Manulife Financial Corp (MFC) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for Manulife Financial Corp (NYSE: MFC) is above average at 15.63x, Company’s 36-month beta value is 1.08.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for MFC is 1.78B, and currently, short sellers hold a 0.44% ratio of that floaft. The average trading volume of MFC on November 13, 2024 was 1.85M shares.

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MFC) stock’s latest price update

The stock of Manulife Financial Corp (NYSE: MFC) has increased by 0.37 when compared to last closing price of 32.40. Despite this, the company has experienced a 8.44% gain in its stock price over the last five trading sessions. zacks.com reported 2024-11-12 that Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

MFC’s Market Performance

Manulife Financial Corp (MFC) has seen a 8.44% rise in stock performance for the week, with a 6.69% gain in the past month and a 25.71% surge in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are at 1.72% for MFC. The simple moving average for the past 20 days is 6.53% for MFC’s stock, with a 24.42% simple moving average for the past 200 days.

MFC Trading at 9.91% 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 -1.28% of loss for the given period.

Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares surge +7.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.56% upper at present.

During the last 5 trading sessions, MFC rose by +8.44%, which changed the moving average for the period of 200-days by +48.76% in comparison to the 20-day moving average, which settled at $30.53. In addition, Manulife Financial Corp saw 47.15% 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 11.06, with 0.60 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 1.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 88.82.

Conclusion

In a nutshell, Manulife Financial Corp (MFC) 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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