On Monday, Metlife Inc (NYSE: MET) opened higher 0.27% from the last session, before settling in for the closing price of $73.05. Price fluctuations for MET have ranged from $57.91 to $79.34 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales slided by -0.28%. Company’s average yearly earnings per share was noted 19.80% at the time writing. With a float of $585.50 million, this company’s outstanding shares have now reached $730.82 million.
The extent of productivity of a business whose workforce counts for 45000 workers is very important to gauge. In terms of profitability, gross margin is 100.0%, operating margin of 4.31%, and the pretax margin is 5.41%.
Metlife Inc (MET) Insider Updates
A key investor’s attitude towards the stock of the Insurance – Life industry is another important factor to consider. The insider ownership of Metlife Inc is 16.40%, while institutional ownership is 76.97%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 19.80% 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
Check out the current performance indicators for Metlife Inc (MET). 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 3.42.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.71, a number that is poised to hit 2.28 in the next quarter and is forecasted to reach 9.84 in one year’s time.
Technical Analysis of Metlife Inc (MET)
The latest stats from [Metlife Inc, MET] show that its last 5-days average volume of 4.23 million was superior to 3.39 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 93.21%. Additionally, its Average True Range was 1.54.
During the past 100 days, Metlife Inc’s (MET) raw stochastic average was set at 49.42%, which indicates a significant increase from 49.42% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.58% in the past 14 days, which was higher than the 20.87% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $71.84, while its 200-day Moving Average is $69.45. Now, the first resistance to watch is $73.58. This is followed by the second major resistance level at $73.90. The third major resistance level sits at $74.28. If the price goes on to break the first support level at $72.88, it is likely to go to the next support level at $72.50. Assuming the price breaks the second support level, the third support level stands at $72.18.
Metlife Inc (NYSE: MET) Key Stats
There are currently 711,123K shares outstanding in the company with a market cap of 51.30 billion. Presently, the company’s annual sales total 66,905 M according to its annual income of 1,578 M. Last quarter, the company’s sales amounted to 17,823 M and its income totaled 946,000 K.
