StockStory analysts recommend avoiding Selective Insurance Group following its first-quarter earnings, citing three concerns. Revenue is projected to grow only 1.7% over the next twelve months, a sharp slowdown from 10.9% annualized growth over the past two years. Earnings per share grew at a compounded annual rate of just 7.9% over five years, lagging revenue growth and indicating declining per-share profitability. The stock trades at 1.5 times forward price-to-book, or $96.40 per share, and the firm sees better opportunities elsewhere.
Selective Insurance Group, Inc.Q1 earnings show slowing revenue growth and declining per-share profitability, leading to an avoid rating.