Metlife Inc (NYSE: MET) on Friday, soared 0.01% from the previous trading day, before settling in for the closing price of $78.42. Within the past 52 weeks, MET’s price has moved between $58.89 and $86.94.
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A company in the Financial sector has dropped its sales by -0.28% annually for the last half of the decade. The company achieved an average annual earnings per share of 16.33%. With a float of $584.86 million, this company’s outstanding shares have now reached $730.82 million.
In an organization with 45000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.0%, operating margin of 7.41%, and the pretax margin is 7.26%.
Metlife Inc (MET) Insider and Institutional Ownership
Observing investor behavior towards Insurance – Life industry stocks is more important than anything else. The insider ownership of Metlife Inc is 16.49%, while institutional ownership is 75.49%. The most recent insider transaction that took place on Oct 28 ’24, was worth 39,053. Before that another transaction happened on Oct 22 ’24, when Company’s Affiliate proposed sale 29 for $84.84, making the entire transaction worth $2,460.
Metlife Inc (MET) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.93 earnings per share (EPS) for the period topping the consensus outlook (set at 1.89) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.17 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.14% during the next five years compared to -18.10% drop over the previous five years of trading.
Metlife Inc (NYSE: MET) Trading Performance Indicators
Metlife Inc (MET) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.77. Likewise, its price to free cash flow for the trailing twelve months is 3.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.96, a number that is poised to hit 2.28 in the next quarter and is forecasted to reach 9.73 in one year’s time.
Technical Analysis of Metlife Inc (MET)
Let’s dig in a bit further. During the last 5-days, its volume was 3.72 million. That was better than the volume of 3.3 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.75%. Additionally, its Average True Range was 1.70.
During the past 100 days, Metlife Inc’s (MET) raw stochastic average was set at 56.66%, which indicates a significant increase from 21.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.58% in the past 14 days, which was higher than the 23.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $80.52, while its 200-day Moving Average is $73.57. However, in the short run, Metlife Inc’s stock first resistance to watch stands at $79.36. Second resistance stands at $80.29. The third major resistance level sits at $80.85. If the price goes on to break the first support level at $77.87, it is likely to go to the next support level at $77.31. The third support level lies at $76.38 if the price breaches the second support level.
Metlife Inc (NYSE: MET) Key Stats
Market capitalization of the company is 54.93 billion based on 700,325K outstanding shares. Right now, sales total 66,905 M and income totals 1,578 M. The company made 17,823 M in profit during its latest quarter, and 946,000 K in sales during its previous quarter.
