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Is this Large Market Cap Stock target price reasonable for Selective Insurance Group Inc. (NASDAQ:SIGI)?

The company in question is, Selective Insurance Group Inc. (NASDAQ:SIGI) currently with a stock price of 40.54 (1.12% today). The market cap for Selective Insurance Group Inc. is 2289.14, and is in the sector Financial, and Property & Casualty Insurance industry. The target price for Selective Insurance Group Inc. is 41.67. Currently Selective Insurance Group Inc. is trading with a P/E of 13.57, and a forward P/E of 15.48. Average volume for Selective Insurance Group Inc. is 176.74 and so far today it is 96439.

Performance in the last year for Selective Insurance Group Inc. has been 20.02%. For EPS growth, Selective Insurance Group Inc. has seen a growth of 15.30%, and is looking to grow in the next year to -5.82%. More long term stats show that EPS growth has been 17.10% over the last five years and could be 10.00% for the next five years. Selective Insurance Group Inc. has seen sales growth quarter over quarter at 8.10%, with EPS growth quarter over quarter at 27.30%. The 20-day simple moving average is 2.69%, with the 200-day simple moving average coming to 12.18%.

Since the IPO date for Selective Insurance Group Inc. on the 3/26/1990, Selective Insurance Group Inc. has seen performance year to date to be 20.90%. With Selective Insurance Group Inc. trading at 40.54, the dividend yield is 1.50%, and the EPS is 2.96.

So could Selective Insurance Group Inc., be undervalued? Well as said before P/E is 13.57. The PEG is 1.36, P/S is 1.03 and the P/B is at 1.49. The P/cash is 1526.09, with P/free cash flow at 10.13.

Selective Insurance Group Inc. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.21, and total debt/equity at 0.25.

In terms of margins, Selective Insurance Group Inc. has a gross margin of *TBA, an operating margin of 12.00% and a profit margin of 7.80%.Payout ratio for Selective Insurance Group Inc. is 19.60%. Return on assets come to 2.50% with return on investment coming to 10.50%.

Insider ownership for Selective Insurance Group Inc., is at 2.10% and institutional ownership comes to 78.70%. Outstanding shares are at 57.1. While shares float is 56.33. The float short is currently 1.42%, and short ratio is 4.52.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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