Alert: Major Price Decline (10/1/24)-Humana Inc. (NYSE: HUM).

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On 10/1/24, Humana Inc. (NYSE: HUM) stock suffered a major decline of -11.8%, closing at $279.45. Moreover, trading volume in this decline was exceptionally high at 508% of normal. Relative to the market the stock has been weak over the last nine months and has declined -10.7% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, HUM is expected to continue to be a Value Builder.

Humana has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Humana has a neutral Appreciation Score of 52 and a neutral Power Rating of 40, triggering the Low Neutral Value Trend Rating.

Rating Review

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

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