A share price of Globe Life Inc [GL] is currently trading at $114.12, up 2.36%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GL shares have gain 2.33% over the last week, with a monthly amount glided 8.93%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Globe Life Inc [NYSE: GL] stock has seen the most recent analyst activity on January 08, 2025, when Evercore ISI upgraded its rating to a Outperform and also boosted its price target to $143 from $132. Previously, TD Cowen started tracking the stock with Buy rating on October 09, 2024, and set its price target to $150. On April 24, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $110 on the stock. Wells Fargo upgraded its rating to a Overweight and increased its price target to $137 on October 31, 2023. Morgan Stanley upgraded its rating to a Equal-Weight but $131 remained the price target by the analyst firm on August 18, 2023. Wells Fargo started tracking with a Equal Weight rating for this stock on April 25, 2023, and assigned it a price target of $120. In a note dated October 28, 2022, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $115 to $114.
Globe Life Inc experienced fluctuations in its stock price throughout the past year between $38.95 and $132.00. Currently, Wall Street analysts expect the stock to reach $103.71 within the next 12 months. Globe Life Inc [NYSE: GL] shares were valued at $114.12 at the most recent close of the market. An investor can expect a potential drop of -9.12% based on the average GL price forecast.
Analyzing the GL fundamentals
Trailing Twelve Months sales for Globe Life Inc [NYSE:GL] were 5.73B which represents 5.15% growth. Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at 0.56%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.22 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
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 111.91 points at the first support level, and at 109.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 115.41, and for the 2nd resistance point, it is at 116.70.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Globe Life Inc [NYSE:GL] is 0.81. Considering the valuation of this stock, the price to sales ratio is 1.67, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 9.66.
Transactions by insiders
Recent insider trading involved SVOBODA FRANK M, Co-Chairman & CEO, that happened on Jan 06 ’25 when 13448.0 shares were sold. SVP & Chief Accounting Officer, HENRIE MICHAEL SHANE completed a deal on Jan 06 ’25 to sell 1500.0 shares. Meanwhile, EVP & Chief Marketing Officer Haworth Jennifer Allison sold 9000.0 shares on Jan 06 ’25.
