Wall Street Analyst Initiated Aflac Incorporated [AFL]. What else is Wall St. saying

Aflac Incorporated [NYSE: AFL] traded at a high on 09/01/22, posting a 0.17 gain after which it closed the day’ session at $59.52. The company report on August 30, 2022 that My Special Aflac Duck® Joins Gabe on His Sickle Cell Journey.

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The results of the trading session contributed to over 2710792 shares changing hands. Over the past one week, the price volatility of Aflac Incorporated stands at 2.01% while the volatility over the past one month is 1.56%.

The market cap for AFL stock reached $38.46 billion, with 640.71 million shares outstanding and 573.16 million shares in the current float. Compared to the average trading volume of 2.33M shares, AFL reached a trading volume of 2710792 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Aflac Incorporated [AFL]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AFL shares is $61.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AFL stock is a recommendation set at 2.90. 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.

Citigroup have made an estimate for Aflac Incorporated shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 24, 2022. While these analysts kept the previous recommendation, Jefferies raised their target price to Hold. The new note on the price target was released on January 26, 2022, representing the official price target for Aflac Incorporated stock. Previously, the target price had yet another raise to $63, while Wolfe Research analysts kept a Peer Perform rating on AFL stock. On January 12, 2022, analysts increased their price target for AFL shares from 54 to 61.

The Average True Range (ATR) for Aflac Incorporated is set at 1.11, with the Price to Sales ratio for AFL stock in the period of the last 12 months amounting to 1.80. The Price to Book ratio for the last quarter was 1.45, with the Price to Cash per share for the same quarter was set at 8.01. Price to Free Cash Flow for AFL in the course of the last twelve months was 10.77.

How has AFL stock performed recently?

Aflac Incorporated [AFL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.37. With this latest performance, AFL shares gained by 0.86% in over the last four-week period, additionally sinking by -2.68% over the last 6 months – not to mention a rise of 5.64% 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 AFL stock in for the last two-week period is set at 44.45, with the RSI for the last a single of trading hit 35.34, and the three-weeks RSI is set at 48.79 for Aflac Incorporated [AFL]. The present Moving Average for the last 50 days of trading for this stock 58.24, while it was recorded at 60.15 for the last single week of trading, and 59.68 for the last 200 days.

Aflac Incorporated [AFL]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Aflac Incorporated [AFL] shares currently have an operating margin of +25.37. Aflac Incorporated’s Net Margin is presently recorded at +19.56.

Return on Equity for this stock inclined to 12.95, with Return on Assets sitting at 2.57.

Earnings analysis for Aflac Incorporated [AFL]

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 AFL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Aflac Incorporated go to -0.24%.

Insider trade positions for Aflac Incorporated [AFL]

There are presently around $25,184 million, or 60.30% of AFL stock, in the hands of institutional investors. The top three institutional holders of AFL stocks are: VANGUARD GROUP INC with ownership of 54,800,672, which is approximately 0.529% of the company’s market cap and around 0.10% of the total institutional ownership; JAPAN POST HOLDINGS CO., LTD., holding 52,300,000 shares of the stock with an approximate value of $3.11 billion in AFL stocks shares; and BLACKROCK INC., currently with $2.54 billion in AFL stock with ownership of nearly -6.525% of the company’s market capitalization.

Positions in Aflac Incorporated stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 498 institutional holders increased their position in Aflac Incorporated [NYSE:AFL] by around 14,057,086 shares. Additionally, 551 investors decreased positions by around 25,960,257 shares, while 233 investors held positions by with 383,100,512 shares. The mentioned changes placed institutional holdings at 423,117,855 shares, according to the latest SEC report filing. AFL stock had 86 new institutional investments in for a total of 2,250,532 shares, while 94 institutional investors sold positions of 1,935,071 shares during the same period.


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