MetLife Inc. [MET] Is Currently -0.41 below its 200 Period Moving Avg: What Does This Mean?

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MetLife Inc. [NYSE: MET] price plunged by -0.41 percent to reach at -$0.27. The company report on September 18, 2023 at 8:00 AM that New Study Finds Limited Access to Legal Services Quells Overall Wellness and Productivity Among U.S. Employees.

MetLife’s Legal Access Study finds offering legal services improves holistic health of employees and bolsters Diversity, Equity & Inclusion (DEI) initiatives.

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As today’s workforce continues to navigate changing socioeconomic conditions and a complex legal landscape, research in a new study from MetLife Legal Plans found the interest for legal services is on the rise. According to MetLife’s Legal Access Study, more than two-thirds of today’s employees (67%) have faced a legal situation in the past five years—this is particularly true of those in marginalized and low-income groups.

A sum of 4142429 shares traded at recent session while its average daily volume was at 3.86M shares. MetLife Inc. shares reached a high of $66.98 and dropped to a low of $66.07 until finishing in the latest session at $66.09.

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The one-year MET stock forecast points to a potential upside of 16.26. The average equity rating for MET stock is currently 1.90, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on MetLife Inc. [MET]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for MET shares is $78.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on MET 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.

Jefferies have made an estimate for MetLife Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 14, 2023.

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The Average True Range (ATR) for MetLife Inc. is set at 1.10, with the Price to Sales ratio for MET stock in the period of the last 12 months amounting to 0.71. The Price to Book ratio for the last quarter was 1.67, with the Price to Cash per share for the same quarter was set at 20.41. Price to Free Cash Flow for MET in the course of the last twelve months was 4.20.

MET Stock Performance Analysis:

MetLife Inc. [MET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.61. With this latest performance, MET shares gained by 6.68% in over the last four-week period, additionally plugging by 12.92% over the last 6 months – not to mention a drop of -0.29% 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 MET stock in for the last two-week period is set at 67.56, with the RSI for the last a single of trading hit 70.50, and the three-weeks RSI is set at 65.22 for MetLife Inc. [MET]. The present Moving Average for the last 50 days of trading for this stock 62.65, while it was recorded at 66.07 for the last single week of trading, and 62.81 for the last 200 days.

Insight into MetLife Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and MetLife Inc. [MET] shares currently have an operating margin of +5.43. MetLife Inc.’s Net Margin is presently recorded at +3.63.

Return on Total Capital for MET is now 1.00, given the latest momentum, and Return on Invested Capital for the company is 3.88. Return on Equity for this stock inclined to 5.37, with Return on Assets sitting at 0.36. When it comes to the capital structure of this company, MetLife Inc. [MET] has a Total Debt to Total Equity ratio set at 69.14. Additionally, MET Total Debt to Total Capital is recorded at 40.88, with Total Debt to Total Assets ending up at 2.80. Long-Term Debt to Equity for the company is recorded at 68.49, with the Long-Term Debt to Total Capital now at 40.50.

Reflecting on the efficiency of the workforce at the company, MetLife Inc. [MET] managed to generate an average of $56,422 per employee.


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 MET. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for MetLife Inc. go to 9.40%.

MetLife Inc. [MET] Institutonal Ownership Details

The top three institutional holders of MET stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in MET stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in MET stock with ownership which is approximately 5.7381%.

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