On Friday, Globe Life Inc (NYSE: GL) was 0.90% up from the session before settling in for the closing price of $117.24. A 52-week range for GL has been $38.95 – $132.00.
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A company in the Financial sector has jumped its sales by 4.75% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 15.43%. With a float of $83.37 million, this company’s outstanding shares have now reached $84.28 million.
In an organization with 3636 employees, it is important to assess its efficiency. 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 Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Globe Life Inc stocks. The insider ownership of Globe Life Inc is 0.68%, while institutional ownership is 83.08%. The most recent insider transaction that took place on Jan 06 ’25, was worth 1,513,686. In this transaction Co-Chairman & CEO of this company sold 13,448 shares at a rate of $112.56, taking the stock ownership to the 18,948 shares. Before that another transaction happened on Jan 06 ’25, when Company’s SVP & Chief Accounting Officer sold 1,500 for $112.32, making the entire transaction worth $168,487. This insider now owns 1,820 shares in total.
Globe Life Inc (GL) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.22 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.43% 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
You can see what Globe Life Inc (GL) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73. Likewise, its price to free cash flow for the trailing twelve months is 7.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 11.82, a number that is poised to hit 3.11 in the next quarter and is forecasted to reach 13.58 in one year’s time.
Technical Analysis of Globe Life Inc (GL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.44 million. That was inferior than the volume of 0.58 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 94.83%. Additionally, its Average True Range was 2.58.
During the past 100 days, Globe Life Inc’s (GL) raw stochastic average was set at 96.93%, which indicates a significant increase from 94.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 16.49% in the past 14 days, which was lower than the 23.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $109.60, while its 200-day Moving Average is $96.44. However, in the short run, Globe Life Inc’s stock first resistance to watch stands at $119.31. Second resistance stands at $120.32. The third major resistance level sits at $121.73. If the price goes on to break the first support level at $116.89, it is likely to go to the next support level at $115.48. Assuming the price breaks the second support level, the third support level stands at $114.47.
Globe Life Inc (NYSE: GL) Key Stats
There are 83,945K outstanding shares of the company, which has a market capitalization of 9.93 billion. As of now, sales total 5,448 M while income totals 970,760 K. Its latest quarter income was 1,455 M while its last quarter net income were 302,990 K.
