Shares of Voya Financial, Inc. (NYSE:VOYA – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the twelve research firms that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $85.27.
A number of equities research analysts have issued reports on the company. Barclays boosted their price target on Voya Financial from $84.00 to $85.00 and gave the company an “overweight” rating in a research note on Tuesday, October 8th. Evercore ISI boosted their target price on shares of Voya Financial from $79.00 to $82.00 and gave the company an “outperform” rating in a research report on Wednesday, September 11th. Piper Sandler upped their target price on shares of Voya Financial from $84.00 to $88.00 and gave the company an “overweight” rating in a report on Wednesday, October 2nd. Bank of America lifted their price target on shares of Voya Financial from $84.00 to $88.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Finally, Raymond James downgraded shares of Voya Financial from a “strong-buy” rating to a “market perform” rating in a research report on Friday, September 13th.
View Our Latest Stock Report on Voya Financial
Institutional Trading of Voya Financial
Voya Financial Stock Down 0.5 %
Shares of Voya Financial stock opened at $81.20 on Tuesday. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 0.51. Voya Financial has a twelve month low of $63.02 and a twelve month high of $83.93. The company has a market cap of $7.98 billion, a price-to-earnings ratio of 10.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.03. The company’s 50 day moving average is $75.58 and its 200 day moving average is $72.81.
Voya Financial (NYSE:VOYA – Get Free Report) last released its quarterly earnings results on Tuesday, July 30th. The asset manager reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.13. The firm had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Voya Financial had a return on equity of 16.11% and a net margin of 10.87%. The company’s revenue was up 8.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.31 EPS. Research analysts anticipate that Voya Financial will post 8.31 EPS for the current year.
About Voya Financial
Voya Financial, Inc engages in the provision of workplace benefits and savings products in the United States and internationally. The company operates through three segments: Wealth Solutions, Health Solutions, and Investment Management. The Wealth Solutions segment offers full-service retirement products; recordkeeping services; stable value and fixed general account investment products; non-qualified plan administration services; and tools, guidance, and services to promote the financial well-being and retirement security of employees.
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