The stock price of Manulife Financial Corp. (NYSE: MFC) has jumped by 0.49 compared to previous close of 26.30. Despite this, the company has seen a fall of -0.19% in its stock price over the last five trading days. investorplace.com reported 2024-07-02 that Long-term investing is a solid strategy for almost every investor. It allows for a position to grow at a stable rate due to share price appreciation and dividend growth.
Is It Worth Investing in Manulife Financial Corp. (NYSE: MFC) Right Now?
The price-to-earnings ratio for Manulife Financial Corp. (NYSE: MFC) is 15.29x, which is above its average ratio. Moreover, the 36-month beta value for MFC is 1.08. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for MFC is 1.79B and currently, short sellers hold a 0.59% of that float. On July 03, 2024, MFC’s average trading volume was 2.63M shares.
MFC’s Market Performance
MFC stock saw an increase of -0.19% in the past week, with a monthly gain of 1.81% and a quarterly increase of 8.14%. The volatility ratio for the week is 2.08%, and the volatility levels for the last 30 days are 1.76% for Manulife Financial Corp. (MFC).. The simple moving average for the past 20 days is 2.09% for MFC’s stock, with a 19.04% simple moving average for the past 200 days.
MFC Trading at 4.26% from the 50-Day Moving Average
After a stumble in the market that brought MFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.71% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 2.08%, as shares surge +2.13% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.56% upper at present.
During the last 5 trading sessions, MFC fell by -0.19%, which changed the moving average for the period of 200-days by +37.44% in comparison to the 20-day moving average, which settled at $25.92. In addition, Manulife Financial Corp. saw 19.59% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for MFC
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 1.0 for the gross margin
The net margin for Manulife Financial Corp. stands at 0.11. The total capital return value is set at 0.01. Equity return is now at value 9.56, with 0.55 for asset returns.
Based on Manulife Financial Corp. (MFC), the company’s capital structure generated 0.22 points at debt to capital in total, while cash flow to debt ratio is standing at 1.64. The debt to equity ratio resting at 0.28. The interest coverage ratio of the stock is 3.4.
Currently, EBITDA for the company is 4.1 billion with net debt to EBITDA at -2.06. When we switch over and look at the enterprise to sales, we see a ratio of 1.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.07.
Conclusion
To wrap up, the performance of Manulife Financial Corp. (MFC) has been better in recent times. The stock has received a bullish of “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.
