D/B/A Chubb Limited New (NYSE:CB) posted its quarterly earnings results on Thursday, October 26th. The financial services provider reported ($0.13) EPS for the quarter, topping the consensus estimate of ($0.24) by $0.11, Briefing.com reports. D/B/A Chubb Limited New had a net margin of 12.15% and a return on equity of 7.22%. The company had revenue of $7.36 billion during the quarter, compared to analysts’ expectations of $7.14 billion. During the same quarter in the previous year, the business posted $2.88 EPS. The firm’s revenue was up 4.6% on a year-over-year basis.
D/B/A Chubb Limited New (NYSE CB) opened at $151.35 on Friday. The company has a market cap of $70,260.00, a price-to-earnings ratio of 19.99, a price-to-earnings-growth ratio of 2.03 and a beta of 0.96. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.30 and a current ratio of 0.30. D/B/A Chubb Limited New has a 12-month low of $124.10 and a 12-month high of $156.00.
In other D/B/A Chubb Limited New news, insider John J. Lupica sold 16,674 shares of the company’s stock in a transaction on Thursday, October 19th. The shares were sold at an average price of $152.02, for a total transaction of $2,534,781.48. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.43% of the stock is currently owned by corporate insiders.
CB has been the subject of several analyst reports. Zacks Investment Research cut shares of D/B/A Chubb Limited New from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Wells Fargo & Company reiterated a “buy” rating on shares of D/B/A Chubb Limited New in a report on Tuesday, July 25th. Royal Bank Of Canada reiterated a “buy” rating and set a $165.00 price target on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. Raymond James Financial, Inc. boosted their price target on shares of D/B/A Chubb Limited New from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $155.00 target price on shares of D/B/A Chubb Limited New in a report on Thursday, July 27th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $156.55.
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D/B/A Chubb Limited New Company Profile
Chubb Limited is a holding company. The Company, through its subsidiaries, provides a range of insurance and reinsurance products and services to clients around the world. Its segments include North America Commercial property and casualty (P&C) Insurance, North America Personal P&C Insurance, North America Agricultural Insurance, Overseas General Insurance, Global Reinsurance and Life Insurance.
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