(TSU) Trisura - Ratings and Ratios

Trisura Group Ltd. is a specialized insurance company operating in the surety, risk solutions, corporate insurance, and reinsurance sectors across Canada, the United States, and internationally. The companys business is segmented into Trisura Canada and Trisura United States, offering a range of products including risk solutions, fronting, and insurance products, along with business underwriting services. Trisura provides contract surety bonds, such as performance and labor and material payment bonds, primarily to suppliers, manufacturers, service contractors, and the construction industry. Additionally, it offers commercial surety bonds to federal, state courts, government bodies, financial institutions, and private corporations. With its headquarters in Toronto, Canada, and incorporated in 2017, Trisura has established itself as a significant player in the specialty insurance market.

From a market perspective, Trisura Group Ltd. is categorized under the Property & Casualty Insurance sub-industry, with a ticker symbol TSU. As a common stock originating from Canada, its market performance is closely watched by investors. The companys financial health and operational efficiency are reflected in its market capitalization of 1911.93M CAD, indicating a substantial presence in the market.

Analyzing Trisuras technical data, the stocks last price was 40.40 CAD, with its 20-day Simple Moving Average (SMA) at 39.71 CAD, indicating a positive trend. The 50-day SMA at 37.22 CAD and 200-day SMA at 38.03 CAD further support this upward trajectory. The Average True Range (ATR) of 1.00 CAD, equivalent to 2.47%, suggests moderate volatility. The stocks 52-week high and low range between 46.38 CAD and 31.61 CAD, respectively, provide insight into its price fluctuations over the past year.

Fundamentally, Trisuras Price-to-Earnings (P/E) ratio stands at 17.56, with a forward P/E of 13.51, suggesting potential for growth as the forward P/E is lower. The Return on Equity (RoE) of 14.63% indicates a strong ability to generate profits from shareholders equity. These metrics, combined with a market capitalization of 1911.93M CAD, underscore the companys financial stability and operational performance.

Forecasting Trisuras future performance, the upward trend indicated by its SMA values, combined with a relatively stable ATR, suggests potential for continued growth. The companys strong RoE and a lower forward P/E ratio compared to the current P/E ratio may indicate undervaluation and potential for stock price appreciation. However, the insurance industry is subject to various regulatory and market risks. Assuming Trisura continues to leverage its specialized insurance products and maintains its operational efficiency, it is plausible that the stock could reach the upper end of its 52-week range or potentially exceed it, driven by its fundamental strengths and positive technical indicators. A target price could be around 45 CAD, representing a 11.4% increase from its last price, based on the positive trend and fundamental data. However, this forecast is contingent upon the company maintaining its current performance trajectory and favorable market conditions.