At the time of writing, CNO Financial Group Inc [CNO] stock is trading at $35.92, up 4.42%. An important factor to consider is whether the stock is rising or falling in short-term value. The CNO shares have gain 4.81% over the last week, with a monthly amount glided 4.42%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
CNO Financial Group Inc [NYSE: CNO] stock has seen the most recent analyst activity on April 16, 2024, when Piper Sandler upgraded its rating to a Overweight but kept the price target unchanged to $29 for it. Previously, Evercore ISI downgraded its rating to Underperform on January 04, 2024, and elevated its price target to $26. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $25 on September 13, 2022. Jefferies initiated its recommendation with a Hold and recommended $25 as its price target on January 26, 2022. Piper Sandler downgraded its rating to Neutral for this stock on January 05, 2022, and downed its price target to $27. In a note dated September 10, 2021, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $25 to $27.
For the past year, the stock price of CNO Financial Group Inc fluctuated between $22.71 and $36.65. Currently, Wall Street analysts expect the stock to reach $31 within the next 12 months. CNO Financial Group Inc [NYSE: CNO] shares were valued at $35.92 at the most recent close of the market. An investor can expect a potential drop of -13.7% based on the average CNO price forecast.
Analyzing the CNO fundamentals
According to CNO Financial Group Inc [NYSE:CNO], the company’s sales were 4.52B for trailing twelve months, which represents an 15.11% jump. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.11 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.6.
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 34.75 points at the first support level, and at 33.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.02, and for the 2nd resistance point, it is at 38.12.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.88, the price to book ratio is 1.39 and price to earnings (TTM) ratio is 14.44.
Transactions by insiders
Recent insider trading involved Linnenbringer Jeanne L., Chief Operations Officer, that happened on Sep 03 ’24 when 5364.0 shares were sold. Chief Operations Officer, Linnenbringer Jeanne L. completed a deal on Sep 05 ’24 to sell 5435.0 shares. Meanwhile, Chief Operations Officer Linnenbringer Jeanne L. sold 1786.0 shares on Sep 04 ’24.
