On Monday, Metlife Inc (NYSE: MET) was 1.56% jump from the session beforebefore settling in for the closing price of $76.19. A 52-week range for MET has been $57.91 – $79.34.
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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%. When this article was written, the company’s average yearly earnings per share was at 19.94%. With a float of $584.82 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 and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Metlife Inc stocks. The insider ownership of Metlife Inc is 16.49%, while institutional ownership is 76.99%. The most recent insider transaction that took place on Sep 11 ’24, was worth 33,807. Before that another transaction happened on Aug 26 ’24, when Company’s Affiliate discretionary manage proposed sale 242 for $74.34, making the entire transaction worth $17,990.
Metlife Inc (MET) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 1.95 earnings per share (EPS) during the time that was better than consensus figure (set at 1.94) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.94% 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
You can see what Metlife Inc (MET) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.79. Likewise, its price to free cash flow for the trailing twelve months is 3.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.71, a number that is poised to hit 2.25 in the next quarter and is forecasted to reach 9.86 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 2.56 million was inferior to 3.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.01%. Additionally, its Average True Range was 1.47.
During the past 100 days, Metlife Inc’s (MET) raw stochastic average was set at 83.72%, which indicates a significant increase from 78.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.99% in the past 14 days, which was lower than the 21.51% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $73.85, while its 200-day Moving Average is $70.77. Now, the first resistance to watch is $77.80. This is followed by the second major resistance level at $78.22. The third major resistance level sits at $78.99. If the price goes on to break the first support level at $76.61, it is likely to go to the next support level at $75.84. The third support level lies at $75.42 if the price breaches the second support level.
Metlife Inc (NYSE: MET) Key Stats
There are 711,123K outstanding shares of the company, which has a market capitalization of 54.19 billion. As of now, sales total 66,905 M while income totals 1,578 M. Its latest quarter income was 17,823 M while its last quarter net income were 946,000 K.
