Sun Life Financial, Inc (NYSE: SLF) is 20.88% higher on its value in year-to-date trading and has touched a low of $46.41 and a high of $62.09 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 SLF stock was last observed hovering at around $61.88 in the last trading session, with the day’s gains setting it 0.81%.
Currently trading at $62.69, the stock is 3.02% and 6.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 1.31% at the moment leaves the stock 17.01% off its SMA200. SLF registered 22.39% gain for a year compared to 6-month gain of 27.32%. The firm has a 50-day simple moving average (SMA 50) of $58.5492 and a 200-day simple moving average (SMA200) of $53.53345.
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 stock witnessed a 8.52% loss in the last 1 month and extending the period to 3 months gives it a 14.77%, and is 2.91% up 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 1.12% over the week and 1.36% over the month.
Sun Life Financial, Inc (SLF) has around 30941 employees, a market worth around $36.10B and $38.08B in sales. Current P/E ratio is 13.96 and Fwd P/E is 11.75. Profit margin for the company is 6.87%. Distance from 52-week low is 35.08% and 0.97% from its 52-week high. The company has generated returns on investments over the last 12 months (11.19%).
Sun Life Financial, Inc quarterly earnings per share for the current quarter are estimated at 1.78.The EPS is expected to grow by 1.86% this year, but quarterly earnings will post 10.46% year-over-year.
747.0 institutions hold shares in Sun Life Financial, Inc (SLF), with institutional investors hold 57.15% of the company’s shares. The shares outstanding are 576.50M, and float is at 575.71M with Short Float at 0.32%. Institutions hold 57.13% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 40.43 million shares valued at $1.98 billion. The investor’s holdings represent 6.9233 of the SLF Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 23.63 million shares valued at $1.16 billion to account for 4.0455 of the shares outstanding. The other top investors are TD ASSET MANAGEMENT INC which holds 16.09 million shares representing 2.7544 and valued at over $788.55 million, while MACKENZIE FINANCIAL CORP holds 2.5177 of the shares totaling 14.7 million with a market value of $721.04 million.
