The company's fundamentals are relatively stable. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a good stock market performance and strong technicals, the fundamentals don't support the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 5.62, which is lower than the Insurance industry's average of 6.51. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 241.17M, representing a year-over-year increase of 65.77%, while its net profit experienced a year-over-year increase of 68.72%.
Key Metrics
The company’s current valuation score is 5.41, which is lower than the Insurance industry's average of 7.37. Its current P/E ratio is 19.60, which is 73.86% below the recent high of 34.07 and 14.20% above the recent low of 16.81.
The company’s current earnings forecast score is 8.00, which is higher than the Insurance industry's average of 7.31. The average price target for Palomar Holdings Inc is 164.00, with a high of 168.00 and a low of 145.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 9.48, which is higher than the Insurance industry's average of 7.87. Sideways: Currently, the stock price is trading between the resistance level at 136.84 and the support level at 116.41, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 10.00, which is higher than the Insurance industry's average of 6.82. The latest institutional shareholding proportion is 96.43%, representing a quarter-over-quarter decrease of 1.03%. The largest institutional shareholder is The Vanguard, holding a total of 2.63M shares, representing 9.91% of shares outstanding, with 2.31% increase in holdings.
There is no risk assessment score for the company; the Insurance industry's average is 6.81. The company's beta value is 0.25. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
