On Friday, Globe Life Inc (NYSE: GL) was -4.74% drop from the session before settling in for the closing price of $109.60. A 52-week range for GL has been $38.95 – $132.00.
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Financial Sector giant saw their annual sales surged by 4.84% over the last five years. When this article was written, the company’s average yearly earnings per share was at 12.19%. With a float of $89.25 million, this company’s outstanding shares have now reached $93.79 million.
The firm has a total of 3636 workers. Let’s measure their productivity.
Globe Life Inc (GL) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Globe Life Inc stocks. The insider ownership of Globe Life Inc is 0.64%, while institutional ownership is 83.93%. The most recent insider transaction that took place on Jul 26 ’24, was worth 270,600. In this transaction Director of this company bought 3,000 shares at a rate of $90.20, taking the stock ownership to the 15,605 shares. Before that another transaction happened on May 28 ’24, when Company’s EVP & Chief Investment Officer bought 2,500 for $82.17, making the entire transaction worth $205,421. This insider now owns 7,290 shares in total.
Globe Life Inc (GL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 12.19% 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
You can see what Globe Life Inc (GL) 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 1.66. Likewise, its price to free cash flow for the trailing twelve months is 6.93.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.06, a number that is poised to hit 3.05 in the next quarter and is forecasted to reach 13.24 in one year’s time.
Technical Analysis of Globe Life Inc (GL)
Analysing the last 5-days average volume posted by the [Globe Life Inc, GL], we can find that recorded value of 0.83 million was lower than the volume posted last year of 1.7 million. As of the previous 9 days, the stock’s Stochastic %D was 68.90%. Additionally, its Average True Range was 2.37.
During the past 100 days, Globe Life Inc’s (GL) raw stochastic average was set at 83.96%, which indicates a significant increase from 50.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.28% in the past 14 days, which was lower than the 29.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.63, while its 200-day Moving Average is $101.52. Now, the first resistance to watch is $108.32. This is followed by the second major resistance level at $112.24. The third major resistance level sits at $114.89. If the price goes on to break the first support level at $101.75, it is likely to go to the next support level at $99.10. Should the price break the second support level, the third support level stands at $95.18.
Globe Life Inc (NYSE: GL) Key Stats
There are 90,042K outstanding shares of the company, which has a market capitalization of 9.38 billion. As of now, sales total 5,448 M while income totals 970,760 K. Its latest quarter income was 1,440 M while its last quarter net income were 258,360 K.
