Voya Financial, Inc. (NYSE:VOYA) average daily volatility for this week is 2.33% which is more than the 2.31% recorded over the past month. Its shares dropped by -13.79% or -$7.62 from its last recorded high of $55.27 which it attained on May 18 to close at $47.65 per share. Over the past 52 weeks, the shares of Voya Financial, Inc. has been trading as low as $36.66 before witnessing a massive surge by 29.98% or $10.99. This price movement has led to the VOYA stock receiving more attention and has become one to watch out for. It dipped by -1.14% on Sunday and this got the market worried. The stock’s beta now stands at 1.44 and when compared to its 200-day moving average and its 50-day moving average, VOYA price stands -0.33% below and 10.52% above respectively.
Voya Financial, Inc. (VOYA) rose 1.47% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -2.1% and is now up by 18.71% since start of this year. A look at its monthly performance shows that the stock has recorded a 13.21% gain over the past 30 days. Its equity price climbed by 5.96% over the past three months which led to its overall six-month decrease to stand at -6.31%.
Experts from research firms are bullish about the near-term performance of Voya Financial, Inc. with most of them predicting a $53 price target on a short-term (12 months) basis. The average price target by the analysts will see a 11.23% rise in the stock and would lead to VOYA’s market cap to surge to $8.34B. The stock has been rated an average 2, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 16 analysts that track Voya Financial, Inc. (NYSE:VOYA) and find out that 2 of them rated it as a Hold. 13 of the 14 analysts rated it as a Buy or a Strong Buy while 1 advised investors to desist from buying the stock or sell it if they already possess it.
A look at VOYA technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 66.25 point. Its trading volume has lost -65037 shares compared to readings over the past three months as it recently exchanged 1604963 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1670000 shares, and this is 0.96 times the normal volume.
The price of Leidos Holdings, Inc. (NYSE:LDOS) currently stands at $62.08 after it went down by $-0.64 or -1.02% and has found a strong support at $61.56 a share. If the LDOS price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $61.05 mark would also be bad for the stock as it means that the stock would plunge by 1.66% from its current position. However, if the stock price is able to trade above the resistance point around $62.81, then it could likely surge higher to try and break the upward resistance which stands at $63.55 a share. Its average daily volatility over the past one month stands at 1.87%. The stock has plunged by 0.48% from its 52-weeks high of $61.78 which it reached on Aug. 21, 2018. In general, it is 18.93% above its 52-weeks lowest point which stands at $50.33 and this setback was observed on Dec. 26, 2018.
Analysts have predicted a price target for Leidos Holdings, Inc. (LDOS) for 1 year and it stands at an average $72.4/share. This means that it would likely increase by 16.62% from its current position. The current price of the stock has been moving between $61.78 and $63.03. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $61. On the other hand, one analyst is super bullish about the price, setting a target as high as $85.
The LDOS stock Stochastic Oscillator (%D) is at 95.4%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 0.93 which compares to the 400.15 recorded by the industry or the 136.8 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 13.82, which is lower than the 24.33 multiple of 12-month price-earnings (P/E). The company’s earnings have gone down, with a quarterly decrease rate of -16% over the past five years.
Analysts view Leidos Holdings, Inc. (NYSE:LDOS) as a Buy, with 0 consensus rating. Reuters surveyed 11 analysts that follow LDOS and found that 2 of those analysts rated the stock as a Hold. The remaining 9 were divided, with 9 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Leidos Holdings, Inc. (LDOS) shares or sell it if they already own it.