Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole was unchanged today. By the end of trading, PartnerRe rose $1.12 (1.3%) to $88.59 on average volume. Throughout the day, 868,061 shares of PartnerRe exchanged hands as compared to its average daily volume of 626,600 shares. The stock ranged in a price between $87.21-$88.80 after having opened the day at $87.32 as compared to the previous trading day's close of $87.47. Other companies within the Insurance industry that increased today were:
), up 5.8%,
), up 4.9%,
), up 3.8% and
), up 3.4%.
- EXCLUSIVE OFFER: Jim Cramer's Protege, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.
PartnerRe Ltd., through its subsidiaries, provides reinsurance services worldwide. PartnerRe has a market cap of $5.0 billion and is part of the financial sector. The company has a P/E ratio of 5.8, below the S&P 500 P/E ratio of 17.7. Shares are up 8.8% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate PartnerRe a buy, 1 analyst rates it a sell, and 9 rate it a hold.
TheStreet Ratings rates PartnerRe as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, increase in stock price during the past year, notable return on equity, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full PartnerRe Ratings Report.
On the negative front,
), down 2.8%,
), down 2.5%,
), down 2.3% and
), down 2.2% , were all laggards within the insurance industry with
) being today's insurance industry laggard.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
) while those bearish on the insurance industry could consider
- Find other investment ideas from our top rated ETFs lists.
Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.