MetLife Inc. (NYSE: MET) on August 04, 2022, started off the session at the price of $64.20, soaring 0.31% from the previous trading day. During the day, the shares moved up to $64.88 and dropped to $63.55 before settling in for the closing price of $63.60. Within the past 52 weeks, MET’s price has moved between $56.96 and $73.18.
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During the last 5-year period, the sales growth of Financial Sector giant was 3.10%. The company achieved an average annual earnings per share of 28.60%. With a float of $685.11 million, this company’s outstanding shares have now reached $823.80 million.
Let’s determine the extent of company efficiency that accounts for 43000 employees.
MetLife Inc. (MET) Breakdown of a Key Holders of the stock
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of MetLife Inc. is 0.20%, while institutional ownership is 76.10%. The most recent insider transaction that took place on Feb 08, was worth 3,996,376. In this transaction EVP & Chief Investment Officer of this company sold 56,857 shares at a rate of $70.29, taking the stock ownership to the 215,376 shares. Before that another transaction happened on Dec 21, when Company’s President & CEO sold 42,748 for $60.74, making the entire transaction worth $2,596,535. This insider now owns 144,015 shares in total.
MetLife Inc. (MET) Recent Fiscal highlights
As on 3/30/2022, Multinational firm has announced its last quarter scores, in which it reported $2.08 earnings per share (EPS) for the period topping the consensus outlook (set at $1.65) by $0.43. This company achieved a net margin of +9.41 while generating a return on equity of 9.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 28.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -0.70% during the next five years compared to 18.40% growth over the previous five years of trading.
MetLife Inc. (NYSE: MET) Trading Performance Indicators
MetLife Inc. (MET) is currently performing well based on its current performance indicators. A price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 4.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.71, a number that is poised to hit 1.45 in the next quarter and is forecasted to reach 8.19 in one year’s time.
Technical Analysis of MetLife Inc. (MET)
Looking closely at MetLife Inc. (NYSE: MET), its last 5-days average volume was 5.16 million, which is a jump from its year-to-date volume of 4.59 million. As of the previous 9 days, the stock’s Stochastic %D was 73.58%. Additionally, its Average True Range was 1.52.
During the past 100 days, MetLife Inc.’s (MET) raw stochastic average was set at 40.52%, which indicates a significant decrease from 82.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.26% in the past 14 days, which was lower than the 26.38% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $63.04, while its 200-day Moving Average is $65.10. However, in the short run, MetLife Inc.’s stock first resistance to watch stands at $64.60. Second resistance stands at $65.41. The third major resistance level sits at $65.93. If the price goes on to break the first support level at $63.27, it is likely to go to the next support level at $62.75. Now, if the price goes above the second support level, the third support stands at $61.94.
MetLife Inc. (NYSE: MET) Key Stats
Market capitalization of the company is 51.06 billion based on 813,206K outstanding shares. Right now, sales total 71,080 M and income totals 6,554 M. The company made 15,756 M in profit during its latest quarter, and 669,000 K in sales during its previous quarter.