Cigna Corp Stock EBITDA

CI Stock  USD 363.19  0.15  0.04%   
Cigna Corp fundamentals help investors to digest information that contributes to Cigna Corp's financial success or failures. It also enables traders to predict the movement of Cigna Stock. The fundamental analysis module provides a way to measure Cigna Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cigna Corp stock.
The Cigna Corp's current EBITDA is estimated to increase to about 5.4 B.
  
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Cigna EBITDA Analysis

Cigna Corp's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

Cigna Corp Ebitda

5.42 Billion

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Cigna Corp EBITDA

    
  5.16 B  
Most of Cigna Corp's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cigna Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Cigna EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Cigna Corp is extremely important. It helps to project a fair market value of Cigna Stock properly, considering its historical fundamentals such as EBITDA. Since Cigna Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cigna Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cigna Corp's interrelated accounts and indicators.
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Click cells to compare fundamentals
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Cigna Ebitda

Ebitda

5.42 Billion

As of now, Cigna Corp's EBITDA is decreasing as compared to previous years.
According to the company disclosure, Cigna Corp reported earnings before interest,tax, depreciation and amortization of 5.16 B. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The ebitda for all United States stocks is 32.46% lower than that of the firm.

Cigna EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cigna Corp's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cigna Corp could also be used in its relative valuation, which is a method of valuing Cigna Corp by comparing valuation metrics of similar companies.
Cigna Corp is currently under evaluation in ebitda category among related companies.

Cigna Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Cigna Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Cigna Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Cigna Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Cigna Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Cigna Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Cigna Corp's value.
Shares
Norges Bank2023-12-31
3.4 M
Northern Trust Corp2023-12-31
3.1 M
Bank Of America Corp2023-12-31
2.9 M
Amundi2023-12-31
2.8 M
Legal & General Group Plc2023-12-31
2.7 M
Bank Of New York Mellon Corp2023-12-31
2.7 M
Nuveen Asset Management, Llc2023-12-31
2.7 M
Parnassus Investments, Llc2023-12-31
2.7 M
Goldman Sachs Group Inc2023-12-31
2.5 M
Vanguard Group Inc2023-12-31
24.8 M
Blackrock Inc2023-12-31
24.6 M

Cigna Fundamentals

About Cigna Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Cigna Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cigna Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cigna Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
EBITDA5.2 B5.4 B

Cigna Corp Investors Sentiment

The influence of Cigna Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cigna. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cigna Corp's public news can be used to forecast risks associated with an investment in Cigna. The trend in average sentiment can be used to explain how an investor holding Cigna can time the market purely based on public headlines and social activities around Cigna Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cigna Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cigna Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cigna Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cigna Corp.

Cigna Corp Implied Volatility

    
  18.81  
Cigna Corp's implied volatility exposes the market's sentiment of Cigna Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cigna Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cigna Corp stock will not fluctuate a lot when Cigna Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cigna Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cigna Corp's short interest history, or implied volatility extrapolated from Cigna Corp options trading.

Pair Trading with Cigna Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cigna Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cigna Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cigna Stock

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The ability to find closely correlated positions to Cigna Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cigna Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cigna Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cigna Corp to buy it.
The correlation of Cigna Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cigna Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cigna Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cigna Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
Check out Cigna Corp Piotroski F Score and Cigna Corp Altman Z Score analysis.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for Cigna Stock analysis

When running Cigna Corp's price analysis, check to measure Cigna Corp'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 Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cigna Corp'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 Cigna Corp. If investors know Cigna 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 Cigna Corp 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
(0.10)
Dividend Share
4.92
Earnings Share
17.4
Revenue Per Share
664.145
Quarterly Revenue Growth
0.116
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp'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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp'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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp'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.