◆ NeutralVOYAVOYApBRGARZCPRIBHF

VOYA Stock Gains 48.8% in 6 Months: What Should Investors Do Now?

Zacks Investment Research·
VOYA Stock Gains 48.8% in 6 Months: What Should Investors Do Now?

Voya Financial (VOYA) has gained 48.6% in the past six months, outperforming its industry peers. The company's Retirement business drove growth with $8.1 billion in defined-contribution inflows and 10% fee-based revenue growth. Investment Management operating earnings rose 12% to $57 million with $1.2 billion in net inflows, while Wealth Management revenues increased 12% with assets reaching $33 billion. The stock trades at an attractive valuation of 1.43X price-to-book, below the industry average of 2.26X. However, analysts maintain mixed sentiment with a Zacks Rank #3 (Hold) rating.

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