Market Analysts see Unum Group [UNM] gaining to $25. Time to buy?

Unum Group [NYSE: UNM] price surged by 5.46 percent to reach at $1.49. The company report on March 4, 2021 that Unum Appoints Ericka DeBruce as Chief Inclusion and Diversity Officer.

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Unum (NYSE: UNM), a leading provider of financial protection benefits in the U.S. and U.K., has appointed Ericka DeBruce as the company’s Chief Inclusion and Diversity Officer. She will report to Liz Ahmed, Executive Vice President of People and Communications.

DeBruce will apply her decades of experience to further drive strategic inclusion and diversity programs and initiatives across the enterprise. She will strive to make sure Unum’s culture and business approach empowers and enables all employees, regardless of their differences.

A sum of 4778906 shares traded at recent session while its average daily volume was at 2.45M shares. Unum Group shares reached a high of $28.90 and dropped to a low of $26.96 until finishing in the latest session at $28.79.

The one-year UNM stock forecast points to a potential downside of -16.84. The average equity rating for UNM stock is currently 3.10, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Unum Group [UNM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for UNM shares is $24.64 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on UNM stock is a recommendation set at 3.10. 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.

Evercore ISI have made an estimate for Unum Group shares, keeping their opinion on the stock as In-line, with their previous recommendation back on January 08, 2021. While these analysts kept the previous recommendation, Barclays raised their target price to Underweight. The new note on the price target was released on November 17, 2020, representing the official price target for Unum Group stock. On March 11, 2020, analysts decreased their price target for UNM shares from 19 to 18.

The Average True Range (ATR) for Unum Group is set at 1.07, with the Price to Sales ratio for UNM stock in the period of the last 12 months amounting to 0.42. The Price to Book ratio for the last quarter was 0.54, with the Price to Cash per share for the same quarter was set at 1.02. Price to Free Cash Flow for UNM in the course of the last twelve months was 22.56.

UNM Stock Performance Analysis:

Unum Group [UNM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.72. With this latest performance, UNM shares gained by 19.66% in over the last four-week period, additionally plugging by 54.12% over the last 6 months – not to mention a rise of 33.72% 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 UNM stock in for the last two-week period is set at 65.89, with the RSI for the last a single of trading hit 67.73, and the three-weeks RSI is set at 64.33 for Unum Group [UNM]. The present Moving Average for the last 50 days of trading for this stock 24.68, while it was recorded at 27.67 for the last single week of trading, and 20.11 for the last 200 days.

Insight into Unum Group Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Unum Group [UNM] shares currently have an operating margin of +8.85. Unum Group’s Net Margin is presently recorded at +6.02.

Return on Total Capital for UNM is now 8.40, given the latest momentum, and Return on Invested Capital for the company is 5.81. Return on Equity for this stock inclined to 7.61, with Return on Assets sitting at 1.28. When it comes to the capital structure of this company, Unum Group [UNM] has a Total Debt to Total Equity ratio set at 31.75. Additionally, UNM Total Debt to Total Capital is recorded at 24.10, with Total Debt to Total Assets ending up at 5.69. Long-Term Debt to Equity for the company is recorded at 31.52, with the Long-Term Debt to Total Capital now at 23.92.

Reflecting on the efficiency of the workforce at the company, Unum Group [UNM] managed to generate an average of $74,112 per employee.

UNM Stock EPS

With the latest financial reports released by the company, Unum Group posted 1.35/share EPS, while the average EPS was predicted by analysts to be reported at 1.38/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -2.20%. 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 UNM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Unum Group go to 1.37%.

Unum Group [UNM] Insider Position Details

There are presently around $4,927 million, or 88.80% of UNM stock, in the hands of institutional investors. The top three institutional holders of UNM stocks are: VANGUARD GROUP INC with ownership of 25,058,682, which is approximately 0.404% of the company’s market cap and around 0.70% of the total institutional ownership; FMR LLC, holding 18,204,507 shares of the stock with an approximate value of $524.11 million in UNM stocks shares; and BLACKROCK INC., currently with $465.46 million in UNM stock with ownership of nearly -4.618% of the company’s market capitalization.

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Positions in Unum Group stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 208 institutional holders increased their position in Unum Group [NYSE:UNM] by around 10,366,095 shares. Additionally, 219 investors decreased positions by around 15,561,354 shares, while 51 investors held positions by with 145,225,650 shares. The mentioned changes placed institutional holdings at 171,153,099 shares, according to the latest SEC report filing. UNM stock had 87 new institutional investments in for a total of 4,419,792 shares, while 45 institutional investors sold positions of 2,298,201 shares during the same period.

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