Cigna stock: buy or sell?

CI stock price: $179.92 1.63% At close on July 16th, 2019

Updated on:
July 16th, 2019

2

Cigna grew a nice 1.63% and closed at $179.92. On Thursday CI boosted an extraordinary 8.46%.

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

Should I buy Cigna stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Cigna stock situation right now, hence this is not a suitable entry point.

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?

Financial institutions and banks publish stock ratings everyday. At Stocks2.com, we gathered 10 ratings published for CI stock in the last 30 days.

The general sentiment of these ratings is bullish for CI stock, with 9 positive ratings.
Is CI a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
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 grew a nice 1.63% and closed at $179.92.

Cigna shares grew 1.63% to $179.92 today. From a daily perspective, CI is in a short term uptrend after plotting its last bottom ($159.30, on Wednesday) higher than the previous bottom, and its last top ($185.77, on Thursday) also over the previous top. Now trading in between its last bottom and last top CI might consolidate in a plain range, waiting to break out over $185.77 or down under $159.30. Since price and SMA200d lines crossed down on February, CI fell $-13.80 per share (-7.12%).

CI stock chart (daily)

Weekly outlook

After boosting an exceptional 8.80% in a week last week, Cigna closed this week at $179.92 and remained stable a tiny 0.40%. Counting this, it's been 3 green weeks in a row, gaining $22.37 or 13.88%.

In a weekly time frame, Cigna stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, CI might consolidate in a flat-base, waiting to break out over or down under .

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 surged a 11,659.50%, with a yearly average of 315.10%. If you had invested right after CI's IPO a $1,000 in Cigna stock in 1982, it would worth $116,595.00 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 $223.20

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' CI stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 5 price predictions for CI stock:
CI stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
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)$242.80$223.20-8.0%
Moving in a range from $299.00 and $200.00, the price target for CI stock is $223.20. In average, analysts' outlook on CI price forecast is negative, downsizing the target by a -8.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since May, when Cigna presented its last earnings report, it soared a very good 11.06%. 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 turnover report draw an astounding growth of 15.52% to $48,569.00 M USD. Nevertheless, its income margin (compared to sales) remained constant to 5.43%, that is $2,637.00 million.

To have an updated view of the financial situation of Cigna, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Cigna TTM sales up to were $37,189.00 and income was $1,722.00 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Cigna business evolution since December 2018: Annual turnover up to , compared to lastest yearly report, plummed a chilling -23.43%. In contrary, profit margin (net income/sales) stayed constant at 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 earnings marked million with a profit margin of . Profit margin stayed stable a 0.00% compared to previous quarter when profit margin was 1.01%. When comparing revenues to same quarter last year, Cigna sales marked a frightening 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 invest in 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$68.3 B
Total shares379.5 M
Float shares378.5 M
  - Institutional holdings (%)90.2%
  - Insider holdings (%)1.7%
Shares in short selling0.0%

Cigna summary

Tuesday, July 16th, 2019
Open$177.54
Close$179.92
Day range$176.76 - $182.11
Previous close$177.03
Session gain1.63%
Average true range$4.97
50d mov avg$158.06
100d mov avg$161.35
200d mov avg$182.04
Daily patternlt06a
Weekly pattern lt06a

Cigna performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Cigna, the comparison is made against .
Stock3m6m12m
CICigna20.75%-7.63%1.05%

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