What Do Analysts Have To Say About Sun Life Financial, Inc. (SLF)

Sun Life Financial, Inc. (SLF) saw an uptrend of 0.17% in the recent trading with $57.61 being its most recent. The current price level 0.10% lower than the highest price of $57.55 marked by the stock while trading over the past 52-weeks, whereas it is 29.26% higher than the lowest price of $44.57 the company dropped to over past 52-weeks. The latest news story on SLF appeared in (PR Newswire) under the title “Sun Life U.S. and The Kansas City Royals Foundation team up for seventh year of #StrikeoutDiabetes with $50,000 donation to Boys & Girls Clubs of Greater Kansas City”.

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Squeezing the time span to 30 day period shows us the stock is currently trading -0.48% below one month high and is +7.68% above of the lowest during that time. Looking into the simple moving average, Sun Life Financial, Inc. (SLF)’s stock stands at a SMA-50 of $52.50 while that of 5-day is reading $57.09.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and SLF’s SMA-200 as of now is $51.83.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.82 for the stock.

Sun Life Financial, Inc. Earnings – What Happened With SLF

Coming around sales and income figures on SLF Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

SLF – Sun Life Financial, Inc. Stock Earnings Estimates

The perspective of Sun Life Financial, Inc. (NYSE:SLF)’s current quarter earnings identifies that analysts are in consensus over the estimate of 1.17 for stock’s EPS in the current quarter. Company’s EPS for the last quarter was 1.18.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 584.60 million. SLF does have institutional investors; and they hold 49.26% of the stock.

Sun Life Financial, Inc. – Insider Activity and Holdings

As on 2024-06-30, ROYAL BANK OF CANADA was the top most holder in Sun Life Financial, Inc. (NYSE:SLF) with an ownership of 40.46 million shares of the company or 6.9272 of the stake worth $1.98 billion. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 4.0455 of the outstanding shares. Its stake is worth $1.16 billion for having 23.63 million shares in hand.

TD ASSET MANAGEMENT INC also came holding a key position in the company during the recent quarter and it now holds 2.7544 of the outstanding shares. With this there are now 738.0 institutions which have possession in SLF’s shares.

Currently, the stock has been recommended as Strong Buy by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.82 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Sun Life Financial, Inc. has a debt to equity ratio of 0.30.

Technical Analysis of Sun Life Financial, Inc. (NYSE:SLF) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Sun Life Financial, Inc. (SLF), we notice that the stock’s 20-day average volume is at 510,735 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 619,802 shares. And to end, SLF’s 100-day average volume is 773,883 shares with 50% of the long-term indicators pointing towards Buy for the stock.