-
1 Comment
Globe Life Inc is currently in a long term downtrend where the price is trading 4.2% below its 200 day moving average.
From a valuation standpoint, the stock is 75.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.2.
Globe Life Inc's total revenue rose by 8.1% to $1B since the same quarter in the previous year.
Its net income has increased by 9.2% to $204M since the same quarter in the previous year.
Finally, its free cash flow fell by 444.4% to $-1B since the same quarter in the previous year.
Based on the above factors, Globe Life Inc gets an overall score of 3/5.
ISIN | US37959E1029 |
---|---|
CurrencyCode | USD |
Exchange | NYSE |
Industry | Insurance-Life |
Sector | Financial Services |
Target Price | 129.13 |
---|---|
Market Cap | 10B |
PE Ratio | 14.34 |
Beta | 0.8 |
Dividend Yield | 0.8% |
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products, and annuities to lower middle to middle income households in the United States. The company operates through four segments: Life Insurance, Supplemental Health Insurance, Annuities, and Investments. It offers whole, term, and other life insurance products; Medicare supplement and supplemental health insurance products, such as critical illness and accident plans; and single-premium and flexible-premium deferred annuities. The company was formerly known as Torchmark Corporation and changed its name to Globe Life Inc. in August 2019. Globe Life Inc. was incorporated in 1979 and is headquartered in McKinney, Texas.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for GL using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024