Market Recap Check: Aflac Inc. (AFL)’s Negative Finish at 94.12, Up/Down -0.02

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The price of Aflac Inc. (NYSE: AFL) closed at $94.12 in the last session, down -0.02% from day before closing price of $94.14. In other words, the price has decreased by -$0.02 from its previous closing price. On the day, 1.26 million shares were traded. AFL stock price reached its highest trading level at $95.46 during the session, while it also had its lowest trading level at $94.0.

Ratios:

We take a closer look at AFL’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Evercore ISI on January 04, 2024, Downgraded its rating to Underperform and sets its target price to $78 from $76 previously.

On August 18, 2023, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also upped its target price recommendation from $74 to $75.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 21 ’24 when LAKE CHARLES D II sold 22,378 shares for $87.47 per share. The transaction valued at 1,957,426 led to the insider holds 61,522 shares of the business.

MOSKOWITZ JOSEPH L sold 600 shares of AFL for $50,904 on May 08 ’24. The Director now owns 27,550 shares after completing the transaction at $84.84 per share. On Mar 20 ’24, another insider, KENNY THOMAS J, who serves as the Director of the company, sold 5,000 shares for $84.62 each. As a result, the insider received 423,105 and left with 17,920 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AFL now has a Market Capitalization of 53481058304 and an Enterprise Value of 56803098624. As of this moment, Aflac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.38, and their Forward P/E ratio for the next fiscal year is 13.78. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.77 while its Price-to-Book (P/B) ratio in mrq is 2.28. Its current Enterprise Value per Revenue stands at 2.938 whereas that against EBITDA is 8.986.

Stock Price History:

The Beta on a monthly basis for AFL is 0.94, which has changed by 0.3001796 over the last 52 weeks, in comparison to a change of 0.17829525 over the same period for the S&P500. Over the past 52 weeks, AFL has reached a high of $95.49, while it has fallen to a 52-week low of $71.97. The 50-Day Moving Average of the stock is 5.26%, while the 200-Day Moving Average is calculated to be 12.38%.

Shares Statistics:

According to the various share statistics, AFL traded on average about 2.10M shares per day over the past 3-months and 1934300 shares per day over the past 10 days. A total of 578.48M shares are outstanding, with a floating share count of 511.61M. Insiders hold about 9.96% of the company’s shares, while institutions hold 60.55% stake in the company. Shares short for AFL as of 1721001600 were 15472433 with a Short Ratio of 7.36, compared to 1718323200 on 14791313. Therefore, it implies a Short% of Shares Outstanding of 15472433 and a Short% of Float of 2.74.

Dividends & Splits

The forward annual dividend rate for AFL is 1.84, which was 1.76 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.01869556The stock’s 5-year Average Dividend Yield is 2.38. The current Payout Ratio is 21.59% for AFL, which recently paid a dividend on 2024-05-21 with an ex-dividend date of 1716249600. Stock splits for the company last occurred on 2018-03-19 when the company split stock in a 2:1 ratio.

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