The stock of Manulife Financial Corp. (NYSE: MFC) has increased by 0.13 when compared to last closing price of 30.04. Despite this, the company has experienced a -0.79% fall in its stock price over the last five trading sessions. zacks.com reported 2024-10-22 that Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Is It Worth Investing in Manulife Financial Corp. (NYSE: MFC) Right Now?
Manulife Financial Corp. (NYSE: MFC) has a higher price-to-earnings ratio of 17.31x compared to its average ratio, The 36-month beta value for MFC is at 1.07. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it 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 1.78B, and currently, shorts hold a 0.44% of that float. The average trading volume for MFC on October 23, 2024 was 1.97M shares.
MFC’s Market Performance
MFC’s stock has seen a -0.79% decrease for the week, with a 4.30% rise in the past month and a 17.18% gain in the past quarter. The volatility ratio for the week is 1.16%, and the volatility levels for the past 30 days are at 1.35% for Manulife Financial Corp. The simple moving average for the last 20 days is 0.35% for MFC stock, with a simple moving average of 18.16% for the last 200 days.
MFC Trading at 5.89% 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 -2.53% of loss for the given period.
Volatility was left at 1.35%, however, over the last 30 days, the volatility rate increased by 1.16%, as shares surge +2.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +20.51% upper at present.
During the last 5 trading sessions, MFC fell by -0.79%, which changed the moving average for the period of 200-days by +37.79% in comparison to the 20-day moving average, which settled at $29.98. In addition, Manulife Financial Corp. saw 36.11% 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:
- 0.09 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 0.0. Equity return is now at value 9.60, with 0.51 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 1.68. The debt to equity ratio resting at 0.29. The interest coverage ratio of the stock is 2.43.
Currently, EBITDA for the company is 4.1 billion with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 1.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 88.82.
Conclusion
In conclusion, Manulife Financial Corp. (MFC) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
