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Axa insurance stock prices forecast 2013

Axa insurance stock prices forecast 2013 : AXA Group (CS.PA) Year over year, AXA Group has seen revenues remain relatively flat (€98.9B to €99.0B), though the company was able to grow net income from €2.7B to €4.3B. A reduction in the percentage of sales devoted to cost of goods sold from 105.29% to 86.06% was a key component in the bottom line growth in the face of flat revenues.

On Dec. 18, 2012, Standard & Poor's Ratings Services lowered its counterparty  credit and insurer financial strength ratings on the core operating entities  of France-based composite insurer AXA group to 'A+' from 'AA-'. The outlook is  stable.

In our base-case assumptions, we expect the group's underlying earnings to  grow in the mid-single digits over 2013 and 2014, on the back of stable  contributions from its major business segments, continued improvement in the  P/C combined ratio (a measure of underwriting profitability), and steady life
and savings margins.

On August 21st, 2012 AXA announced the launch of its 2012 employee share offering ("SharePlan 2012"), a capital increase reserved to its employees worldwide. Over 21,000 employees in 40 countries, representing over 18% of the eligible employees, subscribed to SharePlan 2012.

AXA Group announced the appointment of Véronique Weill, Chief Operating Officer and member of the Executive Committee, to the Group's Management Committee as of January 1. Véronique Weill joined the company in June 2006 after having spent more than 20 years at JP Morgan, notably as Group head of Operations for Investment Banking and global head of IT & Operations for Asset Management and Private Clients. She was appointed Group Chief Operating Officer of AXA in December 2009, and is now in charge of Group Marketing, Distribution, IT, Operational Excellence, Procurement and GIE AXA.

AXA Market share in Asian
French insurer AXA is keen to expand its business in Singapore and Asia. As part of its growth plans, AXA unveiled its new offices that will house more than 600 of its staff in general and life insurance. Located at 8 Shenton Way, the AXA Tower stands 235 metres with 52 storeys. AXA is also focused on building its presence in Asia, where insurance premiums are expected to grow 17 per cent to US$957 billion in 2015. AXA commands a 9.5 per cent market share in general insurance with health, cargo and motor as its main products. So far, Indonesia and Thailand are AXA's key Asian markets for life insurance where it enjoys market share of 16 and 6 to 7 per cent, respectively. 

 AXA Group's Annual Earnings & Annual Revenues
AXA Group reported annual 2011 earnings of €1.57 per share on 02/18/2012. AXA Group had revenues for the full year 2011 of €86.1B. This was -5.3% below the prior year's results.


AXA Fundamentals
ear Ending Revenue (€ m) Pre-tax (€ m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-07 86,116.00 7,695.00 213.61¢ 12.5 n/a -11% 111.94¢ 4.2%
31-Dec-08 84,662.00 406.00 159.43¢ 9.7 n/a -25% 38.18¢ 2.5%
31-Dec-09 84,646.00 5,564.00 149.00¢ 11.1 n/a -6% 55.00¢ 3.3%
31-Dec-10 83,390.00 3,826.00 177.00¢ 7.0 0.4 +19% 69.00¢ 5.5%
31-Dec-11 80,570.00 4,589.00 143.00¢ 7.0 n/a -19% 69.00¢ 6.9%

AXA Group (CS.PA) Forecasts Revenue

Revenue (€ m) Pre-tax (€ m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-12 85,414.50 6,290.86 183.74¢ 7.5 0.3 +28% 73.00¢ 5.5%
31-Dec-13 87,774.74 6,695.38 198.28¢ 7.0 0.9 +8% 78.40¢ 5.9%

AXA Group (CS.PA) Forecast Ratios
Year Ending Revenue/Share Price/Revenue per Share
31-Dec-12 € 35.76 0.39
31-Dec-13 € 36.75 0.38

 Data source FactSet Research Systems

 AXA Group (CS.PA) stock chart 1 year
Axa insurance stock prices forecast 2013



AXA Shares Trends & Recommendations



Key Statistics for AXA Shares

About AXA Insurance Group
AXA Group, through its subsidiaries, provides insurance and asset management services. Its Life & Savings segment offers term life, whole life, universal life, endowment, disability, deferred and immediate annuities, and other investment-based products; and critical illness and permanent health insurance products for individual and commercial clients. The company’s Property & Casualty segment provides motor, household, property, and general liability insurance; health products; and engineering services to support prevention policies in companies.

AXA Group’s International Insurance segment offers coverage to large national and international corporations primarily relating to property damage, third party liability, marine, aviation and transport, construction and financial risk, and directors and officers liability, as well as provides loss-prevention and risk management services. It also offers assistance services, including medical aid for travelers, automobile-related road assistance, home assistance, and health-related services primarily to banking and insurance companies, tour operators, telecommunication operators, and automobile manufacturers, as well as to gas, water, and electricity utilities. In addition, this segment manages a book of reinsurance contracts of variable annuities with guaranteed minimum death and income benefits.

The company’s Asset Management segment provides investment management and related services to individual investors, and private and institutional clients; research portfolio analysis and brokerage-related services for institutional investors; and equity capital markets services for issuers of publicly traded securities. AXA Group’s Banking segment offers a range of retail banking products, such as current and savings accounts, mortgage loans, and mutual funds. The company operates primarily in Europe, North America, and the Asia-Pacific region. AXA Group was founded in 1852 and is headquartered in Paris, France.

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