Chubb (CB) Flat As Market Gains: What You Should Know

The most recent trading session ended with Chubb (CB) standing at $291.44, reflecting no shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 1.77%. Meanwhile, the Dow experienced a rise of 1.42%, and the technology-dominated Nasdaq saw an increase of 2.28%.The insurer's stock has climbed by 9.05% in the past month, exceeding the Finance sector's loss of 1.46% and the S&P 500's loss of 5.73%.The investment community will be paying close attention to the earnings performance of Chubb in its upcoming release. The company is forecasted to report an EPS of $3.28, showcasing a 39.37% downward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $14.14 billion, up 8.21% from the year-ago period.For the full year, the Zacks Consensus Estimates project earnings of $21.10 per share and a revenue of $60.3 billion, demonstrating changes of -6.26% and +7.25%, respectively, from the preceding year.Investors should also pay attention to any latest changes in analyst estimates for Chubb. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Chubb is currently sporting a Zacks Rank of #3 (Hold).Looking at valuation, Chubb is presently trading at a Forward P/E ratio of 13.81. This signifies a premium in comparison to the average Forward P/E of 11.86 for its industry.It is also worth noting that CB currently has a PEG ratio of 3.66. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As of the close of trade yesterday, the Insurance - Property and Casualty industry held an average PEG ratio of 1.64.The Insurance - Property and Casualty industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 32, finds itself in the top 13% echelons of all 250+ industries.The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.You can find more information on all of these metrics, and much more, on Zacks.com.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chubb Limited (CB): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks