Headed For A Crash? – Anthem, Inc. (ANTM), Flex Ltd. (FLEX)

Anthem, Inc. (NYSE:ANTM) recent drop took place on significantly more volume which surged nearly 1.96 million contracts on 12-Mar-18 versus its daily average of 1.57 million. The first sale was made at $232.2 but later the stock became weaker, and closed with a fall of -1.26%. It was last traded at $229.86 apiece.

Anthem, Inc. (ANTM): Outperform Candidate With 21.68% Upside Potential

Anthem, Inc. is maintained at an average outperform rating by 21 stock analysts, and there are at least 2.22% of shares outstanding that are currently legally short sold. The shares went down by -0.31% in value last month. Year-to-date it jumped 2.16%. Analysts are turning out to be more optimistic than before, with 14 of analysts who cover Anthem, Inc. (NYSE:ANTM) advice adding it to buy candidate list. Wall Street experts also assign a $279.7 price target on Anthem, Inc., pointing towards a 21.68% rally from current levels. The stock is trading for about -14.22% less than its 52-week high.

Anthem, Inc. Reports 0.68% Sales Growth

Anthem, Inc. (ANTM) remained successful in beating the consensus-estimated $1.27 as it actually earned $1.29 per share in its last reported financial results. Revenue, on the other hand, scored 0.68% growth from the previous quarter, coming up with $22.25 billion.

ANTM Retreats -0.94% In A Week

This company shares (ANTM) so far managed to recover 44.87% since collapsing to its 52-week low. Over a month, it has seen its stock price volatility to stay at 1.65% while shortening the period to a week, volatility was 1.96%. The share price has yet to cross its 20 days moving average, floating at a distance of -1.5% and sits -3.09% lower versus its 50 days moving average. When looking at the past five sessions, the stock returned -0.94% losses and is up by 10.37% compared with its 200-day moving average of $217.14. Also, Anthem, Inc. (ANTM) needs to expand a 38.13% increase it experienced over the past twelve months.

Flex Ltd. (NASDAQ:FLEX) Consensus Call At 1.7

As regular trading ended, Flex Ltd. (FLEX) stock brought in a -$0.01 drop to $18.92. The day started at a price of $19 but then traded as high as $19.09 before giving part of the gains back. As for this week, analysts appear content to stick with their bright outlook with the consensus call at 1.7. Flex Ltd. sank -4.01% from their peak of $19.71 and now has a $10 billion market value of equity.

Flex Ltd. Could Grow 12.21% More

They see Flex Ltd. (FLEX) price hitting a mean target of $21.23 a share, meaning the stock still has potential that could lift the price another 12.21% Also, the recent close suggests the stock is underpriced by 26.85% compared to the most bullish target.

Flex Ltd. (FLEX) Returns 5.17% This Year

The company had seen its current volume reaching at 3.65 million shares in the last trade. That compares with the recent volume average of 3.9 million. At the close of regular trading, its last week’s stock price volatility was 2.28% which for the month reaches 1.9%. Flex Ltd. dipped to as low as $18.73 throughout the day and has returned 5.17% in this year. At one point in the past year, the shares traded as low as $14.70 but has recovered 28.71% since then.

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