At the time of writing, Aflac Inc. [AFL] stock is trading at $84.34, down -0.18%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AFL shares have gain 1.69% over the last week, with a monthly amount glided 6.25%, and seem to be holding up well over a long-time horizon.
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On 19, March 2024, TOGETHXR and Aflac Unite to Champion Women’s Sports in 2024 Campaign, Kicking Off with Epic College Hoops Watch Parties. In a post published today on Yahoo Finance, TOGETHXR, the trailblazing media and commerce company co-founded by sports media veteran Jessica Robertson alongside world-renowned professional athletes Alex Morgan, Chloe Kim, Simone Manuel, and Sue Bird, is proud to announce a dynamic year-long partnership with Aflac, a leading provider of supplemental health insurance in the U.S. The partnership, created in collaboration with Aflac’s media agency, Spark Foundry, launches this month when the two present a series of star-studded college hoops watch parties across the vibrant Portland area.
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.
For the past year, the stock price of Aflac Inc. fluctuated between $61.17 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 $84.34 at the most recent close of the market. An investor can expect a potential drop of -17.3% based on the average AFL price forecast.
Analyzing the AFL fundamentals
According to Aflac Inc. [NYSE:AFL], the company’s sales were 18.70B for trailing twelve months, which represents an -5.79% plunge. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
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 83.85 points at the first support level, and at 83.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.93, and for the 2nd resistance point, it is at 85.53.
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
It is important to note that Aflac Inc. [NYSE:AFL] has a current ratio of 3.31. Considering the valuation of this stock, the price to sales ratio is 2.60, the price to book ratio is 2.22 and price to earnings (TTM) ratio is 10.89.
Transactions by insiders
Recent insider trading involved RIGGIERI ALBERT, SVP, Global CRO, that happened on Mar 14 ’24 when 8000.0 shares were sold. Director, Collins Arthur Reginald completed a deal on Feb 22 ’24 to sell 3000.0 shares. Meanwhile, Chairman & Rep. Director, ALIJ LAKE CHARLES D II sold 32259.0 shares on Feb 16 ’24.
