In the past week, VOYA stock has gone down by -2.78%, with a monthly decline of -1.16% and a quarterly plunge of -3.32%. The volatility ratio for the week is 1.58%, and the volatility levels for the last 30 days are 1.90% for Voya Financial Inc The simple moving average for the last 20 days is -3.85% for VOYA stock, with a simple moving average of -2.40% for the last 200 days.
Is It Worth Investing in Voya Financial Inc (NYSE: VOYA) Right Now?
The price-to-earnings ratio for Voya Financial Inc (NYSE: VOYA) is 12.69x, which is above its average ratio. Moreover, the 36-month beta value for VOYA is 1.05. Analysts have varying opinions on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 1 as “sell.”
The public float for VOYA is 100.71M and currently, short sellers hold a 2.53% of that float. On April 12, 2024, VOYA’s average trading volume was 930.99K shares.
VOYA) stock’s latest price update
Voya Financial Inc (NYSE: VOYA) has seen a decline in its stock price by -1.70 in relation to its previous close of 70.00. However, the company has experienced a -2.78% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-03-25 that Voya Financial (VOYA) stands to gain from strategic acquisitions, favorable retention, improved investment income and stronger surplus income.
Analysts’ Opinion of VOYA
Many brokerage firms have already submitted their reports for VOYA stocks, with Goldman repeating the rating for VOYA by listing it as a “Neutral.” The predicted price for VOYA in the upcoming period, according to Goldman is $82 based on the research report published on January 08, 2024 of the current year 2024.
JP Morgan, on the other hand, stated in their research note that they expect to see VOYA reach a price target of $77, previously predicting the price at $75. The rating they have provided for VOYA stocks is “Overweight” according to the report published on January 06th, 2023.
Piper Sandler gave a rating of “Overweight” to VOYA, setting the target price at $70 in the report published on September 30th of the previous year.
VOYA Trading at -1.83% 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 -11.53% of loss for the given period.
Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 1.58%, as shares sank -2.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.86% lower at present.
During the last 5 trading sessions, VOYA fell by -2.78%, which changed the moving average for the period of 200-days by -0.88% in comparison to the 20-day moving average, which settled at $71.47. In addition, Voya Financial Inc saw -5.69% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VOYA starting from MARTIN RODNEY O JR, who sale 99,162 shares at the price of $68.53 back on Feb 21 ’24. After this action, MARTIN RODNEY O JR now owns 81,965 shares of Voya Financial Inc, valued at $6,795,572 using the latest closing price.
Ogle Trevor, the of Voya Financial Inc, sale 6,317 shares at $69.35 during a trade that took place back on Feb 21 ’24, which means that Ogle Trevor is holding 3,840 shares at $438,068 based on the most recent closing price.
Stock Fundamentals for VOYA
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 1.0 for the gross margin
The net margin for Voya Financial Inc stands at 0.09. The total capital return value is set at 0.0. Equity return is now at value 14.43, with 0.45 for asset returns.
Based on Voya Financial Inc (VOYA), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 1.1. The interest coverage ratio of the stock is 3.39.
Currently, EBITDA for the company is 729.0 million with net debt to EBITDA at 8.73. When we switch over and look at the enterprise to sales, we see a ratio of 1.47. The receivables turnover for the company is 0.59for trailing twelve months and the total asset turnover is 0.05.
Conclusion
To wrap up, the performance of Voya Financial Inc (VOYA) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
