New Lifetime High Reached: Allied World Assurance Co Holdings (AWH)
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.
Trade-Ideas LLC identified
Allied World Assurance Co Holdings
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Allied World Assurance Co Holdings as such a stock due to the following factors:
- AWH has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $14.1 million.
- AWH has traded 3,141 shares today.
- AWH is trading at a new lifetime high.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in AWH with the Ticky from Trade-Ideas. See the FREE profile for AWH NOW at Trade-Ideas
More details on AWH:
Allied World Assurance Company Holdings, AG, through its subsidiaries, provides property, casualty, and specialty insurance and reinsurance solutions worldwide. It operates through three segments: North American Insurance, Global Markets Insurance, and Reinsurance. The stock currently has a dividend yield of 2.2%. AWH has a PE ratio of 8.4. Currently there are 3 analysts that rate Allied World Assurance Co Holdings a buy, no analysts rate it a sell, and 2 rate it a hold.
The average volume for Allied World Assurance Co Holdings has been 361,500 shares per day over the past 30 days. Allied World Assurance Co has a market cap of $4.0 billion and is part of the financial sector and insurance industry. The stock has a beta of 0.46 and a short float of 0.8% with 2.27 days to cover. Shares are up 8.4% year-to-date as of the close of trading on Thursday.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
Analysis:
rates Allied World Assurance Co Holdings as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
Highlights from the ratings report include:
- Although AWH's debt-to-equity ratio of 0.22 is very low, it is currently higher than that of the industry average.
- 41.52% is the gross profit margin for ALLIED WORLD ASSURANCE CO AG which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 21.45% significantly outperformed against the industry average.
- The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Insurance industry and the overall market on the basis of return on equity, ALLIED WORLD ASSURANCE CO AG has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.
- Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period, despite the company's weak earnings results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- Regardless of the drop in revenue, the company managed to outperform against the industry average of 5.7%. Since the same quarter one year prior, revenues slightly dropped by 4.9%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
- You can view the full Allied World Assurance Co Holdings Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.
null