|Bid||165.00 x 800|
|Ask||166.30 x 1000|
|Day's Range||165.23 - 168.63|
|52 Week Range||162.42 - 226.61|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||15.76|
|Earnings Date||May 1, 2019 - May 11, 2019|
|Forward Dividend & Yield||0.04 (0.02%)|
|1y Target Est||240.64|
Health improvement starts in the community and for the second consecutive year, a group of Cigna employees will be working in close collaboration with local nonprofit organizations across the country – and beyond – to help achieve that goal. Through Cigna’s Community Ambassador Fellowship program, employees will partner with an organization of their choice to positively impact the health and well-being of people in their communities. Introduced in 2017, the Community Ambassador Fellowship program offers eligible employees an opportunity to take a sabbatical-style paid leave from work to support projects that exemplify Cigna’s mission.
Cigna is a United States-based health insurer providing medical, dental, disability, life and accident insurance. Most of Cigna’s insurance is offered through employers, governmental and nongovernmental organizations, unions and associations. Express Scripts is a Pharmacy Benefit Manager (PBM) which manage the costs of paying for prescription drugs on behalf of customers (typically insurers and employers).
Investors are looking ahead to the Federal Reserve's interest rate policy update due later Wednesday. The central bank has signaled that it will be "patient" in raising interest rates. "Against the backdrop of heightened concerns over U.S.-China trade and ahead of the Fed meeting, Asia markets may well trade cautiously once again," Jingyi Pan of IG said in a commentary.
According to GuruFocus' list of 52-week lows, these Guru stocks have reached their 52-week lows. The company has a market cap of $63.26 billion. Warning! GuruFocus has detected 4 Warning Signs with LKSD.
The largest Insider Buys this week were for Twenty-First Century Fox Inc. (FOX), CVS Health Corp. (CVS), Cigna Corp. (CI) and Dominion Energy Inc. (NYSE:D). Executive Chairman Lachlan K. Murdoch bought 316,317 shares of FOX stock on March 14 at the average price of $51.2.
BioDelivery Sciences (BDSI) reports in-line loss in Q4. Sales beat the consensus mark. The company issues encouraging guidance for 2019.
The Cigna Foundation announced a $100,000 grant to Peer Health Exchange, an organization that works with under-resourced high schools in major cities to supplement or provide health education by bringing together high school students and college peers. The unique program equips high school students with the knowledge, skills and resources they need to make healthier choices and navigate the health systems in their communities. With this grant, more than 18,000 ninth graders in Boston, Chicago, Los Angeles, New York and San Francisco will now participate in the program, where college students deliver important health information to high schoolers.
Cigna Corp NYSE:CIView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for CI with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CI. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold CI had net inflows of $2.58 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Healthcare sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. CI credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
DEEP DIVE Stock prices have soared so far this year, following a dismal fourth quarter. But the best sector of 2018 — health care — has shown only a modest gain in 2019. With an aging population and so much government money pouring into the industry, it is only reasonable to try to ride the long-term wave.
To CVS Health CVS and Cigna we now assign positive trend ratings, largely attributable to the competitive benefits we expect these businesses to achieve through their integrations of Aetna and Express Scripts, respectively. Unrivaled scale allows UnitedHealth to price its insurance book commensurate with the lowest cost per insured member of the companies we cover, which has led to industry-leading gains in membership over the past five years.
The pharmacy benefits manager leveraged internal resources to help new moms on their staff ship breast milk while traveling
The Pharmacy Benefit Management Institute has recognized Cigna Pharmacy Management1 with an Excellence Award for Cost Containment for its multi-year effort demonstrating the value of integrated benefits for its customers and clients.
Managed care stocks are approaching support as investors make sense of a proposed "Medicare-for-All" bill. Let's explore three trading ideas.
Several major U.S. companies are reducing their large debt loads, in a move that may be good for stock and bond prices alike.
Assured Guaranty (AGO) fourth quarter results reflect higher net investment income, reduction in expenses and lower tax rate in the quarter.
How Dan Loeb Hopes to Improve Third Point's Performance in 2019(Continued from Prior Part)Reviewing Third Point’s performance After underperforming the markets in 2018, Dan Loeb’s Third Point is “moderately positioning” itself. It’s his
Shares of managed care and provider companies slumped for a second-straight session Thursday, in the wake of the introduction of the Medicare-for-All Act to Congress on Wednesday. The bill, introduced by Reps. Pramila Jayapal of Washington, Debbie Dingell of Michigan and others looks for a quick 2-year transition out of employer-sponsored coverage into single-payor Medicare run by the government. Analyst Gary Taylor at J.P. Morgan said he doesn't expect a quick snap-back rally in the managed care and provider stocks this week, but doesn't believe they could rally off lows by summer. He then expects that rally to fade into the second half of the year, as Democratic Presidential debates begin in the fall. Shares of UnitedHealth Group Inc. lost 3% to pace the Dow Jones Industrial Average's decliners, after losing 4.9% on Wednesday; Cigna Corp. sank 3.4%, after falling 4.0% on Wednesday; Humana Inc. shed 1.0% after dropping 4.8% the day before; WellCare Health Plans Inc. slid 3.3% after giving up 3.9% Wednesday; and Anthem Inc. declined 1.8% after losing 3.6% on Wednesday. In comparison, the Dow slipped 0.2% after easing 0.3% the day before.
U.S. equities are dribbling lower on Thursday as the Trump-Kim summit in Hanoi abruptly ended with no agreement. Adding to the pressure was a batch of weak economic data overnight out of Asia and a stronger-than-expected Q4 GDP report here at home, which could potentially up the pressure on the Federal Reserve to resume its rate hikes.Moreover, the bulls continue to be content with overhead technical resistance near the 2,800 level on the S&P 500 -- a level that has been in play since October.Breath is breaking down a bit here, as traders tighten up positions after a historic start to the year. Healthcare stocks, in particular, are looking vulnerable as politicians once again talk about moving to a single-payer system in the United States.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best High-Growth Stocks for Young Investors Here are four healthcare stocks to avoid: Cigna (CI)Source: Shutterstock Shares of Cigna (NYSE:CI), a global health insurance company that was the subject of a proposed $47 billion takeover offer from Anthem in 2015 that was rejected on antitrust grounds, is threatening a share price breakdown with a test of the lows seen in December. Shares are already down more than 20%.The company will next report results on May 3 before the bell. Analysts are looking for earnings of $3.71 per share on revenues of $33 billion. When the company last reported on Feb. 1, earnings of $2.46 missed estimates by 3 cents on a 29.3% rise in revenues. United Health Group (UNH)Source: Shutterstock Health plan provider United Health Group (NYSE:UNH) is watching its shares drop below their 200-day moving average in an accelerating breakdown from a recent two-month consolidation range. That marks a loss of 11% from recent levels and 13% from the highs set back in December. Political pressure is building against the health insurance companies, with Democrats in the House calling for Medicare for all, which would effectively end the private insurance market. * 10 Blue-Chip Stocks to Lead the Market The company will next report results on April 16 before the bell. Analysts are looking for earnings of $3.6 per share on revenues of $59.7 billion. When the company last reported on Jan. 15, earnings of $3.28 beat estimates by 6 cents on a 12.2% rise in revenues. CVS Health (CVS)Source: Mike Mozart via FlickrShares of CVS Health (NYSE:CVS) are cratering, down another 0.6% as I write this to cap a loss of nearly 30% from the double-top high near $80 set back in November. The company recently disappointed investors with some downside guidance as investors await the outcome of the of a court decision on the merger with Aetna in a $69 billion deal.The company will next report results on May 22 before the bell. Analysts are looking for earnings of $1.6 per share on revenues of $59.7 billion. When the company last reported on Feb. 20, earnings of $2.1 beat estimates by 8 cents on a 12.5% rise in revenues. Humana (HUM)Source: Shutterstock Shares of health insurer Humana (NYSE:HUM) have broken down below their lower Bollinger Band and 50-day moving average, accelerating a downtrend that looks set to test the January low for a loss of around 7% from here. Shares have already lost more than 18% from the highs seen back in November. Shares were recently initiated with an overnight rating by analysts at Stephens. Poor timing. * 7 Reasons Kraft Heinz Stock Is a Contrarian Buy The company will next report results on May 8 before the bell. Analysts are looking for earnings of $4.3 per share on revenues of $15.7 billion. When the company last reported on Feb. 6, earnings of $2.6 per share beat estimates by 12 cents on a 7.4% rise in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 5 STARS Stocks That Continue to Define the Future * 7 of the Best ETFs to Buy for a Rock-Solid Portfolio * 5 Real Estate Stocks to Buy for Dividend Income Compare Brokers The post 4 Sickly Healthcare Stocks to Avoid appeared first on InvestorPlace.
Pzena Investment Management is a value-oriented hedge fund that was launched back in 1996, by Mr. Richard S.Pzena, who is the fund’s Chief Investment Officer. The fund is headquartered in NYC, while offering additional offices in Melbourne, Australia, and London, England. Over the years, the fund has grown, and according to preliminary news on its […]
St. Louis was a hotbed of merger and acquisition activity in 2018, led by the biggest U.S. deal of the year.