Globe Life Inc.
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DuPont Completes Qnity™ Board of Directors
Prnewswire· 2025-06-11 12:00
Core Insights - DuPont has announced the appointment of Mark A. Blinn as chairman and Dr. Yi Hyon Paik as a director of the future board of Qnity Electronics, Inc., which is set to be an independent public company following DuPont's spin-off of its Electronics business [1][2][3] Company Overview - DuPont is recognized as a global innovation leader, providing technology-based materials and solutions across various industries, including electronics, transportation, construction, water, healthcare, and worker safety [4] Leadership Experience - Mark A. Blinn has extensive experience, having served as CEO, president, and director of Flowserve Corporation until 2017, and is currently on the board of Texas Instruments, Emerson Electric Co., and Globe Life Inc. [1][2] - Dr. Yi Hyon Paik brings over 20 years of experience in semiconductors and electronics materials, previously holding significant roles at Samsung SDI and The Dow Chemical Company, and currently serves on the board of Orion S.A. [2] Future Board Composition - The Qnity Board will consist of a diverse group of leaders with extensive experience in the semiconductor sector, aimed at guiding the future success of Qnity as a pure play electronics company [3][6]
Trading Near 52-Week High, Why GL Stock is Still Worth Buying Now
ZACKS· 2025-03-27 14:25
Core Viewpoint - Globe Life Inc. (GL) demonstrates strong investor confidence with its stock trading near a 52-week high, indicating potential for further price appreciation and solid upward momentum as it trades above key moving averages [1] Financial Performance - Earnings of Globe Life grew by 13.3% over the last five years, surpassing the industry average growth of 6.5% [2] - The stock has a solid track record of beating earnings estimates, achieving an average surprise of 4.36% in three of the last four quarters [2] Market Performance - Globe Life shares have gained 17% year to date, outperforming the industry decline of 5.3% and the Zacks S&P 500 composite's decline of 2.2% [3][4] Growth Projections - The Zacks Consensus Estimate for Globe Life's 2025 earnings per share indicates a year-over-year increase of 12.1%, with revenues projected at $6.08 billion, reflecting a 5.1% improvement [6] - For 2026, earnings per share and revenues are expected to increase by 8.5% and 5.1%, respectively, compared to 2025 estimates [6] Analyst Sentiment - Positive sentiment from analysts is evident, with six out of seven analysts raising estimates for 2025 and four for 2026 in the past 60 days, leading to a 2.3% and 0.9% upward revision in consensus estimates [7] Return on Capital - Globe Life's trailing 12-month return on equity stands at 21.9%, exceeding the industry average of 17.2%, indicating effective utilization of shareholder funds [8] - The return on invested capital (ROIC) is 13.1%, significantly higher than the industry average of 4.7%, reflecting efficient capital utilization [9] Valuation - Globe Life shares are trading at a price-to-book multiple of 9.22, lower than the industry average of 14.84, suggesting a favorable entry point for investors [10] Conclusion - Factors such as higher life and health sales, improved invested assets, increased productivity, strong liquidity, and effective capital deployment position Globe Life as an attractive investment opportunity [11] - The current affordability of the stock further supports the case for potential investment [12]