With over 0.42 million Sun Life Financial, Inc. (SLF) shares trading Friday and a closing price of $50.87 on the day, the dollar volume was approximately $21.57 million. The shares have shown a negative half year performance of -0.66% and its price on 12/22/23 gained nearly 0.24%. Currently, there are 586.40M common shares owned by the public and among those 583.94M shares have been available to trade.
An analysis of what Wall Street brokers have to say about the expected price targets for this stock gives us this picture: 13 analysts who have offered their price forecasts for SLF have a consensus price objective of $73.27. The analysts have set the share’s price value over the next 12 months at a high of $79.00 and a low of $66.00. The average price target is 5.2% above its recent price level and an upside to the estimated low will see the stock gain 22.92% over that period. But an upside of 35.61% will see the stock hit the forecast high price target while median target price for the stock is $73.00.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Shares of Sun Life Financial, Inc. (NYSE: SLF) opened at $50.81, up $0.06 from a prior closing price of $50.75. However, the script later moved the day high at 51.13, up 0.24%. The company’s stock has a 5-day price change of -0.45% and 2.42% over the past three months. SLF shares are trading 9.59% year to date (YTD), with the 12-month market performance up to 9.05% higher. It has a 12-month low price of $43.53 and touched a high of $53.21 over the same period. SLF has an average intraday trading volume of 718.91K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -0.50%, 3.47%, and 3.59% respectively.
Institutional ownership of Sun Life Financial, Inc. (NYSE: SLF) shares accounts for 49.79% of the company’s 586.40M shares outstanding.
It has a market capitalization of $29.72B and a beta (3y monthly) value of 1.01. The stock’s trailing 12-month PE ratio is 12.28, while the earnings-per-share (ttm) stands at $4.14. The company has a PEG of 3.05 and the debt-to-equity ratio at 0.27. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.36% over the week and 1.36% over the month.
Analysts forecast that Sun Life Financial, Inc. (SLF) will achieve an EPS of $1.19 for the current quarter, $1.21 for the next quarter and $5.04 for 2024. The lowest estimate earnings-per-share for the quarter is $1.14 while analysts give the company a high EPS estimate of $1.23. Comparatively, EPS for the current quarter was $1.25 a year ago. Earnings per share for the fiscal year are expected to decrease by -2.24%, and 7.13% over the next financial year. EPS should shrink at an annualized rate of 4.02% over the next five years, compared to 8.30% over the past 5-year period.
If you are looking to buy this stock, then you may note that the average analyst recommendation by 13 brokerage firm advisors rate Sun Life Financial, Inc. (SLF) as a “Moderate Buy” at a consensus score of 2.08. Specifically, 6 Wall Street analysts polled rate the stock as a buy, while 5 of the 13 advise that investors “hold,” and 0 rated it as a “Sell.”
