What's Happening with CI
Cigna Corp (CI) is scheduled to report Quarter 2 numbers before the market open on August 5. Analysts forecast earnings of $0.22 per share for the quarter. During the same period last year the company earned $0.24, and the stock is up 10.2% on the year.
Technical Analysis
CI was recently trading at $229.44 down $43.37 from its 12-month high and $70.60 above its 12-month low. InvestorsObserver gives CI a 33 long-term technical score and a 81 short-term technical score. The stock has recent support above $226 and recent resistance below $265.85. Of the 16 analysts who cover the stock 13 rate it Strong Buy, 2 rate it Buy, 1 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, CI gets an overall score of 64 from InvestorsObserver.
Analysts' Thoughts
CI has shown annual earnings growth of 18.14% over the last five years, and looking ahead analysts expect the company to grow profits 12.60% per annum the next five years. Last quarter the company posted worse than expected EPS and this quarter the street expects $0.22 EPS. CI is currently trading at $229.44 with an average price target of $294.00.