What to Watch When Humana Inc. [HUM] Reports Quarterly Earnings

Earnings from Humana Inc. [HUM] are scheduled on April 28, 2021, before the market opens. It is expected that the company will report strong earnings for the quarter ending Mar 2021.


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HUM Stock Earnings Outlook For The Current Quarter

The consensus estimates for the quarter suggest that the company would earn $7.07 per share on revenue of $20.52B. Taking a look at the future, the company is projected to report revenue of $20.65B at an earnings per share of $6.82 for the Jun 2021 quarter. The estimates represent year-over-year improvements of 9.90% in revenue and 14.46% in earnings per share for the company.

HUM Stock Earnings Forecast For The Current Year

For the full financial year, Humana Inc. [NYSE:HUM] is forecasted to generate revenue of $81.79B. The figure is about $5.99 billion above what the company actually reported for the fiscal year 2020. In terms of EPS, it is estimated to be $21.54 in 2021, which is $2.79 higher than the figure in FY20. Based on current estimates, earnings are expected to grow 14.90% this year, 14.40% next year, and 12.28% annually over the next five years. With regard to sales, forecasts suggest an incline of 7.90% in current fiscal year and 9.90% over following year.

HUM Stock Price Performance

At the close of Tuesday’s session, Humana Inc. [NYSE:HUM] finished up 0.60% at $448.80. The stock’s highest single-day price was $450.2488, and its lowest was $441.25. Its price rose 1.31% in the last five days. Since the beginning of the year, Humana Inc.’s shares are up nearly 9.39%. However, the share price is -5.46% below its one year high. The top price reached by the shares of the company was $451.61 on 04/26/21, while the 52-week low came on 02/16/21, when the shares were $370.22. In the past year, shares of the company have risen 20.15%. At 50 days, the moving average achieved is $408.71 while at 200 days, the moving average is $408.44. There were 0.76 million shares traded in the last session, up from 0.55 million in the previous session.

Humana Inc. [NYSE:HUM] Stock Valuation Metrics

With a prevailing 12-month PE ratio of 17.75, Humana Inc. [HUM] does qualify as a good candidate for the list of underestimated low-priced stocks that should be purchased sooner rather than later. By this measure, the company’s stock is trading at a discount to the industry average of 20.21 times trailing earnings. Investors may find it helpful to look at historical price-sales ratios, and in the case of this stock, 0.74 PS value ratio is reported for the last one year of reported earnings. This is below the average return 1.90 for the industry, which means HUM offers an attractive investment opportunity than its competitors do.

HUM Share Price Support And Resistance Levels

Based on the daily chart, the immediate backing lies around the 448.80 level, and the violation of this level will cause a further drop to 443.28 level. At the upper end, 461.28 remains a key resistance. As the stock increases, it may find resistance at 455.77. In the 14-day chart, the Relative Strength Index standing at 72.68 suggests a technical overbought stance while the MACD standing at 14.80 indicates price will increase in the next trading period. Stochastic %K at 92.90% suggests selling the stock while Percent R indicator at 6.20% suggests bullish price movement.

How much is the short interest in Humana Inc.?

There have been a drop in short interest in the Humana Inc. Financial stock, with short interest down by -0.65 million shares to 2.44 million shares on Mar 14, 2021. According to data provided by Yahoo Finance, the short interest on Apr 14, 2021 stood at 1.79 million shares. This 26.64% increase suggests some bearish sentiment was experienced by the stock. Shorted shares accounted for just 1.39% of the overall float in the stock, while the stock’s days to cover moved to 1.99.

How do analysts view Humana Inc.?

In regard to the share price forecast for Humana Inc. stock, the analysts, as surveyed by FactSet, forecast the price to reach $475.00 in the next twelve months, representing almost an 5.52% growth from its recent price of $448.80. Among Humana Inc. stock projections, $525.00 is the highest analyst target for the stock, while $436.00 is the lowest. Despite this, 24 analysts who share their consensus rating for HUM in 2021 agree that the stock is an Overweight. The latest rating change took place on 1/04/21, when RBC Capital Ratings upgraded the stock from “Sector Perform” to “Outperform.”

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