Cigna Corporation Intrinsic Stock Value – Cigna Group Stock Plummets After Sell Off
May 26, 2023
Trending News 🌥️
The Cigna Group recently experienced a steep stock market decline after suffering a sell off. Cigna Corporation ($NYSE:CI) is a global health service company that provides health, pharmacy, dental, supplemental insurance and Medicare products and services. The company provides insurance and related products to customers, employers, health care professionals, producers and governments across the globe. The company also provides access to a network of health care professionals as well as other services. The company was hit hard in the past year due to the coronavirus pandemic, with the sell off being the latest in a series of setbacks. The sell off was reportedly caused by a large investor selling off their shares, leading to a massive drop in the share price. The decrease in the share price has caused many investors to be cautious about investing in Cigna shares.
The company’s stock has been volatile over the past year, and this latest incident may make investors even more wary. Despite this, many analysts remain bullish on the company’s prospects due to its strong fundamentals and presence in the healthcare industry. The Cigna Group’s stock may have taken a hit due to the sell off, but the company has long been one of the most solid investments in healthcare services. Investors interested in investing in the company should keep an eye on the stock and consider carefully before making any decisions.
Share Price
On Wednesday, CIGNA CORPORATION stock experienced a sudden drop. The stock opened at $252.4 and closed at $249.8, a decrease of 0.9% from its previous closing price of $251.9. This sell off caused stocks to plummet and investors to become concerned. The cause for this decline is still uncertain, but it has been speculated that it might be due to changes in the market as well as other underlying factors such as investor sentiment.
Investors are still awaiting to see if CIGNA CORPORATION will continue to decline or if the stock will rebound in the future. It is important to note that this sell off is only one day of trading and does not necessarily indicate any long term implications. It remains to be seen how CIGNA’s stock will now perform in the future and what impact this have on their overall performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Cigna Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 182.79k | 6.74k | 2.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Cigna Corporation. More…
| Operations | Investing | Financing |
| 11.65k | 439 | -9.11k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Cigna Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 147.98k | 103.38k | 150.19 |
Key Ratios Snapshot
Some of the financial key ratios for Cigna Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 5.8% | – | 5.3% |
| FCF Margin | ROE | ROA |
| 5.6% | 13.5% | 4.1% |
Analysis – Cigna Corporation Intrinsic Stock Value
At GoodWhale, we have conducted detailed analysis of CIGNA CORPORATION‘s financials. Our proprietary Valuation Line, based on the data collected, shows that the fair value of CIGNA CORPORATION is around $282.7. However, the current stock price of $249.8 is lower than the fair value by 11.6%, making it a good opportunity for investors looking to buy at an undervalued price. More…
Peers
Cigna Corp is a large health insurance company that provides a variety of health insurance products and services to its customers. The company competes with other health insurance companies, such as Oscar Health Inc, Humana Inc, and Molina Healthcare Inc.
– Oscar Health Inc ($NYSE:OSCR)
Oscar Health Inc is a health insurance company that offers individual and family plans on and off the health insurance exchanges. The company was founded in 2012 and is headquartered in New York City. As of 2022, Oscar Health Inc has a market cap of 787.25M and a Return on Equity of -28.44%. The company offers a wide variety of health insurance plans, including HMOs, PPOs, and EPOs. Oscar also offers a wide range of ancillary products, such as dental, vision, and life insurance.
– Humana Inc ($NYSE:HUM)
Humana Inc has a market cap of 63.12B as of 2022, a Return on Equity of 17.4%. The company operates in the healthcare sector and is one of the largest healthcare insurance companies in the United States. Humana offers a wide range of health insurance products and services to individuals, families, and businesses. The company has a strong focus on providing quality healthcare and improving the health and well-being of its members. Humana’s mission is to help people achieve their best health and to make healthcare more affordable and accessible. The company’s competitive advantages include its size, scale, geographic reach, and diversified product portfolio. Humana is well-positioned to continue its growth and to help its members live healthier lives.
– Molina Healthcare Inc ($NYSE:MOH)
Molina Healthcare Inc is a healthcare company that provides Medicaid-related solutions for low-income families and individuals. As of 2022, it has a market capitalization of 20.48 billion dollars and a return on equity of 24.89%. The company has a long history of providing quality healthcare services to its customers and is dedicated to improving the lives of its clients. It is headquartered in Long Beach, California.
Summary
Cigna Corporation is a global health services company, providing insurance and related services for individuals and employers. In recent trading, the company’s stock price declined due to a selloff, resulting in investors taking profits. Analysts believe that this could be due to several factors, including Cigna’s weaker than expected first-quarter earnings report and the fact that the company’s individual life and health insurance business has been declining.
However, Cigna has strong fundamentals and the company continues to benefit from high demand for health insurance from employers and government entities. Analysts are also optimistic about their long-term prospects due to their ability to manage costs and revenue growth in the face of industry challenges. Investors should closely monitor Cigna’s performance as they consider investing in the corporation.
Related Posts
Recent Posts
