|Bid||287.00 x 1100|
|Ask||287.19 x 800|
|Day's Range||285.70 - 288.90|
|52 Week Range||220.63 - 324.99|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||28.59|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
As we head into the 2020 election campaign, health care is a top area of interest for voters. In 2019, Americans spent $3.65 trillion dollars. EmblemHealth CEO, Karen Ignagni, joins Yahoo Finance to explain what she thinks needs to be done to lower the cost.
Debt carries the burden of repayment with additional interest in the future. So prudent investors should avoid companies with large debt loads
A prominent proxy firm on Wednesday recommended that shareholders vote in favor of Centene Corp.’s $17.3 billion acquisition of WellCare Health Plans.
Banking on a rising top line and health service business, UnitedHealth (UNH) holds great promise to garner benefits for investors.
WellCare Health Plans, Inc. (WCG) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Institutional Shareholder Services has shown support for Centene Corporation's planned acquisition of smaller rival WellCare Health Plans Inc by recommending shareholders favor the deal, the health insurers said on Wednesday. Centene in March said it would buy WellCare for $15.27 billion, in a move to bulk up its government-backed Medicare and Medicaid businesses while reducing exposure to Obamacare healthcare exchanges. "We expect, in the short term Centene stock will be volatile, with risk arbitrage funds shorting the name," she added.
Riding high on a robust revenue stream and solid streamlining measures, Molina (MOH) holds immense potential to garner benefits for investors.
Riding high on its restructuring initiative and growth strategy, Community Health (CYH) holds immense potential to reap benefits for investors.
How do you pick the next stock to invest in? One way would be to spend hours of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]
Wellcare Health Plans Inc NYSE:WCGView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for WCG with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $310 million over the last one-month into ETFs that hold WCG are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NegativeAccording 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, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.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.
Molina Healthcare (MOH) and Magellan Health (MGLN) are poised to grow in the expanding health insurance industry. Here we try to figure out which stock is positioned better.
Ensign Group (ENSG) purchases the assets of Preceptor Health Care and the real estate and operations of Golden Palms Rehabilitation and Retirement.
United Health's (UNH) shareholders of record on Jun 17, 2019 will receive this meatier dividend on Jun 25, 2019 on the back of the company's solid capital position.
Does WellCare Health Plans (WCG) have what it takes to be a top stock pick for momentum investors? Let's find out.
Solid segmental contributions bode well for Universal Health's (UHS) growth. However, elevated expenses are a lingering concern.
CVS Health Corp said it would offer expanded health services such as nutrition counseling and blood pressure screenings in 1,500 stores by the end of 2021, following through on plans announced during the pharmacy chain's 2018 acquisition of health insurer Aetna. The company also said it expects adjusted earnings per share growth in mid-single digits in 2021 and in low double digits in 2022 and beyond. Evercore ISI analysts Ross Muken and Michael Newshel said in a research note that the outlook helped increase investor confidence by setting a floor for earnings expectations.
An unusual SEC filing by health-insurance provider Humana was sending shares of rival health insurance company Centene tumbling.
Humana said in a regulatory filing Monday that it has no designs on Centene, following a push for a combination from activist investors that opposed the WellCare deal. Centene shares fell 7.5% to $53.43 at 9:39 a.m. in New York. Humana gained 5.2% to $257.63.
Shares of health insurer Centene were down sharply Monday after rival Humana said that it would not place a bid for the company. Humana shares were rising 3.9% in trading. "Humana Inc.'s long-standing policy is not to comment on rumors or speculation regarding possible M&A activity.
Humana Inc said on Monday it would not bid for Centene Corp, quelling speculation that it would acquire the health insurer that has already agreed to buy smaller rival WellCare Health Plans Inc for $15.27 billion. Centene shares fell 6.9% to $53.75 before the bell, while Humana rose 2% to $250. WellCare shares remained unchanged.
Despite regulatory noise, strong fundamentals and changing demographics of the country poise health insurance stocks for growth.
Centene Corp.'s proposed $17.3 billion acquisition of WellCare Health Plans is facing criticism from a sudden swarm of hedge funds looking to scuttle the deal.