The Cigna Group (NYSE:CI) Issues Quarterly Earnings Results

The Cigna Group (NYSE:CI) posted its quarterly earnings data on Thursday. The health services provider reported $6.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $7.84 by ($1.20), RTT News reports. The Cigna Group had a net margin of 1.31% and a return on equity of 18.42%. During the same period in the prior year, the business earned $6.79 earnings per share. The Cigna Group updated its FY 2025 guidance to 29.500- EPS.

The Cigna Group Stock Performance

Shares of CI opened at $295.48 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.71. The firm has a market cap of $82.19 billion, a PE ratio of 27.84, a P/E/G ratio of 0.82 and a beta of 0.54. The Cigna Group has a 12 month low of $262.03 and a 12 month high of $370.83. The stock has a fifty day moving average price of $295.09 and a 200-day moving average price of $324.69.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on CI shares. Stephens restated an “overweight” rating and set a $410.00 price objective on shares of The Cigna Group in a report on Friday, November 1st. Cantor Fitzgerald restated an “overweight” rating and issued a $400.00 price target on shares of The Cigna Group in a report on Wednesday, October 23rd. Piper Sandler reiterated an “overweight” rating and set a $394.00 price objective (up previously from $392.00) on shares of The Cigna Group in a report on Tuesday, November 5th. Truist Financial dropped their target price on shares of The Cigna Group from $420.00 to $390.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of The Cigna Group from $398.00 to $394.00 and set a “buy” rating for the company in a research note on Monday, November 4th. One investment analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, The Cigna Group has a consensus rating of “Buy” and an average price target of $389.21.

About The Cigna Group

The Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers.