Unum Group [UNM] stock prices are up 0.24% to $50.60 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The UNM shares have gain 2.51% over the last week, with a monthly amount glided 6.53%, and seem to be holding up well over a long-time horizon.
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On 21, February 2024, Unum Group to present at the 2024 UBS Financial Services Conference. In a post published today on Yahoo Finance, Unum Group’s (NYSE: UNM) President & CEO, Rick McKenney along with EVP and CFO, Steve Zabel, will represent the company at the 2024 UBS Financial Services Conference.
From an analyst’s perspective:
Unum Group [NYSE: UNM] stock has seen the most recent analyst activity on January 03, 2024, when JP Morgan upgraded its rating to a Overweight but kept the price target unchanged to $55 for it. Previously, Wells Fargo started tracking the stock with Overweight rating on April 25, 2023, and set its price target to $57. On March 20, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $50 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $53 on March 15, 2023. Keefe Bruyette upgraded its rating to a Outperform and raised its price target to $52 on March 14, 2023. Barclays upgraded its rating to Equal Weight for this stock on January 09, 2023, but kept the price target unchanged to $43. In a note dated November 16, 2022, Goldman downgraded an Neutral rating on this stock but restated the target price of $50.
The stock price of Unum Group [UNM] has been fluctuating between $36.27 and $52.15 over the past year. Currently, Wall Street analysts expect the stock to reach $47 within the next 12 months. Unum Group [NYSE: UNM] shares were valued at $50.60 at the most recent close of the market. An investor can expect a potential drop of -7.11% based on the average UNM price forecast.
Analyzing the UNM fundamentals
The Unum Group [NYSE:UNM] reported sales of 12.40B for trailing twelve months, representing a surge of 4.79%. Gross Profit Margin for this corporation currently stands at 0.96%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.36.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 50.03 points at the first support level, and at 49.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.94, and for the 2nd resistance point, it is at 51.28.
Unum Group [UNM] reported earnings per share of $1.79 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.87/share, meaning a difference of -$0.08 and a surprise factor of -4.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.94 per share as compared to estimates of $1.92 per share, a difference of $0.02 representing a surprise of 1.00%.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.78, the price to book ratio is 1.01 and price to earnings (TTM) ratio is 7.79.
Transactions by insiders
Recent insider trading involved IGLESIAS LISA G, EVP, General Counsel, that happened on Mar 05 ’24 when 16000.0 shares were sold. President and CEO, McKenney Richard P completed a deal on Mar 01 ’24 to sell 50000.0 shares. Meanwhile, EVP, People & Communications Ahmed Elizabeth Claire sold 5000.0 shares on Feb 23 ’24.
