Aflac Incorporated (NYSE: AFL) is 3.67% higher on its value in year-to-date trading and has touched a low of $51.28 and a high of $67.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The AFL stock was last observed hovering at around $60.37 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $60.53, the stock is -0.32% and 2.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.57 million and changing 0.27% at the moment leaves the stock 0.99% off its SMA200. AFL registered 16.25% gain for a year compared to 6-month gain of -4.53%.
The stock witnessed a -4.95% loss in the last 1 month and extending the period to 3 months gives it a 11.72%, and is -0.43% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.03% over the week and 1.88% over the month.
Aflac Incorporated (AFL) has around 12447 employees, a market worth around $38.29B and $21.34B in sales. Current P/E ratio is 9.13 and Fwd P/E is 11.15. Profit margin for the company is 20.40%. Distance from 52-week low is 18.04% and -9.93% from its 52-week high. The company has generated returns on investments over the last 12 months (11.10%).
Aflac Incorporated (AFL) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Aflac Incorporated (AFL) is a “Hold”. 14 analysts offering their recommendations for the stock have an average rating of 2.90, where 10 rate it as a Hold and 1 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Aflac Incorporated is expected to release its quarterly report on 10/31/2022.The EPS is expected to shrink by -4.20% this year.
Aflac Incorporated (AFL) Top Institutional Holders
The shares outstanding are 640.71M, and float is at 573.14M with Short Float at 1.53%.
Aflac Incorporated (AFL) Insider Activity
A total of 24 insider transactions have happened at Aflac Incorporated (AFL) in the last six months, with sales accounting for 8 and purchases happening 16 times. The most recent transaction is an insider sale by Daniels James Todd,the company’sEVP, CFO Aflac Japan. SEC filings show that Daniels James Todd sold 16,946 shares of the company’s common stock on Aug 15 at a price of $64.03 per share for a total of $1.09 million. Following the sale, the insider now owns 53025.0 shares.
Aflac Incorporated disclosed in a document filed with the SEC on Aug 05 that WHITE TERESA L (President, Aflac U.S.) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Aug 05 and was made at $59.24 per share for $0.59 million. Following the transaction, the insider now directly holds 0.13 million shares of the AFL stock.
Still, SEC filings show that on Aug 03, RIMER BARBARA K (Director) disposed off 11,026 shares at an average price of $58.49 for $0.64 million. The insider now directly holds 33,413 shares of Aflac Incorporated (AFL).
Aflac Incorporated (AFL): Who are the competitors?
The company’s main competitors (and peers) include Cigna Corporation (CI) that is trading 42.24% up over the past 12 months and Prudential Financial Inc. (PRU) that is -5.94% lower over the same period. MetLife Inc. (MET) is 10.42% up on the 1-year trading charts.