Voya Financial Inc (VOYA) Stock: A Study of the Market Performance

The stock of Voya Financial Inc (VOYA) has seen a 3.80% increase in the past week, with a 13.83% gain in the past month, and a 1.63% flourish in the past quarter. The volatility ratio for the week is 2.17%, and the volatility levels for the past 30 days are at 1.74% for VOYA. The simple moving average for the past 20 days is 7.31% for VOYA’s stock, with a 3.81% simple moving average for the past 200 days.

Is It Worth Investing in Voya Financial Inc (NYSE: VOYA) Right Now?

Voya Financial Inc (NYSE: VOYA) has a higher price-to-earnings ratio of 9.71x compared to its average ratio. VOYA has 36-month beta value of 1.02. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 1 as “sell.”

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The public float for VOYA is 97.68M, and currently, short sellers hold a 1.36% ratio of that float. The average trading volume of VOYA on September 11, 2024 was 741.71K shares.

VOYA) stock’s latest price update

Voya Financial Inc (NYSE: VOYA) has seen a rise in its stock price by 4.28 in relation to its previous close of 70.74. However, the company has experienced a 3.80% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-04 that NEW YORK–(BUSINESS WIRE)–Voya Financial, Inc. (NYSE: VOYA) announced today that Michael Katz has been named chief financial officer (CFO), effective Jan. 1, 2025. He will report to Heather Lavallee, Voya’s chief executive officer. Katz, who has been with Voya and its predecessor ING U.S. for more than 20 years, currently serves as executive vice president of Finance and is a member of Voya’s Executive Committee. Katz will succeed Don Templin, who has been serving as Voya’s CFO since November.

Analysts’ Opinion of VOYA

Many brokerage firms have already submitted their reports for VOYA stocks, with Barclays repeating the rating for VOYA by listing it as a “Overweight.” The predicted price for VOYA in the upcoming period, according to Barclays is $84 based on the research report published on September 05, 2024 of the current year 2024.

Morgan Stanley, on the other hand, stated in their research note that they expect to see VOYA reach a price target of $76, previously predicting the price at $79. The rating they have provided for VOYA stocks is “Equal-Weight” according to the report published on August 01st, 2024.

Goldman gave a rating of “Neutral” to VOYA, setting the target price at $82 in the report published on January 08th of the current year.

VOYA Trading at 5.75% 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 -3.88% of loss for the given period.

Volatility was left at 1.74%, however, over the last 30 days, the volatility rate increased by 2.17%, as shares surge +11.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.71% upper at present.

During the last 5 trading sessions, VOYA rose by +2.77%, which changed the moving average for the period of 200-days by +3.12% in comparison to the 20-day moving average, which settled at $69.11. In addition, Voya Financial Inc saw 1.11% 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 VOYA starting from ZWIENER DAVID K, who proposed sale 5,000 shares at the price of $74.31 back on Jul 31 ’24. After this action, ZWIENER DAVID K now owns shares of Voya Financial Inc, valued at $371,550 using the latest closing price.

Butler Yvette S., the Director of Voya Financial Inc, sale 2,165 shares at $73.78 during a trade that took place back on May 24 ’24, which means that Butler Yvette S. is holding 0 shares at $159,734 based on the most recent closing price.

Stock Fundamentals for VOYA

Current profitability levels for the company are sitting at:

  • 0.11 for the present operating margin
  • 0.97 for the gross margin

The net margin for Voya Financial Inc stands at 0.11. The total capital return value is set at 0.01. Equity return is now at value 21.71, with 0.58 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 0.3. The debt to equity ratio resting at 1.08. The interest coverage ratio of the stock is 4.01.

Currently, EBITDA for the company is 729.0 million with net debt to EBITDA at -82.21. When we switch over and look at the enterprise to sales, we see a ratio of 1.35. The receivables turnover for the company is 0.67for trailing twelve months and the total asset turnover is 0.05.

Conclusion

To put it simply, Voya Financial Inc (VOYA) has had a better performance in recent times. Analysts have a bullish 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.

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