-side targets very closely and use the information to help with their own stock research.
Sell-side analysts have the capability of providing stock ratings for companies that they cover. According to analysts polled by Zacks Research, the current average broker rating on shares of The Travelers Companies, Inc. (NYSE:TRV) is 2.83. This average rating includes analysts who have offered Sell, Buy and Hold ratings on the stock. This rating falls on a numeric scale from 1 to 5. A score of 1 would indicate a Buy recommendation, and a score of 5 would represent a Sell recommendation. Out of all the analysts offering ratings, 5 have pegged the stock a Strong Buy or Buy, based on data provided by Zacks Research.
Individual investors have a lot to study when dealing with the stock market. New investors may start out thinking that with enough capital, they can easily start securing substantial gains. While equity market investing can help individuals build wealth, it can also be highly risky. Market education may be an extremely important part of any investor’s game plan. Knowing exactly where the money is invested and why it is invested there, may be a big help when reviewing portfolio performance down the line. Any investor who takes the reins and decides to make their own decisions should realize the importance of a well-rounded stock market education.
