Globe Stock Buy Hold or Sell Recommendation

GL
 Stock
  

USD 121.14  0.73  0.61%   

Allowing for the 90-day total investment horizon and your above-average risk tolerance, our recommendation regarding Globe Life is 'Strong Buy'. 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.
  
The advice is provided from Globe Life's buy-and-hold perspective. Please check 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. We conduct extensive research on individual companies such as Globe and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Globe Life.

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

Execute Advice
Sell Globe LifeBuy Globe Life
Strong Buy

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Globe Life has a Risk Adjusted Performance of 0.3499, Jensen Alpha of 0.273, Total Risk Alpha of 0.2419, Sortino Ratio of 0.1738 and Treynor Ratio of 0.5024
Macroaxis provides investment recommendation on Globe Life to complement and cross-verify current analyst consensus on Globe Life. Our trade recommendations engine determines the entity's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Globe Life is not overpriced, please check out all Globe Life fundamentals, including its price to book, total debt, target price, as well as the relationship between the ebitda and cash flow from operations . Given that Globe Life has a price to earning of 16.54 X, we strongly advise you to confirm Globe Life market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your regular risk tolerance and investing horizon.

Globe Life Trading Alerts and Improvement Suggestions

The company reports 1.55 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.
Over 84.0% of Globe Life shares are owned by institutional investors
On 1st of November 2022 Globe Life paid $ 0.2075 per share dividend to its current shareholders
Latest headline from news.google.com: Sun Life receives Boston Globe Top Places to Work recognition for 5th consecutive year - Marketscreener.com

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 stock 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 Return0.35Value At Risk-2.14
Potential Upside2.47Standard Deviation1.47
   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 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.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares2.4 K243 K
Zwj Investment Counsel IncCommon Shares2.5 K243 K
Zwj Investment Counsel IncCommon Shares2.6 K232 K
Zwj Investment Counsel IncCommon Shares2.6 K205 K
Zweigdimenna Associates LlcCommon Shares4.3 K246 K
Zurich Insurance Group LtdCommon Shares16.4 K1.5 M
Zurich Insurance Group LtdCommon Shares14.4 K1.2 M
Note, although Globe Life's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Globe Life Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(20.29 M)(45.09 M)(42.2 M)(41.76 M)(38.24 M)(41.26 M)
Net Cash Flow or Change in Cash and Cash Equivalents42.4 M2.46 M(45.09 M)18.91 M(2.68 M)(2.9 M)
Issuance Purchase of Equity Shares(351.77 M)(385.66 M)(376.41 M)(395.77 M)(471.61 M)(508.84 M)
Issuance Repayment of Debt Securities57.56 M192.55 M(18.48 M)272.84 M92.29 M93.73 M
Payment of Dividends and Other Cash Distributions(68.83 M)(71.42 M)(74.19 M)(78.19 M)(80.04 M)(86.36 M)
Net Cash Flow from Financing(453.98 M)(391.52 M)(590.51 M)(274.06 M)(523.6 M)(564.94 M)
Net Cash Flow from Investing(926.82 M)(896.22 M)(809.31 M)(1.18 B)(913.37 M)(985.48 M)
Net Cash Flow Investment Acquisitions and Disposals(1.7 B)(1.7 B)(1.5 B)(2.11 B)(1.56 B)(1.69 B)
Net Cash Flow from Operations1.43 B1.28 B1.36 B1.48 B1.44 B1.26 B
Effect of Exchange Rate Changes on Cash(5.85 M)12.56 M(9.15 M)(1.73 M)(3.39 M)(3.48 M)

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
0.27
β
Beta against NYSE Composite0.67
σ
Overall volatility
1.48
Ir
Information ratio 0.16

Globe Life Volatility Alert

Globe Life has relatively low volatility with skewness of 0.07 and kurtosis of 0.71. However, we advise all investors to independently investigate Globe Life to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. 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 stocks 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
FundamentalsGlobe LifePeer Average
Return On Equity10.89 %(0.31) %
Return On Asset0.022 %(0.14) %
Profit Margin0.14 %(1.27) %
Operating Margin0.18 %(5.51) %
Current Valuation13.27 B16.62 B
Shares Outstanding97.27 M571.82 M
Shares Owned by Insiders2.18 %10.09 %
Shares Owned by Institutions83.87 %39.21 %
Number of Shares Shorted1.21 M4.71 M
Price to Earning16.54 X28.72 X
Price to Book2.59 X9.51 X
Price to Sales2.26 X11.42 X
Revenue5.12 B9.43 B
Gross Profit1.32 B27.38 B
EBITDA995.88 M3.9 B
Net Income744.96 M570.98 M
Cash and Equivalents171.36 M2.7 B
Cash per Share1.76 X5.01 X
Total Debt1.55 B5.32 B
Debt to Equity0.47 %48.70 %
Current Ratio0.62 X2.16 X
Book Value Per Share44.97 X1.93 K
Cash Flow from Operations1.44 B971.22 M
Short Ratio1.87 X4.00 X
Earnings Per Share7.09 X3.12 X
Price to Earnings To Growth0.97 X4.89 X
Target Price121.0
Number of Employees3.22 K18.84 K
Beta0.84-0.15
Market Capitalization11.71 B19.03 B
Total Asset29.77 B29.47 B
Retained Earnings5.2 B9.33 B
Z Score3.08.72
   Exercise or conversion by Steven DiChiaro of 10000 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.

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.
 2019 2020 2021 2022 (projected)
Cash and Equivalents75.93 M94.85 M92.16 M109.03 M
Total Assets25.98 B29.05 B29.77 B24.9 B

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.

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Run Moderate Thematic Idea Now

Moderate
Moderate Theme
Funds or Etfs that combine stocks, bonds and money market instruments to get modest capital appreciation over time. The Moderate theme has 40 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 Moderate Theme or any other thematic opportunities.
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Please check 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. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Globe Life 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 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 YOY
0.033
Market Capitalization
11.7 B
Quarterly Revenue Growth YOY
0.011
Return On Assets
0.022
Return On Equity
10.89
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 Globe Life value 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.