Globe Life Inc (NYSE: GL) started the day on Wednesday, with a price increase of 0.44% at $106.65, before settling in for the price of $106.18 at the close. Taking a more long-term approach, GL posted a 52-week range of $38.95-$132.00.
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The Financial Sector giants’ yearly sales growth during the last 5-year period was 4.84%. Meanwhile, its Annual Earning per share during the time was 10.60%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.15%. This publicly-traded company’s shares outstanding now amounts to $93.79 million, simultaneously with a float of $87.74 million. The organization now has a market capitalization sitting at $9.58 billion. At the time of writing, stock’s 50-day Moving Average stood at $95.73, while the 200-day Moving Average is $102.08.
Globe Life Inc (GL) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Insurance – Life Industry. Globe Life Inc’s current insider ownership accounts for 2.31%, in contrast to 83.84% institutional ownership. According to the most recent insider trade that took place on Jul 26 ’24, this organization’s Director bought 3,000 shares at the rate of 90.20, making the entire transaction reach 270,600 in total value, affecting insider ownership by 15,605. Preceding that transaction, on May 28 ’24, Company’s EVP & Chief Investment Officer bought 2,500 for 82.17, making the whole transaction’s value amount to 205,421. This particular insider is now the holder of 7,290 in total.
Globe Life Inc (GL) Earnings and Revenue Records
Globe Life Inc’s EPS increase for this current 12-month fiscal period is 12.15% and is forecasted to reach 13.24 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.89% through the next 5 years, which can be compared against the 10.60% growth it accomplished over the previous five years trading on the market.
Globe Life Inc (NYSE: GL) Trading Performance Indicators
Let’s observe the current performance indicators for Globe Life Inc (GL). The Stock has managed to achieve an average true range (ATR) of 2.23. Alongside those numbers, its PE Ratio stands at $9.64, and its Beta score is 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.69. Similarly, its price to free cash flow for trailing twelve months is now 7.08.
In the same vein, GL’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 11.06, a figure that is expected to reach 3.05 in the next quarter, and analysts are predicting that it will be 13.24 at the market close of one year from today.
Technical Analysis of Globe Life Inc (GL)
If we take a close look at the recent performances of Globe Life Inc (NYSE: GL), its last 5-days Average volume was 0.84 million that shows plunge from its year to date volume of 1.73 million. During the previous 9 days, stock’s Stochastic %D was recorded 87.27% While, its Average True Range was 2.20.
Raw Stochastic average of Globe Life Inc (GL) in the period of the previous 100 days is set at 96.30%, which indicates a major rise in contrast to 84.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.91% that was lower than 29.96% volatility it exhibited in the past 100-days period.
