Let’s look at the key reasons that are pushing Unum Group (UNM) to new highs

On Tuesday, Unum Group (NYSE: UNM) opened higher 1.23% from the last session, before settling in for the closing price of $64.08. Price fluctuations for UNM have ranged from $41.86 to $64.97 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 1.53%. Company’s average yearly earnings per share was noted 11.50% at the time writing. With a float of $181.04 million, this company’s outstanding shares have now reached $193.37 million.

Considering the fact that the conglomerate employs 10812 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 96.98%, operating margin of 5.63%, and the pretax margin is 17.47%.

Unum Group (UNM) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Insurance – Life industry is another important factor to consider. The insider ownership of Unum Group is 0.86%, while institutional ownership is 89.95%. The most recent insider transaction that took place on Oct 31 ’24, was worth 320,800. In this transaction EVP, People & Communications of this company sold 5,000 shares at a rate of $64.16, taking the stock ownership to the 58,741 shares. Before that another transaction happened on Oct 31 ’24, when Company’s Officer proposed sale 5,000 for $64.16, making the entire transaction worth $320,800.

Unum Group (UNM) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.79 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.87) by -0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 11.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.00% during the next five years compared to 22.26% growth over the previous five years of trading.

Unum Group (NYSE: UNM) Trading Performance Indicators

Check out the current performance indicators for Unum Group (UNM). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 11.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 9.24, a number that is poised to hit 2.14 in the next quarter and is forecasted to reach 9.02 in one year’s time.

Technical Analysis of Unum Group (UNM)

Compared to the last year’s volume of 1.24 million, its volume of 1.8 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 83.40%. Additionally, its Average True Range was 1.09.

During the past 100 days, Unum Group’s (UNM) raw stochastic average was set at 99.40%, which indicates a significant increase from 97.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.07% in the past 14 days, which was higher than the 21.46% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $59.38, while its 200-day Moving Average is $53.47. Nevertheless, the first resistance level for the watch stands at $65.23 in the near term. At $65.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.22. If the price goes on to break the first support level at $64.24, it is likely to go to the next support level at $63.62. Now, if the price goes above the second support level, the third support stands at $63.25.

Unum Group (NYSE: UNM) Key Stats

There are currently 182,612K shares outstanding in the company with a market cap of 11.85 billion. Presently, the company’s annual sales total 12,386 M according to its annual income of 1,284 M. Last quarter, the company’s sales amounted to 3,217 M and its income totaled 645,700 K.