William Blair has recently raised Baldwin Insurance Group Inc (BWIN) stock to Outperform rating, as announced on October 17, 2024, according to Finviz. Earlier, on April 8, 2024, JP Morgan had raised the stock from a Neutral to Overweight, setting a price target of $33 for BWIN stock. Raymond James also raised Strong Buy rating with a price target of $30. Additionally, Wells Fargo reduced Equal Weight rating on November 8, 2023, with a target price of $24. William Blair analysts, in their report published on March 3, 2023, also reduced Mkt Perform rating for Baldwin Insurance Group Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Baldwin Insurance Group Inc (BWIN) Stock Trading Recap
On Tuesday, Baldwin Insurance Group Inc (BWIN) stock saw a decline, ending the day at $40.66 which represents a decrease of $-5.51 or -11.93% from the prior close of $46.17. The stock opened at $37.61 and touched a low of $34.22 during the day, reaching a high of $41.59. The volume of shares traded was 4.93 million exceeding the average volume of 0.53 million.
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BWIN Stock Performance and Moving Averages
In recent trading, Baldwin Insurance Group Inc (BWIN) stock price has shown some volatility, fluctuating -19.47% over the last five trades and -18.25% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 45.06%, and it has plunged by -4.33% in the previous three months. Currently, BWIN is trading at -19.33%, -17.24%, and 11.34% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, BWIN, a Financial sector stock, is trading -27.16% below its 52-week high but remains 134.62% above its 52-week low. The Average True Range (ATR) (14 days) of 2.5 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Baldwin Insurance Group Inc’s Profitability and Valuation Ratios
Baldwin Insurance Group Inc’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of 4.34% and a profit margin of -2.89%, with a gross margin of 45.06%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Baldwin Insurance Group Inc’s market capitalization stands at $4.78 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The forward P/E ratio, which uses projected earnings for the next financial year, is 20.62. Additionally, the Price-to-Sales Ratio is 3.56, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 4.61, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 0.95% of Baldwin Insurance Group Inc (BWIN)’s shares, while financial institutions hold 95.64%.
Notable insider trades include Baldwin Lowry, Director at Baldwin Insurance Group Inc (BWIN), who sold 50000 shares on Aug 30 ’24, at $46.74 each, totaling $2.34 million. On Aug 29 ’24, Galbraith Daniel, See Remarks, sold 75000 shares for $46.33 each, amounting to $3.47 million. Additionally, on Aug 20 ’24, Baldwin Lowry sold 51744 shares at $42.56 each, generating $2.20 million.