However, Morgan Stanley boosted its target price on Humana from $620.00 to $637.00 in April and gave them an “overweight” rating, with Deutsche Bank Aktiengesellschaft also increasing its target from $562.00 to $568.00 that same month. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. You can find your newly purchased Humana stock in your portfolio—alongside the rest of your stocks, ETFs, crypto, treasuries, and alternative assets. Although the revenue and EPS for Humana (HUM) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates… From a big-time patent settlement between Merck & Co. and Bristol-Myers Squibb, to Johnson & Johnson’s earnings, to Aetna and Humana’s $37 billion merger bust, we dive into the details behind last week’s biggest healthcare stories.

• Home prices in China fell, with prices 0.2% lower year-on-year, compared to a 0.8% decline seen in the previous month, according to Reuters’ calculations.
• The CenterWell segment represents payor-agnostic healthcare services offerings, including pharmacy dispensing services, provider services, and home services.
• The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets.
• Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
• The correct conclusion is that neither Dow average, by itself, is a good leading indicator of the overall market.

A whale with a lot of money to spend has taken a noticeably bearish stance on Humana. Looking at options history for Humana HUM we detected 10 strange trades…. Provides a general description of the business conducted by this company. A thumbnail of a daily chart is provided, with a link to open and customize a full-sized chart.

Though the specific rules of how to apply the Dow Theory are beyond the scope of this column, I note that Dow theorists interpret the rules differently. Might the existence of a divergence between the two Dow averages itself have significance? Larger positive or negative divergences between the two indexes were not correlated with bigger or smaller subsequent gains or losses in the overall U.S. market. Many market experts believe that divergences between different sectors reveal a lot about the underlying health of the market. But not everyone agrees on what those separations mean. Indexes in China fell, while Japan’s Nikkei 225 gained 0.8% to top for the first time since 2021.

The average brokerage recommendation (ABR) for Humana (HUM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric… Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. An earnings beat and an encouraging piece of guidance didn’t make the share price pop. An investment in this health insurer has crushed the broader market over the past 10 years.

Molina Healthcare (MOH) Beats on Q1 Earnings, Ups ’23 EPS View

Home prices in China fell, with prices 0.2% lower year-on-year, compared to a 0.8% decline seen in the previous month, according to Reuters’ calculations. In addition to tracking any updates on debt ceiling negotiations, investors will watch for data on housing starts and building permits on Wednesday. Nothing on this website should be considered personalized financial advice. Any investments recommended here in should be made only after consulting with your personal investment advisor and only after performing your own research and due diligence, including reviewing the prospectus or financial statements of the issuer of any security. Over the last nine years, Elaine has managed investment portfolio using fundamental analysis and value investing, emphasizing long-term time horizons. Analysts like Humana more than other Medical companies.

The two-year Treasury yield bucked the trend, rising to 4.080%, from 4.072%. The Dow ended the trading session below a key threshold on Tuesday. Singapore’s total trade fell to SG$100.3 billion in April, a 18.8% year-on-year drop and extending the 8.6% decrease in March. The White House said Tuesday that Biden has directed staff to meet daily on outstanding issues.

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About Humana (HUM)

For the current quarter, the company said to expected between $2 and $2.06 in earnings per share for the current quarter, while analysts forecasted $1.96. Keysight guided revenue for the quarter to come in between $1.37 billion and $1.39 billion, a range that contains Wall Street’s consensus estimate of $1.38 billion. Stocks and ETFs.Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC.

Humana Inc. has recently released its quarterly earnings report, announcing that it had beaten the consensus estimate of $9.25 with $9.38 earnings per share (EPS) for the quarter. The insurance provider had revenue of $26.74 billion during this period, which was up 11.6% compared to the same time last year, and delivered a return on equity of 21.04% with a net margin of 3.26%. These impressive figures were reflected in the company’s shares, which rose from $410.87 to a high of $571.30 over the past 52 weeks. Humana Inc. engages in the provision of health insurance services. It operates through the Insurance and CenterWell segments. The CenterWell segment represents payor-agnostic healthcare services offerings, including pharmacy dispensing services, provider services, and home services.

After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Target traded more than 2% lower in the premarket after the retailer reported total revenue of $25.32 billion for the first quarter, which represented year-over-year growth of just 1%. To be sure, that revenue figure, along with the company’s earnings per share, exceeded analyst expectations. In its fiscal second quarter, the company reported $2.12 in earnings per share without items and $1.39 billion in revenue.

Humana Q1 EPS $9.87 vs. $7.29 a year ago

None of this means there is no significance to the current divergence between the Dow transports and the Dow industrials. The correct conclusion is that neither Dow average, by itself, is a good leading indicator of the overall market. I found that neither Dow average was a consistently good leading indicator. In some decades, one or other of the Dow averages was positively correlated with the S&P 500’s subsequent return, and in other decades one or both were inversely correlated. The net result was that no correlation over the entire period met traditional standards of statistical significance.

The president also canceled the second leg of an upcoming international trip given the negotiations, the White House said. House Speaker Kevin McCarthy said that a “better process” is now in place for further talks. He also said that it’s “possible to get a deal by the end of the week.” Humana Inc. closed $48.80 below its 52-week high ($571.30), which the company reached on November 3rd.

The Barchart Technical Opinion rating is a 56% Buy with a Weakening short term outlook on maintaining the current direction. HUM earnings call for the period ending December 31, 2020. HUM earnings call for the period ending March 31, 2021.

The consensus rating for Humana is Moderate Buy while the average consensus rating for medical companies is Buy. Sign-up to receive the latest news and ratings for HUM and its competitors with MarketBeat’s FREE daily newsletter. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment.

By comparison, analysts polled by FactSet expected $1.96 per share and revenue to come in slightly lower at $1.38 billion. This bullish outlook was also supported by several other brokerages, despite some downgrades in price targets earlier this year. Stephens reduced their target from $625.00 to $590.00 and issued an “overweight” rating for Humana in February, while Cowen lowered their target from $647.00 to $581.00 and maintained an “outperform” rating on the stock that same month.

All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns. The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Disappointing quarterly revenue and a lower forecast for full-year performance from Dow member Home Depot also soured investor sentiment in Tuesday’s session. On the economic front, April retail sales were weaker than anticipated by economists polled by Dow Jones.

The Company offers coordinated health insurance coverage and related services through a variety of traditional and consumer-choice plans for government-sponsored programs, employer groups, and individuals. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Their rationale is that the transportation sector is a good leading indicator of the stock market. And this rationale does seem plausible, since transportation stocks, especially those of freight transportation companies, should be among the first to weaken when the economy begins to lose steam — earlier even than industrial stocks.

Humana Company Info

Stock futures rose Wednesday as investors awaited news of developments in the negotiations between congressional leaders and President Joe Biden on the U.S. debt ceiling. The accompanying chart illustrates this market history. As you can see, both Dow averages tend to rise and fall in fairly close lockstep with the S&P 500. PacWest Bancorp and and Western Alliance Bancorp led gains, while others such as Comerica and Zions Bancorporation also rose.

The 50-day moving average is a short-term technical indicator of where an asset or an index is trading. A close below that level may signal a potential change toward the downside. © 2023 Market data provided is at least 10-minutes delayed https://business-oppurtunities.com/the-work-at-home-revolution/ and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer.

Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.

• For the current quarter, the company said to expected between $2 and $2.06 in earnings per share for the current quarter, while analysts forecasted $1.96.
• On the economic front, April retail sales were weaker than anticipated by economists polled by Dow Jones.
• Stocks and ETFs.Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC.
• Please see Open to the Public Investing’s Fee Schedule to learn more.
• Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.

The Dow led the major indexes down with a 1% drop, followed by the S&P 500 and Nasdaq Composite with respective losses of about 0.6% and 0.2%. Tuesday’s “meeting between President Biden and House Speaker McCarthy went as well as could have reasonably been hoped for,” wrote Citi chief U.S. economist Andrew Hollenhorst, in a note. “We continue to expect a long-term debt ceiling deal.” Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch Automation brings you the latest, most pertinent content at record speed and with unparalleled accuracy.