Aetna (AET) Scheduled to Post Quarterly Earnings on Tuesday

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.



The business also recently announced a quarterly dividend, which will be paid on Friday, April 27th. Investors of record on Thursday, April 12th will be given a dividend of $0.50 per share. The ex-dividend date is Wednesday, April 11th. This represents a $2.00 annualized dividend and a dividend yield of 1.13%. Aetna’s dividend payout ratio (DPR) is presently 20.28%.

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.

COPYRIGHT VIOLATION WARNING: “Aetna (AET) Scheduled to Post Quarterly Earnings on Tuesday” was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this story on another publication, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://stocknewstimes.com/2018/04/24/aetna-aet-scheduled-to-post-quarterly-earnings-on-tuesday.html.

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.

Earnings History for Aetna (NYSE:AET)

Receive News & Ratings for Aetna Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aetna and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply