The stock of Reinsurance Group Of America, Inc. (RGA) has seen a -1.80% decrease in the past week, with a -2.25% drop in the past month, and a 5.35% flourish in the past quarter. The volatility ratio for the week is 1.67%, and the volatility levels for the past 30 days are at 1.81% for RGA. The simple moving average for the past 20 days is -0.74% for RGA’s stock, with a 10.40% simple moving average for the past 200 days.
Is It Worth Investing in Reinsurance Group Of America, Inc. (NYSE: RGA) Right Now?
Reinsurance Group Of America, Inc. (NYSE: RGA) has a price-to-earnings ratio that is above its average at 16.75x. The stock has a 36-month beta value of 0.91. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”
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The public float for RGA is 65.57M, and at present, short sellers hold a 0.43% of that float. On October 04, 2024, the average trading volume of RGA was 364.27K shares.
RGA) stock’s latest price update
The stock of Reinsurance Group Of America, Inc. (NYSE: RGA) has decreased by -1.37 when compared to last closing price of 217.63.Despite this, the company has seen a loss of -1.80% in its stock price over the last five trading days. businesswire.com reported 2024-10-03 that ST. LOUIS–(BUSINESS WIRE)–Reinsurance Group of America, Incorporated (NYSE:RGA) plans to release third quarter earnings on Thursday, October 31, at approximately 4:15 p.m. Eastern Time. The release will be issued via newswire and will also be available through RGA’s website, www.rgare.com. RGA will host a conference call to discuss the third quarter results beginning at 10 a.m. Eastern Time on Friday, November 1. Interested parties may access the call by dialing 1-844-481-2753 (412-317-0669 i.
Analysts’ Opinion of RGA
Many brokerage firms have already submitted their reports for RGA stocks, with Barclays repeating the rating for RGA by listing it as a “Overweight.” The predicted price for RGA in the upcoming period, according to Barclays is $255 based on the research report published on September 05, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see RGA reach a price target of $189, previously predicting the price at $171. The rating they have provided for RGA stocks is “Buy” according to the report published on December 11th, 2023.
Jefferies gave a rating of “Hold” to RGA, setting the target price at $160 in the report published on June 23rd of the previous year.
RGA Trading at 0.63% from the 50-Day Moving Average
After a stumble in the market that brought RGA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.80% of loss for the given period.
Volatility was left at 1.81%, however, over the last 30 days, the volatility rate increased by 1.67%, as shares sank -0.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.78% lower at present.
During the last 5 trading sessions, RGA fell by -1.80%, which changed the moving average for the period of 200-days by +34.00% in comparison to the 20-day moving average, which settled at $216.16. In addition, Reinsurance Group Of America, Inc. saw 32.68% 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 RGA starting from HUTTON WILLIAM L, who sale 1,209 shares at the price of $218.97 back on Sep 23 ’24. After this action, HUTTON WILLIAM L now owns 12,357 shares of Reinsurance Group Of America, Inc., valued at $264,735 using the latest closing price.
HUTTON WILLIAM L, the Officer of Reinsurance Group Of America, Inc., proposed sale 1,209 shares at $218.97 during a trade that took place back on Sep 23 ’24, which means that HUTTON WILLIAM L is holding shares at $264,738 based on the most recent closing price.
Stock Fundamentals for RGA
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.95 for the gross margin
The net margin for Reinsurance Group Of America, Inc. stands at 0.04. The total capital return value is set at 0.01. Equity return is now at value 9.78, with 0.90 for asset returns.
Based on Reinsurance Group Of America, Inc. (RGA), the company’s capital structure generated 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 1.76. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is 3.77.
Currently, EBITDA for the company is -7.0 million with net debt to EBITDA at 2.0. When we switch over and look at the enterprise to sales, we see a ratio of 0.68. The receivables turnover for the company is 4.18for trailing twelve months and the total asset turnover is 0.2.
Conclusion
To sum up, Reinsurance Group Of America, Inc. (RGA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
