Alert: Major Price Decline (4/2/24)-Humana Inc. (NYSE: HUM).

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Humana Inc. (NYSE: HUM) stock suffered a major decline of -13.4% on 4/2/24. The shares closed at $304.33. Moreover, trading volume in this decline was exceptionally high at 467% of normal. The stock has declined -12.7% during the last week and has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, HUM is expected to continue to be an important Value Builder.

Humana has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Humana has a neutral Appreciation Score of 47 but a poor Power Rating of 28, producing the Negative Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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