Aetna Inc. (NYSE:AET) jumped 1.63 percent and ended the day at $134.11. The Average Volume of the company is 3.08 Million and P/E (price to earnings) ratio is 20.92, while Forward P/E ratio is 13.71.
Leerink Partners Downgrade its coverage for Aetna Inc. (NYSE:AET) in a note sent to investors on 24-Jan-17. The research firm Downgrade the stock to Mkt Perform. Moreover, Piper Jaffray issued Initiated rating for the stock on 4-Jan-17. Bernstein also Downgrade the company to Mkt Perform on 14-Nov-16, 2016. Additionally, Credit Suisse Upgrade its ratings on the stock to Outperform.
The highest price AET stock touched in the last 12 month was $136.5 and the lowest price it hit in the same period was $104.59. The stock has a Return on Assets of 3.4 percent, Return on Investment of 7.4 percent and a Return on Equity of 12.9 percent. The company’s market cap is $47.17 Billion.
Aetna Inc. (NYSE:AET)’s growth estimate is 2.2 percent for the current quarter. The growth estimate for the next quarter is 7.7 percent. The company’s stock has climbed 11.99 percent in the past five year. The company is expected to grow by 13.74 percent over the next five years.
Price Target is an important factor while doing analysis of a stock. According to 16 analysts, Price Target for Aetna Inc. (NYSE:AET) may hit a high of $154. The average and low price target for the stock are $138.25 and $105, respectively.
Now we look at the Moving Averages, the 200-day is 11.96, the 50-day is 7.59 and the 20-day is 3.36. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading.
Looking forward, the company is expected to report earnings of $2.35 per share for the current quarter. Revenue is expected in between 16.34 Billion and 14.84 Billion with an average of 15.46 Billion.
When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 4. Out of 20 brokerage recommendations, 4 gave a Strong Buy, 8 issued a Buy, 8 issued Hold, 0 rated Under-perform and 0 issued a Sell.
Aetna Inc. (NYSE:AET) performance during the last one year Improved 19.85 percent, while its year to date (YTD) performance showed a Positive trend of 8.36 percent. The stock Jumped 18.15 percent over the past six months. The stock’s quarterly performance indicates a Positive momentum of 4.77 percent, whereas its last one month trend is Optimistic with 9.88 percent. Its weekly performance showed a upward trend of 1.82 percent.
Profitability analysis helps a great deal in making investment decision. Net profit margin of the company was recorded at 3.6 percent, operating profit margin was 7.3 percent, whereas gross profit margin stands at 0 percent. Beta factor was calculated at 0.59.
Aetna Inc. (NYSE:AET) has 350.93 Million shares outstanding and 348.86 Million shares were floated in market. The short ratio in the company’s stock is documented at 5.1 and the short float is around of 4.5%. The stock’s average true range of stands at 1.91, while the relative strength index is 67.94.
Liquidity ratios helps investors to determine a company’s ability to pay off its debts. For the most recent quarter, quick ratio was 0, current ratio was 0, LT Debt/Equity ratio was 1.06 and Total Debt/Equity ratio was 1.16.