The Cigna Group (NYSE:CI) Posts Quarterly Earnings Results, Misses Estimates By $1.20 EPS

The Cigna Group (NYSE:CI) posted its earnings results on Thursday. The health services provider reported $6.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 quarter last year, the company earned $6.79 EPS. The Cigna Group updated its FY 2025 guidance to 29.500- EPS.

The Cigna Group Price Performance

The Cigna Group stock opened at $295.48 on Friday. The company has a fifty day simple moving average of $295.09 and a 200-day simple moving average of $324.69. The firm has a market capitalization of $82.19 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 0.82 and a beta of 0.54. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.71. The Cigna Group has a 52-week low of $262.03 and a 52-week high of $370.83.

Analyst Ratings Changes

A number of brokerages have recently commented on CI. Barclays lowered their target price on The Cigna Group from $420.00 to $339.00 and set an “overweight” rating on the stock in a research note on Friday. StockNews.com cut shares of The Cigna Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 4th. Royal Bank of Canada decreased their target price on shares of The Cigna Group from $384.00 to $377.00 and set an “outperform” rating for the company in a research note on Friday, November 1st. Piper Sandler restated an “overweight” rating and set a $394.00 price target (up previously from $392.00) on shares of The Cigna Group in a research report on Tuesday, November 5th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $400.00 price objective on shares of The Cigna Group in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $389.21.

The Cigna Group Company Profile

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.