In yesterday’s Wall Street session, Aflac Inc. (NYSE:AFL) shares traded at $79.05, up 1.20% from the previous session.
15 analysts cover Aflac Inc. (NYSE:AFL), according to research data. The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $86.00 and a low of $60.00, we find $78.50. Given the previous closing price of $78.11, this indicates a potential upside of 0.5 percent. AFL stock price is now 2.97% away from the 50-day moving average and 11.78% away from the 200-day moving average. The market capitalization of the company currently stands at $46.96B.
The stock has received a hold rating from 11 analysts and a buy rating from 2. Brokers who have rated the stock have averaged $77.49 as their price target over the next twelve months.
With the price target enhanced from $74 to $75, Morgan Stanley Downgraded its rating from Overweight to Equal-Weight for Aflac Inc. (NYSE: AFL).
In other news, MOSKOWITZ JOSEPH L, Director sold 500 shares of the company’s stock on Oct 02. The stock was sold for $38,235 at an average price of $76.47. Upon completion of the transaction, the Director now directly owns 26,598 shares in the company, valued at $2.1 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 21, EVP, CFO Aflac Japan Daniels James Todd sold 3,355 shares of the business’s stock. A total of $249,981 was realized by selling the stock at an average price of $74.51. This leaves the insider owning 60,274 shares of the company worth $4.76 million. Insiders disposed of 608,398 shares of company stock worth roughly $48.09 million over the past 1 year. A total of 9.95% of the company’s stock is owned by insiders.
On Wednesday morning Aflac Inc. (NYSE: AFL) stock kicked off with the opening price of $78.30. During the past 12 months, Aflac Inc. has had a low of $60.20 and a high of $82.03. According to the stock market information, the enterprise value for the company is $48.77B, which is based on a 10.59 price-to-earnings ratio, a 1.76 price-to-earnings-growth ratio, and a beta of 0.89. The fifty day moving average price for AFL is $76.77 and a two-hundred day moving average price translates $70.72 for the stock.
The latest earnings results from Aflac Inc. (NYSE: AFL) was released for Jun, 2023. The net profit margin was 24.48% and return on equity was 19.66% for AFL.
Aflac Inc.(AFL) Company Profile
Aflac Incorporated, through its subsidiaries, provides supplemental health and life insurance products. It operates in two segments, Aflac Japan and Aflac U.S. The Aflac Japan segment offers cancer, medical, nursing care, work leave, GIFT, and whole and term life insurance products, as well as WAYS and child endowment plans under saving type insurance products in Japan. The Aflac U.S. segment provides cancer, accident, short-term disability, critical illness, hospital indemnity, dental, vision, long-term care and disability, and term and whole life insurance products in the United States. It sells its products through sales associates, brokers, independent corporate agencies, individual agencies, and affiliated corporate agencies. The company was founded in 1955 and is headquartered in Columbus, Georgia.
