Cigna stock: buy or sell?

CI stock price: $161.38 -2.02% At close on September 20th, 2019

Updated on:
September 20th, 2019

2

Cigna shares dropped -2.02% to $161.38 today.

Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally.

Should I buy Cigna stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Cigna stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean CI will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Cigna stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 14 ratings published for CI stock in the last 30 days.

The general sentiment of these ratings is bullish for CI stock, with 13 positive ratings.
Is CI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-12Deutsche Bankn/aBuy
2019-8-6Sanford C. BernsteinMarket PerformOutperform
2019-8-2Raymond Jamesn/aOutperform
2019-8-2Raymond Jamesn/aOutperform
2019-7-12Morgan Stanleyn/aOverweight
2019-6-3Citigroupn/aBuy
2019-5-3Goldman Sachs GroupConviction-BuyBuy
2019-4-23UBS Groupn/aBuy
2019-4-17BarclaysOverweightOverweight
2019-2-5Morgan StanleyOverweightOverweight
2019-1-3Wells Fargo & Con/aMarket Perform
2019-1-3Raymond JamesMarket PerformOutperform
2019-1-2Edward Jonesn/aBuy
2019-1-14Stephensn/aOverweight

Cigna stock analysis

Daily outlook

Cigna shares dropped -2.02% to $161.38 today.

Cigna dropped a fatal -2.02% and closed at $161.38. Since price and SMA100d lines crossed up on September/13, CI climbed $2.40 (1.51%). Since SMA50d and SMA100d crossed up on July, CI price slid a -3.54%.

CI stock chart (daily)

Weekly outlook

Shares of Cigna ended this week at $161.38 and remained constant a tiny 0.33%. By mid August CI plunged a shocking -5.18% in just one week.

Cigna stock just marked a top under its last top. Athought it's not concerning right now, investors in CI should be aware as this could be a warning for future complications. You should be expectant to Cigna price to not slide under , as this would complicate possible price recovery in the short and mid-term. Since late February, when CI stock price broke down the 40-weeks moving avarage line, it slid $-32.34 per share (-16.69%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

CI stock chart (weekly)

Cigna stock price history

Cigna stock went public on March 31st, 1982 with a price of $1.531. Since then, CI stock grew a 10,447.70%, with a yearly average of 282.40%. If you had invested $1,000 in Cigna stock in 1982, it would worth $104,477.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Cigna stock historical price chart

CI stock reached 52-week highs on December at $226.55, and all-time highs 2018-01-29 with a price of 227.02.

Cigna stock price target is $212.90

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 8 price forecasts for Cigna stock:
CI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-12Deutsche BankInitiatesn/a$207.00-
2019-8-2Raymond JamesReiterates$185.00$190.002.7%
2019-8-2Raymond JamesRaises Target$185.00$190.002.7%
2019-7-12Morgan StanleyLowers Target$241.00$207.00-14.1%
2019-6-3CitigroupLowers Target$228.00$203.00-11%
2019-4-17BarclaysLowers Target$220.00$207.00-5.9%
2019-2-5Morgan StanleyLowers Target$304.00$299.00-1.6%
2019-1-3Wells Fargo & CoLowers Target$221.00$200.00-9.5%
(in average)$226.30$212.90-6.0%
Moving in a range from $299.00 and $190.00, the price forecast for Cigna stock is $212.90. In average, analysts' outlook on CI price forecast is negative, reducing the prediction by a -6.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on May, Cigna stayed steady a tight -0.38%. As soon as we get its posted EPS from the earnings report, we will update this report.
CI earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a2.32n/a
2017-Q2-n/a3.16n/a
2017-Q32017-11-022.362.8319.9%
2017-Q42018-02-011.891.942.6%
2018-Q12018-05-033.374.1122.0%
2018-Q22018-08-023.333.8916.8%
2018-Q32018-11-013.453.8411.3%
2018-Q42019-02-012.532.46-2.8%
2019-Q12019-05-013.78n/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a dazzling increase of 15.52% to $48,569.00 million dollars. On the other hand, its earnings margin (compared to revenues) stayed constant to 5.43%, that is $2,637.00 million.

Cigna fiscal year ends in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Cigna TTM sales up to were $37,189.00 and earnings $1,722.00 M dollars. If we compare this TTM figures with the last reported annuality, we can esteem Cigna business evolution since December 2018: Annual sales up to , compared to lastest yearly report, plummed a hair-raising -23.43%. Regarding profit margin, Cigna remained stable -0.80% to 5.43%

CI annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$32,390 M-$1,480 M4.6%-
2014$34,914 M7.79%$2,102 M6.0%42.03%
2015$37,876 M8.48%$2,094 M5.5%-0.38%
2016$39,668 M4.73%$1,867 M4.7%-10.84%
2017$42,043 M5.99%$2,237 M5.3%19.82%
2018$48,569 M15.52%$2,637 M5.4%17.88%
TTM $37,189 M-23.43%$1,722 M4.6%-34.70%

Quarterly financial results

Cigna reported million in revenues for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter income marked M with a profit margin of . Profit margin remained steady a 0.00% compared to previous quarter when profit margin was 1.01%. When comparing turnover to same quarter last year, Cigna sales marked a bloodcurdling decrease and collapsed a -100.00%.
CI quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$10,400 M-$598 M5.8%-
2017-Q2$10,320 M-0.77%$813 M7.9%35.95%
2017-Q3$10,382 M0.60%$560 M5.4%-31.12%
2017-Q4$10,228 M-1.48%$266 M2.6%-52.50%
2018-Q1$11,380 M11.26%$915 M8.0%243.98%
2018-Q2$11,477 M0.85%$806 M7.0%-11.91%
2018-Q3$11,457 M-0.17%$772 M6.7%-4.22%
2018-Q4$14,255 M24.42%$144 M1.0%-81.35%

Cigna ownership

When you are planning to buy shares of a stock, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Cigna, 1.67% of all outstanding shares are owned by its staff.

Bearish positions for CI stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Cigna:

CI
Market cap$60.9 B
Total shares377.6 M
Float shares376.4 M
  - Institutional holdings (%)90.2%
  - Insider holdings (%)1.7%
Shares in short selling0.0%

Cigna summary

Friday, September 20th, 2019
Open$165.54
Close$161.38
Day range$161.32 - $166.72
Previous close$164.71
Session gain-2.02%
Average true range$5.22
50d mov avg$163.71
100d mov avg$160.25
200d mov avg$170.31
Daily pattern
Weekly pattern lt01a

Cigna performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Cigna performance to :
Stock3m6m12m
CICigna0.14%-2.84%-20.18%

Cigna competitors

Unfortunately, we could not find any public company that could be defined as Cigna competitor. This doesn't mean Cigna does not have any competitor in the market, it's just we could not detected it.

    Latest Cigna stock news