Manulife Financial Corporation is part of the financial services sector and trades as part of the life insurance industry. The company CEO is Rocco Gori. Manulife Financial Corp together with its subsidiaries provides individual life insurance and individual and group long-term care insurance services. Its business segments are Asia Division, Canadian Division, U.S. Division, and Corporate and Other.



Previous Intraday Performance:

The MFC shares had a previous change of 3.60% which opened at 17.13 and closed at 17.56. It moved to an intraday high of 17.58 and a low of 17.07.

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Historical Performance:

Over the last five trading days, MFC shares returned 2.57% and in the past 30 trading days it returned -3.35%. Over three months, it changed 4.38%. In one year it has changed -4.27% and within that year its 52 week high was 19.22 and its 52 week low was 13.33. MFC stock is 31.73% above its 52 week low.

Our calculations result in a 200 day moving average of 16.46 and a 50 day moving average of 17.56. Right now, MFC stock is trading 6.65% above its 200 day moving average.

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Liquidity:

The company has a market cap of $34.6b with 2.0b shares outstanding and a float of 2.0b shares. Trading volume was 2,282,854 shares and has experienced an average volume of 2,385,386 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.53. The trailing twelve month EPS reported is 2.10 (trailing twelve month diluted EPS is 2.07).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-01-2019: 0.81
4thQtr 2018Reported 02-13-2019: 0.21
3rdQtr 2018Reported 11-07-2018: 0.59
2ndQtr 2018Reported 08-08-2018: 0.46
1stQtr 2018Reported 05-02-2018: 0.52

Base on our calculations, the intrinsic value per share is 32.21, which means it might be undervalued and has a margin of safety of 45.48%.

The long-term trend of the EPS is an important number as it indicates the present value of Manulife Financial Corporation; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 0.80% over the last twelve months.



Indicators Also to Watch:

Based on the latest filings, there is 70.70% of institutional ownership. Short-interest was 5,632,281, which was 0.29% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.26. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be 1.37.

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is 0.71%, profit margin is 10.68%, price-to-sales is 0.62 and price-to-book is 1.02.

Company Score Card:

Results are out of six:
 1  : Growth Expectations Result
 5  : Financial Safety Result
 4  : Past Performance Result
 5  : Valuation Result
 6  : Dividend Safety Result
 4  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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