State Auto Financial (NASDAQ:STFC) Downgraded by Zacks Investment Research to Sell

State Auto Financial stock has undergone multiple analysts rating changes in the recent past.  State Auto Financial Downgraded by Zacks Investment Research on 10/30/2021. In a note to investors, the firm issued a new rating of Sell. The analysts previously had rating of Hold.

Shares of State Auto Financial traded down -$0.07 on Friday, reaching $51.31. 75048 shares of the stock traded hands, compared to its average volume of 89414. Shares of State Auto Financial were trading at $51.31 on Friday. The firm’s 50 day moving average is $50.96 and its 200 day moving average is $31.20.State Auto Financial has a 12 month low of $51.31 and a 12 month high of $51.51. While on yearly highs and lows, State Auto Financial’s today has traded high as $51.42 and has touched $51.31 on the downward trend. See More Analyst Rating at: RATING

State Auto Financial Earnings and What to expect: 

State Auto Financial last posted its quarterly earnings data on August 4th, 2021. The insurance provider reported ($0.47) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by $0.46. The business had revenue of $387.60 million for the quarter, compared to analyst estimates of $387 million. State Auto Financial has generated ($0.19) earnings per share over the last year ($2.20 diluted earnings per share) and currently has a price-to-earnings ratio of 23.3. Earnings for State Auto Financial are expected to grow in the coming year, from ($0.03) to $1.51 per share. State Auto Financial has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for State Auto Financial are expected to grow in the coming year, from ($0.03) to $1.51 per share. The P/E ratio of State Auto Financial is 23.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.58. The P/E ratio of State Auto Financial is 23.32, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 12.50. State Auto Financial has a P/B Ratio of 2.23. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

State Auto Financial (NASDAQ:STFC) Moving Average Technical Analysis

5 day Moving Average is $51.31 And 5 day price change is $0.11 (0.21%)  with average volume for 5 day average is 50,740. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $51.21 and 20 day price change is $0.31 (0.61%) and average 20 day moving volume is 70,780. 50 day moving average is $50.96  and 50 day price change is $1.41 ( 2.83%)  and with average volume for 50 days is : 102,854. 200 day moving average is $31.20  and 200 day price change is $32.49 (172.64%)  and with average volume for 200 days is : 130,433.

Other owners latest trading in State Auto Financial :

  • On 10/29/2021 shares held by Janney Montgomery Scott LLC were 4,500 which equates to market value of $0.23M and appx 0.00% owners of State Auto Financial
  • On 10/28/2021 shares held by Huntington National Bank were 2,483 which equates to market value of $0.13M and appx 0.00% owners of State Auto Financial
  • On 10/22/2021 shares held by Monument Capital Management were 9,069 which equates to market value of $0.46M and appx 0.20% owners of State Auto Financial
  • In total Institutional ownership equates to Institutional Ownership Percentage: 33.27% for State Auto Financial

See More Analyst Rating at: RATING