In the past week, HMN stock has gone down by -6.02%, with a monthly gain of 1.02% and a quarterly plunge of -3.94%. The volatility ratio for the week is 2.75%, and the volatility levels for the last 30 days are 1.94% for Horace Mann Educators Corp. The simple moving average for the past 20 days is -2.60% for HMN’s stock, with a 7.87% simple moving average for the past 200 days.
Is It Worth Investing in Horace Mann Educators Corp. (NYSE: HMN) Right Now?
The price-to-earnings ratio for Horace Mann Educators Corp. (NYSE: HMN) is above average at 22.75x. The 36-month beta value for HMN is also noteworthy at 0.31. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for HMN is 40.71M, and at present, short sellers hold a 1.61% of that float. The average trading volume of HMN on May 10, 2024 was 220.56K shares.
HMN) stock’s latest price update
Horace Mann Educators Corp. (NYSE: HMN)’s stock price has gone decline by -9.19 in comparison to its previous close of 39.17, however, the company has experienced a -6.02% decrease in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-08 that Horace Mann (HMN) came out with quarterly earnings of $0.60 per share, missing the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.23 per share a year ago.
Analysts’ Opinion of HMN
Many brokerage firms have already submitted their reports for HMN stocks, with Keefe Bruyette repeating the rating for HMN by listing it as a “Outperform.” The predicted price for HMN in the upcoming period, according to Keefe Bruyette is $40 based on the research report published on January 29, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see HMN reach a price target of $38, previously predicting the price at $42. The rating they have provided for HMN stocks is “Neutral” according to the report published on January 25th, 2023.
Piper Sandler gave a rating of “Overweight” to HMN, setting the target price at $42 in the report published on August 19th of the previous year.
HMN Trading at -1.28% from the 50-Day Moving Average
After a stumble in the market that brought HMN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.38% of loss for the given period.
Volatility was left at 1.94%, however, over the last 30 days, the volatility rate increased by 2.75%, as shares surge +3.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.13% lower at present.
During the last 5 trading sessions, HMN fell by -6.02%, which changed the moving average for the period of 200-days by +21.15% in comparison to the 20-day moving average, which settled at $36.58. In addition, Horace Mann Educators Corp. saw 8.78% 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 HMN starting from ZURAITIS MARITA, who sale 1,250 shares at the price of $37.00 back on Mar 28 ’24. After this action, ZURAITIS MARITA now owns 304,483 shares of Horace Mann Educators Corp., valued at $46,250 using the latest closing price.
JOHNSON KIMBERLY A, the SVP & Controller of Horace Mann Educators Corp., sale 5,000 shares at $36.00 during a trade that took place back on Mar 26 ’24, which means that JOHNSON KIMBERLY A is holding 21,674 shares at $180,000 based on the most recent closing price.
Stock Fundamentals for HMN
Current profitability levels for the company are sitting at:
- 0.2 for the present operating margin
- 1.0 for the gross margin
The net margin for Horace Mann Educators Corp. stands at 0.03. The total capital return value is set at 0.02. Equity return is now at value 5.52, with 0.57 for asset returns.
Based on Horace Mann Educators Corp. (HMN), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.55. The debt to equity ratio resting at 0.46. The interest coverage ratio of the stock is 10.0.
Currently, EBITDA for the company is 26.2 million with net debt to EBITDA at 8.35. When we switch over and look at the enterprise to sales, we see a ratio of 1.32. The receivables turnover for the company is 3.1for trailing twelve months and the total asset turnover is 0.13.
Conclusion
In summary, Horace Mann Educators Corp. (HMN) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
