Aflac Inc. (NYSE: AFL) has a price-to-earnings ratio of 9.75x that is above its average ratio. Additionally, the 36-month beta value for AFL is 0.95. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 10 rating it as “hold,” and 1 rating it as “sell.”
The public float for AFL is 512.32M and currently, short sellers hold a 2.89% ratio of that float. The average trading volume of AFL on June 11, 2024 was 2.20M shares.
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AFL) stock’s latest price update
The stock of Aflac Inc. (NYSE: AFL) has decreased by -0.44 when compared to last closing price of 88.79.Despite this, the company has seen a loss of -0.57% in its stock price over the last five trading days. zacks.com reported 2024-06-06 that Aflac (AFL) collaborates with Empathy to offer grief and administrative support services to Aflac Group Life, Absence and Disability Solutions clients. This is likely to boost the sale of AFL’s life insurance policies.
AFL’s Market Performance
Aflac Inc. (AFL) has experienced a -0.57% fall in stock performance for the past week, with a 3.54% rise in the past month, and a 6.29% rise in the past quarter. The volatility ratio for the week is 1.25%, and the volatility levels for the past 30 days are at 1.29% for AFL.. The simple moving average for the past 20 days is 0.83% for AFL’s stock, with a 8.50% simple moving average for the past 200 days.
Analysts’ Opinion of AFL
Many brokerage firms have already submitted their reports for AFL stocks, with Evercore ISI repeating the rating for AFL by listing it as a “Underperform.” The predicted price for AFL in the upcoming period, according to Evercore ISI is $78 based on the research report published on January 04, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see AFL reach a price target of $75, previously predicting the price at $74. The rating they have provided for AFL stocks is “Equal-Weight” according to the report published on August 18th, 2023.
BofA Securities gave a rating of “Buy” to AFL, setting the target price at $77 in the report published on June 05th of the previous year.
AFL Trading at 3.78% from the 50-Day Moving Average
After a stumble in the market that brought AFL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.68% of loss for the given period.
Volatility was left at 1.29%, however, over the last 30 days, the volatility rate increased by 1.25%, as shares surge +2.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.96% upper at present.
During the last 5 trading sessions, AFL fell by -0.57%, which changed the moving average for the period of 200-days by +20.81% in comparison to the 20-day moving average, which settled at $87.79. In addition, Aflac Inc. saw 7.15% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AFL starting from LAKE CHARLES D II, who sale 22,378 shares at the price of $87.47 back on May 21 ’24. After this action, LAKE CHARLES D II now owns 61,522 shares of Aflac Inc., valued at $1,957,426 using the latest closing price.
MOSKOWITZ JOSEPH L, the Director of Aflac Inc., sale 600 shares at $84.84 during a trade that took place back on May 08 ’24, which means that MOSKOWITZ JOSEPH L is holding 27,550 shares at $50,904 based on the most recent closing price.
Stock Fundamentals for AFL
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 1.0 for the gross margin
The net margin for Aflac Inc. stands at 0.28. The total capital return value is set at 0.05. Equity return is now at value 24.70, with 4.14 for asset returns.
Based on Aflac Inc. (AFL), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 31.88.
Currently, EBITDA for the company is 39.0 million with net debt to EBITDA at 0.72. When we switch over and look at the enterprise to sales, we see a ratio of 2.74. The receivables turnover for the company is 18.63for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.88.
Conclusion
In conclusion, Aflac Inc. (AFL) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
