Chubb(US:CB) ZACKSยท2024-10-18 22:50Company Overview - Chubb (CB) closed at $301.66, reflecting a -0.08% change from the previous session, underperforming the S&P 500's gain of 0.4% [1] - Over the past month, Chubb's shares increased by 3.89%, outperforming the Finance sector's decline of 3.26% and the S&P 500's gain of 3.76% [1] Upcoming Earnings - Chubb's earnings report is anticipated on October 29, 2024, with projected EPS of $4.92, indicating a 0.61% decrease year-over-year [1] - Revenue is expected to reach $15.24 billion, representing an 8.16% increase compared to the same quarter last year [1] Fiscal Year Estimates - For the entire fiscal year, earnings are estimated at $21.29 per share, reflecting a -5.55% change from the previous year, while revenue is projected at $56.52 billion, indicating a +10.71% change [2] - Recent revisions to analyst forecasts for Chubb may signal changes in near-term business trends, with positive revisions generally indicating a favorable business outlook [2] Zacks Rank and Valuation - Chubb currently holds a Zacks Rank of 3 (Hold), with a 0.43% rise in the Zacks Consensus EPS estimate over the past month [3] - The company has a Forward P/E ratio of 14.18, which is lower than the industry average of 15.34, suggesting it is trading at a discount [3] - Chubb's PEG ratio stands at 6.27, compared to the industry average PEG ratio of 1.83, indicating a significant difference in expected earnings growth [3] Industry Context - The Insurance - Property and Casualty industry, part of the Finance sector, holds a Zacks Industry Rank of 94, placing it in the top 38% of over 250 industries [4] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [4]