Chubb stock: buy or sell?
August 23rd, 2019
Chubb Limited, through its subsidiaries, provides insurance and reinsurance products worldwide. The company's North America Commercial P&C Insurance segment offers commercial property, marine, general casualty, workers' compensation, package policies, and risk management; and professional lines, marine and construction risk, environmental and cyber risk, and excess casualty, as well as group accident and health insurance to large, middle market, and small commercial businesses in the United States, Canada, and Bermuda.
Should I buy Chubb stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Chubb stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Chubb stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we detected 15 ratings published for CB stock in the last 30 days.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-15||Morgan Stanley||n/a||Equal Weight|
|2019-7-26||Morgan Stanley||n/a||Equal Weight|
|2019-7-19||Morgan Stanley||n/a||Equal Weight|
|2019-7-11||Wells Fargo & Co||n/a||Outperform|
|2019-4-17||Morgan Stanley||Overweight||Equal Weight|
|2019-2-27||Credit Suisse Group||Neutral||Underperform|
Chubb stock analysis
Chubb decreased a bad -1.17% and closed at $153.40.
Chubb closed today at $153.40 and decreased a bad -1.17%. From a daily perspective, CB is in a short term uptrend after plotting its last bottom ($147.48, on August/6) higher than the previous bottom, and its last top ($160.23, on Aug/9) also over the previous top. Now trading in between its last bottom and last top CB might consolidate in a plain range, waiting to break out over $160.23 or down under $147.48. On August/6 CB price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock. On August/9, CB hit a new all time high, pushing higher than on Aug 8th tops. Check different trading setups that use ATHs as triggers.
Chubb shares decreased -1.29% this week, ending at $153.40.
Chubb stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last price record Chubb marked early August. Since SMA20d and SMA40w crossed up by mid March, CB price climbed $18.47 per share (13.69%). Since price and SMA40w lines crossed up by mid February, CB climbed $24.41 (18.92%).
Chubb stock price history
Chubb stock went public on September 7th, 1984 with a price of $0.871. Since then, CB stock surged a 17,532.20%, with a yearly average of 515.70%. If you had invested $1,000 in Chubb stock in 1984, it would worth $175,322.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Chubb stock historical price chart
CB stock reached all-time highs on August 9th with a price of $160.23.
Chubb stock price target is $157.50How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 11 price forecasts for CB stock posted in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-15||Morgan Stanley||Raises Target||$154.00||$163.00||5.8%|
|2019-7-5||Raymond James||Raises Target||$150.00||$160.00||6.7%|
|2019-7-29||UBS Group||Raises Target||$156.00||$157.00||0.6%|
|2019-7-26||Morgan Stanley||Raises Target||$153.00||$154.00||0.7%|
|2019-7-24||JMP Securities||Raises Target||$160.00||$165.00||3.1%|
|2019-7-19||Morgan Stanley||Raises Target||$151.00||$153.00||1.3%|
|2019-7-11||Wells Fargo & Co||Raises Target||$157.00||$165.00||5.1%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince April, when Chubb posted its last earnings report, it soared a more than good 11.24%. As soon as we get its posted EPS from the earnings report, we will extend this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Chubb annual turnover grew a slightly good 1.47% to $32,717.00 M dollars from $32,243.00 marked in 2017. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) remained constant a 0.14% to 12.11%. Chubb presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Chubb TTM sales up to March 2019 were $32,762.00 and earnings $3,920.00 M USD. If we compare this TTM figures with the last reported annuality, we can esteem Chubb business evolution since December 2018: Annual turnover up to March, compared to lastest yearly report, remained stable a tight 0.14%. Aligned with this, profit margin (net income/revenues) remained constant at 12.11%.
|2013||$18,880 M||-||$3,760 M19.9%||-|
|2014||$19,171 M||1.54%||$2,853 M14.9%||-24.12%|
|2015||$18,987 M||-0.96%||$2,834 M14.9%||-0.67%|
|2016||$31,469 M||65.74%||$4,135 M13.1%||45.91%|
|2017||$32,243 M||2.46%||$3,861 M12.0%||-6.63%|
|2018||$32,717 M||1.47%||$3,962 M12.1%||2.62%|
|TTM||$32,762 M||0.14%||$3,920 M12.0%||-1.06%|
Quarterly financial resultsChubb posted $7,876.00 million in sales for 2019-Q1, a 3.28% improvement compared to previous quarter. Reported quarter income marked $1,040.00 million with a profit margin of 13.20%. Profit margin rose a 8.55% compared to previous quarter when profit margin was 4.66%. When comparing sales to same quarter last year, Chubb sales marked a neutral movement and remained constant a 0.57%.
|2017-Q2||$8,100 M||-||$1,310 M16.2%||-|
|2017-Q3||$8,600 M||6.17%||$-70 M-0.8%||-105.34%|
|2017-Q4||$8,015 M||-6.80%||$1,533 M19.1%||-2,290.00%|
|2018-Q1||$7,831 M||-2.30%||$1,082 M13.8%||-29.42%|
|2018-Q2||$8,510 M||8.67%||$1,294 M15.2%||19.59%|
|2018-Q3||$8,750 M||2.82%||$1,231 M14.1%||-4.87%|
|2018-Q4||$7,626 M||-12.85%||$355 M4.7%||-71.16%|
|2019-Q1||$7,876 M||3.28%||$1,040 M13.2%||192.96%|
Chubb ownershipWhen you are planning to buy shares of a company, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Chubb, 0.62% of all outstanding shares are owned by its staff.
Bearish positions for CB stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Chubb:
|Market cap||$70.2 B||$16.0 B||$7.5 B|
|Total shares||457.9 M||403.8 M||40.1 M|
|Float shares||452.5 M||356.4 M||43.4 M|
|- Institutional holdings (%)||90.5%||90.9%||100.9%|
|- Insider holdings (%)||0.6%||3.0%||1.6%|
|Shares in short selling||0.0%||0.0%||0.0%|
|Friday, August 23rd, 2019|
|Day range||$152.52 - $156.48|
|Average true range||$3.47|
|50d mov avg||$151.32|
|100d mov avg||$147.07|
|200d mov avg||$138.76|
Chubb performanceTo measure stock performance is always good to compare with competitors or related stocks. For Chubb, the comparison is made against Arch Capital and RenaissanceRe.
Chubb competitorsChoosing a list of competitors for Chubb it's tough. We selected 2 public companies that are related to and can be considered as competitors of Chubb:
Latest Chubb stock news
- InvestorPlace3 Big Stock Charts for Wednesday: Chubb, Symantec and CarMaxMarch 27, 2019
- Seeking AlphaChubb Still Offers Some Value As The U.S. Market ImprovesJuly 27, 2018