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In the latest session, Cigna Group (NYSE: CI) closed at $325.00 down -0.28% from its previous closing price of $325.91. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 0.9 million shares were traded. CI stock price reached its highest trading level at $327.89 during the session, while it also had its lowest trading level at $321.69.
Ratios:
For a deeper understanding of Cigna Group’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.75.
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 this company, Piper Sandler on June 26, 2024, initiated with a Overweight rating and assigned the stock a target price of $400.
On May 30, 2024, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $388.
On March 06, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $393.Barclays initiated its Overweight rating on March 06, 2024, with a $393 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 24 ’24 when Evanko Brian C sold 4,795 shares for $345.01 per share. The transaction valued at 1,654,303 led to the insider holds 39,923 shares of the business.
Granger Elder sold 547 shares of CI for $181,265 on Jun 17 ’24. The Director now owns 5,471 shares after completing the transaction at $331.38 per share. On Jun 12 ’24, another insider, Granger Elder, who serves as the Director of the company, sold 1,000 shares for $338.08 each. As a result, the insider received 338,080 and left with 5,471 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, CI now has a Market Capitalization of 92446195712 and an Enterprise Value of 116755202048. As of this moment, Cigna’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.68, and their Forward P/E ratio for the next fiscal year is 10.15. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 2.24. Its current Enterprise Value per Revenue stands at 0.572 whereas that against EBITDA is 12.669.
Stock Price History:
Over the past 52 weeks, CI has reached a high of $365.71, while it has fallen to a 52-week low of $253.95. The 50-Day Moving Average of the stock is -4.67%, while the 200-Day Moving Average is calculated to be 1.51%.
Shares Statistics:
For the past three months, CI has traded an average of 1.58M shares per day and 1709380 over the past ten days. A total of 292.50M shares are outstanding, with a floating share count of 278.76M. Insiders hold about 1.87% of the company’s shares, while institutions hold 89.87% stake in the company. Shares short for CI as of 1718323200 were 3819395 with a Short Ratio of 2.42, compared to 1715731200 on 3430550. Therefore, it implies a Short% of Shares Outstanding of 3819395 and a Short% of Float of 1.35.
Dividends & Splits
According to the company, the forward annual dividend rate for CI is 5.26, from 5.09 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015617809The stock’s 5-year Average Dividend Yield is 0.97.
