Enact Inc. (ACT)
Enact Statistics
Share Statistics
Enact has 151.39M shares outstanding. The number of shares has increased by -3.44% in one year.
| Shares Outstanding | 151.39M |
| Shares Change (YoY) | -3.44% |
| Shares Change (QoQ) | -1.11% |
| Owned by Institutions (%) | 18.13% |
| Shares Floating | 30.3M |
| Failed to Deliver (FTD) Shares | 2 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 1.68M, so 1.11% of the outstanding shares have been sold short.
| Short Interest | 1.68M |
| Short % of Shares Out | 1.11% |
| Short % of Float | 6.02% |
| Short Ratio (days to cover) | 8.51 |
Valuation Ratios
The PE ratio is 7.35 and the forward PE ratio is 7.77. Enact's PEG ratio is 1.17.
| PE Ratio | 7.35 |
| Forward PE | 7.77 |
| PS Ratio | 4.21 |
| Forward PS | 4 |
| PB Ratio | 1.01 |
| P/FCF Ratio | 7.37 |
| PEG Ratio | 1.17 |
Enterprise Valuation
Enact has an Enterprise Value (EV) of 5.2B.
| EV / Sales | 4.33 |
| EV / EBITDA | 0 |
| EV / EBIT | 7.58 |
| EV / FCF | 7.58 |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 0.15.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 0.15 |
| Debt / EBITDA | - |
| Debt / FCF | 1.08 |
| Interest Coverage | 19.32 |
Financial Efficiency
Return on Equity is 13.77% and Return on Invested Capital is 12.32%.
| Return on Equity | 13.77% |
| Return on Assets | 10.55% |
| Return on Invested Capital | 12.32% |
| Revenue Per Employee | $2.85M |
| Profits Per Employee | $1.63M |
| Employee Count | 421 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 189.99M |
| Effective Tax Rate | 21.64% |
Stock Price Statistics
The stock price has increased by 18% in the last 52 weeks. The beta is 0.57, so Enact's price volatility has been higher than the market average.
| Beta | 0.57 |
| 52-Week Price Change | 18% |
| 50-Day Moving Average | 33.99 |
| 200-Day Moving Average | 34.14 |
| Relative Strength Index (RSI) | 56.38 |
| Average Volume (20 Days) | 409.19K |
Income Statement
In the last 12 months, Enact had revenue of 1.2B and earned 688.07M in profits. Earnings per share was 4.4.
| Revenue | 1.2B |
| Gross Profit | 1.2B |
| Operating Income | 988.46M |
| Net Income | 688.07M |
| EBITDA | 0 |
| EBIT | 929.22M |
| Earnings Per Share (EPS) | 4.4 |
Balance Sheet
The company has 599.43M in cash and 743.05M in debt, giving a net cash position of -143.62M.
| Cash & Cash Equivalents | 599.43M |
| Total Debt | 743.05M |
| Net Cash | -143.62M |
| Retained Earnings | 3.13B |
| Total Assets | 6.52B |
| Working Capital | 0 |
Cash Flow
In the last 12 months, operating cash flow was 686.26M and capital expenditures 0, giving a free cash flow of 686.26M.
| Operating Cash Flow | 686.26M |
| Capital Expenditures | 0 |
| Free Cash Flow | 686.26M |
| FCF Per Share | 4.39 |
Margins
Gross margin is 100%, with operating and profit margins of 82.25% and 57.25%.
| Gross Margin | 100% |
| Operating Margin | 82.25% |
| Pretax Margin | 73.06% |
| Profit Margin | 57.25% |
| EBITDA Margin | n/a |
| EBIT Margin | 82.25% |
| FCF Margin | 57.1% |
Dividends & Yields
ACT pays an annual dividend of $0.9, which amounts to a dividend yield of 2.25%.
| Dividend Per Share | $0.90 |
| Dividend Yield | 2.25% |
| Dividend Growth (YoY) | 15.62% |
| Payout Ratio | 20.59% |
| Earnings Yield | 13.6% |
| FCF Yield | 13.56% |
Analyst Forecast
The average price target for ACT is $36, which is 1.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $36 |
| Price Target Difference | 1.7% |
| Analyst Consensus | Hold |
| Analyst Count | 4 |
Scores
| Altman Z-Score | 3.05 |
| Piotroski F-Score | 5 |