Voya Financial Inc (VOYA) Shares Plummet Below 1-Year High

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Voya Financial Inc (NYSE: VOYA) has experienced a decline in its stock price by -1.38 compared to its previous closing price of 79.44. However, the company has seen a fall of -0.39% in its stock price over the last five trading days. businesswire.com reported 2024-09-26 that NEW YORK–(BUSINESS WIRE)–Voya Financial, Inc. (NYSE: VOYA) announced today that it will host a webcast and conference call for its third-quarter 2024 financial results on Tuesday, Nov. 5, 2024, from 10 a.m. to 11 a.m. ET. Voya will issue a press release announcing the company’s third-quarter 2024 financial results after the market closes on Monday, Nov. 4, 2024. When issued, the press release – along with the company’s investor supplement and analyst presentation – will be available on the co.

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

The price-to-earnings ratio for Voya Financial Inc (NYSE: VOYA) is above average at 10.32x, Company’s 36-month beta value is 1.03.Analysts have differing opinions 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 3.01% ratio of that floaft. The average trading volume of VOYA on October 04, 2024 was 792.39K shares.

VOYA’s Market Performance

The stock of Voya Financial Inc (VOYA) has seen a -0.39% decrease in the past week, with a 10.23% rise in the past month, and a 12.01% gain in the past quarter. The volatility ratio for the week is 1.53%, and the volatility levels for the past 30 days are at 1.97% for VOYA. The simple moving average for the past 20 days is 3.11% for VOYA’s stock, with a 9.59% simple moving average for the past 200 days.

Analysts’ Opinion of VOYA

Barclays gave a rating of “Overweight” to VOYA, setting the target price at $84 in the report published on September 05th of the current year.

VOYA Trading at 9.43% 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 -1.85% of loss for the given period.

Volatility was left at 1.97%, however, over the last 30 days, the volatility rate increased by 1.53%, as shares surge +10.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.67% upper at present.

During the last 5 trading sessions, VOYA fell by -0.39%, which changed the moving average for the period of 200-days by +5.76% in comparison to the 20-day moving average, which settled at $76.34. In addition, Voya Financial Inc saw 7.37% 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 O’Neill Francis G., who purchase 142 shares at the price of $74.57 back on Sep 30 ’24. After this action, O’Neill Francis G. now owns 5,106 shares of Voya Financial Inc, valued at $10,588 using the latest closing price.

Keshavan Santhosh, the of Voya Financial Inc, sale 4,688 shares at $76.00 during a trade that took place back on Sep 16 ’24, which means that Keshavan Santhosh is holding 16,154 shares at $356,288 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 1.41. The receivables turnover for the company is 0.67for trailing twelve months and the total asset turnover is 0.05.

Conclusion

In a nutshell, Voya Financial Inc (VOYA) has experienced a better performance in recent times. The stock has received mixed “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.

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