Wellcare Health Plans is part of the health care plans industry and trades as part of the healthcare sector. The company CEO is Kenneth Burdick. WellCare Health Plans Inc operates in the healthcare industry. Its key business includes provision of health care plans and prescription drug plans to families, children and individuals.
Previous Intraday Performance:
The WCG shares had a previous change of -0.18% which opened at 275.31 and closed at 274.49. It moved to an intraday high of 277.65 and a low of 266.43.
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Over the last five trading days, WCG shares returned -0.08% and in the past 30 trading days it returned -1.08%. Over three months, it changed -0.58%. In one year it has changed 25.97% and within that year its 52 week high was 324.99 and its 52 week low was 216.62. WCG stock is 26.71% above its 52 week low.
Our calculations result in a 200 day moving average of 271.80 and a 50 day moving average of 263.85. Right now, WCG stock is trading 0.99% above its 200 day moving average and may be a good opportunity to buy.
The company has a market cap of $13.8b with 50.3m shares outstanding and a float of 48.2m shares. Trading volume was 1,280,343 shares and has experienced an average volume of 1,181,153 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.
The last annual reported EPS for Wellcare Health Plans was 9.3 which ended on 31st of December 2018, which according to the previous close, that is a PE of 29.46. Based on 10 analyst estimates, the consensus EPS for the next quarter is 3.20. The trailing twelve month EPS reported is 11.12 (trailing twelve month diluted EPS is 10.14), which comes to a trailing twelve month PE of 24.64. Historically, the PE high was 68.60 and the PE low was 13.90. If the stock reached its PE low, that would represent a price of 154.85, which is a decrease of -43.59%.
Base on our calculations, the intrinsic value per share is 449.89, which means it might be undervalued and has a margin of safety of 38.99%.
EPS growth is an important number as it indicates the future prospects of Wellcare Health Plans; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been 17.10% over the last twelve months.
Indicators Also to Watch:
Short-interest was 2,303,105, which was 4.58% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.45. This stock has some short interest, but it might be normal and no need to worry if long the position.
The beta was calculated to be 1.08.
Based on last reported financials, the company’s return on equity is 14.68%, return on assets is 4.45%, profit margin is 2.21%, price-to-sales is 0.63 and price-to-book is 3.18.
Company Score Card:
Results are out of six:
3 : Growth Expectations Result
3 : Financial Safety Result
2 : Past Performance Result
1 : Valuation Result
0 : Dividend Safety Result
2 : Overall Result