As of close of business last night, Voya Financial Inc’s stock clocked out at $67.09, down -0.13% from its previous closing price of $67.18. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 912789 shares were traded.
Ratios:
To gain a deeper understanding of VOYA’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.10 whereas as Long-Term Debt/Eq ratio is at 1.10.
On January 06, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $75 to $77.
Piper Sandler Upgraded its Neutral to Overweight on September 30, 2022, whereas the target price for the stock was revised from $65 to $70.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 21 when MARTIN RODNEY O JR sold 99,162 shares for $68.53 per share. The transaction valued at 6,795,572 led to the insider holds 81,965 shares of the business.
Ogle Trevor sold 6,317 shares of VOYA for $438,068 on Feb 21. The insider now owns 3,840 shares after completing the transaction at $69.35 per share. On Feb 21, another insider, Oh Tony D, who serves as the insider of the company, sold 516 shares for $68.62 each. As a result, the insider received 35,408 and left with 0 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, VOYA now has a Market Capitalization of 6.82B and an Enterprise Value of 9.23B. As of this moment, Voya’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.37, and their Forward P/E ratio for the next fiscal year is 7.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.94 while its Price-to-Book (P/B) ratio in mrq is 1.65. Its current Enterprise Value per Revenue stands at 1.31.
Stock Price History:
Over the past 52 weeks, VOYA has reached a high of $77.78, while it has fallen to a 52-week low of $62.79. The 50-Day Moving Average of the stock is 71.54, while the 200-Day Moving Average is calculated to be 70.51.
Shares Statistics:
It appears that VOYA traded 707.13K shares on average per day over the past three months and 1.04M shares per day over the past ten days. A total of 102.85M shares are outstanding, with a floating share count of 102.11M. Insiders hold about 0.86% of the company’s shares, while institutions hold 98.07% stake in the company. Shares short for VOYA as of Jan 31, 2024 were 2.74M with a Short Ratio of 3.88, compared to 2.43M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.66% and a Short% of Float of 3.39%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.20, VOYA has a forward annual dividend rate of 1.40. Against a Trailing Annual Dividend Yield of 1.79%, it implies a Forward Annual Dividend Yield of 2.38%. The stock’s 5-year Average Dividend Yield is 0.99.
Earnings Estimates
As of right now, 11 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.73 for the current quarter, with a high estimate of $1.89 and a low estimate of $1.52, while EPS last year was $1.44. The consensus estimate for the next quarter is $2.21, with high estimates of $2.29 and low estimates of $2.11.
Analysts are recommending an EPS of between $8.68 and $8.25 for the fiscal current year, implying an average EPS of $8.42. EPS for the following year is $9.51, with 12 analysts recommending between $10.25 and $9.16.
Revenue Estimates
In the current quarter, 4 analysts expect revenue to total $1.78B. It ranges from a high estimate of $1.82B to a low estimate of $1.7B. As of the current estimate, Voya Financial Inc’s year-ago sales were $1.7B, an estimated increase of 4.90% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $1.79B, an increase of 4.30% less than the figure of $4.90% in the same quarter last year. There is a high estimate of $1.84B for the next quarter, whereas the lowest estimate is $1.72B.
A total of 4 analysts have provided revenue estimates for VOYA’s current fiscal year. The highest revenue estimate was $7.4B, while the lowest revenue estimate was $7.24B, resulting in an average revenue estimate of $7.33B. In the same quarter a year ago, actual revenue was $7.35B, down -0.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $7.59B in the next fiscal year. The high estimate is $7.84B and the low estimate is $7.12B. The average revenue growth estimate for next year is up 3.60% from the average revenue estimate for this year.
