Is Bowhead Specialty Holdings Inc (BOW) positioned for future growth?

With 76403.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.22 million shares. During the session, the Insurance – Property & Casualty company that operates in wider Financial sector, reached to the highest price of $32.21 whereas the lowest price it dropped to was $31.66. The 52-week range on BOW shows that it touched its highest point at $37.81 and its lowest point at $22.14 during that stretch. It currently has a 1-year price target of $34.40.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BOW was down-trending over the past week, with a drop of -10.39%, but this was down by -13.97% over a month. Three-month performance surged to 12.08% while six-month performance rose 24.09%.

Float and Shares Shorts:

At present, 32.66 million BOW shares are outstanding with a float of 21.31 million shares on hand for trading. On 2024-12-13, short shares totaled 0.33 million, which was 101.99999 higher than short shares on 1731628800. In addition to Mr. David Newman as the firm’s Chief Underwriting Officer, Mr. Stephen Jay Sills serves as its Founder, President, CEO & Director.

Institutional Ownership:

Through their ownership of 0.76992995 of BOW’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BOW since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BOW analysts setting a high price target of 40.0 and a low target of 30.0, the average target price over the next 12 months is 34.4. Based on these targets, BOW could surge 25.67% to reach the target high and fall by -5.75% to reach the target low. Reaching the average price target will result in a growth of 8.07% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.39 being high and $1.34 being low. For BOW, this leads to a yearly average estimate of $1.37.