Aetna (NYSE:AET) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, May 1st. Analysts expect the company to announce earnings of $2.98 per share for the quarter.
Aetna (NYSE:AET) last posted its earnings results on Tuesday, January 30th. The company reported $1.25 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.18 by $0.07. The business had revenue of $14.74 billion during the quarter, compared to the consensus estimate of $14.79 billion. Aetna had a return on equity of 21.50% and a net margin of 3.15%. Aetna’s revenue was down 6.2% on a year-over-year basis. During the same quarter last year, the company earned $0.08 EPS. On average, analysts expect Aetna to post $11 EPS for the current fiscal year and $12 EPS for the next fiscal year.
Aetna stock opened at $177.10 on Tuesday. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 0.52. The company has a market cap of $57,842.67, a P/E ratio of 17.96, a P/E/G ratio of 1.43 and a beta of 0.67. Aetna has a one year low of $132.16 and a one year high of $194.40.
AET has been the subject of several analyst reports. Cowen restated a “buy” rating and set a $212.00 target price on shares of Aetna in a research report on Tuesday, January 30th. Piper Jaffray restated a “buy” rating and set a $212.00 target price on shares of Aetna in a research report on Tuesday, January 30th. Deutsche Bank upgraded Aetna from a “hold” rating to a “buy” rating and raised their target price for the stock from $195.00 to $212.00 in a research report on Monday, January 22nd. ValuEngine upgraded Aetna from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Jefferies Group restated a “hold” rating and set a $205.00 target price on shares of Aetna in a research report on Wednesday, January 31st. Nine investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $189.50.
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Aetna Company Profile
Aetna Inc operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management service, dental, behavioral health, and vision plans on an insured and employer-funded basis.
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