Unum Group [UNM] stock is trading at $54.28, up 0.33%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The UNM shares have gain 2.13% over the last week, with a monthly amount glided 9.37%, and seem to be holding up well over a long-time horizon.
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On 2, April 2024, Unum Group to Release First Quarter 2024 Results and Host Conference Call. In a post published today on Yahoo Finance, Unum Group (NYSE: UNM) will release its first quarter 2024 results on April 30, 2024, at approximately 4:15 p.m. Eastern Time (ET). The earnings release and financial supplement will be available in the Investors section of the company’s website, which also can be directly accessed at investors.unum.com.
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.
Unum Group [UNM] stock has fluctuated between $38.34 and $54.56 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 $54.28 at the most recent close of the market. An investor can expect a potential drop of -13.41% based on the average UNM price forecast.
Analyzing the UNM fundamentals
Unum Group [NYSE:UNM] reported sales of 12.40B for the trailing twelve months, which represents a growth 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%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.36.
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 53.99 points at the first support level, and at 53.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 54.56, and for the 2nd resistance point, it is at 54.85.
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 0.84, the price to book ratio is 1.09 and price to earnings (TTM) ratio is 8.36.
Transactions by insiders
Recent insider trading involved Zabel Steven Andrew, EVP, Chief Financial Officer, that happened on Mar 13 ’24 when 10000.0 shares were sold. EVP, General Counsel, IGLESIAS LISA G completed a deal on Mar 05 ’24 to sell 16000.0 shares. Meanwhile, President and CEO McKenney Richard P sold 50000.0 shares on Mar 01 ’24.
