MetLife, Inc. s in-depth stock price analysis indicates that the stock price has dropped -3.47% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 26.61% . Looking at the past 52 week period, the stock price is up at 41.36% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of MetLife, Inc. has a positive value of 22.65 compared to overall market. Stocks of MetLife, Inc. (NYSE:MET) rallied by 2.2% during the past week but lost 2.58% on a 4-week basis. The company has outperformed the S&P 500 by 1.38% in the past week but underperformed the index by 4.32% in the last 4 weeks.
MetLife, Inc. (NYSE:MET) : On Friday heightened volatility was witnessed in MetLife, Inc. (NYSE:MET) which led to swings in the share price. The stock opened for trading at $52.9 and hit $53.295 on the upside , eventually ending the session at $52.91, with a gain of 0.63% or 0.33 points. The heightened volatility saw the trading volume jump to 4,998,238 shares. The 52-week high of the share price is $58.09 and the company has a market cap of $57,963 million. The 52-week low of the share price is at $35 .
Metlife Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $1.28 EPS for the quarter, missing the analyst consensus estimate by $ -0.06. Analyst had a consensus of $1.34. The company had revenue of $12076.00 million for the quarter, compared to analysts expectations of $17273.67 million. The companys revenue was down -29.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.23 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Metlife Inc was Initiated by Citigroup to Sell on Jan 26, 2017. Metlife Inc was Downgraded by Standpoint Research to Hold on Dec 9, 2016. Metlife Inc was Downgraded by FBR & Co. on Nov 28, 2016 to Mkt Perform, Price Target of the shares are set at $54.
Company has reported several Insider transactions to the SEC, on Jan 4, 2017, Maria R Morris (EVP, Global Employee Benefits) sold 2,200 shares at 54.51 per share price.On Dec 28, 2016, Peter M Carlson (EVP & Chief Accounting Officer) sold 23,636 shares at 54.32 per share price.On Dec 2, 2016, Frans Hijkoop (EVP & Chief HR Officer) sold 14,997 shares at 56.18 per share price.
Metlife Inc. is a leading provider of insurance and financial services to a broad spectrum of individual and institutional customers. The company currently provides individual insurance, annuities and investment products. The company also provides group insurance and retirement and savings products and services to corporations and other institutions. The company believes that their unparalleled franchises and brand names uniquely position them to be the preeminent provider of insurance and financial services in the U.S.