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Stock Charts AI Power Rank: 2.7
Power Rank trend -> Rising
01/17/2025 16:25:00 EST
Cigna Corp (CI)
Industry: Healthcare Plans
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, CI has been trading in a range between $285.03 and $274.49 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Cigna Corp $CI entered a Red zone 78 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $395.7275, a potential upside of 39.35% from the recent price of 283.99. The stock is trading 30.03% (potential upside) below its 52 week high of $369.28 and 8.38 % (potential downside) above its 52 week low of $262.03 - based on the recent price.
Company Summary
The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations.
News
| Cigna: Buy The Drop On This Undervalued Growth Stock Cigna's current valuation presents a compelling opportunity, trading at a forward PE of 9.9, significantly below its historical average of 12.0x. The company carries diversified revenue streams and consistent earnings growth, with Healthcare and Evernorth divisions driving strong performance and a 13% EPS CAGR over 10 years. Management targets 10-14% long-term annual EPS growth, supported by increased biosimilar adoption, behavioral health services growth, and aggressive share buybacks. Source: Seeking Alpha Sat, 18 Jan 2025 11:30:00 -0500 Sentiment: Positive |
| Focus On Costs, Regulatory Outlook For Health Insurers In Q4'24 Earnings Season Most publicly traded US health insurers are forecast to report sequential revenue and earnings declines for the fourth quarter of 2024, according to S&P Global Market Intelligence analysis of sell-side analyst forecasts. Coming off a challenging end to 2024, the upcoming earnings season is an opportunity for managed care companies to focus on 2025 expectations and Medicare Advantage growth, according to J.P. Morgan analyst Lisa Gill. UnitedHealth and Oscar Health are expected to log sequential and year-over-year revenue growth. Source: Seeking Alpha Thu, 16 Jan 2025 10:50:00 -0500 Sentiment: Negative |
| FTC Report Reveals PBM Practices Impacting Competition and Drug Costs The report comes at a time when insurers are grappling with rising medical costs. Source: Zacks Investment Research Wed, 15 Jan 2025 11:31:15 -0500 Sentiment: Negative |
| The Cigna Group's Fourth Quarter 2024 Earnings Release Details BLOOMFIELD, Conn. , Jan. 14, 2025 /PRNewswire/ -- Global health company The Cigna Group (NYSE:CI) will release its fourth quarter 2024 financial results on Thursday, January 30, 2025, and will host a conference call the same day. Source: PRNewsWire Tue, 14 Jan 2025 09:00:00 -0500 Sentiment: Neutral |
| Cigna Healthcare Expands Access to Fertility and Family-Building Benefits and Services BLOOMFIELD, Conn. , Jan. 13, 2025 /PRNewswire/ -- Cigna Healthcare, the health benefits division of The Cigna Group (NYSE: CI), today announced a new offering in collaboration with Progyny, Inc (Nasdaq: PGNY) that makes best-in-class fertility and family-building services accessible and equitable for more employers. Source: PRNewsWire Mon, 13 Jan 2025 08:00:00 -0500 Sentiment: Neutral |
Technicals 52 Week Hi: 369.2798 52 Week Low: 262.0303 Beta: 0.511 50 Day MA: 303.4126 200 Day MA: 332.603 Earnings / Revenue Trends Qtr Earnings Growth YOY: -0.445 Qtr Revenue Growth YOY: 0.28 Forward PE: 9.0171 Trailing PE: 26.944