Assurant, Inc. ($AIZ) Cautious Buy or Hold to $69 Confident Investor Rating: Fair

Company name Assurant, Inc.
Stock ticker AIZ
Live stock price [stckqut]AIZ[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Fair
Sales growth Poor
EPS growth Good
P/E growth Good
EBIT growth Poor

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $75.12
Target stock price (averages with growth) $83.98
Target stock price (averages with no growth) $69.39
Target stock price (manual assumptions) $67

The following company description is from Google Finance: http://www.google.com/finance?q=aiz

Assurant, Inc. (Assurant) is a provider of specialized insurance products and related services in North America and select worldwide markets. The Company operates in four segments: Assurant Solutions, Assurant Specialty Property, Assurant Health, and Assurant Employee Benefits. The products offered by the segments include warranties and service contracts, pre-funded funeral insurance, lender-placed homeowners insurance, manufactured housing homeowners insurance, individual health and small employer group health insurance, group dental, disability, and life insurance and employee-funded voluntary benefits. In October 2013, FirstService Corporation completed the sale of its Field Asset Services business to Assurant, Inc. In October 2013, Assurant Inc acquired Lifestyle Services Group Ltd. In April 2014, Assurant Inc acquired StreetLinks LLC.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in Assurant, Inc. as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Assurant, Inc. calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $68.27
  • Growth: 0.1
  • Current EPS (TTM): $6.7
  • P/E: 10
  • Future EPS Calc: $10.79
  • Future Stock Price Calc: $107.9
  • Target stock price: $67

I hope that this makes you a better investor. [/s2If]

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