Unum Group (NYSE: UNM) has a higher price-to-earnings ratio of 7.48x compared to its average ratio. UNM has 36-month beta value of 0.80. Analysts have mixed views 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 187.73M, and currently, short sellers hold a 2.26% ratio of that float. The average trading volume of UNM on June 27, 2024 was 1.05M shares.
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UNM) stock’s latest price update
Unum Group (NYSE: UNM)’s stock price has plunge by -0.77relation to previous closing price of 50.82. Nevertheless, the company has seen a 2.09% surge in its stock price over the last five trading sessions. zacks.com reported 2024-06-26 that Favorable sales trends and risk experience, strong persistency, an improving rate environment and a solid capital position poise Unum (UNM) well.
UNM’s Market Performance
UNM’s stock has risen by 2.09% in the past week, with a monthly drop of -4.25% and a quarterly drop of -5.12%. The volatility ratio for the week is 1.68% while the volatility levels for the last 30 days are 1.62% for Unum Group The simple moving average for the past 20 days is -1.49% for UNM’s stock, with a 3.59% simple moving average for the past 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 -2.32% 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 -7.59% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares sank -3.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.96% upper at present.
During the last 5 trading sessions, UNM rose by +2.09%, which changed the moving average for the period of 200-days by +4.76% in comparison to the 20-day moving average, which settled at $51.10. In addition, Unum Group saw 11.52% 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 Keaney Timothy F, who sale 8,000 shares at the price of $52.61 back on May 07 ’24. After this action, Keaney Timothy F now owns 37,505 shares of Unum Group, valued at $420,880 using the latest closing price.
Pyne Christopher W, the EVP, Group Benefits of Unum Group, sale 4,500 shares at $52.47 during a trade that took place back on May 07 ’24, which means that Pyne Christopher W is holding 56,262 shares at $236,116 based on the most recent closing price.
Stock Fundamentals for UNM
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.96 for the gross margin
The net margin for Unum Group stands at 0.11. The total capital return value is set at 0.0. Equity return is now at value 13.57, with 2.48 for asset returns.
Based on Unum Group (UNM), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.34. The interest coverage ratio of the stock is 0.37.
Currently, EBITDA for the company is 1.64 billion with net debt to EBITDA at 3.04. When we switch over and look at the enterprise to sales, we see a ratio of 1.01. The receivables turnover for the company is 1.2for trailing twelve months and the total asset turnover is 0.23.
Conclusion
To put it simply, Unum Group (UNM) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
