Globe Life Stock Buy Hold or Sell Recommendation
| GL Stock | USD 66.74 1.74 2.68% |
Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Globe Life is 'Strong Sell'. Macroaxis provides Globe Life buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding GL positions. The advice algorithm takes into account all of Globe Life's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Globe Life's buy or sell advice are summarized below:
Real Value 81.23 | Target Price 126.56 | Hype Value 64.92 | Market Value 66.74 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Globe Life given historical horizon and risk tolerance towards Globe Life. When Macroaxis issues a 'buy' or 'sell' recommendation for Globe Life, the advice is generated through an automated system that utilizes algorithms and statistical models.
Globe |
Execute Globe Life Buy or Sell Advice
The Globe recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Globe Life. Macroaxis does not own or have any residual interests in Globe Life or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Globe Life's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost neglects market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Globe Life Trading Alerts and Improvement Suggestions
| Globe Life generated a negative expected return over the last 90 days | |
| Globe Life has high historical volatility and very poor performance | |
| The company reports 2.12 B of total liabilities with total debt to equity ratio (D/E) of 0.47, which is normal for its line of buisiness. Globe Life has a current ratio of 0.61, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Globe Life until it has trouble settling it off, either with new capital or with free cash flow. So, Globe Life's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Globe Life sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Globe to invest in growth at high rates of return. When we think about Globe Life's use of debt, we should always consider it together with cash and equity. | |
| Globe Life has a strong financial position based on the latest SEC filings | |
| Over 84.0% of Globe Life shares are owned by institutional investors | |
| Latest headline from benzinga.com: Acquisition by M Henrie of 1150 shares of Globe Life at 98.32 subject to Rule 16b-3 |
Globe Life Returns Distribution Density
The distribution of Globe Life's historical returns is an attempt to chart the uncertainty of Globe Life's future price movements. The chart of the probability distribution of Globe Life daily returns describes the distribution of returns around its average expected value. We use Globe Life price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Globe Life returns is essential to provide solid investment advice for Globe Life.
| Mean Return | -0.5 | Value At Risk | -2.81 | Potential Upside | 2.80 | Standard Deviation | 7.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Globe Life historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Globe Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Globe Life is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Globe Life backward and forwards among themselves. Globe Life's institutional investor refers to the entity that pools money to purchase Globe Life's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Apg All Pensions Group | 2023-12-31 | 1.3 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.2 M | Regions Financial Corp | 2023-12-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | Norges Bank | 2023-12-31 | 1 M | Northern Trust Corp | 2023-12-31 | 969.4 K | Nuveen Asset Management, Llc | 2023-12-31 | 917.6 K | Legal & General Group Plc | 2023-12-31 | 772.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 761.7 K | Vanguard Group Inc | 2023-12-31 | 10.8 M | Blackrock Inc | 2023-12-31 | 6.7 M |
Globe Life Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (45.1M) | 18.9M | (2.7M) | 396K | 10.6M | 11.1M | |
| Free Cash Flow | 1.3B | 1.4B | 1.4B | 1.4B | 1.4B | 902.4M | |
| Depreciation | 551.7M | 575.8M | 603.8M | 624.4M | 21M | 20.0M | |
| Other Non Cash Items | (694.7M) | (752.0M) | (856.0M) | (857.4M) | (324.3M) | (308.1M) | |
| Dividends Paid | 74.2M | 78.2M | 80.0M | 80.5M | 84.1M | 52.3M | |
| Capital Expenditures | 42.2M | 41.8M | 38.2M | 27.9M | 49.6M | 52.0M | |
| Net Income | 760.8M | 731.8M | 745.0M | 739.7M | 970.8M | 535.5M | |
| End Period Cash Flow | 75.9M | 94.8M | 92.2M | 92.6M | 103.2M | 53.2M | |
| Investments | (767.1M) | (1.1B) | (818.4M) | (915.1M) | (926.1M) | (972.5M) | |
| Net Borrowings | (139.9M) | 199.9M | 28.0M | (63.9M) | (57.5M) | (54.6M) | |
| Change To Netincome | 127.6M | 159.1M | 122.2M | 153.9M | 176.9M | 185.8M |
Globe Life Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Globe Life or Insurance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Globe Life's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Globe stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.49 | |
β | Beta against NYSE Composite | -0.31 | |
σ | Overall volatility | 7.43 | |
Ir | Information ratio | -0.08 |
Globe Life Volatility Alert
Globe Life is displaying above-average volatility over the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Globe Life's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Globe Life's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Globe Life Fundamentals Vs Peers
Comparing Globe Life's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Globe Life's direct or indirect competition across all of the common fundamentals between Globe Life and the related equities. This way, we can detect undervalued stocks with similar characteristics as Globe Life or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Globe Life's fundamental indicators could also be used in its relative valuation, which is a method of valuing Globe Life by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Globe Life to competition |
| Fundamentals | Globe Life | Peer Average |
| Return On Equity | 0.23 | -0.31 |
| Return On Asset | 0.03 | -0.14 |
| Profit Margin | 0.18 % | (1.27) % |
| Operating Margin | 0.26 % | (5.51) % |
| Current Valuation | 8.16 B | 16.62 B |
| Shares Outstanding | 94.04 M | 571.82 M |
| Shares Owned By Insiders | 2.17 % | 10.09 % |
| Shares Owned By Institutions | 83.50 % | 39.21 % |
| Number Of Shares Shorted | 2.75 M | 4.71 M |
| Price To Earning | 16.54 X | 28.72 X |
| Price To Book | 1.24 X | 9.51 X |
| Price To Sales | 1.02 X | 11.42 X |
| Revenue | 5.45 B | 9.43 B |
| Gross Profit | 1.35 B | 27.38 B |
| EBITDA | 21 M | 3.9 B |
| Net Income | 970.75 M | 570.98 M |
| Cash And Equivalents | 171.36 M | 2.7 B |
| Cash Per Share | 1.76 X | 5.01 X |
| Total Debt | 2.12 B | 5.32 B |
| Debt To Equity | 0.47 % | 48.70 % |
| Current Ratio | 0.62 X | 2.16 X |
| Book Value Per Share | 47.84 X | 1.93 K |
| Cash Flow From Operations | 1.48 B | 971.22 M |
| Short Ratio | 2.84 X | 4.00 X |
| Earnings Per Share | 10.07 X | 3.12 X |
| Price To Earnings To Growth | 0.97 X | 4.89 X |
| Target Price | 125.88 | |
| Number Of Employees | 3.64 K | 18.84 K |
| Beta | 0.68 | -0.15 |
| Market Capitalization | 6.11 B | 19.03 B |
| Total Asset | 28.05 B | 29.47 B |
| Retained Earnings | 7.48 B | 9.33 B |
| Annual Yield | 0.01 % |
Note: Acquisition by Cheryl Alston of 1475 shares of Globe Life subject to Rule 16b-3 [view details]
Globe Life Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Globe . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 150136.0 | |||
| Daily Balance Of Power | 0.5506 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 66.08 | |||
| Day Typical Price | 66.3 | |||
| Price Action Indicator | 1.53 | |||
| Period Momentum Indicator | 1.74 |
About Globe Life Buy or Sell Advice
When is the right time to buy or sell Globe Life? Buying financial instruments such as Globe Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 2.0B | 2.1B | 2.1B | 1.1B | Total Assets | 29.8B | 25.5B | 28.1B | 16.0B |
Use Investing Ideas to Build Portfolios
In addition to having Globe Life in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Insurance Thematic Idea Now
Insurance
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Insurance theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Insurance Theme or any other thematic opportunities.
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Check out Globe Life Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for Globe Stock analysis
When running Globe Life's price analysis, check to measure Globe Life's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Globe Life is operating at the current time. Most of Globe Life's value examination focuses on studying past and present price action to predict the probability of Globe Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Globe Life's price. Additionally, you may evaluate how the addition of Globe Life to your portfolios can decrease your overall portfolio volatility.
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Is Globe Life's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globe Life. If investors know Globe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globe Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.168 | Dividend Share 0.9 | Earnings Share 10.07 | Revenue Per Share 57.283 | Quarterly Revenue Growth 0.06 |
The market value of Globe Life is measured differently than its book value, which is the value of Globe that is recorded on the company's balance sheet. Investors also form their own opinion of Globe Life's value that differs from its market value or its book value, called intrinsic value, which is Globe Life's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globe Life's market value can be influenced by many factors that don't directly affect Globe Life's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globe Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globe Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globe Life's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.