Aflac Inc. (AFL) is -0.47% away from 50-day simple Moving Average despite all headwinds

Aflac Inc. (NYSE: AFL) kicked off on Monday, up 0.04% from the previous trading day, before settling in for the closing price of $109.75. Over the past 52 weeks, AFL has traded in a range of $75.07-$115.50.

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A company in the Financial sector has dropped its sales by -2.82% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 8.76%. With a float of $503.54 million, this company’s outstanding shares have now reached $578.48 million.

In an organization with 12785 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.0%, operating margin of 33.3%, and the pretax margin is 32.55%.

Aflac Inc. (AFL) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Insurance – Life Industry. The insider ownership of Aflac Inc. is 10.09%, while institutional ownership is 60.83%. The most recent insider transaction that took place on Sep 27 ’24, was worth 6,063,750. Before that another transaction happened on Aug 21 ’24, when Company’s Former Officer proposed sale 5,496 for $105.10, making the entire transaction worth $577,630.

Aflac Inc. (AFL) Latest Financial update

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.84 earnings per share (EPS), higher than consensus estimate (set at 1.49) by 0.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.62 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.76% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.37% during the next five years compared to 15.60% growth over the previous five years of trading.

Aflac Inc. (NYSE: AFL) Trading Performance Indicators

Take a look at Aflac Inc.’s (AFL) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.19. Likewise, its price to free cash flow for the trailing twelve months is 19.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.45, a number that is poised to hit 1.68 in the next quarter and is forecasted to reach 7.13 in one year’s time.

Technical Analysis of Aflac Inc. (AFL)

Let’s dig in a bit further. During the last 5-days, its volume was 1.58 million. That was inferior than the volume of 2.22 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 14.67%. Additionally, its Average True Range was 1.65.

During the past 100 days, Aflac Inc.’s (AFL) raw stochastic average was set at 80.34%, which indicates a significant increase from 12.48% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.34% in the past 14 days, which was lower than the 17.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $110.31, while its 200-day Moving Average is $92.59. However, in the short run, Aflac Inc.’s stock first resistance to watch stands at $110.42. Second resistance stands at $111.05. The third major resistance level sits at $111.51. If the price goes on to break the first support level at $109.32, it is likely to go to the next support level at $108.86. The third support level lies at $108.23 if the price breaches the second support level.

Aflac Inc. (NYSE: AFL) Key Stats

The company with the Market Capitalisation of 61.49 billion has total of 568,222K Shares Outstanding. Its annual sales at the moment are 18,701 M in contrast with the sum of 4,659 M annual income. Company’s last quarter sales were recorded 5,138 M and last quarter income was 1,755 M.