The Hartford Financial Services Group, Inc. (HIG) and GameStop Corp. (GME) Explored Through the Earnings Deep Dive

    Looking at top Wall Street opinions, The Hartford Financial Services Group, Inc. (NYSE: HIG) has recently made its way into the research list of Goldman – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Buy in the eyes of Goldman, whereas its previous rating was Neutral in the eyes of Goldman, as reported on Wednesday, May 29th, 2019. Another heavy-hitting research note was published by Janney on Tuesday December 4th, 2018, with this firm upgrading HIG to an updated rating of Buy from its previous rating of Neutral. In the past six months and three months of trading, shares of The Hartford Financial Services Group, Inc. (HIG) have moved by 20.00% and 8.00%, respectively.

    Brokerage Updates Related to The Hartford Financial Services Group, Inc. (HIG) Stock

    This publicly-traded organization generated losses of -1.38% over the last 5 sessions. Right now, this stock is the subject of 19 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Not a Single analyst have given underperform rating or sell rating, and 4 have given a rating of Buy or better. Based on the 19 stock market experts following this company, the average 12-month price target is $63.00. Moreover, individual price targets range between $57.00-$70.00. With its recent move to $63.00, we can see that these firms project this stock will gain by 13.42% in one year.

    Updates from The Hartford Financial Services Group, Inc. (HIG) SEC Form 4

    This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.20% rise since the beginning of the calendar year. A Director at The Hartford Financial Services Group, Inc. (HIG) sold off some of its shares in a transaction that was finalized on Aug 13. Similarly, Allardice Robert B. III sold 6,000 shares of the organization’s stock at $57.93 apiece and racked up $347,586 in earnings from the sale. Now, Allardice Robert B. III holds 15,684 shares of the company following the exchange. A Director of the organization named Allardice Robert B. III, was engaged in a transaction that occurred on Aug 09 that managed to be worth $205,478 from the sale of 3,500 common shares at a price of $58.71 per individual share.

    The Hartford Financial Services Group, Inc. (NYSE:HIG) Results in the Pipeline

    The next scheduled release of financial results for The Hartford Financial Services Group, Inc. will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $1.14. In the same vein, they expect sales for the quarter to amount to $4,970.41 million.

    Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $5,092.00 million in revenue alongside EPS at $1.33. On average, the analyst projection was calling for $4,940.00 million with $1.39 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $4,633.00 million, with earnings per share ending up at $0.78.

    GameStop Corp. (NYSE:GME) experienced a drop of -3.31% from the closing price in the previous trading day. That drove the price to $3.21 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 5,876,553 shares of stock – compared to the typical average of 6.42M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $6.55.

    Pricing Indications for GameStop Corp. (GME)

    This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 4.71 from its observable 50-day simple moving average. Right at this moment, the per-share value is -67.69% lower than the mean per-share price over the last 200 days in the market.

    GameStop Corp. (NYSE:GME) In-Depth Brokerage Insights

    We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 1 have a sell rating, 1 have a Buy rating, 0 have an outperform rating, while 7 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 3.10 , based on information from Thomson Reuters.

    GME Stock Value Potential

    In trading activity as of late, this stock’s value was 9.88 up from its 200 day moving average, while also -32.34% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $4.00-$9.00. The market value for the entire organization reached 355.70M. In the last trading session, the price ended the day at $3.32. The institutional holdings related to this organization account for 2.50%, and the Beta factor is now 0.41. This company’s RSI (Relative Strength Index) managed to hit 18.02.

    GameStop Corp. (NYSE:GME) Analyst Points of Focus

    GameStop Corp. (GME) has found itself inside of The Benchmark Company’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Sell, by The Benchmark Company, as garnered from a news report on Wednesday June 5th, 2019. An additional helpful research note was sent out by Credit Suisse’s on Monday May 20th, 2019. The brokerage decided to reiterated GME to Underperform.