Voya Financial Inc. (NYSE:VOYA) went down by -0.02% from its latest closing price compared to the recent 1-year high of $63.81. The company’s stock price has collected 4.29% of gains in the last five trading sessions. Press Release reported on 09/30/20 that Voya Financial’s Brannigan Thompson Joins Ethisphere’s Equity and Social Justice Initiative to Provide Companies With a Framework to Drive Change
Is It Worth Investing in Voya Financial Inc. (NYSE :VOYA) Right Now?
Voya Financial Inc. (NYSE:VOYA) scored a price-to-earnings ratio above its average ratio, recording 17.89 x from its present earnings ratio. Plus, the 36-month beta value for VOYA is at 1.40. Opinions of the stock are interesting as 12 analysts out of 14 who provided ratings for Voya Financial Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $60.46, which is $8.81 above the current price. VOYA currently public float of 125.30M and currently shorts hold a 11.15% ratio of that float. Today, the average trading volume of VOYA was 1.13M shares.
VOYA’s Market Performance
VOYA stocks went up by 4.29% for the week, with a monthly drop of -6.15% and a quarterly performance of 4.72%, while its annual performance rate touched -6.99%. The volatility ratio for the week stands at 2.80% while the volatility levels for the past 30 days are set at 2.82% for Voya Financial Inc.. The simple moving average for the period of the last 20 days is -0.70% for VOYA stocks with a simple moving average of -4.10% for the last 200 days.
Analysts’ Opinion of VOYA
Many brokerage firms have already submitted their reports for VOYA stocks, with BofA Securities repeating the rating for VOYA by listing it as a “Buy.” The predicted price for VOYA in the upcoming period, according to BofA Securities is $74 based on the research report published on October 01st of the current year 2020.
Wells Fargo, on the other hand, stated in their research note that they expect to see VOYA reach a price target of $62. The rating they have provided for VOYA stocks is “Overweight” according to the report published on August 18th, 2020.
Barclays gave a rating of “Overweight” to VOYA, setting the target price at $60 in the report published on August 13th of the current year.
VOYA Trading at -3.64% from the 50-Day Moving Average
After a stumble in the market that brought VOYA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.90% of loss for the given period.
Volatility was left at 2.82%, however, over the last 30 days, the volatility rate increased by 2.80%, as shares sank -7.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.68% lower at present.
During the last 5 trading sessions, VOYA rose by +4.29%, which changed the moving average for the period of 200-days by -17.63% in comparison to the 20-day moving average, which settled at $48.05. In addition, Voya Financial Inc. saw -21.42% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at VOYA starting from SILVA KEVIN D, who sale 8,454 shares at the price of $61.36 back on Feb 24. After this action, SILVA KEVIN D now owns 26,379 shares of Voya Financial Inc., valued at $518,734 using the latest closing price.
MARTIN RODNEY O JR, the Chairman and CEO of Voya Financial Inc., sale 20,245 shares at $60.09 during a trade that took place back on Feb 24, which means that MARTIN RODNEY O JR is holding 232,457 shares at $1,216,473 based on the most recent closing price.
Stock Fundamentals for VOYA
Equity return is now at value -9.10, with -0.50 for asset returns.