ProAssurance vs Assure Which Should You Buy?

ProAssurance Corporation and Assure Holdings are two prominent companies in the insurance and healthcare industries, respectively. ProAssurance is a leading provider of professional liability insurance, offering coverage to healthcare professionals and facilities. On the other hand, Assure Holdings specializes in providing intraoperative neuromonitoring services to hospitals and surgical centers. Both companies operate in highly regulated and competitive markets, each with its own unique strengths and potential for growth. Investors looking to diversify their portfolio may consider adding both ProAssurance and Assure stocks to their investment strategy.

ProAssurance or Assure?

When comparing ProAssurance and Assure, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ProAssurance and Assure.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. ProAssurance has a dividend yield of -%, while Assure has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ProAssurance reports a 5-year dividend growth of -50.83% year and a payout ratio of 0.06%. On the other hand, Assure reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ProAssurance P/E ratio at 20.13 and Assure's P/E ratio at -0.00. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ProAssurance P/B ratio is 0.70 while Assure's P/B ratio is -0.00.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ProAssurance has seen a 5-year revenue growth of 0.32%, while Assure's is -1.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ProAssurance's ROE at 3.74% and Assure's ROE at 139.91%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $16.71 for ProAssurance and $0.04 for Assure. Over the past year, ProAssurance's prices ranged from $10.76 to $17.79, with a yearly change of 65.33%. Assure's prices fluctuated between $0.01 and $17.64, with a yearly change of 135592.31%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.