- Porto Seguro reported October auto insurance written premiums amounting to R$1.34 billion.
- The auto insurance loss ratio for the month was 59.1%.
- For comparison, the loss ratio was slightly lower the previous year at 58.3%.
- In terms of analyst ratings: 8 recommend buying, 5 suggest holding, and there are no sell recommendations.
A look at Porto Seguro SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Porto Seguro SA, a company providing life and property/casualty insurance services in Brazil and Uruguay, is set for a promising long-term outlook based on the Smartkarma Smart Scores. With a strong score of 5 in Growth, Porto Seguro demonstrates potential for expansion and development in the insurance sector. This indicates a positive trajectory for the company in terms of increasing market share and profitability over the long term. Additionally, the scores of 4 in Dividend and 3 in Resilience suggest stability and the ability to provide attractive returns to investors while maintaining a resilient business model in the face of challenges.
While Porto Seguro’s Value score of 2 and Momentum score of 3 indicate areas for potential improvement, the overall outlook remains optimistic due to the company’s strong performance in growth and dividends. Investors seeking a long-term investment opportunity in the insurance industry may find Porto Seguro SA a compelling choice, given its solid foundation in providing various insurance products and its positive growth prospects in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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