A new trading day began on Friday, with Metlife Inc (NYSE: MET) stock price down -2.34% from the previous day of trading, before settling in for the closing price of $84.36. MET’s price has ranged from $57.91 to $86.94 over the past 52 weeks.
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During the last 5-year period, the sales drop of Financial Sector giant was -0.28%. Meanwhile, its annual earnings per share averaged 18.68%. With a float of $584.86 million, this company’s outstanding shares have now reached $730.82 million.
Let’s determine the extent of company efficiency that accounts for 45000 employees. In terms of profitability, gross margin is 100.0%, operating margin of 4.31%, and the pretax margin is 5.41%.
Metlife Inc (MET) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance – Life Industry. The insider ownership of Metlife Inc is 16.49%, while institutional ownership is 75.51%. The most recent insider transaction that took place on Oct 22 ’24, was worth 2,460. Before that another transaction happened on Sep 20 ’24, when Company’s Affiliate proposed sale 27 for $81.09, making the entire transaction worth $2,189.
Metlife Inc (MET) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 1.95 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.32 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 18.68% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.03% during the next five years compared to -18.10% drop over the previous five years of trading.
Metlife Inc (NYSE: MET) Trading Performance Indicators
Here are Metlife Inc’s 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 3.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.71, a number that is poised to hit 2.18 in the next quarter and is forecasted to reach 9.84 in one year’s time.
Technical Analysis of Metlife Inc (MET)
Looking closely at Metlife Inc (NYSE: MET), its last 5-days average volume was 2.2 million, which is a drop from its year-to-date volume of 3.29 million. As of the previous 9 days, the stock’s Stochastic %D was 13.72%. Additionally, its Average True Range was 1.35.
During the past 100 days, Metlife Inc’s (MET) raw stochastic average was set at 76.81%, which indicates a significant increase from 7.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.52% in the past 14 days, which was lower than the 21.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.71, while its 200-day Moving Average is $73.25. However, in the short run, Metlife Inc’s stock first resistance to watch stands at $83.95. Second resistance stands at $85.51. The third major resistance level sits at $86.47. If the price goes on to break the first support level at $81.43, it is likely to go to the next support level at $80.47. Now, if the price goes above the second support level, the third support stands at $78.91.
Metlife Inc (NYSE: MET) Key Stats
With a market capitalization of 57.70 billion, the company has a total of 711,123K Shares Outstanding. Currently, annual sales are 66,905 M while annual income is 1,578 M. The company’s previous quarter sales were 17,823 M while its latest quarter income was 946,000 K.
