Is it Right Time Pull the Trigger on Unum Group [UNM] Stock?

In a recent bid Unum Group [UNM] faced a contemporary bid of $22.64 yielding a 0.40% incline where 1.25 million shares have exchanged hands over the last week. UNM amount got a boost by 0.67% or $0.15 versus $22.49 at the end of the prior session. This change led market cap to move at 4.59B, putting the price 136.33% below the 52-week high and -27.70% above the 52-week low. The company’s stock has a normal trading capacity of 1.25 million shares while the relative volume is 0.92.

On 17, November 2020, 1 in 3 workers plan to boost benefits during open enrollment. According to news published on Yahoo Finance, Pandemic changes employees’ attitudes and behaviors toward insurance.

Analyst Birdseye View:

The most recent analyst activity for Unum Group [NYSE:UNM] stock was on June 01, 2020, when it was Resumed with an Underperform rating from BofA/Merrill. Before that, on November 17, 2020, Barclays Recapitulated an Underweight rating and elevated its amount target to $21. On March 11, 2020, Credit Suisse Upgrade a Neutral rating and plunged its price target on this stock from $19 to $18. On July 10, 2019, Credit Suisse Initiated an Underperform rating and increased its price target to $19. On March 26, 2018, BofA/Merrill Resumed an Underperform rating. On February 13, 2018, B. Riley FBR Inc. Upgrade a Buy rating and boosted its amount on this stock to $58. On January 02, 2018, Deutsche Bank Initiated a Hold rating and boosted its target amount on this stock to $58. On November 06, 2017 B. Riley FBR Inc. Upgrade a Neutral rating and elevated its amount target to $52.

In the past 52 weeks of trading, this stock has oscillated between a low of $9.58 and a peak of $31.32. Right now, the middling Wall Street analyst 12-month amount mark is $20.00. At the most recent market close, shares of Unum Group [NYSE:UNM] were valued at $22.64. According to the average price forecast, investors can expect a potential return of -3.2%.

FUNDAMENTAL ANALYSIS

Unum Group [NYSE:UNM] most recently reported quarterly sales of 3.0 billion, which represented growth of 0.50%. This publicly-traded organization’s revenue is $1,164,942 per employee, while its income is $106,825 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.81, 11.84, 12.69 and 8.96 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 25.67 and the whole liability to whole assets at 5.41. It shows enduring liability to the whole principal at 22.49 and enduring liability to assets at 0.05 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 22.28 points at 1st support level, the second support level is making up to 22.08. But as of 1st resistance point, this stock is sitting at 22.88 and at 23.28 for 2nd resistance point.

Unum Group [UNM] reported its earnings at $1.21 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.31/share signifying the difference of -0.1 and -7.60% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $1.23 calling estimates for $1.2/share with the difference of 0.03 depicting the surprise of 2.50%.

Important Ratio’s To Watch

Quick ratio, showing Cash ratio at 0.00. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.51, it’s amount to book ratio is 0.59 and showing 4.82 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Pyne Christopher W, EVP, Group Benefits, and it was the sale of 2550.0 shares on Sep 04.