AXIS Capital Holdings (AXS) shares are trading at a discount to the Zacks Property and Casualty Insurance industry’s multiple of 1.65. Its price-to-book value of 1.36X is lower than the broader sector’s 3.74X and the Zacks S&P 500 composite’s 8.83X.Its pricing at a discount to the industry average gives a better entry point to investors. Also, it has a Value Score of A. This leading specialty insurer and global reinsurer has a market capitalization of $7 billion. The average volume of shares traded in the l ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Axis Capital (AXS) , which belongs to the Zacks Insurance - Property and Casualty industry.This insurance company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 8.73%.For the most recent quarter, Axis Capital was expected to post earnings of $2.52 pe ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks ...

Wall Street began the trading week on a volatile note, as inflation concerns and external pressure unsettled the stock market. Escalating geopolitical tensions, apprehensions related to Hurricane Milton and the heated presidential election season caught investors off guard. Moreover, last week’s strong jobs report has tempered hopes of another significant interest rate cut by the Federal Reserve.Major indices suffered broad declines on Monday. The Dow Jones Industrial Average dropped 0.9%, or 398.51 points, ...

Have you been paying attention to shares of Axis Capital (AXS) ? Shares have been on the move with the stock up 7.1% over the past month. The stock hit a new 52-week high of $82.34 in the previous session. Axis Capital has gained 48.4% since the start of the year compared to the 18.1% move for the Zacks Finance sector and the 29.1% return for the Zacks Insurance - Property and Casualty industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't ...

Relying solely on stock price movements without understanding the company’s fundamentals can cause investors to lose money. Investors must carefully review a company's financial health to make informed decisions, especially in today’s unpredictable market.While sales and earnings are often the go-to metrics, they can sometimes be misleading and may not show whether a company has the financial strength to cover its obligations. This is where the coverage ratio holds the key — a higher ratio signals that a co ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 26th:AXIS Capital Holdings Limited (AXS) : This company which offers insurance covers for property, workers compensation, professional liability, casualty, and marine and aviation carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing nearly 7% over the last 60 days.AXIS Capital has a price-to-earnings ratio (P/E) of 7.39, compared with 15. ...

The price-to-book (P/B) ratio is widely favored by value investors for identifying low-priced stocks with exceptional returns. The ratio is used to compare a stock’s market value/price to its book value.The P/B ratio is calculated as below:P/B ratio = market price per share/book value of equity per shareP/B ratio reflects how many times book value investors are ready to pay for a share. So, if the share price is $10 and the book value of equity is $5, investors are ready to pay two times the book value. Ide ...

When it comes to investing, the flashiest sectors often grab the headlines—think cutting-edge tech, electric vehicles, or artificial intelligence. However, some of the most reliable and profitable opportunities lie in industries that are often considered boring and mundane.Insurance, for example, is essential for businesses and individuals alike, yet it doesn’t inspire the same excitement as other sectors. Despite this, some of the top-performing stocks in the market come from the insurance industry, thanks ...

The Dow Jones Industrial Average inched up higher on Friday, setting a new record after a strong week, driven by the Federal Reserve’s first rate cut in four years. The Dow rose by 38.16 points, or 0.09%, to close at 42,063.36. In contrast, the S&P 500 slipped 0.19% to 5,702.55, and the Nasdaq Composite fell 0.36% to finish at 17,948.32. This movement came after a midweek rally, during which the Dow surpassed the 42,000 mark and the S&P 500 hit a key milestone above 5,700. Despite Friday’s slight pullbacks, ...