Voya Financial Inc. [NYSE: VOYA] gained 0.44% or 0.23 points to close at $52.54 with a heavy trading volume of 1411981 shares.
It opened the trading session at $52.56, the shares rose to $53.25 and dropped to $52.36, the range by which the price of stock traded the whole day. The daily chart for VOYA points out that the company has recorded 22.10% gains over the past six months. However, it is still -76.61% lower than its most recent low trading price.
If we look at the average trading volume of 1.18M shares, VOYA reached to a volume of 1411981 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Voya Financial Inc. [VOYA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VOYA shares is $60.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VOYA stock is a recommendation set at 1.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Voya Financial Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 01, 2020. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Overweight. The new note on the price target was released on August 18, 2020, representing the official price target for Voya Financial Inc. stock. Previously, the target price had yet another raise to $60, while Barclays analysts kept a Overweight rating on VOYA stock.
The Average True Range (ATR) for Voya Financial Inc. is set at 1.30, with the Price to Sales ratio for VOYA stock in the period of the last 12 months amounting to 1.03. The Price to Book ratio for the last quarter was 0.69, with the Price to Cash per share for the same quarter was set at 9.15. Price to Free Cash Flow for VOYA in the course of the last twelve months was 5.93.
Trading performance analysis for VOYA stock
Voya Financial Inc. [VOYA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.40. With this latest performance, VOYA shares gained by 14.34% in over the last four-week period, additionally plugging by 22.10% over the last 6 months – not to mention a drop of -3.76% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VOYA stock in for the last two-week period is set at 65.50, with the RSI for the last a single of trading hit 72.99, and the three-weeks RSI is set at 62.32 for Voya Financial Inc. [VOYA]. The present Moving Average for the last 50 days of trading for this stock 49.70, while it was recorded at 51.45 for the last single week of trading, and 49.09 for the last 200 days.
Voya Financial Inc. [VOYA]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Voya Financial Inc. [VOYA] shares currently have an operating margin of +13.56. Voya Financial Inc.’s Net Margin is presently recorded at +9.26.
Return on Total Capital for VOYA is now 7.77, given the latest momentum, and Return on Invested Capital for the company is 5.63. Return on Equity for this stock inclined to 8.12, with Return on Assets sitting at 0.44. When it comes to the capital structure of this company, Voya Financial Inc. [VOYA] has a Total Debt to Total Equity ratio set at 37.38. Additionally, VOYA Total Debt to Total Capital is recorded at 27.21, with Total Debt to Total Assets ending up at 2.07. Long-Term Debt to Equity for the company is recorded at 37.37, with the Long-Term Debt to Total Capital now at 27.20.
Reflecting on the efficiency of the workforce at the company, Voya Financial Inc. [VOYA] managed to generate an average of $119,167 per employee.
Voya Financial Inc. [VOYA]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Voya Financial Inc. posted 0.81/share EPS, while the average EPS was predicted by analysts to be reported at 1.4/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -42.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for VOYA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Voya Financial Inc. go to 26.08%.
An analysis of insider ownership at Voya Financial Inc. [VOYA]
There are presently around $7,028 million, in the hands of institutional investors. The top three institutional holders of VOYA stocks are: VANGUARD GROUP INC with ownership of 12,236,752, which is approximately -10.721% of the company’s market cap and around 0.10% of the total institutional ownership; FRANKLIN RESOURCES INC, holding 10,179,669 shares of the stock with an approximate value of $534.84 million in VOYA stocks shares; and BLACKROCK INC., currently with $412.58 million in VOYA stock with ownership of nearly -2.577% of the company’s market capitalization.
Positions in Voya Financial Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 168 institutional holders increased their position in Voya Financial Inc. [NYSE:VOYA] by around 10,932,526 shares. Additionally, 200 investors decreased positions by around 11,433,925 shares, while 47 investors held positions by with 111,398,823 shares. The mentioned changes placed institutional holdings at 133,765,274 shares, according to the latest SEC report filing. VOYA stock had 60 new institutional investments in for a total of 2,256,053 shares, while 45 institutional investors sold positions of 902,968 shares during the same period.