Primerica Intrinsic Stock Value – Health Care Costs Identified as Top Financial Concern in Primerica Survey, with Majority of Respondents Pessimistic About Economy
April 20, 2023
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A recent survey conducted by Primerica ($NYSE:PRI) has revealed that health care costs have overtaken inflation as the most concerning financial worry for the majority of respondents. The results showed that the majority of participants were pessimistic about the state of the economy, with only a third of those surveyed feeling optimistic. Primerica is a financial services company which offers a wide range of products and services for individuals, families and businesses. Primerica also offers stock trading, insurance and other investments, such as mutual funds and annuities.
The company works to provide their clients with the highest quality of service and advice in order to secure their financial well-being. The findings suggest that individuals need to take proactive steps to protect their financial future in order to combat rising health care costs and other economic issues. Primerica’s survey is an important reminder that individuals can no longer rely on the economy alone to address their financial needs.
Price History
This survey comes as the stock opened at $179.8 and closed at $182.1, up by 1.7% from last closing price of 178.9. The survey also showed that despite the economic uncertainty, respondents still had confidence in PRIMERICA’s ability to provide financial solutions and help with financial decision-making. Overall, this survey highlights the current economic concerns of respondents and signals a need for improved financial planning. PRIMERICA is committed to helping Americans prioritize their financial needs and create a secure foundation for their future. Primerica_Survey_with_Majority_of_Respondents_Pessimistic_About_Economy”>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Primerica. More…
| Total Revenues | Net Income | Net Margin |
| 2.72k | 371.33 | 15.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Primerica. More…
| Operations | Investing | Financing |
| 757.66 | -200.05 | -457.85 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Primerica. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 15.35k | 13.63k | 43.75 |
Key Ratios Snapshot
Some of the financial key ratios for Primerica are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 9.8% | – | 19.2% |
| FCF Margin | ROE | ROA |
| 26.9% | 19.5% | 2.1% |
Analysis – Primerica Intrinsic Stock Value
At GoodWhale, we have analyzed PRIMERICA’s financials and found that the intrinsic value of their shares is around $170.0. We have arrived at this figure using our proprietary Valuation Line, which takes into account factors such as PRIMERICA’s profitability, growth opportunity, and market environment. At the time of writing, PRIMERICA’s stock is currently trading at $182.1, making it a fair price but slightly overvalued by 7.1%. Therefore, while investors may find PRIMERICA to be an attractive long-term investment, they should be aware that the current market price is higher than the intrinsic value. Primerica_Survey_with_Majority_of_Respondents_Pessimistic_About_Economy”>More…
Peers
The company provides a variety of products and services, including life insurance, investment products, and credit protection products. Primerica Inc. is headquartered in Duluth, Georgia. The company’s competitors include Genworth Financial Inc, Great Eastern Holdings Ltd, and T&D Holdings Inc.
– Genworth Financial Inc ($NYSE:GNW)
Genworth Financial Inc is a global financial services company with operations in the United States, Canada, Australia, and Europe. The company has a market capitalization of $2.28 billion as of 2022 and a return on equity of 6.09%. The company offers a range of financial products and services, including life insurance, long-term care insurance, mortgage insurance, and annuities. Genworth Financial Inc is headquartered in Richmond, Virginia.
– Great Eastern Holdings Ltd ($SGX:G07)
Great Eastern Holdings Ltd is a leading insurance company in Asia. The company has a market cap of 8.59B as of 2022 and a Return on Equity of 7.45%. Great Eastern Holdings Ltd offers a wide range of insurance products and services, including life, health, and general insurance. The company has a strong presence in Singapore, Malaysia, Indonesia, and Hong Kong.
– T&D Holdings Inc ($TSE:8795)
T&D Holdings Inc is a Japanese company that provides life insurance and annuity products. As of 2022, the company had a market capitalization of 838.76 billion yen and a return on equity of -0.05%. The company’s products are available through a network of agents and brokers in Japan.
Summary
Primerica‘s latest survey highlights that inflation, outstripped by healthcare costs, is the top financial worry for Americans. The survey also revealed that the majority of respondents remain pessimistic about the economy as a whole. This indicates that investors may need to look for other ways to protect their money and grow their wealth. Primerica offers a variety of investment options, including stocks, bonds, mutual funds, exchange-traded funds and other investments.
In addition, the company provides financial planning services to help investors make sound decisions. The survey results suggest that investors should consider seeking professional financial advice while they weigh their investment options.
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