Metlife Inc [NYSE: MET] jumped around 2.59 points on Thursday, while shares priced at $85.19 at the close of the session, up 3.14%.
Compared to the average trading volume of 3.15M shares, MET reached a trading volume of 3677886 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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What do top market gurus say about 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 $94.23 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 1.61. 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.
TD Cowen have made an estimate for Metlife Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 09, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Overweight. The new note on the price target was released on September 05, 2024, representing the official price target for Metlife Inc stock. Previously, the target price had yet another raise to $80, while Goldman analysts kept a Buy rating on MET stock.
The Average True Range (ATR) for Metlife Inc is set at 1.71, with the Price to Sales ratio for MET stock in the period of the last 12 months amounting to 0.83. The Price to Book ratio for the last quarter was 1.91. Price to Free Cash Flow for MET in the course of the last twelve months was 3.76.
How has MET stock performed recently?
Metlife Inc [MET] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.14. With this latest performance, MET shares gained by 1.26% in over the last four-week period, additionally plugging by 18.90% over the last 6 months – not to mention a rise of 36.85% 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 61.90, with the RSI for the last a single of trading hit 67.36, and the three-weeks RSI is set at 59.72 for Metlife Inc [MET]. The present Moving Average for the last 50 days of trading for this stock 82.27, while it was recorded at 83.42 for the last single week of trading, and 74.51 for the last 200 days.
Metlife Inc [MET]: Deeper insight into the fundamentals
Metlife Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 4.17.
Earnings analysis for Metlife Inc [MET]
With the latest financial reports released by the company, Metlife Inc posted 1.83/share EPS, while the average EPS was predicted by analysts to be reported at 1.9/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.07. 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 13.14%.
Insider trade positions for Metlife Inc [MET]
There are presently around $75.48%, or 90.31%% of MET stock, in the hands of institutional investors. The top three institutional holders of MET stocks are: VANGUARD GROUP INC with ownership of 58.56 million shares, which is approximately 8.0975%. DODGE & COX, holding 56.35 million shares of the stock with an approximate value of $$3.96 billion in MET stocks shares; and DODGE & COX, currently with $$3.34 billion in MET stock with ownership which is approximately 6.5703%.
