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3 Stocks Boosting The Insurance Industry Higher

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 16 points (0.1%) at 16,738 as of Wednesday, June 4, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 1,467 issues advancing vs. 1,547 declining with 149 unchanged.

The Insurance industry as a whole closed the day up 0.8% versus the S&P 500, which was up 0.2%. Top gainers within the Insurance industry included Life Partners Holdings ( LPHI), up 1.6%, Kansas City Life Insurance ( KCLI), up 1.7%, Atlas Financial Holdings ( AFH), up 2.4%, Imperial Holdings ( IFT), up 1.6% and National General Holdings ( NGHC), up 1.9%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Imperial Holdings ( IFT) is one of the companies that pushed the Insurance industry higher today. Imperial Holdings was up $0.10 (1.6%) to $6.23 on light volume. Throughout the day, 35,633 shares of Imperial Holdings exchanged hands as compared to its average daily volume of 169,900 shares. The stock ranged in a price between $6.03-$6.25 after having opened the day at $6.09 as compared to the previous trading day's close of $6.13.

Imperial Holdings, Inc., through its subsidiaries, operates as a specialty finance company in the United States. As of December 31, 2013, it owned and managed a portfolio of 612 life insurance policies, also referred to as life settlements. Imperial Holdings, Inc. Imperial Holdings has a market cap of $132.9 million and is part of the financial sector. Shares are down 6.3% year-to-date as of the close of trading on Tuesday. Currently there is 1 analyst who rates Imperial Holdings a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Imperial Holdings as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and weak operating cash flow.

Highlights from TheStreet Ratings analysis on IFT go as follows:

  • IFT's very impressive revenue growth greatly exceeded the industry average of 1.4%. Since the same quarter one year prior, revenues leaped by 317.1%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The debt-to-equity ratio is somewhat low, currently at 0.95, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels.
  • The net income growth from the same quarter one year ago has exceeded that of the Consumer Finance industry average, but is less than that of the S&P 500. The net income increased by 22.9% when compared to the same quarter one year prior, going from -$4.33 million to -$3.34 million.
  • IFT has underperformed the S&P 500 Index, declining 7.08% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • Net operating cash flow has decreased to -$5.62 million or 38.72% when compared to the same quarter last year. Despite a decrease in cash flow of 38.72%, IMPERIAL HOLDINGS INC is in line with the industry average cash flow growth rate of -46.63%.

You can view the full analysis from the report here: Imperial Holdings Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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