Globe Life Inc (NYSE: GL) kicked off on Friday, up 3.29% from the previous trading day, before settling in for the closing price of $105.91. Over the past 52 weeks, GL has traded in a range of $38.95-$132.00.
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During the last 5-year period, the sales growth of Financial Sector giant was 4.84%. While this was happening, its average annual earnings per share was recorded 15.86%. With a float of $83.39 million, this company’s outstanding shares have now reached $84.28 million.
Let’s determine the extent of company efficiency that accounts for 3636 employees. In terms of profitability, gross margin is 93.21%, operating margin of 56.18%, and the pretax margin is 23.59%.
Globe Life Inc (GL) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Life Industry. The insider ownership of Globe Life Inc is 0.67%, while institutional ownership is 83.59%. The most recent insider transaction that took place on Dec 03 ’24, was worth 1,560,179. In this transaction Co-Chairman & CEO of this company sold 14,340 shares at a rate of $108.80, taking the stock ownership to the 16,396 shares. Before that another transaction happened on Dec 03 ’24, when Company’s Co-CEO proposed sale 16,250 for $110.04, making the entire transaction worth $1,788,150.
Globe Life Inc (GL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.86% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% 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
Take a look at Globe Life Inc’s (GL) 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 6.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.82, a number that is poised to hit 3.12 in the next quarter and is forecasted to reach 13.56 in one year’s time.
Technical Analysis of Globe Life Inc (GL)
Looking closely at Globe Life Inc (NYSE: GL), its last 5-days average volume was 1.36 million, which is a drop from its year-to-date volume of 1.46 million. As of the previous 9 days, the stock’s Stochastic %D was 74.03%. Additionally, its Average True Range was 3.05.
During the past 100 days, Globe Life Inc’s (GL) raw stochastic average was set at 76.01%, which indicates a significant decrease from 87.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.68% in the past 14 days, which was higher than the 24.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $108.05, while its 200-day Moving Average is $96.86. However, in the short run, Globe Life Inc’s stock first resistance to watch stands at $111.27. Second resistance stands at $113.14. The third major resistance level sits at $116.05. If the price goes on to break the first support level at $106.49, it is likely to go to the next support level at $103.58. Should the price break the second support level, the third support level stands at $101.71.
Globe Life Inc (NYSE: GL) Key Stats
The company with the Market Capitalisation of 9.48 billion has total of 83,945K Shares Outstanding. Its annual sales at the moment are 5,448 M in contrast with the sum of 970,760 K annual income. Company’s last quarter sales were recorded 1,455 M and last quarter income was 302,990 K.
