Humana Inc. (NYSE: HUM) has reported earnings for its first fiscal quarter (ending March 31) of $6.13 versus $9.91 for the same period a year ago. E.P.S. were $16.15 for the latest four quarters through March 31 versus $24.74 for the same period a year ago.
Recent Price Action
On 4/24/24, Humana Inc. (NYSE: HUM) stock declined by -3.7%, closing at $315.98. Moreover, exceptionally high trading volume at 213% of normal accompanied the decline. The stock is unchanged during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HUM is expected to continue to be a 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 22, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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