Skip to main content

Trade-Ideas LLC identified

Aspen Insurance Holdings

(

AHL

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Aspen Insurance Holdings as such a stock due to the following factors:

  • AHL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $11.8 million.
  • AHL has traded 1,762 shares today.
  • AHL is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in AHL with the Ticky from Trade-Ideas. See the FREE profile for AHL NOW at Trade-Ideas

More details on AHL:

Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses worldwide. Its Insurance segment offers property and casualty insurance, including U.S. and the United Kingdom commercial property and construction business, commercial liability, U.S. The stock currently has a dividend yield of 1.7%. AHL has a PE ratio of 14. Currently there are no analysts that rate Aspen Insurance Holdings a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Recommends

The average volume for Aspen Insurance Holdings has been 272,800 shares per day over the past 30 days. Aspen has a market cap of $3.1 billion and is part of the financial sector and insurance industry. The stock has a beta of 0.71 and a short float of 0.7% with 1.88 days to cover. Shares are up 14.5% 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.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Aspen Insurance Holdings as a

buy

. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:

  • Although AHL's debt-to-equity ratio of 0.19 is very low, it is currently higher than that of the industry average.
  • 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.
  • Despite the weak revenue results, AHL has outperformed against the industry average of 15.7%. Since the same quarter one year prior, revenues slightly dropped by 0.3%. Weakness in the company's revenue seems to have hurt the bottom line, decreasing earnings per share.
  • ASPEN INSURANCE HOLDINGS LTD's earnings per share declined by 28.6% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, ASPEN INSURANCE HOLDINGS LTD increased its bottom line by earning $4.80 versus $4.15 in the prior year. For the next year, the market is expecting a contraction of 7.3% in earnings ($4.45 versus $4.80).

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.