Best Insurance Stocks Worth Watching – June 2nd

Tesla, UnitedHealth Group, Berkshire Hathaway, Intuit, SoFi Technologies, Caterpillar, and Wells Fargo & Company are the seven Insurance stocks to watch today, according to MarketBeat’s stock screener tool. Insurance stocks are shares of ownership in publicly traded insurance companies, giving investors a claim on the firm’s assets and earnings. Because insurers underwrite risks and invest premiums, their stock performance reflects both underwriting results and returns on invested capital. These equities often pay dividends and are influenced by factors such as interest rates, claims experience and regulatory changes. These companies had the highest dollar trading volume of any Insurance stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

TSLA stock traded down $4.86 during mid-day trading on Monday, hitting $341.60. The stock had a trading volume of 66,595,532 shares, compared to its average volume of 98,033,567. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. Tesla has a 52 week low of $167.41 and a 52 week high of $488.54. The firm has a market capitalization of $1.10 trillion, a P/E ratio of 167.11, a P/E/G ratio of 5.86 and a beta of 2.43. The firm has a fifty day simple moving average of $286.92 and a 200 day simple moving average of $334.13.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

Shares of UnitedHealth Group stock traded up $1.79 during midday trading on Monday, hitting $303.70. 15,150,151 shares of the company traded hands, compared to its average volume of 6,822,234. The stock has a market cap of $275.50 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 1.37 and a beta of 0.56. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.91 and a current ratio of 0.83. The firm’s fifty day moving average price is $430.87 and its 200-day moving average price is $492.75. UnitedHealth Group has a 12 month low of $248.88 and a 12 month high of $630.73.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of Berkshire Hathaway stock traded down $1.40 during midday trading on Monday, hitting $502.56. 2,846,003 shares of the company traded hands, compared to its average volume of 4,337,164. The stock has a market cap of $1.08 trillion, a price-to-earnings ratio of 10.15, a PEG ratio of 3.45 and a beta of 0.88. The firm’s fifty day moving average price is $517.17 and its 200-day moving average price is $490.09. Berkshire Hathaway has a 12 month low of $403.33 and a 12 month high of $542.07.

Intuit (INTU)

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.

Shares of Intuit stock traded up $8.50 during midday trading on Monday, hitting $761.97. 1,071,717 shares of the company traded hands, compared to its average volume of 1,617,307. The stock has a market cap of $212.55 billion, a price-to-earnings ratio of 73.94, a PEG ratio of 2.85 and a beta of 1.24. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.24 and a current ratio of 1.24. The firm’s fifty day moving average price is $630.69 and its 200-day moving average price is $622.38. Intuit has a 12 month low of $532.65 and a 12 month high of $762.32.

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

Shares of SoFi Technologies stock traded up $0.29 during midday trading on Monday, hitting $13.59. 43,070,483 shares of the company traded hands, compared to its average volume of 48,503,127. The stock has a market cap of $15.02 billion, a price-to-earnings ratio of 36.74, a PEG ratio of 2.24 and a beta of 1.84. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.18 and a current ratio of 0.49. The firm’s fifty day moving average price is $12.21 and its 200-day moving average price is $14.02. SoFi Technologies has a 12 month low of $6.01 and a 12 month high of $18.42.

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

NYSE:CAT traded down $3.38 during mid-day trading on Monday, hitting $344.66. 1,599,168 shares of the company’s stock were exchanged, compared to its average volume of 2,613,969. The company has a 50 day simple moving average of $319.22 and a 200-day simple moving average of $350.64. The company has a current ratio of 1.42, a quick ratio of 0.89 and a debt-to-equity ratio of 1.40. Caterpillar has a fifty-two week low of $267.30 and a fifty-two week high of $418.50. The firm has a market capitalization of $162.35 billion, a P/E ratio of 15.62, a PEG ratio of 1.87 and a beta of 1.35.

Wells Fargo & Company (WFC)

Wells Fargo & Co. is a diversified and community-based financial services company, which engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance products and services. It operates through the following segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth and Investment Management.

NYSE:WFC traded down $0.09 during mid-day trading on Monday, hitting $74.70. 7,343,436 shares of the company’s stock were exchanged, compared to its average volume of 17,402,462. The company has a 50 day simple moving average of $70.07 and a 200-day simple moving average of $72.91. The company has a current ratio of 0.86, a quick ratio of 0.85 and a debt-to-equity ratio of 1.07. Wells Fargo & Company has a fifty-two week low of $50.15 and a fifty-two week high of $81.50. The firm has a market capitalization of $243.07 billion, a P/E ratio of 13.88, a PEG ratio of 1.18 and a beta of 1.13.