Unum Group (NYSE:UNM) stock went on an upward path that rose over 1.82% on Wednesday, amounting to a one-week price decrease of more than -0.07%. Over the last 12 months, UNM stock dropped by -16.21%. The average equity rating for UNM stock is currently 3.20, trading closer to a bullish pattern in the stock market.
The market cap for UNM stock reached $6.23 billion, with 206.20 million shares outstanding and 205.19 million shares in the current float. Compared to the average trading volume of 1.99M shares, UNM reached a trading volume of 2564443 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Unum Group (UNM)?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UNM shares is $31.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UNM stock is a recommendation set at 3.20. 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.
Credit Suisse have made an estimate for Unum Group shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on July 10, 2019. The new note on the price target was released on March 26, 2018, representing the official price target for Unum Group stock. Previously, the target price had yet another raise to $58, while B. Riley FBR Inc. analysts kept a Buy rating on UNM stock.
The Average True Range (ATR) for Unum Group is set at 0.78, with the Price to Sales ratio for UNM stock in the period of the last 12 months amounting to 0.52. The Price to Book ratio for the last quarter was 0.65, with the Price to Cash per share for the same quarter was set at 0.37. Price to Free Cash Flow for UNM in the course of the last twelve months was 4.41.
How has UNM stock performed recently?
Unum Group (UNM) fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.07. With this latest performance, UNM shares gained by 4.00% in over the last four-week period, additionally plugging by 8.09% over the last 6 months – not to mention a drop of -16.21% 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 UNM stock in for the last two-week period is set at 59.82, with the RSI for the last a single of trading hit 66.44, and the three-weeks RSI is set at 57.98 for Unum Group (UNM). The present Moving Average for the last 50 days of trading for this stock 29.04, while it was recorded at 29.62 for the last single week of trading, and 30.27 for the last 200 days.
Unum Group (UNM): Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Unum Group (UNM) shares currently have an operating margin of +13.22. Unum Group’s Net Margin is presently recorded at +9.17.
Earnings analysis for Unum Group (UNM)
With the latest financial reports released by the company, Unum Group posted 1.31/share EPS, while the average EPS was predicted by analysts to be reported at 1.31/share. 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 UNM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Unum Group go to 5.54%.
Insider trade positions for Unum Group (UNM)
There are presently around $5,552 million, in the hands of institutional investors. The top three institutional holders of UNM stocks are: VANGUARD GROUP INC with ownership of 24,318,254, which is approximately 1.557% of the company’s market cap and around 0.53% of the total institutional ownership; FMR LLC, holding 18,543,538 shares of the stock with an approximate value of $549.82 million in UNM stocks shares; and BLACKROCK INC., currently with $548.59 million in UNM stock with ownership of nearly 2.099% of the company’s market capitalization.
Positions in Unum Group stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 216 institutional holders increased their position in Unum Group (NYSE:UNM) by around 15,692,982 shares. Additionally, 238 investors decreased positions by around 24,906,059 shares, while 64 investors held positions by with 146,645,817 shares. The mentioned changes placed institutional holdings at 187,244,858 shares, according to the latest SEC report filing. UNM stock had 45 new institutional investments in for a total of 1,636,535 shares, while 57 institutional investors sold positions of 7,769,471 shares during the same period.