Palomar Holdings Inc's fundamentals are relatively stable, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 65 out of 116 in the Insurance industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 159.80.In the medium term, the stock price is expected to trend down.Despite a very weak 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 Palomar Holdings Inc is 5.62, ranking 79 out of 116 in the Insurance industry. Its financial status is weak, and its operating efficiency is average. Its latest quarterly revenue reached 280.84M, representing a year-over-year increase of 59.08%, while its net profit experienced a year-over-year increase of 0.06%.
Key Metrics
The current valuation score of Palomar Holdings Inc is 5.41, ranking 108 out of 116 in the Insurance industry. Its current P/E ratio is 14.61, which is 133.22% below the recent high of 34.07 and 0.00% above the recent low of 14.61.
The current earnings forecast score of Palomar Holdings Inc is 8.25, ranking 10 out of 116 in the Insurance industry. The average price target is 166.00, with a high of 170.00 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 current price momentum score of Palomar Holdings Inc is 6.65, ranking 87 out of 116 in the Insurance industry. Currently, the stock price is trading between the resistance level at 126.36 and the support level at 98.73, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Palomar Holdings Inc is 10.00, ranking 1 out of 116 in the Insurance industry. The latest institutional shareholding proportion is 106.39%, representing a quarter-over-quarter increase of 8.29%. The largest institutional shareholder is PRFDX, holding a total of 250.54K shares, representing 0.95% of shares outstanding, with 36.51% decrease 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 Palomar Holdings Inc. The Insurance industry's average is 7.11. The company's beta value is 0.50. 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.
