Cigna Corporation (NYSE:CI) went up by 1.93% from its latest closing price compared to the recent 1-year high of $272.81. The company’s stock price has collected -1.50% of loss in the last five trading sessions. Press Release reported on 07/15/21 that Cigna Corporation’s Second Quarter 2021 Earnings Release Details
Is It Worth Investing in Cigna Corporation (NYSE :CI) Right Now?
Cigna Corporation (NYSE:CI) scored a price-to-earnings ratio above its average ratio, recording 9.97 x from its present earnings ratio. Plus, the 36-month beta value for CI is at 0.90. Opinions of the stock are interesting as 20 analysts out of 24 who provided ratings for Cigna Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $299.09, which is $61.44 above the current price. CI currently public float of 336.94M and currently shorts hold a 1.33% ratio of that float. Today, the average trading volume of CI was 1.68M shares.
CI’s Market Performance
CI stocks went down by -1.50% for the week, with a monthly jump of 0.02% and a quarterly performance of -8.43%, while its annual performance rate touched 31.93%. The volatility ratio for the week stands at 1.80% while the volatility levels for the past 30 days are set at 1.54% for Cigna Corporation. The simple moving average for the period of the last 20 days is -1.44% for CI stocks with a simple moving average of 3.81% for the last 200 days.
Analysts’ Opinion of CI
Many brokerage firms have already submitted their reports for CI stocks, with Wells Fargo repeating the rating for CI by listing it as a “Equal Weight.” The predicted price for CI in the upcoming period, according to Wells Fargo is $284 based on the research report published on May 19th of the current year 2021.
SVB Leerink, on the other hand, stated in their research note that they expect to see CI reach a price target of $220. The rating they have provided for CI stocks is “Mkt Perform” according to the report published on July 01st, 2020.
Bernstein gave a rating of “Mkt Perform” to CI, setting the target price at $223 in the report published on May 04th of the previous year.
CI Trading at -5.83% from the 50-Day Moving Average
After a stumble in the market that brought CI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -14.95% of loss for the given period.
Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -1.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.16% lower at present.
During the last 5 trading sessions, CI fell by -1.50%, which changed the moving average for the period of 200-days by +38.62% in comparison to the 20-day moving average, which settled at $235.18. In addition, Cigna Corporation saw 11.45% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CI starting from Granger Elder, who sale 4,844 shares at the price of $237.06 back on Jun 28. After this action, Granger Elder now owns 3,262 shares of Cigna Corporation, valued at $1,148,319 using the latest closing price.
Triplett Michael W, the President, US Markets of Cigna Corporation, sale 3,075 shares at $240.70 during a trade that took place back on Jun 14, which means that Triplett Michael W is holding 23,914 shares at $740,160 based on the most recent closing price.
Stock Fundamentals for CI
Current profitability levels for the company are sitting at:
- +5.47 for the present operating margin
The net margin for Cigna Corporation stands at +5.27. The total capital return value is set at 10.54, while invested capital returns managed to touch 10.72. Equity return is now at value 17.40, with 5.40 for asset returns.
Based on Cigna Corporation (CI), the company’s capital structure generated 66.70 points at debt to equity in total, while total debt to capital is 40.01. Total debt to assets is 22.15, with long-term debt to equity ratio resting at 59.99. Finally, the long-term debt to capital ratio is 35.99.
When we switch over and look at the enterprise to sales, we see a ratio of 0.69, with the company’s debt to enterprise value settled at 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.77.