Can Voya Financial Inc’s (VOYA) hike of 1.50% in a week be considered a lucky break?

Voya Financial Inc (NYSE: VOYA) on Tuesday, soared 1.43% from the previous trading day, before settling in for the closing price of $64.81. Within the past 52 weeks, VOYA’s price has moved between $63.02 and $76.75.

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A company in the Financial sector has jumped its sales by 5.22% annually for the last half of the decade. The company achieved an average annual earnings per share of 17.80%. With a float of $97.66 million, this company’s outstanding shares have now reached $102.85 million.

In an organization with 9000 employees, it is important to assess its efficiency.

Voya Financial Inc (VOYA) Insider and Institutional Ownership

Observing investor behavior towards Financial Conglomerates industry stocks is more important than anything else. The insider ownership of Voya Financial Inc is 0.67%, while institutional ownership is 102.73%. The most recent insider transaction that took place on Jul 31 ’24, was worth 371,550. Before that another transaction happened on May 24 ’24, when Company’s Director sold 2,165 for $73.78, making the entire transaction worth $159,734. This insider now owns 0 shares in total.

Voya Financial Inc (VOYA) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 17.80% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.80% during the next five years compared to 19.73% growth over the previous five years of trading.

Voya Financial Inc (NYSE: VOYA) Trading Performance Indicators

Voya Financial Inc (VOYA) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.84. Likewise, its price to free cash flow for the trailing twelve months is 4.92.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.59, a number that is poised to hit 2.17 in the next quarter and is forecasted to reach 9.43 in one year’s time.

Technical Analysis of Voya Financial Inc (VOYA)

Let’s dig in a bit further. During the last 5-days, its volume was 0.83 million. That was inferior than the volume of 0.83 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 12.98%. Additionally, its Average True Range was 1.68.

During the past 100 days, Voya Financial Inc’s (VOYA) raw stochastic average was set at 12.96%, which indicates a significant decrease from 13.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.51% in the past 14 days, which was higher than the 21.75% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $71.35, while its 200-day Moving Average is $71.05. However, in the short run, Voya Financial Inc’s stock first resistance to watch stands at $66.10. Second resistance stands at $66.46. The third major resistance level sits at $67.06. If the price goes on to break the first support level at $65.14, it is likely to go to the next support level at $64.54. The third support level lies at $64.18 if the price breaches the second support level.

Voya Financial Inc (NYSE: VOYA) Key Stats

Market capitalization of the company is 6.46 billion based on 100,701K outstanding shares. Right now, sales total 7,348 M and income totals 625,000 K. The company made 2,033 M in profit during its latest quarter, and 205,000 K in sales during its previous quarter.