Aflac Inc. (NYSE:AFL) shares traded 6.57% higher at $101.65 on Wall Street last session.
AFL stock price is now 12.70% away from the 50-day moving average and 20.80% away from the 200-day moving average. The market capitalization of the company currently stands at $57.76B.
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With the price target enhanced from $76 to $78, Evercore ISI Downgraded its rating from In-line to Underperform for Aflac Inc. (NYSE: AFL). On August 18, 2023, Morgan Stanley Downgraded its previous ‘Overweight’ rating to ‘Equal-Weight’ on the stock increasing its target price from $74 to quote $75, while ‘BofA Securities’ rates the stock as ‘Buy’
In other news, RIMER BARBARA K, Director bought 8,000 shares of the company’s stock on Aug 01 ’24. The stock was bought for $811,522 at an average price of $101.44. An SEC document containing details of the transaction can be found on the SEC’s website. On May 21 ’24, Chairman & Rep. Director, ALIJ LAKE CHARLES D II sold 22,378 shares of the business’s stock. A total of $1,957,426 was realized by selling the stock at an average price of $87.47. This leaves the insider owning 61,522 shares of the company worth $6.25 million. A total of 9.96% of the company’s stock is owned by insiders.
During the past 12 months, Aflac Inc. has had a low of $72.09 and a high of $96.23. According to the stock market information, the enterprise value for the company is $60022894592, which is based on a 11.21 price-to-earnings ratio, a 1.52 price-to-earnings-growth ratio, and a beta of 0.95. The fifty day moving average price for AFL is $90.4772 and a two-hundred day moving average price translates $84.2564 for the stock.
The latest earnings results from Aflac Inc. (NYSE: AFL) was released for 2024-06-30. The net profit margin was 27.67% and return on equity was 24.70% for AFL.
