Metlife Inc (NYSE: MET) kicked off on Monday, down -1.00% from the previous trading day, before settling in for the closing price of $70.14. Over the past 52 weeks, MET has traded in a range of $48.95-$74.68.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales drop of Financial Sector giant was -0.28%. While this was happening, its average annual earnings per share was recorded 20.03%. With a float of $604.09 million, this company’s outstanding shares have now reached $730.82 million.
Let’s determine the extent of company efficiency that accounts for 45000 employees.
Metlife Inc (MET) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Life Industry. The insider ownership of Metlife Inc is 16.45%, while institutional ownership is 75.25%. The most recent insider transaction that took place on Mar 18 ’24, was worth 1,951,325. In this transaction EVP, Global Tech. & Ops. of this company sold 27,000 shares at a rate of $72.27, taking the stock ownership to the 57,768 shares. Before that another transaction happened on Mar 13 ’24, when Company’s President, U.S. Business sold 4,026 for $71.90, making the entire transaction worth $289,479. This insider now owns 146,981 shares in total.
Metlife Inc (MET) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 500.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.50% during the next five years compared to -18.10% drop over the previous five years of trading.
Metlife Inc (NYSE: MET) Trading Performance Indicators
Take a look at Metlife Inc’s (MET) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.75. Likewise, its price to free cash flow for the trailing twelve months is 3.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.83, a number that is poised to hit 1.87 in the next quarter and is forecasted to reach 9.95 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 2.94 million, which is a drop from its year-to-date volume of 3.59 million. As of the previous 9 days, the stock’s Stochastic %D was 9.31%. Additionally, its Average True Range was 1.29.
During the past 100 days, Metlife Inc’s (MET) raw stochastic average was set at 59.18%, which indicates a significant increase from 3.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.32% in the past 14 days, which was lower than the 17.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.66, while its 200-day Moving Average is $65.13. However, in the short run, Metlife Inc’s stock first resistance to watch stands at $70.99. Second resistance stands at $72.54. The third major resistance level sits at $73.41. If the price goes on to break the first support level at $68.57, it is likely to go to the next support level at $67.70. Should the price break the second support level, the third support level stands at $66.15.
Metlife Inc (NYSE: MET) Key Stats
The company with the Market Capitalisation of 50.21 billion has total of 723,020K Shares Outstanding. Its annual sales at the moment are 66,905 M in contrast with the sum of 1,578 M annual income. Company’s last quarter sales were recorded 19,028 M and last quarter income was 607,000 K.
