Is Globe Life Stock a Good Investment?
Globe Life Investment Advice | GL |
- Examine Globe Life's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Globe Life's leadership team and their track record. Good management can help Globe Life navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Life & Health Insurance space and any emerging trends that could impact Globe Life's business and its evolving consumer preferences.
- Compare Globe Life's performance and market position to its competitors. Analyze how Globe Life is positioned in terms of product offerings, innovation, and market share.
- Check if Globe Life pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Globe Life's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Globe Life stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Globe Life is a good investment.
Sell | Buy |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Globe Life Stock
Researching Globe Life's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 84.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.24. Some equities with similar Price to Book (P/B) outperform the market in the long run. Globe Life has Price/Earnings To Growth (PEG) ratio of 0.97. The entity recorded earning per share (EPS) of 10.46. The firm last dividend was issued on the 4th of April 2024. Globe Life had 3:2 split on the 2nd of July 2014.
To determine if Globe Life is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Globe Life's research are outlined below:
| 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 accesswire.com: INVESTIGATION ALERT The Schall Law Firm Announces it is Investigating Claims Against Globe Life Inc. and Encourages Investors with Losses to Contact the Firm |
Globe Life uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Globe Life. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Globe Life's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Globe Life's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Globe Life's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
1998-10-22 | 1998-09-30 | 0.29 | 0.25 | -0.04 | 13 |
Know Globe Life's Top 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 originate 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's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 7.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Globe Life's market, we take the total number of its shares issued and multiply it by Globe Life's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Globe Life's profitablity analysis
Globe Life's profitability indicators refer to fundamental financial ratios that showcase Globe Life's ability to generate income relative to its revenue or operating costs. If, let's say, Globe Life is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Globe Life's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Globe Life's profitability requires more research than a typical breakdown of Globe Life's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.05 | 0.05 | |
| Return On Assets | 0.03 | 0.04 | |
| Return On Equity | 0.22 | 0.18 |
Determining Globe Life's profitability involves analyzing its financial statements and using various financial metrics to determine if Globe Life is a good buy. For example, gross profit margin measures Globe Life's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Globe Life's profitability and make more informed investment decisions.
The data published in Globe Life's official financial statements usually reflect Globe Life's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Globe Life. For example, before you start analyzing numbers published by Globe accountants, it's critical to develop an understanding of what Globe Life's liquidity, profitability, and earnings quality are in the context of the Insurance space in which it operates.
Please note, the presentation of Globe Life's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Globe Life's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Globe Life's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Globe Life. Please utilize our Beneish M Score to check the likelihood of Globe Life's management manipulating its earnings.
Evaluate Globe Life's management efficiency
Globe Life has Return on Asset (ROA) of 0.03 % which means that for every $100 of assets, it generated a profit of $0.03. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.2301 %, which means that it produced $0.2301 on every 100 dollars invested by current stockholders. Globe Life's management efficiency ratios could be used to measure how well Globe Life manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Globe Life's Return On Tangible Assets are quite stable compared to the past year. Return On Assets is expected to rise to 0.04 this year, although the value of Return On Capital Employed will most likely fall to 0.05. At this time, Globe Life's Return On Tangible Assets are quite stable compared to the past year. Intangibles To Total Assets is expected to rise to 0.03 this year, although the value of Other Current Assets will most likely fall to about 1.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 47.18 | 49.54 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | (21.08) | (20.02) | |
| Enterprise Value Over EBITDA | (131.65) | (125.06) | |
| Price Book Value Ratio | 2.58 | 2.45 | |
| Enterprise Value Multiple | (131.65) | (125.06) | |
| Price Fair Value | 2.58 | 2.45 | |
| Enterprise Value | 13.6 B | 14.3 B |
The analysis of Globe Life's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Globe Life's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Globe Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0123 | Forward Dividend Yield 0.0123 | Forward Dividend Rate 0.96 | Beta 0.68 |
Basic technical analysis of Globe Stock
As of the 1st of May, Globe Life retains the Market Risk Adjusted Performance of (1.13), standard deviation of 7.52, and Risk Adjusted Performance of (0.02). Globe Life technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to break down and interpolate thirteen technical drivers for Globe Life, which can be compared to its competitors. Please check out Globe Life information ratio and potential upside to decide if Globe Life is priced fairly, providing market reflects its last-minute price of 76.17 per share. Given that Globe Life has information ratio of (0.05), we strongly advise you to confirm Globe Life's regular market performance to make sure the company can sustain itself at a future point.Globe Life's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Globe Life insiders, such as employees or executives, is commonly permitted as long as it does not rely on Globe Life's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Globe Life insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Cheryl Alston over two weeks ago Acquisition by Cheryl Alston of 1475 shares of Globe Life subject to Rule 16b-3 | ||
Zucconi Paul J over six months ago Globe Life exotic insider transaction detected |
Globe Life's Outstanding Corporate Bonds
Globe Life issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Globe Life uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Globe bonds can be classified according to their maturity, which is the date when Globe Life has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| US37959EAA01 Corp BondUS37959EAA01 | View | |
| GL 48 15 JUN 32 Corp BondUS37959EAB83 | View |
Understand Globe Life's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Globe Life's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (1.13) | |||
| Mean Deviation | 2.63 | |||
| Coefficient Of Variation | (2,289) | |||
| Standard Deviation | 7.52 | |||
| Variance | 56.57 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (1.14) | |||
| Maximum Drawdown | 55.16 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 5.44 | |||
| Skewness | (5.04) | |||
| Kurtosis | 39.06 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (1.13) | |||
| Mean Deviation | 2.63 | |||
| Coefficient Of Variation | (2,289) | |||
| Standard Deviation | 7.52 | |||
| Variance | 56.57 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (1.14) | |||
| Maximum Drawdown | 55.16 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 5.44 | |||
| Skewness | (5.04) | |||
| Kurtosis | 39.06 |
Consider Globe Life's intraday indicators
Globe Life intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Globe Life stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 479016.0 | |||
| Daily Balance Of Power | (0.26) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 75.19 | |||
| Day Typical Price | 75.52 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | (1.92) | |||
| Relative Strength Index | 23.94 |
Globe Life Corporate Filings
| 30th of April 2024 Other Reports | ViewVerify | |
8K | 29th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 26th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 18th of March 2024 Other Reports | ViewVerify |
Globe Stock media impact
Far too much social signal, news, headlines, and media speculation about Globe Life that are available to investors today. That information is available publicly through Globe media outlets and privately through word of mouth or via Globe internal channels. However, regardless of the origin, that massive amount of Globe data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Globe Life news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Globe Life relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Globe Life's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Globe Life alpha.
Globe Life Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Globe Life can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Globe Life Historical Investor Sentiment
Investor biases related to Globe Life's public news can be used to forecast risks associated with an investment in Globe. The trend in average sentiment can be used to explain how an investor holding Globe can time the market purely based on public headlines and social activities around Globe Life. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Globe Life'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 Globe Life and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Globe Life news discussions. The higher the estimate score, the more favorable the investor's outlook on Globe Life.
Globe Life Maximum Pain Price across 2024-05-03 Option Contracts
Globe Life's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Globe Life close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Globe Life's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Globe Life without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Globe Life Corporate Management
Elected by the shareholders, the Globe Life's board of directors comprises two types of representatives: Globe Life inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Globe. The board's role is to monitor Globe Life's management team and ensure that shareholders' interests are well served. Globe Life's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Globe Life's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Shane Henrie | Corporate Officer | Profile | |
| Pamela Ramirez | Corporate Senior Vice President - Enterprise Transformation | Profile | |
| James Brannen | Independent Director | Profile | |
| Mary Thigpen | Independent Director | Profile |
How to buy Globe Stock?
To provide specific investment advice or recommendations on Globe Life stock, we recommend investors consider the following general factors when evaluating Globe Life. This will help you to make an informed decision on whether to include Globe Life in one of your diversified portfolios:- Examine Globe Life's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Globe Life's leadership team and their track record. Good management can help Globe Life navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Life & Health Insurance space and any emerging trends that could impact Globe Life's business and its evolving consumer preferences.
- Compare Globe Life's performance and market position to its competitors. Analyze how Globe Life is positioned in terms of product offerings, innovation, and market share.
- Check if Globe Life pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Globe Life's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Globe Life stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Globe Life is a good investment.
Already Invested in Globe Life?
The danger of trading Globe Life is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Globe Life is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Globe Life. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Globe Life is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Globe Life is a strong investment it is important to analyze Globe Life's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Globe Life's future performance. For an informed investment choice regarding Globe Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Globe Life. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Globe Stock please use our How to buy in Globe Stock guide.You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
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 0.171 | Dividend Share 0.675 | Earnings Share 10.46 | Revenue Per Share 58.678 | Quarterly Revenue Growth 0.072 |
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.
In summary, please note that there is a difference between Globe Life's value and its price, as these two are different measures arrived at by various 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.