Elevance Health Inc's fundamentals are relatively stable, and its growth potential is significant.Its valuation is considered fairly valued, ranking 31/78 in the Healthcare Providers & Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 384.35.In the medium term, the stock price is expected to trend up.Despite a good stock market performance and strong technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Elevance Health Inc's Score
Industry at a Glance
Industry Ranking
31 / 78
Overall Ranking
150 / 4592
Industry
Healthcare Providers & Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
24
analysts
Buy
Current Rating
384.355
Target Price
+16.26%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Elevance Health Inc Highlights
StrengthsRisks
Elevance Health, Inc. is a health company. It operates as a health insurer in the United States. The Company operates through four segments: Health Benefits, CarelonRx, Carelon Services and Corporate & Other. The Health Benefits segment offers a comprehensive suite of health plans and services to its Individual, Employer Group risk-based, Employer Group fee-based, BlueCard, Medicare, Medicaid and Federal Employee Program (FEP) members. The Health Benefits segment also offers health products on a full-risk basis. The CarelonRx segment includes its pharmacy services business. CarelonRx markets and offers pharmacy services to its affiliated health plan customers, as well as to external customers outside of the health plans. The Carelon Services segment integrates physical, behavioral, pharmacy, and social services by offering an array of healthcare-related services and capabilities to internal and external customers through its Carelon Health and Carelon Insights businesses.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 25.38%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 25.38%.
Undervalued
The company’s latest PE is 14.60, at a low 3-year percentile range.
Institutional Buying
The latest institutional holdings are 205.92M shares, increasing 0.01% quarter-over-quarter.
Elevance Health, Inc. is a health company. It operates as a health insurer in the United States. The Company operates through four segments: Health Benefits, CarelonRx, Carelon Services and Corporate & Other. The Health Benefits segment offers a comprehensive suite of health plans and services to its Individual, Employer Group risk-based, Employer Group fee-based, BlueCard, Medicare, Medicaid and Federal Employee Program (FEP) members. The Health Benefits segment also offers health products on a full-risk basis. The CarelonRx segment includes its pharmacy services business. CarelonRx markets and offers pharmacy services to its affiliated health plan customers, as well as to external customers outside of the health plans. The Carelon Services segment integrates physical, behavioral, pharmacy, and social services by offering an array of healthcare-related services and capabilities to internal and external customers through its Carelon Health and Carelon Insights businesses.
Ticker SymbolELV
CompanyElevance Health Inc
CEOBoudreaux (Gail K)
Websitehttps://www.elevancehealth.com/
FAQs
What is the current price of Elevance Health Inc (ELV)?
The current price of Elevance Health Inc (ELV) is 361.140.
What is the symbol of Elevance Health Inc?
The ticker symbol of Elevance Health Inc is ELV.
What is the 52-week high of Elevance Health Inc?
The 52-week high of Elevance Health Inc is 458.750.
What is the 52-week low of Elevance Health Inc?
The 52-week low of Elevance Health Inc is 273.710.
What is the market capitalization of Elevance Health Inc?
The market capitalization of Elevance Health Inc is 80.19B.
What is the net income of Elevance Health Inc?
The net income of Elevance Health Inc is 5.98B.
Is Elevance Health Inc (ELV) currently rated as Buy, Hold, or Sell?
According to analysts, Elevance Health Inc (ELV) has an overall rating of Buy, with a price target of 384.355.
What is the Earnings Per Share (EPS TTM) of Elevance Health Inc (ELV)?
The Earnings Per Share (EPS TTM) of Elevance Health Inc (ELV) is 24.599.