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Alignment Healthcare (ALHC)
NASDAQ:ALHC
Alignment Healthcare (ALHC) Stock Price & Analysis
71 Followers
ALHC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.46 - $9.20
Previous Close$7.95
Volume342.98K
Average Volume (3M)906.36K
Market Cap
$1.52B
Enterprise Value$1.53B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$8.44M
Price to Earnings (P/E)―
Beta0.75
Next Earnings
Aug 01, 2024EPS Estimate
-$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.84
Shares Outstanding191,198,265
10 Day Avg. Volume843,560
30 Day Avg. Volume906,358
Standard Deviation0.19
R-Squared0.14
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)15.27
Price to Sales (P/S)2.98
Price to Cash Flow (P/CF)-55.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.76
Enterprise Value/Gross Profit10.00T>
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$8.13Price Target Upside2.26% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Alignment Healthcare News
Bulls Say, Bears Say
Bulls Say
Margin Improvement & Market ShareALHC is strategically pivoting to focus on margins, which is expected to enhance profitability while maintaining its market share.
Membership Growth & Financial PerformanceALHC's effective member engagement and management is projected to drive membership growth and improve gross profits substantially.
Stock Upgrade & ProfitabilityAnalysts recommend upgrading ALHC to Buy, highlighting an anticipated profitability inflection with significant upside potential.
Bears Say
EarningsALHC reported a 4Q23 adj. EBITDA loss of (-$19.7)mn, missing estimates.
Financial GuidanceThe company anticipates a $50 million cash burn in 2024 versus breakeven adjusted EBITDA.
Financial PerformanceCompetitors facing more severe pricing headwinds which could impact the overall market.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ALHC FAQ
What was Alignment Healthcare’s price range in the past 12 months?
Alignment Healthcare lowest stock price was $4.46 and its highest was $9.20 in the past 12 months.
What is Alignment Healthcare’s market cap?
Currently, no data Available
When is Alignment Healthcare’s upcoming earnings report date?
Alignment Healthcare’s upcoming earnings report date is Aug 01, 2024 which is in 27 days.
How were Alignment Healthcare’s earnings last quarter?
Alignment Healthcare released its earnings results on May 02, 2024. The company reported -$0.25 earnings per share for the quarter, missing the consensus estimate of -$0.227 by -$0.023.
Is Alignment Healthcare overvalued?
According to Wall Street analysts Alignment Healthcare’s price is currently Undervalued.
Does Alignment Healthcare pay dividends?
Alignment Healthcare does not currently pay dividends.
What is Alignment Healthcare’s EPS estimate?
Alignment Healthcare’s EPS estimate is -$0.14.
How many shares outstanding does Alignment Healthcare have?
Alignment Healthcare has 191,198,260 shares outstanding.
What happened to Alignment Healthcare’s price movement after its last earnings report?
Alignment Healthcare reported an EPS of -$0.25 in its last earnings report, missing expectations of -$0.227. Following the earnings report the stock price went up 26.046%.
Which hedge fund is a major shareholder of Alignment Healthcare?
Among the largest hedge funds holding Alignment Healthcare’s share is Deerfield Management Company, LP. It holds Alignment Healthcare’s shares valued at 41M.
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Alignment Healthcare Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$8.13 (2.26% Upside)
$8.13 (2.26% Upside)
Blogger Sentiment
Bullish
ALHC Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 4.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $307.4K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
37.30%
12-Months-Change
Fundamentals
Return on Equity
-88.91%
Trailing 12-Months
Asset Growth
-16.87%
Trailing 12-Months
Company Description
Alignment Healthcare
Alignment Healthcare Inc is a next-generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors through Medicare Advantage plans. These plans are marketed and sold direct-to-consumer, allowing seniors to select the manner in which they receive healthcare coverage and services on an annual basis.
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ALHC Earnings Call
Q1 2024
0:00 / 0:00
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ALHC Stock 12 Month Forecast
Average Price Target
$8.13
▲(2.26% Upside)
Technical Analysis
Best Analysts Covering ALHC
1 Year
1 Year Success Rate
4/11 ratings generated profit
1 Year Average Return
-0.86%
reiterated a buy rating 2 months ago
Copying Nathan Rich's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of -0.86% per trade.
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