As of Friday close, Voya Financial Inc.’s (NYSE:VOYA) stock was up $0.12, moving up 0.17 percent to $70.26. The average number of shares traded per day over the past five days has been 487,620 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.53 fall in that time frame. In the last twenty days, the average volume was 681,810, while in the previous 50 days, it was 672,856.
Since last month, VOYA stock retreated -5.70%. Shares of the company fell to $69.41 on 08/18/23, the lowest level in the past month. A 52-week high of $78.11 was reached on 02/16/23 after having rallying from a 52-week low of $58.63. Since the beginning of this year, VOYA’s stock price has risen by 14.26% or $8.77, and marked a new high 16 times. However, the stock has declined by -10.05% since its 52-week high.
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VOYA stock investors should be aware that Voya Financial Inc. (VOYA) stock had its last reported insider trading activity 16 days ago on Aug 03. Butler Yvette S., the Director of the company, disposed of 2,074 shares for $72.93 on Aug 03. It resulted in a $151,257 divestment by the insider. MARTIN RODNEY O JR sold 39,724 shares at an average price of $75.24 on Mar 06. The insider now owns 149,671 shares following the transaction. On Feb 28, SILVA KEVIN D sold 17,500 shares at $74.79 apiece. The transaction was valued at $1,308,861.
Valuation Metrics
Right now, Voya Financial Inc. (VOYA) has a P/E ratio of about 12.48. The stock’s beta is 1.15. Besides these, the trailing price-to-sales (P/S) ratio of 1.12, the price-to-book (PB) ratio of 1.96, and the price-to-cash flow ratio of 4.88 may also be considered.
The latest dividend of $0.40 per share was paid out, which is 100.0% more than last year’s $0.20.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.57, and the total debt-to-equity ratio was 0.61. In the year ended June 29, operating margins totaled 12.50%. Based on annual data, VOYA earned $428.0 million in gross profit and brought in $5.92 billion in revenue.
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 11.00%. Return on equity (ROE) for the past 12 months was 16.10%.
In Voya Financial Inc.’s quarter-end financial report for June 29, it reported total debt of $2.1 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. VOYA’s revenue rose 19.08% to $1.83 billion during the quarter, while net income inched up to $1.87 billion. While analysts expected Voya Financial Inc. to report $2 quarterly earnings, the actual figure was $2.31 per share, beating the consensus estimate by 15.50%. During the quarter, the company generated $357.0 million in EBITDA. The value of shareholders’ equity is $105.78 million.
Technical Picture
This quick technical analysis looks at Voya Financial Inc.’s (VOYA) price momentum. With a historical volatility rate of 17.57%, the RSI 9-day stood at 30.05% on 18 August.
With respect to its five-day moving average, the current Voya Financial Inc. price is down by -3.48% percent or -$2.53. At present, VOYA shares trade -5.50% below its 20-day simple moving average and +3.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately -2.58% below its SMA50 and +2.78% above its SMA200.
Stochastic coefficient K was 7.58% and Stochastic coefficient D was 7.15%, while ATR was 1.35. Given the Stochastic reading of 14.76% for the 14-day period, the RSI (14) reading has been calculated as 36.80%. As of today, the MACD Oscillator reading stands at -1.27, while the 14-day reading stands at -1.87.
Analyst Ratings
JP Morgan upgraded its rating on Voya Financial Inc. (NYSE: VOYA) to an Overweight in a note to investors on January 06, 2023. The analysts firm previously had a Neutral rating on the stock.Voya Financial Inc. (VOYA) has been rated Buy by analysts. According to 0 brokerage firms, VOYA is a sell, and 3 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Voya Financial Inc. stock as buy, with 13 recommending it as overweight.
With a median target price of $85.00, the current consensus forecast for the stock is $75.00 – $96.00. Based on these forecasts, analysts predict Voya Financial Inc. (VOYA) will achieve an average price target of $84.93.
