As of close of business last night, Voya Financial Inc’s stock clocked out at $68.81, down -1.70% from its previous closing price of $70.00. In other words, the price has decreased by -$1.19 from its previous closing price. On the day, 683847 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 ’24 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 ’24. The insider now owns 3,840 shares after completing the transaction at $69.35 per share. On Feb 21 ’24, 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 6.99B and an Enterprise Value of 9.41B. As of this moment, Voya’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.69, and their Forward P/E ratio for the next fiscal year is 7.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 1.30.
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 $63.02. The 50-Day Moving Average of the stock is 70.01, while the 200-Day Moving Average is calculated to be 70.50.
Shares Statistics:
It appears that VOYA traded 930.99K shares on average per day over the past three months and 881.94k shares per day over the past ten days. A total of 102.85M shares are outstanding, with a floating share count of 100.71M. Insiders hold about 0.88% of the company’s shares, while institutions hold 99.28% stake in the company. Shares short for VOYA as of Mar 15, 2024 were 2.6M with a Short Ratio of 2.73, compared to 2.54M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.56% and a Short% of Float of 3.27%.
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 1.71%, it implies a Forward Annual Dividend Yield of 2.18%. The stock’s 5-year Average Dividend Yield is 1.02.
Earnings Estimates
As of right now, 12 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $1.67 for the current quarter, with a high estimate of $1.86 and a low estimate of $1.53, while EPS last year was $1.44. The consensus estimate for the next quarter is $2.24, with high estimates of $2.41 and low estimates of $2.12.
Analysts are recommending an EPS of between $8.86 and $8.2 for the fiscal current year, implying an average EPS of $8.37. EPS for the following year is $9.4, with 13 analysts recommending between $10.15 and $9.16.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $1.8B. It ranges from a high estimate of $1.88B 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 6.20% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $1.83B, an increase of 6.40% over than the figure of $6.20% in the same quarter last year. There is a high estimate of $1.92B 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 $7.64B, while the lowest revenue estimate was $7.24B, resulting in an average revenue estimate of $7.45B. In the same quarter a year ago, actual revenue was $7.35B, up 1.30% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $7.74B in the next fiscal year. The high estimate is $8.26B and the low estimate is $7.12B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.
