A share price of Metlife Inc [MET] is currently trading at $82.60, up 0.71%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The MET shares have gain 1.95% over the last week, with a monthly amount drifted -3.03%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Metlife Inc [NYSE: MET] stock has seen the most recent analyst activity on October 09, 2024, when TD Cowen initiated its Buy rating and assigned the stock a price target of $97. Previously, Barclays started tracking the stock with Overweight rating on September 05, 2024, and set its price target to $91. On January 08, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $80 on the stock. Deutsche Bank initiated its recommendation with a Hold and recommended $71 as its price target on October 05, 2023. Jefferies upgraded its rating to Buy for this stock on September 14, 2023, and upped its price target to $72. In a note dated January 09, 2023, Goldman downgraded an Neutral rating on this stock and revised its target price from $80 to $78.
Metlife Inc experienced fluctuations in its stock price throughout the past year between $61.16 and $86.94. Currently, Wall Street analysts expect the stock to reach $87.46 within the next 12 months. Metlife Inc [NYSE: MET] shares were valued at $82.60 at the most recent close of the market. An investor can expect a potential return of 5.88% based on the average MET price forecast.
Analyzing the MET fundamentals
Trailing Twelve Months sales for Metlife Inc [NYSE:MET] were 71.35B which represents 16.22% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.26%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.13 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.61.
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 82.10 points at the first support level, and at 81.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.29, and for the 2nd resistance point, it is at 83.98.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Metlife Inc [NYSE:MET] is 4.17. Considering the valuation of this stock, the price to sales ratio is 0.80, the price to book ratio is 1.86 and price to earnings (TTM) ratio is 16.66.
Transactions by insiders
Recent insider trading involved MetLife 401k Plan Large Cap Eq, Affiliate discretionary manage, that happened on Nov 07 ’24 when 352.0 shares were purchased. Affiliate, Separate Account SPI completed a deal on Oct 28 ’24 to buy 474.0 shares. Meanwhile, Affiliate Separate Account 149 bought 29.0 shares on Oct 22 ’24.
