Aetna Inc issued an update on its FY15 earnings guidance on Monday morning. The company provided earnings per share guidance of ~$7.00 for the period, compared to the Thomson Reuters consensus estimate of $7.16,StockRatingsNetwork reports.
Aetna Inc opened at 100.50 on Tuesday. Aetna Inc has a 52 week low of $66.85 and a 52 week high of $101.98. The stock’s 50-day moving average is $95.19 and its 200-day moving average is $86.49. The company has a market cap of $35.044 billion and a price-to-earnings ratio of 17.53.
Aetna last announced its earnings results on Tuesday, February 3rd. The company reported $1.22 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $1.22. The company had revenue of $14.77 million for the quarter, compared to the consensus estimate of $14.59 million. During the same quarter in the prior year, the company posted $1.34 earnings per share. The company’s quarterly revenue was up 12.5% on a year-over-year basis. On average, analysts predict that Aetna Inc will post $7.18 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Thursday, April 9th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Tuesday, April 7th.
A number of analysts have recently weighed in on AET shares. Analysts at Deutsche Bank reiterated a buy rating and set a $111.00 price target on shares of Aetna in a research note on Tuesday, February 24th. Analysts at Credit Suisse set a $112.00 price target on shares of Aetna and gave the company a buy rating in a research note on Monday, February 23rd. Analysts at Zacks reiterated a neutral rating and set a $99.00 price target on shares of Aetna in a research note on Wednesday, February 4th. Finally, analysts at Oppenheimer reiterated a hold rating on shares of Aetna in a research note on Wednesday, February 4th. Seven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $95.39.
Aetna Inc, is a diversified healthcare benefits company. The Company offers a range of traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans, medical management capabilities, Medicaid healthcare management services and health information exchange technology services.
Date: March 3, 2015