Unum Group (UNM) stock hits $74.30: Is it a good time to buy or wait for a dip?

Unum Group [UNM] stock is trading at $74.30, up 1.32%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The UNM shares have gain 1.85% over the last week, with a monthly amount glided 0.64%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Unum Group [NYSE: UNM] stock has seen the most recent analyst activity on January 07, 2025, when JP Morgan downgraded its rating to a Neutral and also boosted its price target to $79 from $74. Previously, Evercore ISI upgraded its rating to Outperform on November 14, 2024, and elevated its price target to $84. On September 05, 2024, Barclays initiated with a Overweight rating and assigned a price target of $73 on the stock. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $57 on July 11, 2024. JP Morgan upgraded its rating to a Overweight but $55 remained the price target by the analyst firm on January 03, 2024. Wells Fargo started tracking with a Overweight rating for this stock on April 25, 2023, and assigned it a price target of $57. In a note dated March 20, 2023, Jefferies upgraded an Buy rating on this stock and boosted its target price from $44 to $50.

Unum Group [UNM] stock has fluctuated between $44.83 and $77.63 over the past year. Currently, Wall Street analysts expect the stock to reach $70.8 within the next 12 months. Unum Group [NYSE: UNM] shares were valued at $74.30 at the most recent close of the market. An investor can expect a potential drop of -4.71% based on the average UNM price forecast.

Analyzing the UNM fundamentals

Unum Group [NYSE:UNM] reported sales of 12.82B for the trailing twelve months, which represents a growth of 4.34%. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.17 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.32.

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 73.54 points at the first support level, and at 72.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.79, and for the 2nd resistance point, it is at 75.29.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.06, the price to book ratio is 1.25 and price to earnings (TTM) ratio is 8.04.

Transactions by insiders

Recent insider trading involved Arnold Timothy Gerald, EVP, VB & President, Colonial, that happened on Nov 27 ’24 when 10000.0 shares were sold. Officer, Arnold Timothy Gerald completed a deal on Nov 27 ’24 to buy 10000.0 shares. Meanwhile, President and CEO McKenney Richard P sold 58865.0 shares on Nov 21 ’24.

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