From Nasdaq:

In the latest trading session, Cigna (CI) closed at $299.45, marking a +0.02% move from the previous day. The stock’s change was more than the S&P 500’s daily loss of 0.28%. At the same time, the Dow lost 0.06%, and the tech-heavy Nasdaq lost 0.56%. Coming into today, shares of the health insurer had gained 13.89% in the past month. In that same time, the Medical sector gained 6.56%, while the S&P 500 gained 5.24%.

The investment community will be paying close attention to the earnings performance of Cigna in its upcoming release. The company is predicted to post an EPS of $6.52, indicating a 31.45% growth compared to the equivalent quarter last year. Alongside, our most recent consensus estimate is anticipating revenue of $48.85 billion, indicating a 6.79% upward movement from the same quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $24.82 per share and revenue of $192.94 billion, indicating changes of +6.66% and +6.81%, respectively, compared to the previous year.

From a valuation perspective, Cigna is currently exchanging hands at a Forward P/E ratio of 12.06. This denotes a discount relative to the industry’s average Forward P/E of 16.1. The Medical – HMOs industry is part of the Medical sector. This industry, currently bearing a Zacks Industry Rank of 162, finds itself in the bottom 36% echelons of all 250+ industries.

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