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Elevance Health (ELV)
NYSE:ELV
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ELV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$391.02 - $567.26
Previous Close$397.48
Volume2.39M
Average Volume (3M)1.52M
Market Cap
$91.42B
Enterprise Value$94.65B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$3.13B
Price to Earnings (P/E)14.4
Beta0.28
Next Earnings
Jan 22, 2025EPS Estimate
$3.98Next Dividend Ex-Date
Dec 05, 2024Dividend Yield1.62%
Share Statistics
EPS (TTM)27.43
Shares Outstanding231,922,815
10 Day Avg. Volume1,997,113
30 Day Avg. Volume1,523,919
Standard Deviation0.08
R-Squared0.31
Alpha0.00079
Financial Highlights & Ratios
Price to Book (P/B)2.09
Price to Sales (P/S)0.53
Price to Cash Flow (P/CF)8.70
P/FCF Ratio8.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.55
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$532.71Price Target Upside34.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Elevance Health News
Bulls Say, Bears Say
Bulls Say
EarningsCarelon is identified as an important EPS driver with significant growth in the third quarter.
Financial PerformanceCarelon's total revenue in Q3 beat consensus estimates by +5%, with operating profit exceeding expectations by +8.1%.
ValuationThe stock is currently trading at only 11.9x MSe '25 EPS of $35.17 vs. its 13.8x 10-Yr NTM historical avg. (vs. 12.5x current MCO peer group avg).
Bears Say
EarningsELV reported Q3 results that missed on EPS by 13% and also lowered guidance for FY24.
Medicaid Cost TrendsMedicaid margins driven to near 0% due to pressures from redeterminations, expected to persist throughout 2025.
Membership DeclineTotal membership decreased by -3.3% in the year-over-year comparison for Q3.
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Ownership Overview
0.12% Insiders
26.50% Mutual Funds
23.95% Other Institutional Investors
27.70% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ELV FAQ
What was Elevance Health’s price range in the past 12 months?
Elevance Health lowest stock price was $391.02 and its highest was $567.26 in the past 12 months.
What is Elevance Health’s market cap?
Currently, no data Available
When is Elevance Health’s upcoming earnings report date?
Elevance Health’s upcoming earnings report date is Jan 22, 2025 which is in 62 days.
How were Elevance Health’s earnings last quarter?
Elevance Health released its earnings results on Oct 17, 2024. The company reported $8.37 earnings per share for the quarter, missing the consensus estimate of $9.657 by -$1.287.
Is Elevance Health overvalued?
According to Wall Street analysts Elevance Health’s price is currently Undervalued.
Does Elevance Health pay dividends?
Elevance Health pays a Quarterly dividend of $1.63 which represents an annual dividend yield of 1.62%. See more information on Elevance Health dividends here
What is Elevance Health’s EPS estimate?
Elevance Health’s EPS estimate is $3.98.
How many shares outstanding does Elevance Health have?
Elevance Health has 231,922,820 shares outstanding.
What happened to Elevance Health’s price movement after its last earnings report?
Elevance Health reported an EPS of $8.37 in its last earnings report, missing expectations of $9.657. Following the earnings report the stock price went down -10.586%.
Which hedge fund is a major shareholder of Elevance Health?
Among the largest hedge funds holding Elevance Health’s share is First Eagle Investment Management LLC. It holds Elevance Health’s shares valued at 1B.
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Elevance Health Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$532.71 (34.02% Upside)
$532.71 (34.02% Upside)
Blogger Sentiment
Bullish
ELV Sentiment 94%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 4.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 4.5%
Last 30 Days ▲ 4.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-13.79%
12-Months-Change
Fundamentals
Return on Equity
15.62%
Trailing 12-Months
Asset Growth
5.48%
Trailing 12-Months
Company Description
Elevance Health
Indiana-based Anthem, Inc. was formed in 2004 after the merger of WellPoint Health Networks Inc. and Anthem, Inc. The company is one of the leading health insurance names, and provides medical benefits through a range of integrated healthcare plans and related services, along with a wide range of specialty products such as life and disability insurance benefits, dental, vision, behavioral health benefit services, as well as long-term care insurance and flexible spending accounts.
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ELV Company Deck
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ELV Earnings Call
Q3 2024
0:00 / 0:00
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ELV Stock 12 Month Forecast
Average Price Target
$532.71
▲(34.02% Upside)
Technical Analysis
Best Analysts Covering ELV
1 Year
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