Ratings for Voya Financial VOYA were provided by 11 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 9 | 1 | 0 | 0 |
| Last 30D | 0 | 2 | 0 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 2 | 0 | 0 | 0 |
| 3M Ago | 1 | 4 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $88.0, a high estimate of $95.00, and a low estimate of $81.00. This upward trend is apparent, with the current average reflecting a 1.9% increase from the previous average price target of $86.36.
Diving into Analyst Ratings: An In-Depth Exploration
The analysis of recent analyst actions sheds light on the perception of Voya Financial by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Thomas Gallagher | Evercore ISI Group | Lowers | Outperform | $89.00 | $94.00 |
| Alex Scott | Barclays | Lowers | Overweight | $81.00 | $85.00 |
| Kenneth Lee | RBC Capital | Raises | Outperform | $95.00 | $90.00 |
| John Barnidge | Piper Sandler | Raises | Overweight | $91.00 | $88.00 |
| Kenneth Lee | RBC Capital | Raises | Outperform | $90.00 | $83.00 |
| Joshua Shanker | B of A Securities | Raises | Buy | $88.00 | $84.00 |
| Elyse Greenspan | Wells Fargo | Raises | Overweight | $90.00 | $87.00 |
| Alex Scott | Barclays | Raises | Overweight | $85.00 | $84.00 |
| Jimmy Bhullar | JP Morgan | Maintains | Neutral | $87.00 | $87.00 |
| John Barnidge | Piper Sandler | Raises | Overweight | $88.00 | $84.00 |
| John Barnidge | Piper Sandler | Maintains | Overweight | $84.00 | $84.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Voya Financial. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Voya Financial compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Voya Financial's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Voya Financial's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Voya Financial analyst ratings.
Unveiling the Story Behind Voya Financial
Voya Financial Inc is a financial services company, which, through its subsidiaries, provides various investment, insurance, and retirement solutions to individual and institutional clients in the United States. Its products and services include tax savings plans, individual retirement accounts, group life insurance plans, and employee benefits products, among others. The company tailors each of its products to the needs of its customer base. It operates its business through three principal lines: Wealth Solutions, Investment Management, and Health Solutions The Wealth segment generates roughly half of the company's revenue.
Voya Financial: A Financial Overview
Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Voya Financial showcased positive performance, achieving a revenue growth rate of 8.49% as of 30 September, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Financials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 5.08%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Voya Financial's ROE stands out, surpassing industry averages. With an impressive ROE of 2.24%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Voya Financial's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.06%, the company may face hurdles in achieving optimal financial performance.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.77.
Analyst Ratings: Simplified
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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