IIn the last trading session, Stewart Information Services (STC) closed at $56.33, marking a +0.07% move from the previous day. The stock lagged the S&P 500 daily gain of 1.99%. Meanwhile, the Dow Jones gained 1.61% and the Nasdaq, a technology-heavy index, added 0.06%. .
As of today, shares of the title insurance and real estate services company have gained 11.6% over the past month. Meanwhile, the financials sector lost 5.79%, while the S&P 500 lost 7.24%.
Wall Street will be looking for positivity from Stewart Information Services as its next earnings release date approaches.
Investors might also notice recent changes to analyst estimates for Stewart Information Services. These revisions help show the ever-changing nature of short-term trading trends. With this in mind, we can view positive estimate revisions as a sign of optimism about the company’s business prospects.
Our research shows that these estimate changes are directly correlated to short-term stock prices. Investors can take advantage of this by using the Zacks ranking. This model accounts for these estimation changes and provides a simple and actionable scoring system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive track record of outperformance verified by external audits, with #1 stocks generating an average annual return of +25% since 1988 Zacks Consensus’ EPS estimate fell 20.36% over the past month. Stewart Information Services is currently a Zacks Rank #5 (Strong Selling).
Investors should also take note of Stewart Information Services’ current valuation metrics, including its forward P/E ratio of 7.95. Its industry sports an average Forward P/E of 13.75, so we could conclude that Stewart Information Services is trading at a comparatively lower price.
The Insurance – P&C industry is part of the Finance sector. This group has a Zacks Industry ranking of 158, which places it in the bottom 38% of all 250+ industries.
The Zacks Industry Rankings are ranked from best to worst in terms of the average Zacks Ranking of individual companies in each of these industries. Our research shows that the top 50% of industries outperform the bottom half by a factor of 2 to 1.
To follow STC in upcoming trading sessions, be sure to use Zacks.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.