The price-to-earnings ratio for Unum Group (NYSE: UNM) is above average at 8.00x, Company’s 36-month beta value is 0.85.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 3 as “sell.”
The public float for UNM is 189.42M, and currently, short sellers hold a 2.06% ratio of that floaft. The average trading volume of UNM on April 25, 2024 was 1.44M shares.
UNM) stock’s latest price update
The stock of Unum Group (NYSE: UNM) has increased by 0.35 when compared to last closing price of 51.79.Despite this, the company has seen a gain of 3.61% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-19 that Lower claims frequency, moderate pricing and the adoption of technology are likely to boost the performance of Zacks Accident and Health Insurance industry players like AFL, UNM, EIG, AMSF and TRUP.
UNM’s Market Performance
Unum Group (UNM) has experienced a 3.61% rise in stock performance for the past week, with a -2.18% drop in the past month, and a 10.36% rise in the past quarter. The volatility ratio for the week is 1.23%, and the volatility levels for the past 30 days are at 1.49% for UNM. The simple moving average for the last 20 days is -0.31% for UNM’s stock, with a simple moving average of 8.13% for the last 200 days.
Analysts’ Opinion of UNM
Many brokerage firms have already submitted their reports for UNM stocks, with JP Morgan repeating the rating for UNM by listing it as a “Overweight.” The predicted price for UNM in the upcoming period, according to JP Morgan is $55 based on the research report published on January 03, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see UNM reach a price target of $57. The rating they have provided for UNM stocks is “Overweight” according to the report published on April 25th, 2023.
Jefferies gave a rating of “Buy” to UNM, setting the target price at $50 in the report published on March 20th of the previous year.
UNM Trading at 1.79% from the 50-Day Moving Average
After a stumble in the market that brought UNM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.76% of loss for the given period.
Volatility was left at 1.49%, however, over the last 30 days, the volatility rate increased by 1.23%, as shares sank -2.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.27% upper at present.
During the last 5 trading sessions, UNM rose by +3.61%, which changed the moving average for the period of 200-days by +7.35% in comparison to the 20-day moving average, which settled at $52.07. In addition, Unum Group saw 14.93% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at UNM starting from Zabel Steven Andrew, who sale 10,000 shares at the price of $51.06 back on Mar 13 ’24. After this action, Zabel Steven Andrew now owns 122,246 shares of Unum Group, valued at $510,600 using the latest closing price.
IGLESIAS LISA G, the EVP, General Counsel of Unum Group, sale 16,000 shares at $50.00 during a trade that took place back on Mar 05 ’24, which means that IGLESIAS LISA G is holding 40,840 shares at $800,064 based on the most recent closing price.
Stock Fundamentals for UNM
Current profitability levels for the company are sitting at:
- 0.96 for the gross margin
The net margin for Unum Group stands at 0.1. Equity return is now at value 13.62, with 2.45 for asset returns.
Based on Unum Group (UNM), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35.
Currently, EBITDA for the company is 1.64 billion with net debt to EBITDA at 2.07. When we switch over and look at the enterprise to sales, we see a ratio of 1.07. The receivables turnover for the company is 1.16for trailing twelve months and the total asset turnover is 0.2.
Conclusion
In a nutshell, Unum Group (UNM) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
