AFLAC Inc (NYSE: AFL) has reported earnings for its first fiscal quarter (ending March 31) of $3.27 versus $1.94 for the same period a year ago — an increase of 69%. This result exceeded the consensus estimate of $1.69 by $1.58. For the latest four quarters through March 31, E.P.S. were $9.10 compared to $7.27 a year ago — an increase of 25%.
Recent Price Action
AFLAC Inc (NYSE: AFL) stock closed at $84.57 on 5/1/24 after an increase of 1.1%. Trading volume in this advance was normal. The stock has risen 1.0% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
AFL is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
AFLAC has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. AFLAC has a poor Appreciation Score of 25 but a good Power Rating of 72, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment