Cigna Corp Stock Buy Hold or Sell Recommendation
CI Stock | USD 352.39 3.61 1.04% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Cigna Corp is 'Strong Buy'. Macroaxis provides Cigna Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CI positions. The advice algorithm takes into account all of Cigna Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Cigna Corp's buy or sell advice are summarized below:
Real Value 367.89 | Target Price 332.86 | Hype Value 352.78 | Market Value 352.39 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Cigna Corp given historical horizon and risk tolerance towards Cigna Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Cigna Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Cigna |
Execute Cigna Corp Buy or Sell Advice
The Cigna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Cigna Corp. Macroaxis does not own or have any residual interests in Cigna Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Cigna Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Cigna Corp Trading Alerts and Improvement Suggestions
The company reports 31.48 B of total liabilities with total debt to equity ratio (D/E) of 0.74, which is normal for its line of buisiness. Cigna Corp has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Cigna Corp until it has trouble settling it off, either with new capital or with free cash flow. So, Cigna Corp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Cigna Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Cigna to invest in growth at high rates of return. When we think about Cigna Corp's use of debt, we should always consider it together with cash and equity. | |
Over 90.0% of Cigna Corp shares are held by institutions such as insurance companies | |
On 21st of March 2024 Cigna Corp paid $ 1.4 per share dividend to its current shareholders | |
Latest headline from zacks.com: Why the Market Dipped But Cigna Gained Today |
Cigna Corp Returns Distribution Density
The distribution of Cigna Corp's historical returns is an attempt to chart the uncertainty of Cigna Corp's future price movements. The chart of the probability distribution of Cigna Corp daily returns describes the distribution of returns around its average expected value. We use Cigna Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Cigna Corp returns is essential to provide solid investment advice for Cigna Corp.
Mean Return | 0.21 | Value At Risk | -1.33 | Potential Upside | 1.97 | Standard Deviation | 1.07 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Cigna Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Cigna Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Cigna Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Cigna Corp backward and forwards among themselves. Cigna Corp's institutional investor refers to the entity that pools money to purchase Cigna Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Norges Bank | 2023-12-31 | 3.4 M | Northern Trust Corp | 2023-12-31 | 3.1 M | Bank Of America Corp | 2023-12-31 | 2.9 M | Amundi | 2023-12-31 | 2.8 M | Legal & General Group Plc | 2023-12-31 | 2.7 M | Bank Of New York Mellon Corp | 2023-12-31 | 2.7 M | Nuveen Asset Management, Llc | 2023-12-31 | 2.7 M | Parnassus Investments, Llc | 2023-12-31 | 2.7 M | Goldman Sachs Group Inc | 2023-12-31 | 2.5 M | Vanguard Group Inc | 2023-12-31 | 24.8 M | Blackrock Inc | 2023-12-31 | 24.6 M |
Cigna Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Cigna Corp or Health Care Providers & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Cigna Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Cigna stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.18 | |
β | Beta against NYSE Composite | 0.35 | |
σ | Overall volatility | 1.04 | |
Ir | Information ratio | 0.12 |
Cigna Corp Volatility Alert
Cigna Corp has low volatility with Treynor Ratio of 0.59, Maximum Drawdown of 7.02 and kurtosis of 7.57. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Cigna Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Cigna Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Cigna Corp Implied Volatility
Cigna Corp's implied volatility exposes the market's sentiment of Cigna Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cigna Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cigna Corp stock will not fluctuate a lot when Cigna Corp's options are near their expiration.
Cigna Corp Fundamentals Vs Peers
Comparing Cigna Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Cigna Corp's direct or indirect competition across all of the common fundamentals between Cigna Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Cigna Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Cigna Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Cigna Corp by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Cigna Corp to competition |
Fundamentals | Cigna Corp | Peer Average |
Return On Equity | 0.12 | -0.31 |
Return On Asset | 0.0375 | -0.14 |
Profit Margin | 0.03 % | (1.27) % |
Operating Margin | 0.04 % | (5.51) % |
Current Valuation | 125.24 B | 16.62 B |
Shares Outstanding | 283.65 M | 571.82 M |
Shares Owned By Insiders | 1.50 % | 10.09 % |
Shares Owned By Institutions | 89.85 % | 39.21 % |
Number Of Shares Shorted | 5.57 M | 4.71 M |
Price To Earning | 13.93 X | 28.72 X |
Price To Book | 2.15 X | 9.51 X |
Price To Sales | 0.51 X | 11.42 X |
Revenue | 195.19 B | 9.43 B |
Gross Profit | 22.98 B | 27.38 B |
EBITDA | 5.16 B | 3.9 B |
Net Income | 5.16 B | 570.98 M |
Cash And Equivalents | 5.92 B | 2.7 B |
Cash Per Share | 16.96 X | 5.01 X |
Total Debt | 31.48 B | 5.32 B |
Debt To Equity | 0.74 % | 48.70 % |
Current Ratio | 0.83 X | 2.16 X |
Book Value Per Share | 158.03 X | 1.93 K |
Cash Flow From Operations | 11.81 B | 971.22 M |
Short Ratio | 3.51 X | 4.00 X |
Earnings Per Share | 17.40 X | 3.12 X |
Price To Earnings To Growth | 0.89 X | 4.89 X |
Target Price | 383.14 | |
Number Of Employees | 70.33 K | 18.84 K |
Beta | 0.58 | -0.15 |
Market Capitalization | 98.93 B | 19.03 B |
Total Asset | 147.93 B | 29.47 B |
Retained Earnings | 41.65 B | 9.33 B |
Working Capital | (4.7 B) | 1.48 B |
Note: Sale by Donna Zarcone of 2088 shares of Cigna Corp [view details]
Cigna Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Cigna . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Cigna Corp Buy or Sell Advice
When is the right time to buy or sell Cigna Corp? Buying financial instruments such as Cigna Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 33.7B | 31.1B | 31.5B | 33.1B | Total Assets | 154.9B | 143.9B | 147.9B | 89.0B |
Use Investing Ideas to Build Portfolios
In addition to having Cigna Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 22 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
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Check out Cigna Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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When running Cigna Corp's price analysis, check to measure Cigna Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cigna Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 4.92 | Earnings Share 17.4 | Revenue Per Share 664.145 | Quarterly Revenue Growth 0.116 |
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.