Unum Group (UNM) Shares on the Rise: Short-term Analysis

Unum Group [UNM] stock is trading at $57.53, up 5.99%. 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 7.37% over the last week, with a monthly amount glided 12.36%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Unum Group [NYSE: UNM] stock has seen the most recent analyst activity on July 11, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $57. Previously, JP Morgan upgraded its rating to Overweight on January 03, 2024, and kept the price target unchanged to $55. On April 25, 2023, Wells Fargo initiated with a Overweight rating and assigned a price target of $57 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $50 on March 20, 2023. Citigroup upgraded its rating to a Buy and raised its price target to $53 on March 15, 2023. Keefe Bruyette upgraded its rating to Outperform for this stock on March 14, 2023, and upped its price target to $52. In a note dated January 09, 2023, Barclays upgraded an Equal Weight rating on this stock but restated the target price of $43.

Unum Group [UNM] stock has fluctuated between $41.75 and $54.66 over the past year. Currently, Wall Street analysts expect the stock to reach $58.8 within the next 12 months. Unum Group [NYSE: UNM] shares were valued at $57.53 at the most recent close of the market. An investor can expect a potential return of 2.21% based on the average UNM price forecast.

Analyzing the UNM fundamentals

Unum Group [NYSE:UNM] reported sales of 12.61B for the trailing twelve months, which represents a growth of 1.46%. Gross Profit Margin for this corporation currently stands at 0.96% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 48.43, Equity is 0.13 and Total Capital is -1.09. 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 55.71 points at the first support level, and at 53.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.76, and for the 2nd resistance point, it is at 59.99.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.86, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 8.45.

Transactions by insiders

Recent insider trading involved Keaney Timothy F, Director, that happened on May 07 ’24 when 8000.0 shares were sold. EVP, Group Benefits, Pyne Christopher W completed a deal on May 07 ’24 to sell 4500.0 shares. Meanwhile, EVP, Chief Financial Officer Zabel Steven Andrew sold 10000.0 shares on Mar 13 ’24.

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