Elevance Well being ELV underwent evaluation by 15 analysts within the final quarter, revealing a spectrum of viewpoints from bullish to bearish.
The desk under gives a concise overview of latest rankings by analysts, providing insights into the altering sentiments over the previous 30 days and drawing comparisons with the previous months for a holistic perspective.
| Bullish | Considerably Bullish | Detached | Considerably Bearish | Bearish | |
|---|---|---|---|---|---|
| Whole Rankings | 6 | 9 | 0 | 0 | 0 |
| Final 30D | 1 | 0 | 0 | 0 | 0 |
| 1M In the past | 0 | 2 | 0 | 0 | 0 |
| 2M In the past | 1 | 4 | 0 | 0 | 0 |
| 3M In the past | 4 | 3 | 0 | 0 | 0 |
Analysts’ evaluations of 12-month value targets provide further insights, showcasing a mean goal of $612.93, with a excessive estimate of $649.00 and a low estimate of $575.00. Surpassing the earlier common value goal of $593.92, the present common has elevated by 3.2%.
Exploring Analyst Rankings: An In-Depth Overview
In inspecting latest analyst actions, we acquire insights into how monetary specialists understand Elevance Well being. The next abstract outlines key analysts, their latest evaluations, and changes to rankings and value targets.
| Analyst | Analyst Agency | Motion Taken | Score | Present Worth Goal | Prior Worth Goal |
|---|---|---|---|---|---|
| David Macdonald | Truist Securities | Raises | Purchase | $620.00 | $600.00 |
| Sarah James | Cantor Fitzgerald | Maintains | Obese | $600.00 | $600.00 |
| Erin Wright | Morgan Stanley | Pronounces | Obese | $643.00 | – |
| Sarah James | Cantor Fitzgerald | Maintains | Obese | $600.00 | $600.00 |
| Scott Fidel | Stephens & Co. | Maintains | Obese | $615.00 | $615.00 |
| Kevin Fischbeck | B of A Securities | Raises | Purchase | $646.00 | $621.00 |
| Lisa Gill | JP Morgan | Raises | Obese | $631.00 | $628.00 |
| Michael Ha | Baird | Pronounces | Outperform | $649.00 | – |
| Ann Hynes | Mizuho | Raises | Purchase | $585.00 | $575.00 |
| Ben Hendrix | RBC Capital | Raises | Outperform | $575.00 | $574.00 |
| A.J. Rice | UBS | Raises | Purchase | $605.00 | $585.00 |
| Stephen Baxter | Wells Fargo | Raises | Obese | $600.00 | $557.00 |
| David Macdonald | Truist Securities | Raises | Purchase | $600.00 | $580.00 |
| David Windley | Jefferies | Raises | Purchase | $604.00 | $602.00 |
| Andrew Mok | Barclays | Raises | Obese | $621.00 | $584.00 |
Key Insights:
- Motion Taken: In response to dynamic market circumstances and firm efficiency, analysts replace their suggestions. Whether or not they ‘Keep’, ‘Increase’, or ‘Decrease’ their stance, it signifies their response to latest developments associated to Elevance Well being. This perception provides a snapshot of analysts’ views on the present state of the corporate.
- Score: Analysts unravel qualitative evaluations for shares, starting from ‘Outperform’ to ‘Underperform’. These rankings provide insights into expectations for the relative efficiency of Elevance Well being in comparison with the broader market.
- Worth Targets: Gaining insights, analysts present estimates for the long run worth of Elevance Well being’s inventory. This comparability reveals developments in analysts’ expectations over time.
To achieve a panoramic view of Elevance Well being’s market efficiency, discover these analyst evaluations alongside important monetary indicators. Keep knowledgeable and make considered selections utilizing our Rankings Desk.
Keep updated on Elevance Well being analyst rankings.
Delving into Elevance Well being’s Background
Elevance Well being stays one of many main well being insurers within the U.S., offering medical advantages to 47 million medical members as of December 2023. The corporate gives employer, particular person, and government-sponsored protection plans. Elevance differs from its friends in its distinctive place as the biggest single supplier of Blue Cross Blue Protect branded protection, working because the licensee for the Blue Cross Blue Protect Affiliation in 14 states. By means of acquisitions, such because the Amerigroup deal in 2012 and MMM in 2021, Elevance’s attain expands past these states by means of government-sponsored packages corresponding to Medicaid and Medicare Benefit plans, too.
Key Indicators: Elevance Well being’s Monetary Well being
Market Capitalization Highlights: Above the business common, the corporate’s market capitalization signifies a major scale, indicating sturdy confidence and market prominence.
Income Progress: Elevance Well being displayed optimistic leads to 3 months. As of 31 March, 2024, the corporate achieved a stable income development price of roughly 0.96%. This means a notable enhance within the firm’s top-line earnings. Compared to its business friends, the corporate trails behind with a development price decrease than the typical amongst friends within the Well being Care sector.
Web Margin: Elevance Well being’s monetary energy is mirrored in its distinctive web margin, which exceeds business averages. With a exceptional web margin of 5.28%, the corporate showcases sturdy profitability and efficient value administration.
Return on Fairness (ROE): Elevance Well being’s ROE stands out, surpassing business averages. With a powerful ROE of 5.62%, the corporate demonstrates efficient use of fairness capital and powerful monetary efficiency.
Return on Belongings (ROA): The corporate’s ROA is a standout performer, exceeding business averages. With a powerful ROA of 2.03%, the corporate showcases efficient utilization of belongings.
Debt Administration: The corporate faces challenges in debt administration with a debt-to-equity ratio increased than the business common. With a ratio of 0.65, warning is suggested attributable to elevated monetary threat.
What Are Analyst Rankings?
Rankings come from analysts, or specialists inside banking and monetary techniques that report for particular shares or outlined sectors (sometimes as soon as per quarter for every inventory). Analysts often derive their data from firm convention calls and conferences, monetary statements, and conversations with vital insiders to achieve their selections.
Past their customary evaluations, some analysts contribute predictions for metrics like development estimates, earnings, and income, furnishing traders with further steerage. Customers of analyst rankings ought to be conscious that this specialised recommendation is formed by human views and could also be topic to variability.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
