MetLife Inc. (NYSE:MET) stock went on an upward path that rose over 0.91% on Thursday, amounting to a one-week price increase of more than 4.81%. Over the last 12 months, MET stock rose by 9.93%. The one-year MET stock forecast points to a potential downside of -0.08, with the average price target set at $52.82 per share. The average equity rating for MET stock is currently 2.40, trading closer to a bullish pattern in the stock market.
The market cap for MET stock reached $45.47 billion, with 927.14 million shares outstanding and 808.46 million shares in the current float. Compared to the average trading volume of 6.06M shares, MET reached a trading volume of 5357946 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about MetLife Inc. (MET)?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MET shares is $52.82 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MET stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for MetLife Inc. shares, keeping their opinion on the stock as In-line, with their previous recommendation back on July 16, 2019. The new note on the price target was released on March 19, 2019, representing the official price target for MetLife Inc. stock.
The Average True Range (ATR) for MetLife Inc. is set at 0.86, with the Price to Sales ratio for MET stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 0.73, with the Price to Cash per share for the same quarter was set at 19.88. Price to Free Cash Flow for MET in the course of the last twelve months was 4.19.
How has MET stock performed recently?
MetLife Inc. (MET) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.81. With this latest performance, MET shares gained by 10.53% in over the last four-week period, additionally plugging by 2.34% over the last 6 months – not to mention a rise of 9.93% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for MET stock in for the last two-week period is set at 70.43, with the RSI for the last a single of trading hit 80.11, and the three-weeks RSI is set at 64.42 for MetLife Inc. (MET). The present Moving Average for the last 50 days of trading for this stock 46.46, while it was recorded at 48.17 for the last single week of trading, and 46.53 for the last 200 days.
MetLife Inc. (MET): Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and MetLife Inc. (MET) shares currently have an operating margin of +10.07. MetLife Inc.’s Net Margin is presently recorded at +7.65.
Return on Total Capital for MET is now 9.02, given the latest momentum, and Return on Invested Capital for the company is 6.90. Return on Equity for this stock inclined to 9.20, with Return on Assets sitting at 0.72. When it comes to the capital structure of this company, MetLife Inc. (MET) has a Total Debt to Total Equity ratio set at 32.81. Additionally, MET Total Debt to Total Capital is recorded at 24.70, with Total Debt to Total Assets ending up at 2.50. Long-Term Debt to Equity for the company is recorded at 32.30, with the Long-Term Debt to Total Capital now at 24.32.
Reflecting on the efficiency of the workforce at the company, MetLife Inc. (MET) managed to generate an average of $106,729 per employee. Total Asset Turnover recorded at a value of 0.09.
Earnings analysis for MetLife Inc. (MET)
With the latest financial reports released by the company, MetLife Inc. posted 1.35/share EPS, while the average EPS was predicted by analysts to be reported at 1.28/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for MET. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MetLife Inc. go to 6.32%.
Insider trade positions for MetLife Inc. (MET)
There are presently around $34,616 million, or 77.90% of MET stock, in the hands of institutional investors. The top three institutional holders of MET stocks are: BLACKROCK INC. with ownership of 72,819,515, which is approximately 1.939% of the company’s market cap and around 61.88% of the total institutional ownership; VANGUARD GROUP INC, holding 67,442,713 shares of the stock with an approximate value of $3.0 billion in MET stocks shares; and DODGE & COX, currently with $2.0 billion in MET stock with ownership of nearly 0.252% of the company’s market capitalization.
Positions in MetLife Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 406 institutional holders increased their position in MetLife Inc. (NYSE:MET) by around 29,027,046 shares. Additionally, 528 investors decreased positions by around 43,351,522 shares, while 178 investors held positions by with 639,888,716 shares. The mentioned changes placed institutional holdings at 712,267,284 shares, according to the latest SEC report filing. MET stock had 86 new institutional investments in for a total of 3,170,358 shares, while 85 institutional investors sold positions of 2,815,624 shares during the same period.