SLIDESHOW: Top 15 Low Price Stocks To Buy Under $20
By Dividend Channel Staff, updated Sat, April 27, 9:03 AM
This Slide: #1 of 15 |
#15. SiriusPoint
Trading Symbol
SPNT
Recent Price
12.08
TTM Earnings
1.97
PE Ratio (TTM)
6.1
Avg Past PE (TTM)
19.7
Market Cap
2.1B
#15. SiriusPoint
Trading Symbol
SPNT
Recent Price
12.08
TTM Earnings
1.97
PE Ratio (TTM)
6.1
Avg Past PE (TTM)
19.7
Market Cap
2.1B
SiriusPoint is a holding company. Through its reinsurance subsidiaries, Co. provides property and casualty reinsurance products to insurance and reinsurance companies. Co. has one segment: Property and Casualty Reinsurance. Co.'s Property and Casualty Reinsurance segment products include: property catastrophe, which is comprised of excess of loss and/or proportional coverages to insurance and reinsurance companies and provides protection to an insured for losses from a single catastrophic event or series of events; other property, which consists of exposure to homeowners' and commercial lines insurance coverage; and auto, which consists of personal and commercial automobile insurance. More details about SiriusPoint at: http://www.thirdpointre.bm.
ETFs holding SPNT »
Should SiriusPoint shares be counted among the Top 15 Low Price Stocks To Buy Under $20? To start, we see that the recent trading price for SPNT stock is $12.08 (as of 4/26/2024). The most recent quarter's (MRQ) earnings result, annualized, was $2/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, SiriusPoint produced $1.97/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $1.72/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 7.0 for the TTM Median method, 6.0 for price to earnings using MRQ annualized, and 6.1 for current price/TTM earnings. Based on SPNT's history, that recent TTM PE is low relative to the historical average, with the recent PE 69.0% lower than the average (TTM method) of 19.7.
Should SiriusPoint shares be counted among the Top 15 Low Price Stocks To Buy Under $20? To start, we see that the recent trading price for SPNT stock is $12.08 (as of 4/26/2024). The most recent quarter's (MRQ) earnings result, annualized, was $2/share. Looking at the sum total of quarterly earnings across the trailing twelve month (TTM) period, SiriusPoint produced $1.97/share. And taking the median quarterly result across the TTM period, and annualizing it, results in $1.72/share. Comparing these various earnings metrics against the stock price, we end up with a PE ratio of 7.0 for the TTM Median method, 6.0 for price to earnings using MRQ annualized, and 6.1 for current price/TTM earnings. Based on SPNT's history, that recent TTM PE is low relative to the historical average, with the recent PE 69.0% lower than the average (TTM method) of 19.7.
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Hold (2.00 out of 4) 0th percentile
(ranked lower than approx. 100% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com |
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