Home Analyst Ratings Humana Inc. Upgraded to Outperform at RBC Capital

Humana Inc. [HUM] Upgraded to Outperform at RBC Capital

RBC Capital took its Humana Inc. [NYSE:HUM]‎‎ rating to the equivalent of Outperform from Sector ‎Perform, ‎and the price target ‎to $479 from $429, ‎in a research note dated January 4, 2021. That figure ‎represents around a 16.75% ‎premium ‎from ‎where the company’s shares closed on Thursday.‎ Some ‎new analysts also started their ‎coverage, with Bernstein’s analysts assigning the shares to “a Mkt ‎perform” rating in a research note ‎to investors issued in early October. Meanwhile, SVB Leerink had ‎launched its coverage on HUM with ‎‎”an Outperform”, in a research note produced for clients July 01, ‎‎2020. In addition, there was a ‎downgrade from Cowen on June 16, 2020. The rater changed HUM from ‎‎”an Outperform” to “a ‎Market perform”.

Get the hottest stocks to ‎trade every day before the ‎market opens 100% free. Click here now. ‎‎

Is ‎Humana Inc. [NYSE:HUM] a Good Buy Right Now?

It should be noted that HUM ‎technical ‎indicators for short, intermediate as well as long term progress have placed an overall ‎average of 8% as ‎Buy. The average signal changed from 8% Buy in the last week and compares with ‎‎40% Buy in the past ‎month. Data from Humana Inc.’s Trend Spotter indicated that the signals were ‎Weakest. The stock ‎current average is 0.82 million shares in the past 20 days and the short term ‎average signal indicates a ‎Hold. In the last 50 days, the average trading volume was 0.85 million shares ‎while the medium term ‎average advocated for Hold. The average long-term signal stands at 50% Buy ‎and the 100-day average ‎volume stands at 0.72 million shares.‎‎

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

HUM Price Performance

On ‎Wall Street, Humana Inc. [NYSE:HUM] finished Thursday’s ‎session up 1.02% at $410.27. The stock went ‎up to $411.01 at the same session while its lowest single ‎day price was $403.30. In the last five days, it ‎saw a rise of about 1.28%, Humana Inc. shares gained by ‎almost 11.94% since the beginning of the ‎year. However, the share price has dropped to as low as -‎‎13.57% below its one year high. On 11/04/20, ‎the company shares recorded $474.70, the highest ‎single-day price it has got to in the last 52-weeks ‎and a 52-week low was seen on 03/23/20, the same ‎year at $208.25. The company’s shares have ‎inclined by 12.95% in the past year. The 50-day SMA ‎achieved is $412.61 while the 200-day SMA is ‎‎$391.77. Volume gained to 0.56 million from 0.53 million in ‎the previous session.‎‎

Humana Inc. ‎‎[HUM] Valuation Measures

Notably, Humana Inc. [HUM] stock can be ‎classified as a good ‎candidate in the listing of underestimated low-priced Healthcare Plans companies ‎to purchase soonest ‎possible with the prevailing 12-month PE ratio of 13.15. The measure means the ‎stock is exchanging at ‎a discount as compared to the 16.72x trailing earnings of the industry. It can be ‎helpful for investors to ‎consider historical price-sales ratio, more specifically, a 0.72 PS value ratio is ‎reported for the last one ‎year of reported earnings. That is lower than the industry average of 0.73 ‎which means HUM serve an ‎attractive investment opportunity compared to its competitors.‎‎

HUM Stock Support And ‎Resistance Levels

On the 24-hour scale, the immediate backing is ‎perceived around 405.38 level, ‎and in case of violation of this particular level, it will cause more drop to ‎‎400.48 level. On the upper ‎level, 415.90 is still the key resistance. The stock may increase to the ‎subsequent resistance at 413.09. ‎The Relative Strength Index (RSI) pinned on the 14-day chart is 54.78, ‎implying a neutral technical ‎stance while the MACD stands at 9.97, meaning price will increase in the ‎next trading period. Percent R ‎indicator moved to 11.47%, implying bullish price movement. Stochastic ‎‎%K at 82.05% suggest selling ‎the stock.‎‎

What is the short interest in Humana Inc.?

Short interest in the Humana Inc. stock ‎has ‎surged, increasing by 0.54 million shares to total 1.46 million shares on Dec 14, 2020. The interest ‎had ‎seen shares on Nov 12, 2020 stand at 2.0 million, data from Yahoo Finance shows. The decrease of ‎‎-‎‎36.99% suggests the stock saw some decreased bullish sentiment. The stock’s days to cover ‎‎(short ‎ratio) moved to while the shorted shares account for just 1.10% of the overall float for the ‎stock.‎‎

Humana Inc.’s Biggest Shareholders: Who Owns Humana Inc. [HUM]?

Filings by ‎The ‎Vanguard Group, Inc. showed that the firm now holds a total of 9,636,081 shares or roughly 7.28% ‎of ‎the outstanding HUM shares. This means their shares have reduced by -106,066 from the ‎‎9,636,081 ‎the investor reportedly held in its prior 13-F filing. With the conclusion of the sale, T. Rowe ‎Price ‎Associates, Inc. updated stake is worth $3,737,933,805. Details in the latest 13F filings reveal ‎that ‎Fidelity Management & Research Co acquired their 3.49% stake valued at $2,992,819,214 ‎while ‎BlackRock Fund Advisors cut theirs at $2,598,574,561. During the last quarter, Fidelity ‎Management & ‎Research Co raised 251,745 of its shares in Humana Inc. while BlackRock Fund Advisors ‎sold -30,741 ‎shares. The SSgA Funds Management, Inc.’s holdings currently number 6,000,654 shares ‎at ‎‎$2461888316.58. According to the firm’s last 13F report, Wellington Management Co. LLP shares in ‎the ‎company at filing stood at 5,219,846 shares, roughly $2,090,652,720.‎‎

HUM Earnings Forecast ‎For The Current Quarter

Humana Inc. [HUM] is expected to report ‎weak earnings results for the ‎quarter ending on Dec 2020. Consensus estimates give the company ‎expected revenues of $18.8B and ‎an earnings per share of -$2.37 for Dec 2020. Looking further ahead, ‎the company is expected to ‎report revenue of $20.74B at an EPS of $5.84 for Mar 2021. The estimates ‎represent upside of 8.80% ‎and 16.14% in the company’s revenue and earnings per share, respectively, ‎on a year-on-year basis.‎‎‎

Get the hottest stocks to trade every day before the market ‎opens 100% ‎free. Click here now. 

HUM Earnings Estimates For The ‎Current ‎Year

For the financial year, Humana Inc. [NYSE:HUM] is expected to bring in revenue of ‎‎$76.02B. ‎The returns are nearly $11.13 billion higher than the company’s actual revenue recorded in ‎the fiscal ‎year 2019. In terms of EPS for the 2020, estimate put it at 18.67, higher than that of FY19 by ‎‎$0.8. ‎Estimates put this year’s earnings growth at 4.50%, 16.20% for the next, and at an annual 11.98% ‎over ‎the next 5-year period. As for sales, forecasts are for an increase of 17.20% in the current fiscal ‎year ‎and a further 8.80% over the following year.‎

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Torchlight Energy Resources Inc. (TRCH) stock surged during current market trading. Here’s to know why?

Torchlight Energy Resources Inc. (NASDAQ: TRCH) stock gained by 41.33% in the current market trading session. Torchlight Energy Resources is a vast growing oil...

The9 Ltd. (NCTY) stock declined during pre-market trading. Here’s the update

The9 Ltd. (NASDAQ: NCTY) stock plunged by 12% at the last close while the NCTY stock price fell by 7.03% during pre-market trading. The9...

The Dixie Group Inc. (DXYN) stock surged during pre-market trading given no recent news

The Dixie Group Inc. (NASDAQ: DXYN) stock gained by 11.55% in the pre-market trading session. However, there is no update available regarding this hike...

Why BancorpSouth Bank (BXS) stock plummeted on Friday?

BancorpSouth Bank (BXS) shares plummeted 9.39% in after-hours on Friday, June 18, 2021, and close the weekly business at $25.00 per share. Earlier, BXS's...

CureVac Inc. (CVAC) stock soar during pre-market trading. Here’s what you should know?

CureVac Inc. (NASDAQ: CVAC) stock declined by 38.99% at the last close while the CVAC stock price gains by 11.34% in the pre-market trading...

Anavex Inc. (AVXL) stock soars during pre-market trading. Let’s see why?

Anavex Inc. (AVXL) stock gained by 4.29% at the last close while the AVXL stock price surged by 12.38% in the pre-market trading session....

The9 Ltd. (NCTY) stock declined during pre-market trading. Here’s the update

The9 Ltd. (NASDAQ: NCTY) stock plunged by 12% at the last close while the NCTY stock price fell by 7.03% during pre-market trading. The9...

The Dixie Group Inc. (DXYN) stock surged during pre-market trading given no recent news

The Dixie Group Inc. (NASDAQ: DXYN) stock gained by 11.55% in the pre-market trading session. However, there is no update available regarding this hike...

Related News

Ocugen Inc. (NASDAQ:OCGN) stock plunged in the premarket trading session; here’s why

At last check Ocugen Inc. (OCGN) stock had plunged by-11.92% to $9.61 in premarket trading session. OCGN stock previously closed at $10.91 losing -12.79%....

KeyBanc reiterates Magna International [MGA] rating to Overweight and sets new price target at $86

KeyBanc maintained its Magna International rating to the equivalent of Overweight but changed the price target to $86.0 from $72, in a research...

Jefferies upgrades Medifast [MED] to Buy rating with a $265 price target

Jefferies took its Medifast rating to the equivalent of Buy from Hold, and the price target to $265.0 from $205, in a research...

American Eagle Outfitters [AEO] Upgraded to Outperform at RBC Capital

RBC Capital took its American Eagle Outfitters rating to the equivalent of Outperform from Sector Perform, and the price target to $30.0 from...

KeyBanc reiterates Nike [NKE] rating to Overweight and sets new price target at $180

KeyBanc maintained its Nike rating to the equivalent of Overweight but changed the price target to $180.0 from $174, in a research note...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam