Across the recent three months, 5 analysts have shared their insights on Palomar Hldgs (NASDAQ:PLMR), expressing a variety of opinions spanning from bullish to bearish.

The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.

Analysts have set 12-month price targets for Palomar Hldgs, revealing an average target of $115.8, a high estimate of $136.00, and a low estimate of $100.00. This upward trend is apparent, with the current average reflecting a 6.24% increase from the previous average price target of $109.00.

Decoding Analyst Ratings: A Detailed Look

A comprehensive examination of how financial experts perceive Palomar Hldgs is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

To gain a panoramic view of Palomar Hldgs's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Palomar Hldgs analyst ratings.

About Palomar Hldgs

Financial Milestones: Palomar Hldgs's Journey

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: Palomar Hldgs displayed positive results in 3 months. As of 30 September, 2024, the company achieved a solid revenue growth rate of approximately 63.01%. This indicates a notable increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.

Net Margin: Palomar Hldgs's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 20.56% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of 4.94%, the company showcases effective utilization of equity capital.

Return on Assets (ROA): Palomar Hldgs's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.42% ROA, the company effectively utilizes its assets for optimal returns.

Debt Management: Palomar Hldgs's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.0.

How Are Analyst Ratings Determined?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.