At the time of writing, Humana Inc. [HUM] stock is trading at $363.53, up 2.56%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HUM shares have gain 2.98% over the last week, with a monthly amount drifted -0.02%, 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 June 26, 2024, when Piper Sandler initiated its Overweight rating and assigned the stock a price target of $392. Previously, Morgan Stanley started tracking the stock with Equal-Weight rating on June 24, 2024, and set its price target to $374. On April 02, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $342 on the stock. BofA Securities downgraded its rating to a Neutral. Raymond James initiated its recommendation with a Mkt Perform. Argus downgraded its rating to Hold for this stock on March 13, 2024. In a note dated March 06, 2024, Barclays initiated an Equal Weight rating and provided a target price of $356 on this stock.
For the past year, the stock price of Humana Inc. fluctuated between $298.61 and $530.54. Currently, Wall Street analysts expect the stock to reach $498.37 within the next 12 months. Humana Inc. [NYSE: HUM] shares were valued at $363.53 at the most recent close of the market. An investor can expect a potential return of 37.09% based on the average HUM price forecast.
Analyzing the HUM fundamentals
According to Humana Inc. [NYSE:HUM], the company’s sales were 112.04B for trailing twelve months, which represents an 10.44% jump. Gross Profit Margin for this corporation currently stands at 0.88% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.1 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.77.
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 356.97 points at the first support level, and at 350.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 367.30, and for the 2nd resistance point, it is at 371.07.
Ratios To Look Out For
It is important to note that Humana Inc. [NYSE:HUM] has a current ratio of 1.66. Considering the valuation of this stock, the price to sales ratio is 0.39, the price to book ratio is 2.63 and price to earnings (TTM) ratio is 25.91.
Transactions by insiders
Recent insider trading involved Mesquita Jorge S., Director, that happened on Feb 20 ’24 when 545.0 shares were purchased.
