With 2.77 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.52 million shares. The 52-week range on MET shows that it touched its highest point at $89.05 and its lowest point at $67.30 during that stretch. It currently has a 1-year price target of $96.93. With its current market cap of 57.02 billion, MET has annualized dividend of $2.18 while the current yield stands at 2.63%. Beta for the stock currently stands at 1.03.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MET was up-trending over the past week, with a rise of 0.01%, but this was down by -4.77% over a month. Three-month performance dropped to -0.71% while six-month performance rose 12.96%. The stock gained 20.31% in the past year, while it has gained 1.05% so far this year. A look at the trailing 12-month EPS for MET yields 5.96 with Next year EPS estimates of 10.52. For the next quarter, that number is 2.09. This implies an EPS growth rate of 15.88% for this year and 11.43% for next year. EPS is expected to grow by 12.43% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.38%.
Float and Shares Shorts:
At present, 689.20 million MET shares are outstanding with a float of 575.64 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MET since 9 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $8.32133 being high and $8.02056 being low. For MET, this leads to a yearly average estimate of $8.20102. Based on analyst estimates, the high estimate for the next quarter is $2.5 and the low estimate is $2.32. The average estimate for the next quarter is thus $2.39.
