Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $35.58 on Unum Group (NYSE:UNM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $3.86 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Unum Group (NYSE:UNM) stands at 9.37.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Unum Group Common Stock, the PEG ratio for coming 3-5 years is 1.13.
The technical analysis highlights that Unum Group Common Stock current is trading $1.64 points away or +5.07% from its 50-day moving average of $32.36. Further it is trading $1.96 or +6.11% away its 200-day moving average of $32.04.
The 52-week high of Unum Group (NYSE:UNM) was $37.26 while lowest point recorded in 52-week was $23.99. It implies if stock price makes a movement of over $-3.26, it will record a new 52-week high. In the case of +41.73% drop, it will touch a new 52-week low.
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