EPS Estimates Lure Passive Investments: Aetna Inc. (NYSE:AET), Ionis Pharmaceuticals, Inc. (NASDAQ:IONS)

Aetna Inc. (NYSE:AET) [Trend Analysis] plunged reacts as active mover, shares a decrease -2.72% to traded at $119.20 and the percentage gap between open changing to regular change was -0.07%. Finally to see some strong financial remarks by WSJ over AET performance. Out of the pool of analysts 15 gave their BUY ratings on the stock in previous month as 14 analysts having BUY in current month. The 1 analyst gave SELL rank. Majority ranked Overweight from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $1.44 while one month ago this estimate trend was for $1.44. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $8.79 and for the one month was for $8.77 as compared to three months ago was for $8.86. Whereas, AET received highest price target of 154 and low target of 82. The stock price target chart showed average price target of 136.75 as compared to current price of 119.20.

The firm past twelve months price to sales ratio was 0.67 and price to cash ratio remained 2.19. As far as the returns are concern, the return on equity was recorded as 14.20% and return on investment was 11.50% while its return on asset stayed at 3.90%. The firm has total debt to equity ratio measured as 1.13.

Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -6.45% to close at $43.94 with the total traded volume of 3.36 Million shares. Finally, analysts shed their light over the IONS price targets; maintaining price high target of 65 while at average the price target was 45.58 in contrast with the current price of 43.94. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 5 analysts recommending BUY ratings for current month and for previous month 5 stands on similar situation; while 8 for the current month as compared to 8 analysts recommending for HOLD from the pool for previous month. While 1 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Overweight.

The firm has institutional ownership of 90.90%, while insider ownership included 0.10%. Its price to sales ratio ended at 22.27. IONS attains analyst recommendation of 2.70 with week performance of -8.63%.

 

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