Price Target Changed • Nov 16
Price target increased to €9.88 Up from €8.76, the current price target is an average from 2 analysts. New target price is 5.6% above last closing price of €9.36. Stock is up 35% over the past year. The company is forecast to post earnings per share of €0.83 for next year compared to €0.68 last year. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Pierpaolo Guzzo was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment improved over the past week After last week's 26% share price gain to €9.42, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Insurance industry in Italy. Total returns to shareholders of 108% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €15.48 per share. Reported Earnings • Sep 12
First half 2022 earnings released First half 2022 results: Revenue: €35.3m (up 8.4% from 1H 2021). Net income: €5.89m (down 19% from 1H 2021). Profit margin: 17% (down from 22% in 1H 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Insurance industry in Italy. Price Target Changed • Aug 18
Price target increased to €9.81 Up from €8.76, the current price target is an average from 2 analysts. New target price is 30% above last closing price of €7.52. Stock is up 5.9% over the past year. The company is forecast to post earnings per share of €0.98 for next year compared to €0.68 last year. Board Change • Aug 17
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Pierpaolo Guzzo was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Jul 22
Price target increased to €9.81 Up from €8.95, the current price target is an average from 2 analysts. New target price is 35% above last closing price of €7.28. Stock is up 16% over the past year. The company is forecast to post earnings per share of €0.98 for next year compared to €0.68 last year. Major Estimate Revision • May 18
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.20 to €0.98. Revenue forecast unchanged from €172.4m at last update. Net income forecast to grow 91% next year vs 1.5% decline forecast for Insurance industry in Italy. Consensus price target of €8.76 unchanged from last update. Share price fell 2.3% to €6.78 over the past week. Upcoming Dividend • May 09
Upcoming dividend of €0.17 per share Eligible shareholders must have bought the stock before 16 May 2022. Payment date: 18 May 2022. Trailing yield: 2.5%. Lower than top quartile of Italian dividend payers (4.8%). Lower than average of industry peers (6.1%). Major Estimate Revision • Apr 27
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from €0.76 to €1.20. Revenue forecast unchanged at €172.4m. Net income forecast to grow 91% next year vs 4.9% decline forecast for Insurance industry in Italy. Consensus price target down from €8.95 to €8.76. Share price was steady at €7.00 over the past week. Major Estimate Revision • Mar 30
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate fell from €1.03 to €0.76. Revenue forecast unchanged from €172.4m at last update. Net income forecast to grow 106% next year vs 0.06% decline forecast for Insurance industry in Italy. Consensus price target of €8.95 unchanged from last update. Share price was steady at €6.95 over the past week. Reported Earnings • Mar 28
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: €73.5m (up 73% from FY 2020). Net income: €11.3m (up 74% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 134% compared to a 24% decline forecast for the insurance industry in Italy. 공시 • Jun 15
An unknown buyer acquired unknown minority stake in Net Insurance S.p.A. (BIT:NET) from UniCredit S.p.A. (BIT:UCG). An unknown buyer acquired unknown minority stake in Net Insurance S.p.A. (BIT:NET) from UniCredit S.p.A. (BIT:UCG) on June 14, 2021. Post completion, UniCredit S.p.A. hold 2.58% stake in Net Insurance S.p.A.
An unknown buyer completed the acquisition of unknown minority stake in Net Insurance S.p.A. (BIT:NET) from UniCredit S.p.A. (BIT:UCG) on June 14, 2021. Price Target Changed • Apr 09
Price target increased to €7.46 Up from €6.41, the current price target is provided by 1 analyst. New target price is 24% above last closing price of €6.00. Stock is up 27% over the past year. Is New 90 Day High Low • Feb 08
New 90-day high: €5.42 The company is up 2.0% from its price of €5.30 on 10 November 2020. The Italian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.76 per share. Is New 90 Day High Low • Jan 21
New 90-day high: €5.40 The company is up 6.0% from its price of €5.08 on 23 October 2020. The Italian market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.76 per share. Is New 90 Day High Low • Nov 20
New 90-day high: €5.36 The company is up 14% from its price of €4.69 on 21 August 2020. The Italian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.03 per share. Is New 90 Day High Low • Sep 19
New 90-day high: €5.30 The company is up 16% from its price of €4.58 on 19 June 2020. The Italian market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.25 per share.