Manulife Financial Corp (NYSE: MFC)’s stock price has plunge by 1.33relation to previous closing price of 29.30. Nevertheless, the company has seen a -1.75% plunge in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-29 that C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Jan. 29, 2025 /PRNewswire/ – Manulife Financial Corporation (“Manulife”) today announced that it does not intend to exercise its right to redeem all or any of its currently outstanding 10,000,000 Non-cumulative Rate Reset Class 1 Shares Series 19 (the “Series 19 Preferred Shares”) (TSX: MFC.PR.N) on March 19, 2025. As a result, subject to certain conditions described in the prospectus supplement dated November 26, 2014 relating to the issuance of the Series 19 Preferred Shares (the “Prospectus”), the holders of the Series 19 Preferred Shares have the right, at their option, to convert all or part of their Series 19 Preferred Shares on a one-for-one basis into Non-cumulative Floating Rate Class 1 Shares Series 20 of Manulife (the “Series 20 Preferred Shares”) on March 19, 2025.
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 14.27x compared to its average ratio, The 36-month beta value for MFC is at 1.04. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 6 rating it as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for MFC is 1.75B, and currently, shorts hold a 0.54% of that float. The average trading volume for MFC on February 05, 2025 was 2.05M shares.
MFC’s Market Performance
MFC stock saw a decrease of -1.75% in the past week, with a monthly decline of -2.72% and a quarterly a decrease of 1.64%. The volatility ratio for the week is 2.29%, and the volatility levels for the last 30 days are 1.72% for Manulife Financial Corp (MFC). The simple moving average for the last 20 days is -2.07% for MFC stock, with a simple moving average of 5.40% for the last 200 days.
MFC Trading at -4.04% 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 -10.22% of loss for the given period.
Volatility was left at 1.72%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares sank -3.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.84% lower at present.
During the last 5 trading sessions, MFC fell by -1.75%, which changed the moving average for the period of 200-days by +30.11% in comparison to the 20-day moving average, which settled at $30.32. In addition, Manulife Financial Corp saw -3.32% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MFC
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 1.0 for the gross margin
The net margin for Manulife Financial Corp stands at 0.13. 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 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 1.93. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 1.01.
Currently, EBITDA for the company is 8.59 billion with net debt to EBITDA at -1.1. When we switch over and look at the enterprise to sales, we see a ratio of 1.42. 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 mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.