A new trading day began on Tuesday, with Globe Life Inc (NYSE: GL) stock price up 0.30% from the previous day of trading, before settling in for the closing price of $82.83. GL’s price has ranged from $38.95 to $132.00 over the past 52 weeks.
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
It was noted that within the last five years, the titan of the Financial sector saw sales topped by 4.84%. Meanwhile, its annual earnings per share averaged 10.20%. With a float of $90.13 million, this company’s outstanding shares have now reached $93.79 million.
The extent of productivity of a business whose workforce counts for 3636 workers is very important to gauge.
Globe Life Inc (GL) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Life Industry. The insider ownership of Globe Life Inc is 2.32%, while institutional ownership is 87.27%. The most recent insider transaction that took place on May 28 ’24, was worth 205,421. In this transaction EVP & Chief Investment Officer of this company bought 2,500 shares at a rate of $82.17, taking the stock ownership to the 7,290 shares. Before that another transaction happened on May 21 ’24, when Company’s Co-Chairman & CEO bought 2,500 for $82.27, making the entire transaction worth $205,684. This insider now owns 144,898 shares in total.
Globe Life Inc (GL) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 10.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.89% during the next five years compared to 10.60% growth over the previous five years of trading.
Globe Life Inc (NYSE: GL) Trading Performance Indicators
Here are Globe Life Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.38. Likewise, its price to free cash flow for the trailing twelve months is 5.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.47, a number that is poised to hit 2.90 in the next quarter and is forecasted to reach 12.91 in one year’s time.
Technical Analysis of Globe Life Inc (GL)
The latest stats from [Globe Life Inc, GL] show that its last 5-days average volume of 1.11 million was inferior to 2.09 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 65.44%. Additionally, its Average True Range was 2.42.
During the past 100 days, Globe Life Inc’s (GL) raw stochastic average was set at 47.43%, which indicates a significant decrease from 80.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.24% in the past 14 days, which was lower than the 130.31% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $81.79, while its 200-day Moving Average is $107.33. Now, the first resistance to watch is $83.52. This is followed by the second major resistance level at $83.96. The third major resistance level sits at $84.45. If the price goes on to break the first support level at $82.59, it is likely to go to the next support level at $82.10. The third support level lies at $81.66 if the price breaches the second support level.
Globe Life Inc (NYSE: GL) Key Stats
With a market capitalization of 7.67 billion, the company has a total of 92,270K Shares Outstanding. Currently, annual sales are 5,448 M while annual income is 970,760 K. The company’s previous quarter sales were 1,416 M while its latest quarter income was 254,220 K.
