Enact Holdings Inc's fundamentals are relatively very weak, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 85 out of 116 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 41.99.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Enact Holdings Inc is 5.09, ranking 94 out of 116 in the Insurance industry. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 312.07M, representing a year-over-year increase of 1.73%, while its net profit experienced a year-over-year increase of 1.20%.
Key Metrics
The current valuation score of Enact Holdings Inc is 7.12, ranking 65 out of 116 in the Insurance industry. Its current P/E ratio is 9.23, which is 5.36% below the recent high of 9.72 and 47.21% above the recent low of 4.87.
The current earnings forecast score of Enact Holdings Inc is 6.67, ranking 68 out of 116 in the Insurance industry. The average price target is 41.00, with a high of 42.00 and a low of 39.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Enact Holdings Inc is 7.25, ranking 49 out of 116 in the Insurance industry. Currently, the stock price is trading between the resistance level at 44.36 and the support level at 41.40, making it suitable for range-bound swing trading.
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The current institutional shareholding score of Enact Holdings Inc is 3.00, ranking 91 out of 116 in the Insurance industry. The latest institutional shareholding proportion is 22.21%, representing a quarter-over-quarter decrease of 14.17%. The largest institutional shareholder is HOTCHKIS & WILEY, holding a total of 354.30K shares, representing 0.25% of shares outstanding, with 1.24% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Insurance domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. No risk assessment score is currently available for Enact Holdings Inc. The Insurance industry's average is 7.11. The company's beta value is 0.52. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
