Is Enact Holdings Stock a Good Investment?
Enact Holdings Investment Advice | ACT |
- Examine Enact Holdings' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Enact Holdings' leadership team and their track record. Good management can help Enact Holdings navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Property & Casualty Insurance space and any emerging trends that could impact Enact Holdings' business and its evolving consumer preferences.
- Compare Enact Holdings' performance and market position to its competitors. Analyze how Enact Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if Enact Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Enact Holdings' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Enact Holdings stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Enact Holdings is a good investment.
Sell | Buy |
Strong Hold
Examine Enact Holdings Stock
Researching Enact Holdings' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). The fund holds 99.42% of assets under management (AUM) in equities. Enact Holdings last dividend was 0.71 per share.
To determine if Enact Holdings is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Enact Holdings' research are outlined below:
| Enact Holdings has 745.42 M in debt with debt to equity (D/E) ratio of 0.18, which may show that the company is not taking advantage of profits from borrowing. Enact Holdings has a current ratio of 0.83, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Enact Holdings until it has trouble settling it off, either with new capital or with free cash flow. So, Enact Holdings' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enact Holdings sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enact to invest in growth at high rates of return. When we think about Enact Holdings' use of debt, we should always consider it together with cash and equity. | |
| About 81.0% of Enact Holdings shares are held by company insiders | |
| Latest headline from zacks.com: Implied Volatility Surging for Enact Holdings Stock Options | |
| The fund holds 99.42% of its assets under management (AUM) in equities |
Enact Holdings uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Enact Holdings. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Enact Holdings' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 6th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 6th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Enact Holdings' market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 5.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enact Holdings's market, we take the total number of its shares issued and multiply it by Enact Holdings'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.Enact Holdings' profitablity analysis
The company has Net Profit Margin of 0.57 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.78 %, which entails that for every 100 dollars of revenue, it generated $0.78 of operating income.Determining Enact Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if Enact Holdings is a good buy. For example, gross profit margin measures Enact Holdings' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Enact Holdings' profitability and make more informed investment decisions.
The data published in Enact Holdings' official financial statements typically reflect Enact Holdings' business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Enact Holdings' quantitative information. For example, before you start analyzing numbers published by Enact accountants, it's essential to understand Enact Holdings' liquidity, profitability, and earnings quality within the context of the Insurance space in which it operates.
Please note, the imprecision that can be found in Enact Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Enact Holdings. Check Enact Holdings' Beneish M Score to see the likelihood of Enact Holdings' management manipulating its earnings.
Evaluate Enact Holdings' management efficiency
Enact Holdings has Return on Asset of 0.093 % which means that on every $100 spent on assets, it made $0.093 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1438 %, implying that it generated $0.1438 on every 100 dollars invested. Enact Holdings' management efficiency ratios could be used to measure how well Enact Holdings manages its routine affairs as well as how well it operates its assets and liabilities.Enact Holdings showcases strong leadership that adapts to market changes and drives innovation. Our analysis explores how this adaptability affects the stock's investment appeal.
Dividend Yield 0.0213 | Forward Dividend Yield 0.0213 | Forward Dividend Rate 0.74 | Beta 0.569 |
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Institutional Etf Holders for Enact Holdings
Have you ever been surprised when a price of an equity instrument such as Enact Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enact Holdings backward and forwards among themselves. Enact Holdings' institutional investor refers to the entity that pools money to purchase Enact Holdings' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Note, although Enact Holdings' 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. Basic technical analysis of Enact Etf
As of the 26th of November, Enact Holdings shows the Semi Deviation of 1.39, mean deviation of 0.8994, and Downside Deviation of 1.47. Enact Holdings technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the entity's future prices.Enact Holdings' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Enact Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on Enact Holdings' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Enact Holdings insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Enact Holdings' Outstanding Corporate Bonds
Enact Holdings issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Enact Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Enact bonds can be classified according to their maturity, which is the date when Enact Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| GWOCN 1357 17 SEP 27 Corp BondUS29248HAA14 | View | |
| GWOCN 1776 17 MAR 31 Corp BondUS29248HAB96 | View | |
| GWOCN 3075 17 SEP 51 Corp BondUS29248HAC79 | View | |
| ENABLE MIDSTREAM PARTNERS Corp BondUS292480AK65 | View | |
| ENABLE MIDSTREAM PARTNERS Corp BondUS292480AL49 | View | |
| US292480AM22 Corp BondUS292480AM22 | View | |
| ENABLE MIDSTREAM PARTNERS Corp BondUS292480AJ92 | View |
Understand Enact Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Enact Holdings' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0159 | |||
| Market Risk Adjusted Performance | 0.0223 | |||
| Mean Deviation | 0.8994 | |||
| Semi Deviation | 1.39 | |||
| Downside Deviation | 1.47 | |||
| Coefficient Of Variation | 6391.35 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0123 | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.57 | |||
| Downside Variance | 2.16 | |||
| Semi Variance | 1.92 | |||
| Expected Short fall | (0.87) | |||
| Skewness | (0.78) | |||
| Kurtosis | 3.86 |
| Risk Adjusted Performance | 0.0159 | |||
| Market Risk Adjusted Performance | 0.0223 | |||
| Mean Deviation | 0.8994 | |||
| Semi Deviation | 1.39 | |||
| Downside Deviation | 1.47 | |||
| Coefficient Of Variation | 6391.35 | |||
| Standard Deviation | 1.25 | |||
| Variance | 1.56 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0123 | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 1.57 | |||
| Downside Variance | 2.16 | |||
| Semi Variance | 1.92 | |||
| Expected Short fall | (0.87) | |||
| Skewness | (0.78) | |||
| Kurtosis | 3.86 |
Consider Enact Holdings' intraday indicators
Enact Holdings intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Enact Holdings etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 5553.44 | |||
| Daily Balance Of Power | 0.7439 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 35.32 | |||
| Day Typical Price | 35.34 | |||
| Price Action Indicator | 0.36 | |||
| Period Momentum Indicator | 0.61 |
Enact Etf media impact
Far too much social signal, news, headlines, and media speculation about Enact Holdings that are available to investors today. That information is available publicly through Enact media outlets and privately through word of mouth or via Enact internal channels. However, regardless of the origin, that massive amount of Enact data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Enact Holdings news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Enact Holdings relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Enact Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Enact Holdings alpha.
Enact Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Enact Holdings can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Other Information on Investing in Enact Etf
Enact Holdings financial ratios help investors to determine whether Enact Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Enact with respect to the benefits of owning Enact Holdings security.