Cigna stock: buy or sell?
May 22nd, 2020
Cigna Corporation, a health services organization, provides insurance and related products and services in the United States and internationally.
Should I buy Cigna stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. 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.
Currently, Cigna stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Cigna stock a buy?
Banks and financial institutions publish stock ratings everyday.Unfortunately, we couldn't detect any rating for CI stock for the last 30 days.
Cigna stock analysis
Cigna stayed steady a neutral 0.17% and closed at $189.00.
Cigna shares stayed steady 0.17% to $189.00 on Friday. On May/14 CI price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. CI is retaking the upward trend marking a new rising bottom heading to break out over $196.20.
Cigna depreciated a disappointing -0.60% this week. By mid April CI climbed a super good 6.34% in just one week.
Observing the weekly chart, price is in a simple uptrend, tested $176.52 level and now climbing back aiming its last top at $202.75. Since early April when CI stock price broke up the SMA40w line, it gained $25.16 (15.36%). Since mid November 2019 when SMA20w and SMA40w crossed up, CI price gained $0.84 per share (0.45%).
Cigna stock price history
Cigna IPO was on March 31st, 1982 at $1.53 per share1. Since then, CI stock grew a 12,252.90%, with a yearly average of 322.40%. If you had invested $1,000 in Cigna stock in 1982, it would worth $122,529.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Cigna stock historical price chart
CI stock reached 52-week highs on February at $224.59, and all-time highs 2018-01-29 with a price of 226.98.
Cigna stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for Cigna stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report , Cigna . As soon as we get its actual EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an extraordinary increase of 15.52% to $48,569.00 million dollars. On the other hand, its earnings margin (compared to sales) stayed steady 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 earnings were $1,722.00 M dollars. When comparing this TTM figures with the last reported annuality, we can review Cigna business evolution since December 2018: Annual revenues up to , compared to lastest yearly report, collapsed a frightening -23.43%. Regarding profit margin, Cigna remained constant -0.80% to 5.43%
|2013||$32,390 M||-||$1,480 M4.6%||-|
|2014||$34,914 M||7.79%||$2,102 M6.0%||42.03%|
|2015||$37,876 M||8.48%||$2,094 M5.5%||-0.38%|
|2016||$39,668 M||4.73%||$1,867 M4.7%||-10.84%|
|2017||$42,043 M||5.99%||$2,237 M5.3%||19.82%|
|2018||$48,569 M||15.52%||$2,637 M5.4%||17.88%|
|TTM||$37,189 M||-23.43%||$1,722 M4.6%||-34.70%|
Quarterly financial resultsCigna posted million in revenues for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter earnings 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 sales to same quarter last year, Cigna sales marked a hair-raising slide and plummed a -100.00%.
|2017-Q1||$10,400 M||-||$598 M5.8%||-|
|2017-Q2||$10,320 M||-0.77%||$813 M7.9%||35.95%|
|2017-Q3||$10,382 M||0.60%||$560 M5.4%||-31.12%|
|2017-Q4||$10,228 M||-1.48%||$266 M2.6%||-52.50%|
|2018-Q1||$11,380 M||11.26%||$915 M8.0%||243.98%|
|2018-Q2||$11,477 M||0.85%||$806 M7.0%||-11.91%|
|2018-Q3||$11,457 M||-0.17%||$772 M6.7%||-4.22%|
|2018-Q4||$14,255 M||24.42%||$144 M1.0%||-81.35%|
Cigna ownershipWhen you are planning to buy a company, it's always worth to review its ownership structure.
Cigna shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.45% of all shares.
Bearish positions for CI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$69.7 B|
|Total shares||369.0 M|
|Float shares||367.7 M|
|- Institutional holdings (%)||92.7%|
|- Insider holdings (%)||1.5%|
|Shares in short selling||0.0%|
|Friday, May 22nd, 2020|
|Day range||$186.88 - $189.75|
|Average true range||$6.24|
|50d mov avg||$177.95|
|100d mov avg||$190.89|
|200d mov avg||$182.38|
Cigna performanceTo better understand Cigna performance you must compare its gains with other related stocks in same sector or industry. We compared Cigna against in the following table:
Cigna competitorsUnfortunately, 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
- Seeking AlphaCigna Bottomed This TimeJune 5, 2019
- Seeking AlphaBuy Cigna At A DiscountMarch 20, 2019
- InvestorPlaceCigna Earnings: CI Stock Takes a Hit on Poor GuidanceFebruary 1, 2019
- Seeking AlphaWhy You Should Invest In CignaOctober 4, 2018
- InvestorPlaceCigna’s Merger With Express Scripts Is Positive for Cigna StockSeptember 21, 2018