(HIPO) Hippo Holdings - Ratings and Ratios

Hippo Holdings Inc. is a US-based insurance provider that leverages technology to offer a range of property and casualty insurance products to individuals and businesses. The companys business model is diversified across three segments: Services, Insurance-as-a-Service, and Hippo Home Insurance Program, allowing it to cater to various customer needs. By providing insurance products such as homeowners, personal, commercial, auto, flood, earthquake, and pet insurance, Hippo aims to be a one-stop-shop for customers seeking comprehensive coverage.

The companys focus on technology is evident in its distribution channels, which include its website and licensed insurance agencies. Hippos emphasis on innovation is also reflected in its additional services, such as service contracts, home health check-ups, and home care advice, which complement its insurance offerings. With its headquarters in Palo Alto, California, Hippo is well-positioned to capitalize on the growing demand for tech-enabled insurance solutions.

Analyzing the , we observe that the stock has been trading near its 200-day Simple Moving Average (SMA) of $23.86, indicating a potential support level. The Average True Range (ATR) of 1.27, representing a 5.20% volatility, suggests that the stock is experiencing moderate price fluctuations. Considering the , Hippos Market Cap stands at $615.25M, and the absence of a P/E ratio indicates that the company is currently unprofitable. The negative Return on Equity (RoE) of -11.89% further reinforces this notion.

Based on the and , a forecast for Hippo Holdings Inc. can be constructed. Given the companys growth potential in the tech-enabled insurance space, a potential price target could be $30.00, representing a 22.8% increase from the current price of $24.46. However, this is contingent upon the company demonstrating significant improvements in its profitability and reducing its losses. In the short term, the stock may continue to trade within the range defined by its 52-week high and low ($34.01 and $14.98, respectively). A break above the 50-day SMA of $25.60 could signal a bullish trend, while a decline below the 200-day SMA may indicate further downside potential.