) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Aflac fell 73 cents (-1.7%) to $41.29 on average volume. Throughout the day, 4.5 million shares of Aflac exchanged hands as compared to its average daily volume of 3.2 million shares. The stock ranged in price between $40.97-$42.44 after having opened the day at $42.30 as compared to the previous trading day's close of $42.02. Other company's within the Insurance industry that declined today were:
), down 4.8%,
), down 4.5%,
), down 4.5%, and
), down 4%.
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Aflac Incorporated, through its subsidiary, American Family Life Assurance Company of Columbus, provides supplemental health and life insurance. Aflac has a market cap of $19.83 billion and is part of the
sector. The company has a P/E ratio of 8.4, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 2.9% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Aflac a buy, no analysts rate it a sell, and seven rate it a hold.
TheStreet Ratings rates Aflac as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Aflac Ratings Report.
On the positive front,
), up 11.2%,
), up 5.3%,
), up 5.1%, and
), up 4.5%, were all gainers within the insurance industry with
) being today's featured insurance industry leader.
- Use our insurance section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
) while those bearish on the insurance industry could consider
- Find other investment ideas from our top rated ETFs lists.