NEW YORK (TheStreet) -- MetLife intends to sue the U.S. today over a ruling that it poses significant risks to the financial system and warrants tougher federal oversight, the company said, according to the Wall Street Journal. MetLife said in an announcement that it plans to file a lawsuit Tuesday asking a U.S. district-court judge to overturn the move. The nation's largest life insurer by assets would become the first to challenge the "systemically important" designation from the Financial Stability Oversight Council, a panel of regulators chaired by Treasury Secretary Lew that determines which financial firms deserve more scrutiny as a way of averting another widespread crisis, the Journal noted. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Shares of MetLife closed down at $50.43 yesterday. TheStreet Ratings team rates METLIFE INC as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation: "We rate METLIFE INC (MET) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself." Highlights from the analysis by TheStreet Ratings Team goes as follows: METLIFE INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, METLIFE INC increased its bottom line by earning $2.91 versus $1.09 in the prior year. This year, the market expects an improvement in earnings ($5.72 versus $2.91). The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Insurance industry. The net income increased by 115.4% when compared to the same quarter one year prior, rising from $972.00 million to $2,094.00 million. Despite its growing revenue, the company underperformed as compared with the industry average of 21.0%. Since the same quarter one year prior, revenues rose by 15.4%. Growth in the company's revenue appears to have helped boost the earnings per share. Net operating cash flow has significantly increased by 50.89% to $4,029.00 million when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 33.41%. You can view the full analysis from the report here: MET Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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