Cigna Corporation (CI): These Shares are Poised for Major Movement


Cigna Corporation kicked off the trading day on 10/10/19 with a price increase of 0.83%, equivalent to $1.24 relative change for the day. Taking a more long-term approach, CI had a 52-week range of $141.95 to $226.60. At the time of this article’s publishing, this stock is trading at $150.83 after starting the trading session at $149.10. At the time of writing, this stock’s 50-day Moving Average stands at $157.56, while the 200-day Moving Average of this stock is currently $166.93.

Currently, this company’s share volume is sitting at $2207386, but has maintained average daily volume of $2.19M. This stock has generated an average Year to Date volume of $2.47 million, alongside an average 20-day volume of $2.17 million. This publicly-traded company’s shares outstanding now amounts to $372.27 million, simultaneously with a float of $371.95 million. The organization now has a market capitalization sitting at $56.15 billion.

Cigna Corporation(CI) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Cigna Corporation’s current insider ownership accounts for 0.20%, in contrast to 90.30% institutional ownership. According to the most recent latest insider trade that took place on Dec 14 this organization’s Director sold 201 at the rate of 210.84, making the entire transaction hit 42,379 in total value, affecting insider ownership by 13,500. Preceding that transaction, on Nov 05 Company’s President, US Markets sold 2,825 at a price of 214.25, making the whole transaction’s value amount to 605,253. This particular insider is now the holder of 21,046 in total.

If we take a glance at the Ownership summary of Cigna Corporation’s stock, Institutional holders make up 90.30% of its total stock ownership. All together, they are the legal holders of 372.27M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 28,165,642 shares, with T. Rowe Price Associates, Inc. (Investment Management) in 2nd place owning 27,938,708 shares and Capital Research & Management Co. (World Investors) in third place with total ownership of 20,194,649 shares.

Cigna Corporation (CI) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $4.3 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $3.74) by $0.56.

This company achieved a net margin of 3.6 while generating a return on equity of 11.72. Wall Street market experts anticipate that the next fiscal year will bring earnings of 4.26 per share during the current fiscal year.

Cigna Corporation’s EPS increase for this current 12-month fiscal period is 8.80%, and is forecasted to reach 18.74 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 12.66% through the next 5 years, which can be compared against the 15.20% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

The company has managed to achieve an average true range (ATR) of 4.17. Alongside those, its PE Ratio stands at $13.80, and its Beta score is 0.70.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.55 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 13.45. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 1.30, whereas its price to cash per share for the last quarter landed at 9.70.

In the same vein, CI’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 10.93, a figure that is expected to reach 4.38 in the next reported quarter, and analysts expect it will be 18.74 at the market close of one year from today’s date.