Cigna Group (NYSE: CI) is -8.75% lower on its value in year-to-date trading and has touched a low of $279.88 and a high of $370.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CI stock was last observed hovering at around $281.86 in the last trading session, with the day’s loss setting it -8.6%.
Currently trading at $273.26, the stock is -14.26% and -15.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.0 million and changing -3.05% at the moment leaves the stock -19.65% off its SMA200. CI registered -8.50% loss for a year compared to 6-month loss of -18.16%. The firm has a 50-day simple moving average (SMA 50) of $326.514 and a 200-day simple moving average (SMA200) of $340.39444.
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 -15.63% gain in the last 1 month and extending the period to 3 months gives it a -23.29%, and is -14.38% 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 4.02% over the week and 2.43% over the month.
Cigna Group (CI) has around 72500 employees, a market worth around $75.71B and $229.75B in sales. Current P/E ratio is 25.77 and Fwd P/E is 8.66. Profit margin for the company is 1.32%. Distance from 52-week low is -2.37% and -26.31% from its 52-week high. The company has generated returns on investments over the last 12 months (4.20%).
with sales reaching $63.03B over the same period.The EPS is expected to grow by 13.60% this year, but quarterly earnings will post 24.94% year-over-year. Quarterly sales are estimated to grow 23.22% in year-over-year returns.
Cigna Group (CI) Top Institutional Holders
2256.0 institutions hold shares in Cigna Group (CI), with institutional investors hold 91.07% of the company’s shares. The shares outstanding are 279.50M, and float is at 272.88M with Short Float at 1.17%. Institutions hold 89.63% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.19 million shares valued at $8.66 billion. The investor’s holdings represent 9.1414% of the CI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 23.83 million shares valued at $7.88 billion to account for 8.3188 of the shares outstanding. The other top investors are FMR LLC which holds 13.95 million shares representing 4.8699% and valued at over $4.61 billion, while STATE STREET CORP holds 4.5192 of the shares totaling 12.95 million with a market value of $4.28 billion.
Cigna Group (CI) Insider Activity
The most recent transaction is an insider sale by DeLaney William J III, the company’s Director. SEC filings show that DeLaney William J III sold 2,691 shares of the company’s common stock on Aug 19 ’24 at a price of $342.68 per share for a total of $0.92 million. Following the sale, the insider now owns 17539.0 shares.
Still, SEC filings show that on Aug 12 ’24, Jones Nicole S () disposed off 22,030 shares at an average price of $330.96 for $7.29 million. The insider now directly holds 24,587 shares of Cigna Group (CI).
