Stock Update (NYSE:AFL): Aflac Recognized for Technology Excellence and Leadership

[PR Newswire] – COLUMBUS, Ga., Jan. 25, 2016 /PRNewswire/ — Aflac, the leading provider of voluntary insurance at the work site in the United States, announced today that the company has received IDG Enterprise’s 2016 … Read more on this. Aflac Incorporated (AFL) , with a current value of $24.29B, opened this morning at $57.24. Today, shares have traded between $56.86 and $57.63 per share with the price of the stock fluctuating between $51.41 to $66.53 over the last 52 weeks. AFL shares are currently priced at 9.43x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 13.30x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.64 per share annually in dividends, yielding 2.86%. In a review of the consensus earnings estimate this quarter, 20 sell-side analysts are looking at $1.47 per share, which would be $0.18 better than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $6.07 is a $0.09 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $5.22 Billion. If realized, that would be a 5.26% decrease over the year-ago quarter. More recently, Citigroup upgraded AFL from Neutral to Buy (Sep 10, 2015). Previously, Keefe Bruyette upgraded AFL from Mkt Perform to Outperform. When considering if the stock is under or overvalued, the average price target is $66.41, which is 16.02% above where the stock opened this morning. See more in (NYSE:AFL) Similar Articles: Stock Update: AFLAC Inc (NYSE:AFL) – Aflac Contact Service Center Operations Achieves J.D. Power Certification Company Update: AFLAC Inc (NYSE:AFL) – Aflac Names Andrew K. Glaub as Senior Vice President; Director of Aflac U.S. Sales Market Update: AFLAC Inc (NYSE:AFL) – Aflac Incorporated Board Of Directors Increases Shares Authorized For Repurchase