What is the stock price trajectory of Humana Inc. (HUM)?

Humana Inc. [HUM] stock prices are up 0.83% to $319.62 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HUM shares have gain 5.02% over the last week, with a monthly amount drifted -5.81%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Humana Inc. [NYSE: HUM] stock has seen the most recent analyst activity on April 02, 2024, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $342 from $470. Previously, BofA Securities downgraded its rating to Neutral on April 02, 2024. On March 22, 2024, Raymond James initiated with a Mkt Perform rating. Argus downgraded its rating to a Hold. Barclays initiated its recommendation with a Equal Weight and recommended $356 as its price target on March 06, 2024. Cantor Fitzgerald downgraded its rating to Neutral for this stock on January 26, 2024, but kept the price target unchanged to $391. In a note dated January 25, 2024, Deutsche Bank downgraded an Hold rating on this stock but restated the target price of $360.

The stock price of Humana Inc. [HUM] has been fluctuating between $299.23 and $541.21 over the past year. Currently, Wall Street analysts expect the stock to reach $535.44 within the next 12 months. Humana Inc. [NYSE: HUM] shares were valued at $319.62 at the most recent close of the market. An investor can expect a potential return of 67.52% based on the average HUM price forecast.

Analyzing the HUM fundamentals

The Humana Inc. [NYSE:HUM] reported sales of 106.37B for trailing twelve months, representing a surge of 17.93%. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.15 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.73.

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 317.07 points at the first support level, and at 314.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 320.89, and for the 2nd resistance point, it is at 322.17.

Ratios To Look Out For

It’s worth pointing out that Humana Inc. [NYSE:HUM]’s Current Ratio is 1.59. Considering the valuation of this stock, the price to sales ratio is 0.36, the price to book ratio is 2.40 and price to earnings (TTM) ratio is 16.12.

Transactions by insiders

Recent insider trading involved Mesquita Jorge S., Director, that happened on Feb 20 ’24 when 545.0 shares were purchased. Chief Financial Officer, Diamond Susan M completed a deal on May 04 ’23 to sell 4156.0 shares.

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