Bank of America Raises Unum Group Price Target to 63.00
UNM Stock | USD 77.07 0.86 1.13% |
About 66 percent of all Unum's investors are curious in acquiring. The analysis of the overall prospects from investing in Unum Group suggests that many traders are, at the present time, confidant. Unum's investing sentiment overview a quick insight into current market opportunities from investing in Unum Group. Many technical investors use Unum Group stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Unum |
Unum Group had its price objective boosted by stock analysts at Bank of America from 54.00 to 63.00 in a report issued on Thursday, Benzinga reports. The firm presently has a neutral rating on the financial services providers stock. Bank of Americas target price indicates a potential upside of 2.71 percent
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Unum Group Current Investor Sentiment
Panic Vs Confidence
66
Panic | Confidence |
Today, several news technology companies offer sentiment data to assist traders in manufacturing news sentiment indicators for investment decisions. We partner with these technology firms in helping retail investors build forecasting models that use Unum's input sentiment indicators derived from textual data and news published on major financial information outlets and social sites. These indicators can be used to analyze time-dependent numerical information representing public perception toward Unum Group.
News SentimentBullish | Hype SentimentBullish | Insider SentimentDisposing |
Unum Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Unum can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Unum Group Historical Investor Sentiment
Investor biases related to Unum's public news can be used to forecast risks associated with an investment in Unum. The trend in average sentiment can be used to explain how an investor holding Unum can time the market purely based on public headlines and social activities around Unum Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Unum's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Unum and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Unum news discussions. The higher the estimate score, the more favorable the investor's outlook on Unum.
Unum Fundamental Analysis
We analyze Unum's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unum using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unum based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Unum is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Unum Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Unum stock to make a market-neutral strategy. Peer analysis of Unum could also be used in its relative valuation, which is a method of valuing Unum by comparing valuation metrics with similar companies.
Peers
Unum Related Equities
FG | FG Annuities | 1.46 | ||||
PUK | Prudential Public | 1.43 | ||||
MET | MetLife | 0.56 | ||||
PRU | Prudential Financial | 0.32 | ||||
LNC | Lincoln National | 0.25 | ||||
GL | Globe Life | 0.24 | ||||
JXN-PA | Jackson Financial | 0.15 | ||||
MFC | Manulife Financial | 0.13 | ||||
AFL | Aflac Incorporated | 0.07 | ||||
BHF | Brighthouse Financial | 0.17 | ||||
JXN | Jackson Financial | 2.25 |
Check out Unum Hype Analysis, Unum Correlation and Unum Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Is Life & Health Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Unum. If investors know Unum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Unum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.392 | Dividend Share 1.57 | Earnings Share 9.21 | Revenue Per Share 67.014 | Quarterly Revenue Growth 0.04 |
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unum's market value can be influenced by many factors that don't directly affect Unum's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.