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Elevance Health Inc (ELV)

NYSE
Currency in USD
408.07
-2.32(-0.57%)
Closed
After Hours
409.15+1.08(+0.26%)
ELV Scorecard
Full Analysis
Management has been aggressively buying back shares
Fair Value
Day's Range
406.78412.34
52 wk Range
391.02567.26
Key Statistics
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Prev. Close
410.39
Open
411.49
Day's Range
406.78-412.34
52 wk Range
391.02-567.26
Volume
1.69M
Average Volume (3m)
1.65M
1-Year Change
-15.53%
Book Value / Share
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Fair Value
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Fair Value Upside
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ELV Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
520.12
Upside
+27.46%
Members' Sentiments
Bearish
Bullish
ProTips
Holds more cash than debt on its balance sheet
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Elevance Health Inc Company Profile

Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits. The company operates in the pharmacy services business; and markets and offers pharmacy services, including pharmacy benefit management, as well as home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. In addition, it provides healthcare-related services and capabilities, including utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs, as well as services related to data management, information technology, and business operations. Further, the company is involved in the National Government Services business. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brand names. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is headquartered in Indianapolis, Indiana.

Elevance Health Inc SWOT Analysis


Resilient Amid Headwinds
Elevance Health navigates Medicaid challenges while maintaining strong market position and growth potential in specialty sales and other segments
Strategic Expansion
Delve into Elevance's recent acquisitions in specialty pharmacy, positioning the company for significant growth and vertical integration
Financial Outlook
Analysts project EPS of $37.31 for the current fiscal year, with an average price target of $599, indicating confidence in future performance
Industry Dynamics
Explore how Elevance adapts to healthcare trends, including Medicaid redetermination and Medicare cost management, shaping its competitive edge
Read full SWOT analysis
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Elevance Health Inc Earnings Call Summary for Q4/2024

  • Q3 adjusted EPS at $8.37, below expectations; full-year outlook revised to $33 due to Medicaid challenges
  • Commercial membership grew by 600,000 YoY; total operating revenue up 5% to $44.7 billion
  • Consolidated benefit expense ratio rose to 89.5%; Medicaid costs 3x-5x historical averages
  • Projecting high single-digit revenue growth and mid-single-digit EPS growth for 2025
  • Anticipating Medicare Advantage growth and Medicaid margin improvements in 2025
Last Updated: 18/10/2024, 12:04
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Compare ELV to Peers and Sector

Metrics to compare
ELV
Peers
Sector
Relationship
P/E Ratio
14.7x11.3x−0.7x
PEG Ratio
1.620.070.00
Price/Book
2.2x1.7x2.6x
Price / LTM Sales
0.5x0.8x3.2x
Upside (Analyst Target)
26.7%11.6%46.4%
Fair Value Upside
Unlock−1.8%6.9%Unlock

Analysts' Recommendations

19 Buy
3 Hold
0 Sell
Ratings:
19 analysts
Overall Consensus
Buy

Analysts 12-Month Price Target:

Average 520.12

(+27.46% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 27.57
Dividend Yield
1.59%
Industry Median 1.30%
Annualised payout
6.5200
Paid quarterly
5-Years Growth
+15.12%
Growth Streak

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FAQ

What Is the Elevance Health (ELV) Premarket Price Today?

The Elevance Health (ELV) premarket price is . Premarket price change units: . Premarket percentage change: . Premarket volume: . Current date: 04 Dec 2024. Previous close: 410.39

What Stock Exchange Does Elevance Health Trade On?

Elevance Health is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Elevance Health?

The stock symbol for Elevance Health is "ELV."

What Is the Elevance Health (ELV) Afterhours Price Today? (Afterhours variable test: ) Current Date: 04 Dec 2024

After hours price: . After hours price change (units): . Price change percentage:

What Is the Elevance Health Market Cap?

As of today, Elevance Health market cap is 94.64B.

What is Elevance Health Earnings Per Share?

The Elevance Health EPS is 27.57.

What Is the Next Elevance Health Earnings Date?

Elevance Health will release its next earnings report on 21 Jan 2025.

From a Technical Analysis Perspective, Is ELV a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Neutral.

What Is Elevance Health (ELV) Price Target According to Analysts?

Based on analysts, the average 12-month price target for Elevance Health is , with a high estimate of and a low estimate of . analysts recommend buying the stock, while suggest selling, leading to an overall rating of . The stock has an upside potential of %.

What Is Elevance Health (ELV) Price Target According to Analysts?

Based on analysts, the average 12-month price target for Elevance Health is , with a high estimate of and a low estimate of . analysts recommend buying the stock, while suggest selling, leading to an overall rating of . The stock has an upside potential of %.
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