Added to YB: 2024-12-20
Pitch date: 2024-11-04
SLF [bearish]
Sun Life Financial Inc.
-11.01%
current return
Author Info
No bio for this author
Company Info
Sun Life Financial Inc., a financial services company, provides asset management, wealth, insurance and health solutions to individual and institutional customers in Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda.
Market Cap
CAD 46.3B
Pitch Price
CAD 54.81
Price Target
N/A
Dividend
4.43%
EV/EBITDA
9.62
P/E
15.83
EV/Sales
1.55
Sector
Insurance
Category
value
Sun Life Financial Inc. - $SLF
SLF (short): Potential 3Q miss on US Group Benefits (dental/stop-loss margins). Headwinds: Medicaid redetermination, pricing competition, higher utilization. Trump risk: reduced Medicaid spend. Peak valuation, limited upside. 2x short skew into earnings. Bear case: C$7/sh 2025 EPS (-msd% vs street), 9.5x PE implies mid-teens % downside.
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