Cigna stock: buy or sell?

CI stock price: $189.00 0.17% At close on May 22nd, 2020

Updated on:
May 22nd, 2020

3

Cigna shares stayed steady 0.17% to $189.00 on Friday.

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.

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?

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

Daily outlook

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.

CI stock chart (daily)

Weekly outlook

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%).

CI stock chart (weekly)

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 target

How 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 Share

After posting its last earnings report , Cigna . As soon as we get its actual EPS from the earnings report, we will update this review.
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 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%

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 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%.
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 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:

CI
Market cap$69.7 B
Total shares369.0 M
Float shares367.7 M
  - Institutional holdings (%)92.7%
  - Insider holdings (%)1.5%
Shares in short selling0.0%

Cigna summary

Friday, May 22nd, 2020
Open$189.46
Close$189.00
Day range$186.88 - $189.75
Previous close$188.68
Session gain0.17%
Average true range$6.24
50d mov avg$177.95
100d mov avg$190.89
200d mov avg$182.38
Daily patternlb02a
Weekly pattern lb01a

Cigna performance

To 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:
Stock3m6m12m
CICigna-12.96%-6.35%26.46%

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