Globe Life stock has undergone multiple analysts rating changes in the recent past. Globe Life Upgraded by Zacks Investment Research on 10-12-21. In a note to investors, the firm issued a new rating of Buy. The analysts previously had rating of Hold.
Shares of Globe Life traded up $0.50 on Tuesday, reaching $94.05. 0 shares of the stock traded hands, compared to its average volume of 365799. Shares of Globe Life were trading at $94.05 on Tuesday. The firm’s 50 day moving average is $93.16 and its 200 day moving average is $96.94.Globe Life has a 12 month low of $93.21 and a 12 month high of $108.22. While on yearly highs and lows, Globe Life’s today has traded high as $94.30 and has touched $93.21 on the downward trend. See More Analyst Rating at: RATING
Globe Life Earnings and What to expect:
Globe Life last released its quarterly earnings results on July 20th, 2021. The reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.03. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.25 billion. Its revenue for the quarter was up 7.6% on a year-over-year basis. Globe Life has generated $0.00 earnings per share over the last year ($7.31 diluted earnings per share) and currently has a price-to-earnings ratio of 12.9. Globe Life has confirmed that its next quarterly earnings report will be published on Wednesday, October 20th, 2021.
The P/E ratio of Globe Life is 12.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.76. The P/E ratio of Globe Life is 12.87, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 14.57. Globe Life has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Globe Life (NYSE:GL) Moving Average Technical Analysis
5 day Moving Average is $93.69 And 5 day price change is $2.45 (2.67%) with average volume for 5 day average is 365,200. While technical analysis for average 20 days shows significant difference, 20 day moving average is $90.69 and 20 day price change is $1.93 (2.10%) and average 20 day moving volume is 416,860. 50 day moving average is $93.16 and 50 day price change is $1.35 ( 1.46%) and with average volume for 50 days is : 334,794. 200 day moving average is $96.94 and 200 day price change is $1.18 (1.27%) and with average volume for 200 days is : 401,945.
Other owners latest trading in Globe Life :
- On 10/12/2021 shares held by IFG Advisory LLC were 18,915 which equates to market value of $1.68M and appx 0.20% owners of Globe Life
- On 10/7/2021 shares held by State of Alaska Department of Revenue were 14,363 which equates to market value of $1.28M and appx 0.00% owners of Globe Life
- On 10/6/2021 shares held by Leith Wheeler Investment Counsel Ltd. were 119,552 which equates to market value of $10.64M and appx 1.60% owners of Globe Life
- In total Institutional ownership equates to Institutional Ownership Percentage: 73.93% for Globe Life
See More Analyst Rating at: RATING