As of Wednesday close, Aflac Incorporated’s (NYSE:AFL) stock was up $0.02, moving up 0.03 percent to $74.68. The average number of shares traded per day over the past five days has been 1,678,680 shares. 4 times new highs have been achieved over the past 5 days, with a $1.51 gain in that time frame. In the last twenty days, the average volume was 2,093,855, while in the previous 50 days, it was 2,112,524.
Since last month, AFL stock rose 3.56%. Shares of the company fell to $71.97 on 07/31/23, the lowest level in the past month. A 52-week high of $78.43 was reached on 08/07/23 after having rallying from a 52-week low of $56.03. Since the beginning of this year, AFL’s stock price has risen by 3.81% or $2.74, and marked a new high 7 times. However, the stock has declined by -4.78% since its 52-week high.
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AFL stock investors should be aware that Aflac Incorporated (AFL) stock had its last reported insider trading activity 10 days ago on Aug 21. Daniels James Todd, the EVP, CFO Aflac Japan of the company, disposed of 3,355 shares for $74.51 on Aug 21. It resulted in a $249,981 divestment by the insider. RIGGIERI ALBERT sold 7,649 shares at an average price of $76.09 on Aug 17. The insider now owns 26,210 shares following the transaction. On Aug 10, Chairman & Rep. Director, ALIJ LAKE CHARLES D II sold 16,040 shares at $75.86 apiece. The transaction was valued at $1,216,810.
Valuation Metrics
Right now, Aflac Incorporated (AFL) has a P/E ratio of about 10.00. The stock’s beta is 0.93. Besides these, the trailing price-to-sales (P/S) ratio of 2.36, the price-to-book (PB) ratio of 2.20, and the price-to-cash flow ratio of 13.89 may also be considered.
The latest dividend of $0.42 per share was paid out, remained unchanged from last year’s $0.42. On Tuesday November 8 2022, a $0.02 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.34, and the total debt-to-equity ratio was 0.34. In the year ended June 29, operating margins totaled 26.60%.
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 21.80%.
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 $594.06 million.
Technical Picture
This quick technical analysis looks at Aflac Incorporated’s (AFL) price momentum. With a historical volatility rate of 12.79%, the RSI 9-day stood at 51.40% on 30 August.
With respect to its five-day moving average, the current Aflac Incorporated price is up by +2.06% percent or $1.51. At present, AFL shares trade -2.05% below its 20-day simple moving average and +15.68% percent above its 100-day simple moving average. However, the stock is currently trading approximately +10.15% above its SMA50 and +6.73% above its SMA200.
Stochastic coefficient K was 44.39% and Stochastic coefficient D was 38.66%, while ATR was 1.11. Given the Stochastic reading of 46.91% for the 14-day period, the RSI (14) reading has been calculated as 53.95%. As of today, the MACD Oscillator reading stands at 0.38, while the 14-day reading stands at -0.26.
Analyst Ratings
Aflac Incorporated downgraded its rating on Aflac Incorporated (NYSE: AFL) to an Equal-weight in a note to investors on August 18, 2023. The analysts firm previously had an Overweight rating on the stock.Aflac Incorporated (AFL) has been rated Hold by analysts. According to 1 brokerage firm, AFL is a sell, and 12 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 2 recommending it as overweight.
With a median target price of $77.00, 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 $75.74.
