As of Thursday close, Aflac Incorporated’s (NYSE:AFL) stock was up $0.81, moving up 1.06 percent to $77.05. The average number of shares traded per day over the past five days has been 2,960,900 shares. 4 times new highs have been achieved over the past 5 days, with a $4.99 gain in that time frame. In the last twenty days, the average volume was 2,222,385, while in the previous 50 days, it was 2,299,324.
Since last month, AFL stock rose 10.21%. Shares of the company fell to $69.00 on 07/17/23, the lowest level in the past month. A 52-week high of $77.33 was reached on 08/03/23 after having rallying from a 52-week low of $56.03. Since the beginning of this year, AFL’s stock price has risen by 7.10% or $5.11, and marked a new high 5 times. However, the stock has declined by -0.36% since its 52-week high.
AFL stock investors should be aware that Aflac Incorporated (AFL) stock had its last reported insider trading activity 32 days ago on Jul 03. MOSKOWITZ JOSEPH L, the Director of the company, disposed of 500 shares for $69.60 on Jul 03. It resulted in a $34,800 divestment by the insider. MOSKOWITZ JOSEPH L sold 13,471 shares at an average price of $67.27 on May 19. The insider now owns 27,570 shares following the transaction. On May 12, SVP, CFO, Aflac US BEAVER STEVEN KENT sold 13,118 shares at $66.33 apiece. The transaction was valued at $870,119.
Valuation Metrics
Right now, Aflac Incorporated (AFL) has a P/E ratio of about 11.14. The stock’s beta is 0.93. Besides these, the trailing price-to-sales (P/S) ratio of 2.43, the price-to-book (PB) ratio of 2.38, and the price-to-cash flow ratio of 19.72 may also be considered.
The latest dividend of $0.42 per share was paid out, remained unchanged from last year’s $0.42.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.37, and the total debt-to-equity ratio was 0.37. In the year ended June 29, operating margins totaled 25.60%.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 16.10%. Return on equity (ROE) for the past 12 months was 19.30%.
AFL’s revenue fell -4.41% to $4.8 billion during the quarter, while net income inched up to $5.17 billion. While analysts expected Aflac Incorporated to report $1.43 quarterly earnings, the actual figure was $1.62 per share, beating the consensus estimate by 13.30%. The value of shareholders’ equity is $59.41 million.
Technical Picture
This quick technical analysis looks at Aflac Incorporated’s (AFL) price momentum. With a historical volatility rate of 28.07%, the RSI 9-day stood at 85.88% on 03 August.
With respect to its five-day moving average, the current Aflac Incorporated price is up by +6.92% percent or $4.99. At present, AFL shares trade +10.64% above its 20-day simple moving average and +20.33% percent above its 100-day simple moving average. However, the stock is currently trading approximately +15.73% above its SMA50 and +30.31% above its SMA200.
Stochastic coefficient K was 85.50% and Stochastic coefficient D was 80.65%, while ATR was 1.43. Given the Stochastic reading of 96.58% for the 14-day period, the RSI (14) reading has been calculated as 80.68%. As of today, the MACD Oscillator reading stands at 1.81, while the 14-day reading stands at 2.46.
Analyst Ratings
Aflac Incorporated (AFL) has been rated Hold by analysts. According to 1 brokerage firm, AFL is a sell, and 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Aflac Incorporated stock as buy, with 3 recommending it as overweight.
With a median target price of $74.00, the current consensus forecast for the stock is $58.00 – $86.00. Based on these forecasts, analysts predict Aflac Incorporated (AFL) will achieve an average price target of $74.09.
