Professional
Added to YB: 2025-01-09
Pitch date: 2025-01-08
GL [bullish]
Globe Life Inc.
+40.32%
current return
Author Info
No bio for this author
Company Info
Globe Life Inc., through its subsidiaries, provides various life and supplemental health insurance products to lower middle- and middle-income families in the United States.
Market Cap
$11.9B
Pitch Price
$111.60
Price Target
143.00 (-9%)
Dividend
0.86%
EV/EBITDA
9.07
P/E
10.57
EV/Sales
2.45
Sector
Insurance
Category
turnaround
Globe Life Upgraded to Outperform: Price Target Raised to $143 by Evercore
GL: Evercore upgrades to Outperform, PT $143. Recovered from short-seller claims, but still -30% vs sector. DOJ risk diminished post-election. Medicare margin recovery, strong mortality & growth expected. 2025/26 EPS est. +1-2% vs consensus. FCF to boost buybacks. 10% EPS growth for 2026.
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