Hagerty's Mixed Performance and Slim Profit Margins: A Valuation Check

Hagerty's stock has been trading in a mixed pattern, with a 3.5% decline over the past month and a 12.9% gain over the past 3 months. The company reports revenue of $1.36b and net income of $33.321m, implying slim profit margins. The stock has a 1 year total return of 31.2% and a 3 year total return of 33.1%. With a value score of 1, Hagerty's fair value is estimated to be around $13.86 per share, slightly above the recent close of $12.67.