The price of Humana Inc. (NYSE:HUM) shares last traded on Wall Street fell -11.79% to $246.49.
HUM stock price is now -28.98% away from the 50-day moving average and -31.99% away from the 200-day moving average. The market capitalization of the company currently stands at $29.68B.
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With the price target reduced from $400 to $250, Stephens Downgraded its rating from Overweight to Equal-Weight for Humana Inc. (NYSE: HUM). On October 03, 2024, Leerink Partners Downgraded its previous ‘Outperform’ rating to ‘Market Perform’ on the stock reducing its target price from $400 to quote $250, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Mesquita Jorge S., Director bought 545 shares of the company’s stock on Feb 20 ’24. The stock was bought for $200,066 at an average price of $367.09. Upon completion of the transaction, the Director now directly owns 2,578 shares in the company, valued at $0.64 million. A total of 0.25% of the company’s stock is owned by insiders.
During the past 12 months, Humana Inc. has had a low of $276.80 and a high of $530.54. According to the stock market information, the enterprise value for the company is $20079804416, which is based on a 17.57 price-to-earnings ratio, a 3.58 price-to-earnings-growth ratio, and a beta of 0.51. The fifty day moving average price for HUM is $344.2804 and a two-hundred day moving average price translates $361.30145 for the stock.
The latest earnings results from Humana Inc. (NYSE: HUM) was released for 2024-06-30. The net profit margin was 1.53% and return on equity was 10.21% for HUM. The company reported revenue of $29.54 billion for the quarter, compared to $26.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.44 percent.
