Wall Street Analyst Downgrade Manulife Financial Corporation [MFC]. What else is Wall St. saying

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Manulife Financial Corporation [NYSE: MFC] gained 0.24% or 0.05 points to close at $20.63 with a heavy trading volume of 4269422 shares. The company report on January 11, 2022 that Manulife Investment Management Announces New Mutual Fund Bundle: Manulife’s Smart Balanced Dividend ETF Bundle.

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945.


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Manulife Investment Management is introducing Manulife Smart Balanced Dividend ETF Bundle available both on the mutual fund and segregated fund platforms. This bundle builds on Manulife Investment Management’s Exchange Traded Funds (ETF) lineup, offering investors and advisors another opportunity to diversify portfolios at an attractive price, while providing greater access, choice, and flexibility.

The daily chart for MFC points out that the company has recorded 7.90% gains over the past six months.

If we look at the average trading volume of 3.43M shares, MFC reached to a volume of 4269422 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 Manulife Financial Corporation [MFC]:

CIBC have made an estimate for Manulife Financial Corporation shares, keeping their opinion on the stock as Sector Underperform, with their previous recommendation back on December 16, 2021. The new note on the price target was released on August 10, 2021, representing the official price target for Manulife Financial Corporation stock.

The Average True Range (ATR) for Manulife Financial Corporation is set at 0.33, with the Price to Sales ratio for MFC stock in the period of the last 12 months amounting to 0.89. The Price to Book ratio for the last quarter was 1.05, with the Price to Cash per share for the same quarter was set at 9.12. Price to Free Cash Flow for MFC in the course of the last twelve months was 2.47.

Trading performance analysis for MFC stock

Manulife Financial Corporation [MFC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.69. With this latest performance, MFC shares gained by 11.63% in over the last four-week period, additionally plugging by 7.90% over the last 6 months – not to mention a rise of 7.79% 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 MFC stock in for the last two-week period is set at 73.59, with the RSI for the last a single of trading hit 83.24, and the three-weeks RSI is set at 66.46 for Manulife Financial Corporation [MFC]. The present Moving Average for the last 50 days of trading for this stock 19.23, while it was recorded at 20.31 for the last single week of trading, and 19.92 for the last 200 days.

Manulife Financial Corporation [MFC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Manulife Financial Corporation [MFC] shares currently have an operating margin of +10.96. Manulife Financial Corporation’s Net Margin is presently recorded at +7.56.

Return on Total Capital for MFC is now 13.08, given the latest momentum, and Return on Invested Capital for the company is 9.25. Return on Equity for this stock inclined to 11.57, with Return on Assets sitting at 0.73. When it comes to the capital structure of this company, Manulife Financial Corporation [MFC] has a Total Debt to Total Equity ratio set at 26.74. Additionally, MFC Total Debt to Total Capital is recorded at 21.10, with Total Debt to Total Assets ending up at 1.68. Long-Term Debt to Equity for the company is recorded at 28.84, with the Long-Term Debt to Total Capital now at 21.10.

Reflecting on the efficiency of the workforce at the company, Manulife Financial Corporation [MFC] managed to generate an average of $158,676 per employee.

Manulife Financial Corporation [MFC]: An earnings per share (EPS) analysis

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 MFC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Manulife Financial Corporation go to 13.80%.

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