Is Palomar Holdings Stock a Good Investment?
Palomar Holdings Investment Advice | PLMR |
- Examine Palomar 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 Palomar Holdings' leadership team and their track record. Good management can help Palomar 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 Palomar Holdings' business and its evolving consumer preferences.
- Compare Palomar Holdings' performance and market position to its competitors. Analyze how Palomar Holdings is positioned in terms of product offerings, innovation, and market share.
- Check if Palomar Holdings pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Palomar 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 Palomar 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 Palomar Holdings is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Palomar Holdings Stock
Researching Palomar 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). About 95.0% of the company shares are owned by institutional investors. The book value of Palomar Holdings was at this time reported as 27.48. The company has Price/Earnings To Growth (PEG) ratio of 0.25. Palomar Holdings had not issued any dividends in recent years.
To determine if Palomar 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 Palomar Holdings' research are outlined below:
| Palomar Holdings currently holds 1.53 B in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Palomar Holdings has a current ratio of 0.5, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Palomar Holdings' use of debt, we should always consider it together with its cash and equity. | |
| Over 95.0% of Palomar Holdings shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Palomar Holdings Inc Announces Acquisition of Advanced AgProtection |
Palomar Holdings Quarterly Accounts Payable |
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Palomar 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 Palomar 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 Palomar 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.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Palomar Holdings' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Palomar Holdings' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2021-02-24 | 2020-12-31 | -0.014 | -0.05 | -0.036 | 257 | ||
2021-11-03 | 2021-09-30 | 0.11 | 0.07 | -0.04 | 36 | ||
2020-11-10 | 2020-09-30 | -0.54 | -0.6 | -0.06 | 11 | ||
2019-08-12 | 2019-06-30 | 0.3 | 0.36 | 0.06 | 20 | ||
2023-02-15 | 2022-12-31 | 0.74 | 0.82 | 0.08 | 10 | ||
2020-05-05 | 2020-03-31 | 0.41 | 0.5 | 0.09 | 21 | ||
2022-02-16 | 2021-12-31 | 0.64 | 0.74 | 0.1 | 15 | ||
2019-05-17 | 2019-03-31 | 0.38 | 0.52 | 0.14 | 36 |
Palomar Holdings Target Price Consensus
Palomar target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Palomar Holdings' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 8 | Buy |
Most Palomar analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Palomar stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Palomar Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPalomar Holdings Target Price Projection
Palomar Holdings' current and average target prices are 129.32 and 115.67, respectively. The current price of Palomar Holdings is the price at which Palomar Holdings is currently trading. On the other hand, Palomar Holdings' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Palomar Holdings Market Quote on 23rd of March 2025
Target Price
Analyst Consensus On Palomar Holdings Target Price
Palomar Holdings Analyst Ratings
Palomar Holdings' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Palomar Holdings stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Palomar Holdings' financials, market performance, and future outlook by experienced professionals. Palomar Holdings' historical ratings below, therefore, can serve as a valuable tool for investors.Know Palomar Holdings' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Palomar Holdings is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Palomar Holdings backward and forwards among themselves. Palomar Holdings' institutional investor refers to the entity that pools money to purchase Palomar 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.
| Shares | Artemis Investment Management Llp | 2024-12-31 | 455.1 K | Emerald Advisers, Llc | 2024-12-31 | 435 K | T. Rowe Price Associates, Inc. | 2024-12-31 | 432.1 K | Villere St Denis J & Co Llc | 2024-12-31 | 389.9 K | Federated Hermes Inc | 2024-12-31 | 374.5 K | Macquarie Group Ltd | 2024-12-31 | 353.5 K | Geneva Capital Management | 2024-12-31 | 336.4 K | Emerald Mutual Fund Advisers Trust | 2024-12-31 | 309.4 K | Northern Trust Corp | 2024-12-31 | 278.2 K | Blackrock Inc | 2024-12-31 | 4.3 M | Vanguard Group Inc | 2024-12-31 | 2.6 M |
Palomar Holdings' market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.45 B.Market Cap |
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Palomar Holdings' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.14 | 0.15 | |
| Return On Capital Employed | 0.07 | 0.04 | |
| Return On Assets | 0.14 | 0.15 | |
| Return On Equity | 0.16 | 0.09 |
Determining Palomar Holdings' profitability involves analyzing its financial statements and using various financial metrics to determine if Palomar Holdings is a good buy. For example, gross profit margin measures Palomar 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 Palomar Holdings' profitability and make more informed investment decisions.
Evaluate Palomar Holdings' management efficiency
Palomar Holdings has return on total asset (ROA) of 0.048 % which means that it generated a profit of $0.048 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1959 %, meaning that it created $0.1959 on every $100 dollars invested by stockholders. Palomar Holdings' management efficiency ratios could be used to measure how well Palomar Holdings manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Palomar Holdings' Return On Tangible Assets are relatively stable compared to the past year. As of 03/23/2025, Return On Assets is likely to grow to 0.15, while Return On Capital Employed is likely to drop 0.04. At this time, Palomar Holdings' Asset Turnover is relatively stable compared to the past year.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (27.56) | (26.19) | |
| Tangible Book Value Per Share | (28.08) | (26.68) | |
| Enterprise Value Over EBITDA | 14.17 | 13.46 | |
| Price Book Value Ratio | 3.70 | 4.65 | |
| Enterprise Value Multiple | 14.17 | 13.46 | |
| Price Fair Value | 3.70 | 4.65 | |
| Enterprise Value | 2.4 B | 2.5 B |
Palomar Holdings has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Beta 0.323 |
Basic technical analysis of Palomar Stock
As of the 23rd of March, Palomar Holdings holds the Semi Deviation of 1.89, risk adjusted performance of 0.0991, and Coefficient Of Variation of 960.36. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Palomar Holdings, as well as the relationship between them. Please check Palomar Holdings standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Palomar Holdings is priced some-what accurately, providing market reflects its current price of 129.32 per share. Given that Palomar Holdings has jensen alpha of 0.3405, we recommend you to check out Palomar Holdings's recent market performance to make sure the company can sustain itself at a future point.Palomar 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 Palomar Holdings insiders, such as employees or executives, is commonly permitted as long as it does not rely on Palomar 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 Palomar 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.
Palomar Holdings' Outstanding Corporate Bonds
Palomar 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. Palomar 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 Palomar bonds can be classified according to their maturity, which is the date when Palomar 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.
Understand Palomar Holdings' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Palomar 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 | 0.0991 | |||
| Market Risk Adjusted Performance | 0.2968 | |||
| Mean Deviation | 1.81 | |||
| Semi Deviation | 1.89 | |||
| Downside Deviation | 2.06 | |||
| Coefficient Of Variation | 960.36 | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.53 | |||
| Information Ratio | 0.125 | |||
| Jensen Alpha | 0.3405 | |||
| Total Risk Alpha | 0.4842 | |||
| Sortino Ratio | 0.1665 | |||
| Treynor Ratio | 0.2868 | |||
| Maximum Drawdown | 17.65 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 4.06 | |||
| Downside Variance | 4.25 | |||
| Semi Variance | 3.58 | |||
| Expected Short fall | (2.09) | |||
| Skewness | 2.13 | |||
| Kurtosis | 11.05 |
| Risk Adjusted Performance | 0.0991 | |||
| Market Risk Adjusted Performance | 0.2968 | |||
| Mean Deviation | 1.81 | |||
| Semi Deviation | 1.89 | |||
| Downside Deviation | 2.06 | |||
| Coefficient Of Variation | 960.36 | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.53 | |||
| Information Ratio | 0.125 | |||
| Jensen Alpha | 0.3405 | |||
| Total Risk Alpha | 0.4842 | |||
| Sortino Ratio | 0.1665 | |||
| Treynor Ratio | 0.2868 | |||
| Maximum Drawdown | 17.65 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 4.06 | |||
| Downside Variance | 4.25 | |||
| Semi Variance | 3.58 | |||
| Expected Short fall | (2.09) | |||
| Skewness | 2.13 | |||
| Kurtosis | 11.05 |
Consider Palomar Holdings' intraday indicators
Palomar 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 Palomar Holdings stock 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 | 0.0177 | |||
| Daily Balance Of Power | (0.60) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 130.07 | |||
| Day Typical Price | 129.82 | |||
| Market Facilitation Index | 2.32 | |||
| Price Action Indicator | (1.45) | |||
| Period Momentum Indicator | (1.40) | |||
| Relative Strength Index | 59.01 |
Palomar Holdings Corporate Filings
F4 | 21st of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 20th of March 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
10K | 25th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
Palomar Stock media impact
Far too much social signal, news, headlines, and media speculation about Palomar Holdings that are available to investors today. That information is available publicly through Palomar media outlets and privately through word of mouth or via Palomar internal channels. However, regardless of the origin, that massive amount of Palomar 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 Palomar 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 Palomar 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 Palomar Holdings' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Palomar Holdings alpha.
Palomar Holdings Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Palomar 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.
Palomar Holdings Historical Investor Sentiment
Investor biases related to Palomar Holdings' public news can be used to forecast risks associated with an investment in Palomar. The trend in average sentiment can be used to explain how an investor holding Palomar can time the market purely based on public headlines and social activities around Palomar Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Palomar Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Palomar Holdings and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Palomar Holdings news discussions. The higher the estimate score, the more favorable the investor's outlook on Palomar Holdings.
Palomar Holdings Corporate Management
| McDonald Armstrong | CEO Founder | Profile | |
| Robert Beyerle | Chief Officer | Profile | |
| John MacDonald | Senior Marketing | Profile | |
| Mark Brose | Chief Officer | Profile | |
| Tim Carter | Chief Officer | Profile | |
| Toshio CPA | Chief Officer | Profile | |
| Jon Christianson | President | Profile |
Additional Tools for Palomar Stock Analysis
When running Palomar Holdings' price analysis, check to measure Palomar Holdings' 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 Palomar Holdings is operating at the current time. Most of Palomar Holdings' value examination focuses on studying past and present price action to predict the probability of Palomar Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palomar Holdings' price. Additionally, you may evaluate how the addition of Palomar Holdings to your portfolios can decrease your overall portfolio volatility.