Is Voya Financial Inc. [VOYA] Stock Is Still Just for Futuristic Bulls at this Point?

Voya Financial Inc. [VOYA] stock is down -2.84 while the S&P 500 has fallen -0.17% on Friday, 12/04/20. While at the time of this article, VOYA ATR is sitting at 1.62, with the beta value at 1.46. This stock’s volatility for the past week remained at 2.38%, while it was 2.67% for the past 30-day period. VOYA has fallen -$1.69 from the previous closing price of $59.41 on volume of 0.76 million shares.

On 3, December 2020, Voya Prime Rate Trust Announces Commencement of Tender Offer for its Common Shares. According to news published on Yahoo Finance, Voya Prime Rate Trust (NYSE: PPR) (the “Fund”), today announced the commencement of a tender offer for its outstanding common shares.

Analyst Birdseye View:

The most recent analyst activity for Voya Financial Inc. [NYSE:VOYA] stock was on August 18, 2020, when it was Initiated with an Overweight rating from Wells Fargo, which also raised its 12-month price target on the stock to $62. Before that, on October 01, 2020, BofA Securities Recapitulated a Buy rating and elevated its amount target to $74. On August 13, 2020, Barclays Initiated an Overweight rating and boosted its price target on this stock to $60. On April 07, 2020, JP Morgan Upgrade a Neutral rating and increased its price target to $58. On January 08, 2019, Goldman Upgrade a Buy rating. On June 20, 2018, Goldman Resumed a Neutral rating and boosted its amount on this stock to $60. On June 08, 2018, Barclays Resumed an Equal weight rating and boosted its target amount on this stock to $55. On April 25, 2018, Credit Suisse Initiated an Outperform rating and improved its amount target to $60.

In the past 52 weeks of trading, this stock has oscillated between a low of $29.75 and a peak of $63.81. Right now, the middling Wall Street analyst 12-month amount mark is $62.00. At the most recent market close, shares of Voya Financial Inc. [NYSE:VOYA] were valued at $57.72. According to the average price forecast, investors can expect a potential return of -2.98%.

FUNDAMENTAL ANALYSIS

Voya Financial Inc. [NYSE:VOYA] most recently reported quarterly sales of 2.07 billion, which represented growth of 10.80%. This publicly-traded organization’s revenue is $1,246,000 per employee, while its income is $119,167 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 0.45, 8.12, 7.14 and 5.50 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 30.45 and the whole liability to whole assets at 2.48. It shows enduring liability to the whole principal at 30.44 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 58.89 points at 1st support level, the second support level is making up to 58.38. But as of 1st resistance point, this stock is sitting at 60.38 and at 61.36 for 2nd resistance point.

Voya Financial Inc. [VOYA] reported its earnings at $0.3 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $1.38/share signifying the difference of -1.08 and -78.30% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.15 calling estimates for $0.79/share with the difference of -0.64 depicting the surprise of -81.00%.

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 1.15, it’s amount to book ratio is 0.86 and showing 142.81 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Hurtsellers Christine, See Remarks, and it was the sale of 27000.0 shares on Dec 03. MARTIN RODNEY O JR, the Chairman and CEO, completed a sale of 84180.0 shares on Nov 13. On Feb 24, SILVA KEVIN D, See Remarks, completed a sale of 8454.0 shares.