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5-day change | 1st Jan Change | ||
143.2 USD | +1.34% | -1.72% | +7.61% |
04-24 | RBC Raises Price Target on RLI to $155 From $148, Keeps Sector Perform Rating | MT |
04-23 | Transcript : RLI Corp., Q1 2024 Earnings Call, Apr 23, 2024 |
Summary
- Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
Strengths
- The company returns high margins, thereby supporting business profitability.
- Over the past year, analysts have regularly revised upwards their sales forecast for the company.
- Sales forecast by analysts have been recently revised upwards.
- For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
- For the past twelve months, EPS forecast has been revised upwards.
- The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
- Over the past twelve months, analysts' opinions have been strongly revised upwards.
- Considering the small differences between the analysts' various estimates, the group's business visibility is good.
- Analysts' price targets are all relatively close, reflecting good visibility on the company's valuation.
- Historically, the company has been releasing figures that are above expectations.
Weaknesses
- The company's earnings growth outlook lacks momentum and is a weakness.
- With a 2024 P/E ratio at 20.42 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
- In relation to the value of its tangible assets, the company's valuation appears relatively high.
- The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
Ratings chart - Surperformance
Chart ESG Refinitiv
Sector: Property & Casualty Insurance
1st Jan change | Capi. | Investor Rating | ESG Refinitiv | |
---|---|---|---|---|
+7.61% | 6.46B | C | ||
+40.92% | 62.62B | B- | ||
+11.90% | 50.76B | C+ | ||
+11.90% | 48.58B | B | ||
+22.56% | 44.85B | B- | ||
+28.99% | 34.96B | B- | ||
+12.27% | 29.37B | B- | ||
+52.38% | 28.66B | B | ||
+25.02% | 24.85B | C- | ||
+9.98% | 20.64B | B- |
Financials
Valuation
Momentum
Consensus
Business Predictability
Environment
Governance
Controversy
Technical analysis
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- Ratings RLI Corp.