(HIG) Hartford Financial - Ratings and Ratios

The Hartford Financial Services Group, Inc. (NYSE:HIG) is a leading provider of insurance and financial services, operating across the United States, the United Kingdom, and international markets. Established in 1810 and headquartered in Hartford, Connecticut, the company offers a diverse range of insurance products tailored to both individual and business clients. Its Business Insurance segment specializes in workers compensation, property, automobile, general and professional liability, and other specialized coverages, distributed through a network of regional offices, independent agents, and brokers. The Personal Insurance segment focuses on personal lines, including automobile, homeowners, and personal umbrella policies, primarily sold through direct-to-consumer channels and independent agents. The Property & Casualty Other Operations segment addresses niche risks such as asbestos and environmental exposures. Additionally, the Employee Benefits segment delivers group life, disability, and other coverage solutions to employer groups, while the Hartford Funds segment provides managed mutual funds and ETFs, catering to a broad range of investors through financial advisers and institutional channels.

From a technical perspective, HIG is currently trading at $117.80, with a 20-day average volume of 1,605,349 shares. The stock is above its 200-day simple moving average (SMA) of $112.94, signaling a bullish long-term trend. Shorter-term indicators show the SMA 20 at $118.83 and SMA 50 at $116.78, suggesting recent strength. The Average True Range (ATR) of 3.26 indicates moderate volatility. Fundamentally, the company boasts a market capitalization of $33.619 billion, a price-to-earnings (P/E) ratio of 11.38, and a forward P/E of 10.15, reflecting reasonable valuation. The price-to-book (P/B) ratio of 2.09 and price-to-sales (P/S) ratio of 1.27 align with industry norms, while a return on equity (RoE) of 18.92% highlights strong profitability.

3-Month Forecast: Based on the convergence of technical and fundamental factors, HIG is expected to maintain its upward trajectory in the near term. The stocks position above the 200-day SMA, coupled with improving shorter-term SMAs, suggests continued bullish momentum. Support levels are likely to hold near the SMA 50 at $116.78, while resistance may emerge at $120.00. The moderate ATR of 3.26 suggests volatility will remain manageable, with potential price fluctuations contained within a $4.00 range. Fundamentally, the companys strong RoE and reasonable valuation metrics position it favorably for stable performance. Overall, HIG is projected to trade in the range of $115.00 to $120.00 over the next three months, with a slight upward bias driven by its solid financials and positive technical setup.