A share price of Aflac Inc. [AFL] is currently trading at $83.17, up 1.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The AFL shares have gain 4.30% over the last week, with a monthly amount glided 6.48%, and seem to be holding up well over a long-time horizon.
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On 8, March 2024, Aflac a World’s Most Ethical Company for 18th Consecutive Year. In a post published today on Yahoo Finance, Remains the only insurance company in the world to be on list since its inception in 2007.
From an analyst’s perspective:
Aflac Inc. [NYSE: AFL] stock has seen the most recent analyst activity on January 04, 2024, when Evercore ISI downgraded its rating to a Underperform and also boosted its price target to $78 from $76. Previously, Morgan Stanley downgraded its rating to Equal-Weight on August 18, 2023, and elevated its price target to $75. Wells Fargo started tracking the stock assigning a Equal Weight rating and suggested a price target of $73 on April 25, 2023. Citigroup initiated its recommendation with a Neutral and recommended $60 as its price target on May 24, 2022. Jefferies started tracking with a Hold rating for this stock on January 26, 2022, and assigned it a price target of $60. In a note dated January 21, 2022, Wolfe Research initiated an Peer Perform rating and provided a target price of $63 on this stock.
Aflac Inc. experienced fluctuations in its stock price throughout the past year between $60.20 and $86.20. Currently, Wall Street analysts expect the stock to reach $69.75 within the next 12 months. Aflac Inc. [NYSE: AFL] shares were valued at $83.17 at the most recent close of the market. An investor can expect a potential drop of -16.14% based on the average AFL price forecast.
Analyzing the AFL fundamentals
Trailing Twelve Months sales for Aflac Inc. [NYSE:AFL] were 18.70B which represents -5.79% decline. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.4%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.25%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.22 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.33.
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 82.32 points at the first support level, and at 81.48 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.60, and for the 2nd resistance point, it is at 84.04.
Aflac Inc. [AFL] reported earnings per share of $1.25 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 $1.45/share, meaning a difference of -$0.2 and a surprise factor of -13.80%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.84 per share as compared to estimates of $1.49 per share, a difference of $0.35 representing a surprise of 23.50%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Aflac Inc. [NYSE:AFL] is 3.31. Considering the valuation of this stock, the price to sales ratio is 2.57, the price to book ratio is 2.19 and price to earnings (TTM) ratio is 10.74.
Transactions by insiders
Recent insider trading involved Collins Arthur Reginald, Director, that happened on Feb 22 ’24 when 3000.0 shares were sold. Chairman & Rep. Director, ALIJ, LAKE CHARLES D II completed a deal on Feb 16 ’24 to sell 32259.0 shares. Meanwhile, Pres. and Rep. Director, ALIJ Koide Masatoshi sold 30493.0 shares on Feb 16 ’24.
