Hagerty Stock Analysis

Hagerty Stock Analysis Notes

About 82.0% of the company shares are owned by institutional investors. The company had not issued any dividends in recent years. It offers automobile and boat insurance products and reinsurance products. In addition, it offers DriveShare, a peer-to-peer rental platform for collector and cool vehicles Motorsport Reg, a motorsport membership, licensing, and event online management system that automates event listings, registration, and payment processing for various motorsport events and Hagerty Garage Social, a platform that provides clubhouses and car storage facilities. Hagerty operates under InsuranceProperty Casualty classification in the United States and is traded on New York Stock Exchange. It employs 1668 people. To learn more about Hagerty call McKeel Hagerty at 800 922 4050 or check out https://www.hagerty.com.

Hagerty Investment Alerts

Hagerty Upcoming and Recent Events

Hagerty Largest EPS Surprises

View All Earnings Estimates

Hagerty Stock Institutional Investors

Note, although Hagerty's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Hagerty Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hagerty's market, we take the total number of its shares issued and multiply it by Hagerty's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Hagerty Profitablity

The company has Profit Margin (PM) of 0.02 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of (0.03) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.03.

Management Efficiency

At this time, Hagerty's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.01 in 2024, whereas Return On Capital Employed is likely to drop 0.01 in 2024. At this time, Hagerty's Net Tangible Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 471.6 M in 2024, whereas Total Assets are likely to drop slightly above 1.1 B in 2024. Hagerty's management efficiency ratios could be used to measure how well Hagerty manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 24th of April, Hagerty retains the Downside Deviation of 1.66, risk adjusted performance of 0.0766, and Market Risk Adjusted Performance of 0.1869. Hagerty technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Hagerty, which can be compared to its competitors. Please check out Hagerty semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Hagerty is priced fairly, providing market reflects its last-minute price of 9.06 per share. Given that Hagerty has jensen alpha of 0.1001, we strongly advise you to confirm Hagerty's regular market performance to make sure the company can sustain itself at a future point.

Hagerty Price Movement Analysis

Hagerty Insider Trading Activities

Hagerty Predictive Daily Indicators

Hagerty Corporate Filings

Hagerty Forecast Models

Hagerty's time-series forecasting models are one of many Hagerty's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Hagerty's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Hagerty prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Hagerty shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Hagerty. By using and applying Hagerty Stock analysis, traders can create a robust methodology for identifying Hagerty entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Hagerty analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Hagerty analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Hagerty stock analysis indicators help investors evaluate how Hagerty stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Hagerty shares will generate the highest return on investment. By understating and applying Hagerty stock analysis, traders can identify Hagerty position entry and exit signals to maximize returns.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hagerty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Hagerty Stock please use our How to Invest in Hagerty guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

When running Hagerty's price analysis, check to measure Hagerty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hagerty is operating at the current time. Most of Hagerty's value examination focuses on studying past and present price action to predict the probability of Hagerty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hagerty's price. Additionally, you may evaluate how the addition of Hagerty to your portfolios can decrease your overall portfolio volatility.

Is Hagerty's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hagerty. If investors know Hagerty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hagerty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Hagerty is measured differently than its book value, which is the value of Hagerty that is recorded on the company's balance sheet. Investors also form their own opinion of Hagerty's value that differs from its market value or its book value, called intrinsic value, which is Hagerty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hagerty's market value can be influenced by many factors that don't directly affect Hagerty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Hagerty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hagerty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hagerty's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.