Safety Insurance Stock Target Price and Analyst Consensus

SAFT Stock  USD 85.89  1.03  1.21%   
The current analyst and expert consensus on Safety Insurance is Strong Sell, with no strong buy opinions. The current projected Safety Insurance target price consensus is 70.00 with 0 analyst opinions. Check out Macroaxis Advice on Safety Insurance to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Safety Insurance analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Safety Insurance executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Safety Insurance. We encourage you to use your own analysis of Safety Insurance to validate this buy or sell advice. Safety Insurance buy-or-sell recommendation module provides average expert sentiment on the projected Safety Insurance target price to derive its highest and lowest estimates based on projected price volatility of 1.8053.
Lowest Forecast
63.7
Highest Forecast
77.7
Target Price
70
Gross Profit is likely to drop to about 729.3 M in 2024. Pretax Profit Margin is likely to drop to 0.02 in 2024. At this time, Safety Insurance's Cash And Short Term Investments are comparatively stable compared to the past year. Non Current Liabilities Total is likely to gain to about 694.1 M in 2024, whereas Other Assets are likely to drop slightly above 241.3 M in 2024.
  
It's important to approach Safety Insurance's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Safety Insurance price targets

Safety Insurance's stock target price is an estimate of its future price, usually made by analysts. Using Safety Insurance's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Safety Insurance's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Safety Insurance's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Safety Insurance Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Safety Insurance is a key component of Safety Insurance valuation and have some predictive power on the future returns of a Safety Insurance.
Hype
Prediction
LowEstimatedHigh
84.0785.8987.71
Details
Intrinsic
Valuation
LowRealHigh
75.4677.2894.48
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.101.101.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Safety Insurance. Your research has to be compared to or analyzed against Safety Insurance's peers to derive any actionable benefits. When done correctly, Safety Insurance's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Safety Insurance.

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Additional Tools for Safety Stock Analysis

When running Safety Insurance's price analysis, check to measure Safety Insurance'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 Safety Insurance is operating at the current time. Most of Safety Insurance's value examination focuses on studying past and present price action to predict the probability of Safety Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Safety Insurance's price. Additionally, you may evaluate how the addition of Safety Insurance to your portfolios can decrease your overall portfolio volatility.