A share price of Aflac Inc. [AFL] is currently trading at $83.23, up 2.78%. 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 3.67% over the last week, with a monthly amount drifted -2.06%, and not seem to be holding up well over a long-time horizon.
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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 $64.10 and $86.26. Currently, Wall Street analysts expect the stock to reach $76.83 within the next 12 months. Aflac Inc. [NYSE: AFL] shares were valued at $83.23 at the most recent close of the market. An investor can expect a potential drop of -7.69% 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 81.63 points at the first support level, and at 80.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 84.19, and for the 2nd resistance point, it is at 85.14.
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 2.56, the price to book ratio is 2.19 and price to earnings (TTM) ratio is 10.74.
Transactions by insiders
Recent insider trading involved KENNY THOMAS J, Director, that happened on Mar 20 ’24 when 5000.0 shares were sold. SVP, Global CRO, RIGGIERI ALBERT completed a deal on Mar 14 ’24 to sell 8000.0 shares. Meanwhile, Director Collins Arthur Reginald sold 3000.0 shares on Feb 22 ’24.
