Stock In Spotlight: Loews Corporation (NYSE:L)

Loews Corporation (NYSE:L) closed its last session at $50.43. The stock traded within a range of $50.33 and $50.93. The company operates in the Financial Services sector with a market capitalization of 16.4 Million. Trading volume for Loews Corporation was 1.17 Million in its previous trading session. Currently, Loews Corporation (NYSE:L) has an average volume of 1.59 Million.

Company Profile

Loews is a holding company. Their subsidiaries are engaged in the following lines of business: commercial property and casualty insurance (CNA Financial Corporation); operation of offshore oil and gas drilling rigs (Diamond Offshore Drilling); transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas (Boardwalk Pipeline Partners, LP); and operation of a chain of hotels (Loews Hotels Holding Corporation).

Analyst Views

Loews Corporation (NYSE:L) received a Buy rating from 0 analysts. 0 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Loews Corporation (NYSE:L) touched its 1-Year High price of $53.59 on 01/29/18 and its 1-Year Low price of $45.01 on 09/08/17.

EPS & Financials

Loews Corporation (NYSE:L) reported its EPS in the last quarter as $0.81/Share beating the analyst estimate of $0.71/Share by a difference of $0.1. This showed a surprise of 14.1% in the last quarter earnings.

For the current quarter, 3 analysts are projecting a mean EPS of $0.8/share. According to their observations and findings, the stock could provide a high EPS of $0.88/share and a low EPS of $0.7/share.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BEARISH with MEDIUM volatility. Loews Corporation (NYSE:L) has a 20-Day average volume of 1.62 Million. According to today’s trading volume Loews Corporation is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 1.4 Percent and Institutional ownership of 66.6 Percent. The return on assets stands at 1.5%, Return on Equity currently is 6.2% and the Return on Investment value is 6.1%.

Loews Corporation (NYSE:L) gross margin percentage stands at 0% while its operating margin for the past trailing twelve month is 16.2 percent and its overall profit margin (ttm) is 8.5 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 0.62% with a 50-Day Simple Moving Average of 1.11 percent. As of today, the company has a SMA200 (200-day simple moving average) of 2.59 Percent. The Stock has YTD (year to date) performance of 0.8 percent.

The TTM operating margin for the company stands at 16.2%. The return on invested capital is at 6.1%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 11.12.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 2.59%, and has a solid year to date (YTD) performance of 0.8% which means that the stock is constantly adding to its value from the previous fiscal year end price.

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