Humana Inc. (HUM) Releases FY14 Earnings Guidance
Humana Inc. (NYSE:HUM) issued an update on its FY14 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $7.25-7.75 for the period, compared to the Thomson Reuters consensus estimate of $7.96, Stock Ratings Network reports.
Several analysts have recently commented on the stock. Analysts at Barclays downgraded shares of Humana from an overweight rating to an equal weight rating in a research note to investors on Wednesday. They now have a $109.00 price target on the stock. On a related note, analysts at Deutsche Bank downgraded shares of Humana from a hold rating to a sell rating in a research note to investors on Tuesday. They now have a $87.00 price target on the stock, down previously from $100.76. Finally, analysts at Zacks reiterated a neutral rating on shares of Humana in a research note to investors on Friday, December 6th. They now have a $107.00 price target on the stock. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the stock. Humana presently has an average rating of Hold and a consensus target price of $101.42.
Shares of Humana Inc. (NYSE:HUM) traded down 0.41% on Thursday, hitting $98.99. The stock had a trading volume of 2,261,267 shares. Humana Inc. has a one year low of $65.88 and a one year high of $105.80. The stock’s 50-day moving average is $102.2 and its 200-day moving average is $94.70. The company has a market cap of $15.434 billion and a P/E ratio of 10.95.
Humana (NYSE:HUM) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $2.31 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.14 by $0.17. The company had revenue of $10.00 billion for the quarter, compared to the consensus estimate of $10.27 billion. During the same quarter in the prior year, the company posted $2.62 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. On average, analysts predict that Humana Inc. will post $8.75 earnings per share for the current fiscal year.
Humana Inc (NYSE:HUM) is a health care company.
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