In the recent trading session, Aflac Incorporated (NYSE:AFL) shares gained 0.48% or 0.25 points to close at $52.32 with a thin trading volume of 1.005 million shares. It opened the trading session at $52.15, the shares rose to $52.39 and dropped to $52.11, the range by which the price of stock traded the whole session. The company now has a market cap of $38.5 billion and currently has 740.08 million outstanding shares. Aflac Incorporated (AFL) stock has plunged -2.05 percent of market value in 21 trading days.
AFL stock’s trailing 3-year beta is 0.67, meaning there will be a lower rate of return, although posing a lower risk. The part of a firm’s profit given to each outstanding share of regular stock was $4.06 share in the trailing 52 weeks. The stock’s value fallen -1.57 percent year to date (YTD) compared to a rise of 13.76 percent in 52 week’s period. The firm’s shares are still trading -8.5 percent below its 1-year high of $57.18 and 15.37 percent up from 52-week low of $45.35. The average consensus ranking on the company is 3.1, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a hold.
Aflac Incorporated (AFL) is most likely going to rise -0.46 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $60 as 12-month high price target. This represents a whopping 14.68 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $54, which means a return possibility of 3.21 percent in comparison with the closing price of the stock of $52.32 in recent trading session. The lowest price set for the stock is $44 which is just above -15.9 percent from AFL share’s price at the end of session.
Past records have indicated that shares in Aflac Incorporated rose on 24 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of AFL’s Q4 earnings on January 29. Analysts are predicting revenue to climb 8.3 percent to $5.55B in the financial fourth quarter, while EPS will soar by about 0 percent to $1.02 per share. In the last quarter, it’s earnings of $1.16 per share came better than the $1.05978, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $5.54B, topping the $5.52B analysts had expected. Earnings are seen to rise by 13.3 percent this year, 0.61 percent in the coming year and the trend continues by 3.53 percent every year in the next 5 years.
Let’s take a glimpse at some insider activity at Aflac Incorporated (NYSE:AFL) and observe the pattern. The earliest insider trade happened on 12/09/2019. BEAVER STEVEN KENT parted with a total of 5.66 thousand shares of the firm at average share price of $53.03. The total amount for the sale was set at $300.15 thousand. On completing this exchange, the SVP, CFO, Aflac US account balance was 15.01 thousand shares. The stock lost -1.36 percent from that insider sale. On 12/06/2019, HOWARD JUNE P, Sr. Vice President, did a sale of 0.96 thousand shares at a price of $53.25 per share. This got rid of 51.12 thousand shares from the insider’s fortune and the stock experienced a -1.77 percent retreat in price since the news became public. This exchange saw 61.23 thousand shares get out from the Sr. Vice President account.
On 12/05/2019, Executive V.P. Williams Richard JR recorded a sale transaction valued at $99.98 thousand. The sale at $52.62 a share has eliminated 1.9 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed -0.59 percent decrease since the transaction reporting date. The company insider is left with 10.92 thousand shares remaining in the account. TILLMAN AUDREY B, who works as Executive Vice President at the company, performed a sale of 24 thousand shares in a transaction worth $1.24 million. The disposal recorded on 12/03/2019 was priced at $51.81 per share. The stock price soared 0.97 percent since the transaction. TILLMAN AUDREY B currently holds a stake of 112.84 thousand in AFL stock which is worth $5.9 million after the insider selling.
The stock is lingering around the initial support level of $51.74. After this, the following support is at the zone of $51.4. Up until the time the AFL stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 42.23 on the daily chart, and this may be a cause for concern. In case the price goes below $51.4 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $52.72 level may cause a pull-back move approaching $53.36 mark.
Aflac Incorporated (AFL) shares are trading at a P/E ratio of 12.82 times earnings posted in the trailing 12 months. The industry AFL deals with has an average P/E of 12.36. Its P/B ratio is standing at 1.86X compared to the 1.48 industry average. It is additionally sporting a 1.76 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.58.