Aetna (AET) to Release Quarterly Earnings on Tuesday

Aetna (NYSE:AET) is set to issue its quarterly earnings data before the market opens on Tuesday, January 30th. Analysts expect the company to announce earnings of $1.18 per share for the quarter. Aetna has set its FY17 guidance at ~$9.75 EPS.

Aetna (NYSE:AET) last issued its quarterly earnings results on Tuesday, October 31st. The company reported $2.45 EPS for the quarter, topping the consensus estimate of $2.06 by $0.39. Aetna had a net margin of 2.93% and a return on equity of 21.84%. The company had revenue of $14.99 billion during the quarter, compared to analysts’ expectations of $15.12 billion. During the same quarter in the previous year, the company earned $2.07 EPS. Aetna’s revenue was down 5.0% on a year-over-year basis. On average, analysts expect Aetna to post $10 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Shares of Aetna (AET) opened at $189.34 on Tuesday. Aetna has a 1 year low of $116.04 and a 1 year high of $192.37. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.53 and a current ratio of 0.53. The company has a market cap of $61,740.00, a P/E ratio of 35.00, a PEG ratio of 1.59 and a beta of 0.61.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 26th. Stockholders of record on Thursday, January 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 1.06%. The ex-dividend date of this dividend is Wednesday, January 10th. Aetna’s dividend payout ratio is 36.97%.

Several brokerages have recently commented on AET. Deutsche Bank upgraded shares of Aetna from a “hold” rating to a “buy” rating and lifted their price target for the stock from $195.00 to $212.00 in a research report on Monday. Cantor Fitzgerald reiterated a “neutral” rating and set a $175.00 price target on shares of Aetna in a research report on Monday, October 23rd. Citigroup lifted their price target on shares of Aetna from $183.00 to $197.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. BMO Capital Markets lifted their price target on shares of Aetna from $175.00 to $200.00 and gave the stock a “market perform” rating in a research report on Friday, October 27th. Finally, Zacks Investment Research cut shares of Aetna from a “buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Eleven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. Aetna currently has a consensus rating of “Buy” and an average price target of $175.09.

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About Aetna

Aetna Inc is a diversified healthcare benefits company. The Company operates through three segments: Health Care, Group Insurance and Large Case Pensions. It offers a range of traditional, voluntary and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities, Medicaid healthcare management services, Medicare Advantage and Medicare Supplement plans, workers’ compensation administrative services and health information technology (HIT) products and services.

Earnings History for Aetna (NYSE:AET)

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