MS&AD Insurance Group (OTCMKTS:MSADY) Shares Gap Down - What's Next?

Key Points

• MS&AD Insurance Group's shares experienced a significant gap down, opening at $23.55, down from a previous close of $24.79.
• The company reported $0.96 EPS for the last quarter, missing expectations of $1.00 by ($0.04), despite revenue exceeding forecasts at $13.98 billion.
• Nomura Securities has upgraded the stock to a "hold" rating, contributing to a current consensus rating of "Hold".

MS&AD Insurance Group Holdings Inc. (OTCMKTS:MSADY - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $24.79, but opened at $23.55. MS&AD Insurance Group shares last traded at $24.31, with a volume of 2,346 shares trading hands.

Analysts Set New Price Targets

Separately, Nomura Securities upgraded MS&AD Insurance Group to a "hold" rating in a research note on Tuesday, June 3rd. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, MS&AD Insurance Group has a consensus rating of "Hold".

MS&AD Insurance Group Trading Down 2.0%

The stock has a fifty day moving average of $22.15 and a 200 day moving average of $21.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.25 and a current ratio of 0.25. The company has a market capitalization of $39.07 billion, a PE ratio of 7.79 and a beta of 0.42.

MS&AD Insurance Group (OTCMKTS:MSADY - Get Free Report) last posted its quarterly earnings results on Friday, August 8th. The insurance provider reported $0.96 EPS for the quarter, missing analysts' consensus estimates of $1.00 by ($0.04). MS&AD Insurance Group had a return on equity of 16.63% and a net margin of 10.57%.The business had revenue of $13.98 billion during the quarter, compared to analysts' expectations of $12.90 billion. MS&AD Insurance Group has set its FY 2025 guidance at 2.670-2.670 EPS. As a group, sell-side analysts predict that MS&AD Insurance Group Holdings Inc. will post 2.95 earnings per share for the current fiscal year.

About MS&AD Insurance Group

MS&AD Insurance Group Holdings, Inc, an insurance holding company, provides insurance and financial services worldwide. The company offers domestic non-life insurance; life insurance; international business; financial services; and provides risk-related services. The company was formerly known as Mitsui Sumitomo Insurance Group Holdings, Inc and changed its name to MS&AD Insurance Group Holdings, Inc in April 2010.

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