|Bid||0.00 x 800|
|Ask||285.00 x 1300|
|Day's Range||277.42 - 279.61|
|52 Week Range||216.62 - 324.99|
|Beta (3Y Monthly)||1.32|
|PE Ratio (TTM)||27.68|
|Earnings Date||Jul 29, 2019 - Aug 2, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||317.40|
Riding high on a solid revenue base and inorganic growth profile, WellCare Health (WCG) holds high potential to reap benefits for investors.
Riding high on rising revenues and inorganic growth story, HCA Healthcare (HCA) looks promising enough to garner benefits for investors.
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 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 $2.05 billion 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 | 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 swapCDS data is not available for this security.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.
The market started yesterday's action in the hole, and was content to end it there, essentially where it started. The S&P 500 ended the day down 0.67%, with trade tensions still weighing on investors' confidence.Source: Allan Ajifo via Wikimedia (Modified)Qualcomm (NASDAQ:QCOM) led the way lower, falling almost 6% on the heels of news that the ban on deals with China's tech company Huawai would hit it particularly hard. Broadcom (NASDAQ:AVGO) fell almost as much for the same reason.There were some winners though. Chief among them was Sprint (NYSE:S), up almost 19% after FCC Chairman Ajit Pai commented he was in favor of its intended merger with T-Mobile US (NASDAQ:TMUS).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Baby Boomer Stocks to Buy None are great prospects headed into Tuesday's session, however. Rather, it's the stock charts of DISH Network (NASDAQ:DISH), WellCare Health Plans (NYSE:WCG) and Synopsys (NASDAQ:SNPS) worth closer looks. Synopsys (SNPS)Sometimes it takes one last big, high-volume selloff called a capitulation to get a new uptrend started. Other times, the opposite applies. It takes what looks to be a heating up of an already impressive rally to kickstart an overdue pullback.That appears to be what's materialized for Synopsys over the course of the past few days. For the better part of last week, it looked like it could do no wrong. As of yesterday though, it's breaking down key technical support in a rather decisive fashion. Click to Enlarge * Monday's close below the purple 50-day moving average line is a red flag, but made even more alarming by the fact that the stock jumped to new 52-week highs on a volume surge on Thursday. * Zooming out to a weekly chart we get a feel for just how overextended the rebound from early in the year was. Up more than 50% for the four-month stretch, profit-takers are getting antsy. DISH Network (DISH)A couple of weeks back, DISH Network moved onto traders' radars as a bullish candidate thanks to its so-called 'golden cross,' where the 50-day moving average line moves back above the 200-day moving average. Shares ended up bumping into an established ceiling around $35.55 though, setting the stage for what ended up being a sizeable intraday pullback on Monday.The nature of that stumble and what happened in the middle of yesterday's action, however, sets the stage for not just more bullishness, but the breakout thrust that couldn't get going in earnest a month ago. * 7 ETFs for Healthy Healthcare REITs Click to Enlarge * The sheer height and shape (and placement) of Monday's bar is the key. All it took was a kiss of the gray 100-day moving average line to chop the intraday loss in half. * The volume spike is another key clue of potential bullishness. The mass migration in and out of the stock suggests all the would-be sellers and weak hands were flushed out. * The clinchers for the clue are a follow-through break above the near-term ceiling around $35.55 and then last year's high around $37, marked in yellow on both stock charts. WellCare Health Plans (WCG)With nothing more than a quick glance, WellCare Health Plans just looks like a volatile, indecisive stock. And, perhaps that's all it is. There has been more method to the madness of late than it seems with just a superficial glance though, and the bullish argument got even better last week, and better still on Monday. There's just one proverbial fly in the ointment.The recent buy signal is last week's cross back above the 200-day moving average line, plotted in white on both stock charts. That line appeared to serve as support yesterday. Click to Enlarge * At the same time, WCG shares are logging higher lows. * Although impressively bullish since late last week despite the marketwide bearish tide, the bullish volume is thin and waning. * The line to watch from here is just under $290, where WellCare Health Plans peaked a couple of times since the beginning of the year. That ceiling is marked in red on both stock charts. * The long-term uptrend has been bullish for years, driven by a rising support line that extends back to 2016.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Stocks to Buy for Over 20% Upside Potential * 5 Large-Cap Stocks Holding Steady Amid Trade War Concerns * 7 ETFs for Healthy Healthcare REITs Compare Brokers The post 3 Big Stock Charts for Tuesday: Synopsys, DISH Network and WellCare Health Plans appeared first on InvestorPlace.
Reports indicate a pair of hedge funds believe Centene can do better than its proposed $17.3B deal for WellCare if it were to find a buyer for itself.
Humana (HUM) rides high on solid Medicare business growth and its strategic efforts. The stock holds immense potential to reap solid benefits for investors.
WILMINGTON, DE / ACCESSWIRE / May 17, 2019 / Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of Delaware on behalf of holders ...
NEW YORK, May 17, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces lawsuits against WellCare Health Plans, Inc. (NYSE: WCG), Global Brass and Copper.
Clearwater’s Tech Data Corp. is the top Tampa Bay area company on the annual Fortune 500 list, ranking No. 88 with $37 billion in revenue last year. Tech Data is one of eight Tampa Bay area companies to make the list, which is in its 65th year of publication. Here is how some of Tampa Bay’s largest companies ranked this year: No. 91 – Publix Super Markets, headquartered in Lakeland, which operates 1,215 supermarkets in seven Southeast states with 202,000 employees, reported $36 billion in revenue.
NEW YORK, NY / ACCESSWIRE / May 15, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
WILMINGTON, DE / ACCESSWIRE / May 14, 2019 / Rigrodsky & Long, P.A.: Rigrodsky & Long, P.A. announces that it has filed a class action complaint in the United States District Court for the District of ...
NEW YORK, May 14, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces class action lawsuits against WellCare Health Plans, Inc. (NYSE: WCG), HFF, Inc. (NYSE:.
Ensign Group (ENSG) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
ST. LOUIS and TAMPA, Fla., May 14, 2019 /PRNewswire/ -- In St. Louis County, more than 16% of the residents live in food-insecure households, caused by a variety of factors including a lack of transportation to full-service grocery stores. To help bring food directly into neighborhoods classified as "food deserts," Missouri Care, Inc., a WellCare Health Plans, Inc. (WCG) company, is sponsoring the St. Louis MetroMarket, a mobile food pantry that brings fruits and vegetables into neighborhoods throughout the area. The U.S. Department of Agriculture defines food insecurity as a lack of access to enough food to enable all household members to lead an active, healthy life.
NEW YORK, NY / ACCESSWIRE / May 13, 2019 / The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders ...
NEW YORK, NY / ACCESSWIRE / May 11, 2019 / Juan Monteverde , founder and managing partner at Monteverde &Associates PC , a national securities firm headquartered at the Empire State Building in New York ...
NEW YORK, May 10, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces class action lawsuits against WellCare Health Plans, Inc. (NYSE: WCG), HFF, Inc. (NYSE:.
Some of the Tampa Bay area’s top public companies grew their bottom lines, while others saw small losses in income.
Executives tried to address employees’ concerns and questions about the coming $17.3 billion merger.
Rumors are again rumbling around Louisville-based health care and insurance company Humana Inc. as two hedge funds mull opposing a health insurance mega-merger. Newswire service Reuters reported Monday that two hedge funds — Corvex Management LP and Sachem Head Capital Management LP — may oppose St. Louis-based Centene Corp.'s proposed $17.3 billion acquisition of Tampa, Fla.-based WellCare Health Plans Inc. Both companies are giants in the commercial and government-backed health plan industry. The report states that the hedge funds have stakes in Centene and believe that the company may be able to do more to find out if another company, such as Humana (NYSE: HUM), would be interested in acquiring Centene.
The world of activism is always…well, active. Logically. Looking at the current most interesting moves by activist hedge funds, Lion Point Capital, Corvex Management LP, and Sachem Head Capital Management LP come into the picture. Starting with Lion Point Capital that was launched four years ago by Didric Cederholm, who previously worked as an executive […]
NEW YORK, NY / ACCESSWIRE / May 7, 2019 / Juan Monteverde , founder and managing partner at Monteverde& Associates PC , a national securities firm headquartered at the Empire State Building in New York ...