Market Update (NYSE:CB): Chubb Limited to Hold its First Quarter Earnings Conference Call on Thursday, May 5, 2016

[PR Newswire] – ZURICH, March 21, 2016 /PRNewswire/ — Chubb Limited (NYSE: CB) will hold its first quarter earnings conference call on Thursday, May 5, 2016, beginning at 8:30 a.m. Eastern. The company expects to issue … Read more on this. Chubb Limited (CB) , with a current market cap of $55.97B, opened at $121.96. A quick look at the market, the company’s stock traded between $120.84 and $122.26 with a one year range of $96.00 to $122.54. CB shares are currently priced at 12.22x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 14.80x earnings multiple for the same period. According to a consensus of 21 analysts, the earnings estimate of $2.29 per share would be $0.04 better than the year-ago quarter and a $0.06 sequential increase. Investors should also note that the full-year EPS estimate of $9.90 is a $0.14 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $6.73 Billion. If reported, that would be a 87.99% increase over the year-ago quarter. Recently, Sandler O’Neill upgraded CB from Hold to Buy (Jan 27, 2016). Previously, Bernstein upgraded CB from Mkt Perform to Outperform. When considering if the stock is under or overvalued, the average price target is $126.76, which is 3.94% above where the stock opened this morning. See more in (NYSE:CB) Similar Articles: Stock Update (NYSE:CB): Chubb Limited Board Will Recommend 23rd Consecutive Annual Dividend Increase To Shareholders at 2016 Annual General Meeting; Declares First Quarter Dividend Market Update: ACE Limited (NYSE:ACE) – ACE to Hold its Fourth Quarter Earnings Conference Call on Wednesday, January 27, 2016 Market Update: ACE Limited (NYSE:ACE) – ACE Shareholders Approve Acquisition of Chubb