|Bid||239.93 x 100|
|Ask||240.05 x 100|
|Day's Range||238.63 - 245.80|
|52 Week Range||174.96 - 267.95|
|PE Ratio (TTM)||16.66|
|Earnings Date||Jul 25, 2018|
|Forward Dividend & Yield||3.00 (1.26%)|
|1y Target Est||279.61|
Anthem (ANTM), which is an American health insurance company, was the S&P 500’s second-best performer on April 25. After regaining strength last week, Anthem started this week on a stable note. On April 25, Anthem opened the day higher and surged to 11-week high price levels.
Stocks battled back from initial losses on Wednesday to close with modest gains. The Dow Jones Industrial Average gained 0.3% to end a five-day losing streak. The Nasdaq Composite lost 0.1%, however, to take its losing streak to five days.
Anthem’s acquisition of regional health plans may not be enough to satisfy investors and some analysts looking for a big deal to keep up with UnitedHealth Group and Aetna’s sale to CVS Health to form a larger company that provides and pays for healthcare. Anthem chief executive officer Gail Boudreaux told analysts Wednesday that the insurer has plans to grow its IngenioRx pharmacy benefit management company, but that doesn’t launch until the end of 2019.
It’s the second time Patel is selling a $1 billion-plus health care insurance business.
Let’s talk about the popular Anthem Inc (NYSE:ANTM). The company’s shares saw significant share price volatility over the past couple of months on the NYSE, rising to the highs ofRead More...
In late October 2017, U.S. drugstore operator CVS Health Corp (NYSE:CVS) announced intentions to acquire U.S. health insurer Aetna Inc (NYSE:AET) in a $69 billion dollar deal that promised to permanently alter the healthcare industry. Indeed, Aetna stock traveled all the way to near $200 in late January 2018.
Anthem Inc reported a stronger-than-expected first- quarter profit on Wednesday as it kept a tight leash on medical costs, prompting the health insurer to raise its full-year profit forecast. Anthem was able to hold medical costs down across all of its segments, and said its reduced Obamacare footprint helped.
UnitedHealth Group (UNH) stock recorded a rise of ~3.5% on April 17, as the company posted strong 1Q18 results. On April 19, UNH stock closed at $235.76 per share. The company beat analysts’ estimates for its sales, earnings, and profit estimates and raised its fiscal 2018 outlook. UNH stock is trading higher than its 50-day moving average of $224.87 and its 200-day moving average of $220.79.
Health insurer Anthem lifted its full-year profit guidance on Wednesday after delivering upbeat earnings on the back of lower medical costs and a move away from Obamacare exchanges. The Indianapolis-based company said net income climbed 30 per cent from a year ago to $1.3bn in the three months ended in March.
Anthem's first-quarter earnings shot up 30 percent, and the Blue Cross-Blue Shield insurer hiked its 2018 forecast, as a drop in medical expenses bolstered its performance. The nation's second-largest ...
UnitedHealth Group (UNH), the world’s largest healthcare company by revenue, reported its fiscal 1Q18 earnings results on April 17, 2018. The company’s sales and earnings results exceeded Wall Street analysts’ estimates.
NEW YORK, NY / ACCESSWIRE / April 25, 2018 / Anthem, Inc. (NYSE: ANTM ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 25, 2018 at 8:30 AM Eastern Time. To listen ...
Health insurer Anthem Inc said its quarterly profit rose 30 percent, largely due to lower costs. Anthem's net income rose to $1.31 billion, or $4.99 per share, in the first quarter ended March 31, from ...
Anthem, Inc. reported strong first quarter 2018 financial results and improved margins while continuing to make strategic investments in growth initiatives.
Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national shareholder and consumer rights litigation firm, is investigating whether certain directors and officers of Anthem, Inc. (“Anthem” or the “Company”) (ANTM) breached their fiduciary duties to the Company and its shareholders. If you are an Anthem shareholder, you are encouraged to contact Scott+Scott for additional information. Specifically, our investigation focuses on Anthem’s failed $54 billion attempted merger with Cigna and whether Anthem’s officers and directors misled investors and the DOJ when they stated publicly that the merger would lead to improved efficiencies and reduce health care costs.
Severe flu activity in the first quarter should benefit companies in the health care space, while insurers might feel the pinch from the same.
In 1Q18, UnitedHealth Group (UNH) generated ~$23.6 billion of its total sales from its Optum division. The revenues from the Optum business represented a YoY (year-over-year) growth of ~11.1%.
In the second week of April 2018, St. Jude Children’s Research Hospital announced the launch of the St. Jude Cloud, which it described as the world’s largest public store of pediatric cancer genomics data. The St. Jude Cloud runs on Microsoft’s (MSFT) Azure cloud computing platform.