Sun Life Financial, Inc (NYSE: SLF) is -7.97% lower on its value in year-to-date trading and has touched a low of $46.41 and a high of $62.85 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 SLF stock was last observed hovering at around $55.17 in the last trading session, with the day’s loss setting it -0.56%.
Currently trading at $54.61, the stock is -4.91% and -6.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.91 million and changing -1.02% at the moment leaves the stock -0.60% off its SMA200. SLF registered 0.57% gain for a year compared to 6-month gain of 4.32%.
The stock witnessed a -6.57% loss in the last 1 month and extending the period to 3 months gives it a -9.93%, and is -1.21% 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 1.87% over the week and 1.96% over the month.
Sun Life Financial, Inc (SLF) has around 31768 employees, a market worth around $31.28B and $30.20B in sales. Current P/E ratio is 14.21 and Fwd P/E is 9.61. Profit margin for the company is 7.41%. Distance from 52-week low is 17.67% and -13.11% from its 52-week high. The company has generated returns on investments over the last 12 months (7.64%).
The EPS is expected to grow by 10.38% this year, but quarterly earnings will post 24.45% year-over-year.
Sun Life Financial, Inc (SLF) Top Institutional Holders
The shares outstanding are 573.90M, and float is at 572.47M with Short Float at 0.29%.
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 2.7686% and valued at over $788.55 million, while MACKENZIE FINANCIAL CORP holds 2.5307 of the shares totaling 14.7 million with a market value of $721.04 million.
Sun Life Financial, Inc (SLF) Insider Activity
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