Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
NEW YORK (
) has been reiterated by TheStreet Ratings as a buy with a ratings score of B. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins.
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Highlights from the ratings report include:
- Compared to where it was trading one year ago, MET is up 37.82% to its most recent closing price of 47.95. Looking ahead, although the push and pull of a bull or bear market could certainly alter the outcome, our view is that this stock's positive fundamentals give it good potential for further appreciation.
- The current debt-to-equity ratio, 0.43, is low and is below the industry average, implying that there has been successful management of debt levels.
- Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company.
- The net income has significantly decreased by 78.1% when compared to the same quarter one year ago, falling from $2,295.00 million to $502.00 million.
MetLife, Inc., through its subsidiaries, provides insurance, annuities, and employee benefit programs in the United States, Japan, Latin America, the Middle East, Asia, and Europe. MetLife has a market cap of $53.4 billion and is part of the financial sector and insurance industry. Shares are up 46.5% year to date as of the close of trading on Friday.
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--Written by a member of TheStreet Ratings Staff.