Over the past three months, MetLife Inc. [MET] ended the trading day at $44.69 and exhibited a change of -2.22% with a 24 hour trading and reached upto the volume of 5.68M compared to its recorded trading volume of 2.18 million. MET generated a 1 year amount change with -7.00%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 0.44% with an amount shift of 16.19% over the last month.

On 18, November 2020, MetLife Foundation Provides $4 Million in Grants to Support Ongoing COVID-19 Relief Efforts. According to news published on Yahoo Finance, MetLife Foundation today announced that it is providing $4 million in grants to support COVID-19 relief efforts for low-income people and small businesses across the United States. The grants complete MetLife Foundation’s $25 million commitment to the global response to COVID-19 and underscore its ongoing commitment to helping underserved communities.

Analyst Birdseye View:

The most recent analyst activity for MetLife Inc. [NYSE:MET] stock was on June 01, 2020, when it was Resumed with a Buy rating from BofA/Merrill. Before that, on November 17, 2020, Barclays Recapitulated an Overweight rating and elevated its amount target to $52. On March 16, 2020, Citigroup Upgrade a Neutral rating and plunged its price target on this stock from $46 to $32. On January 07, 2020, Morgan Stanley Upgrade an Overweight rating and increased its price target from $55 to $60. On July 16, 2019, Evercore ISI Downgrade an In-line rating. On March 19, 2019, Sandler O’Neill Downgrade a Hold rating. On January 16, 2019, BofA/Merrill Upgrade a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $22.85 and a peak of $53.28. Right now, the middling Wall Street analyst 12-month amount mark is $49.00. At the most recent market close, shares of MetLife Inc. [NYSE:MET] were valued at $44.69. According to the average price forecast, investors can expect a potential return of 2.65%.

FUNDAMENTAL ANALYSIS

MetLife Inc. [NYSE:MET] most recently reported quarterly sales of 16.02 billion, which represented growth of -14.30%. This publicly-traded organization’s revenue is $1,420,816 per employee, while its income is $120,388 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.83, 9.92, 1.27 and 7.79 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 20.30 and the whole liability to whole assets at 2.28. It shows enduring liability to the whole principal at 20.02 and enduring liability to assets at 0.02 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 45.22 points at 1st support level, the second support level is making up to 44.74. But as of 1st resistance point, this stock is sitting at 46.67 and at 47.64 for 2nd resistance point.

MetLife Inc. [MET] reported its earnings at $1.73 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.61/share signifying the difference of 0.12 and 7.50% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.83 calling estimates for $0.9/share with the difference of -0.07 depicting the surprise of -7.80%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.69, it’s amount to book ratio is 0.71 and showing 7.50 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Kinney Catherine R, Director, and it was the sale of 3657.0 shares on Aug 13. Goulart Steven J, the EVP & Chief Investment Officer, completed a sale of 14200.0 shares on Feb 10. On Dec 23, McCallion John D., EVP & Chief Financial Officer, completed a sale of 5378.0 shares.