With 3.15 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.29 million shares. During the session, the Healthcare Plans company that operates in wider Healthcare sector, reached to the highest price of $432.48 whereas the lowest price it dropped to was $410.0. The 52-week range on ELV shows that it touched its highest point at $567.26 and its lowest point at $397.98 during that stretch. It currently has a 1-year price target of $514.72. With its current market cap of 99.48 billion, ELV has annualized dividend of $6.37 while the current yield stands at 1.49%. Beta for the stock currently stands at 0.85.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ELV was up-trending over the past week, with a rise of 4.42%, but this was down by -12.37% over a month. Three-month performance dropped to -18.53% while six-month performance fell -19.58%. The stock lost -5.63% in the past year, while it has lost -9.04% so far this year. A look at the trailing 12-month EPS for ELV yields 27.43 with Next year EPS estimates of 35.27. For the next quarter, that number is 4.12. This implies an EPS growth rate of 0.71% for this year and 5.69% for next year. EPS is expected to grow by 9.01% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.18%.
Float and Shares Shorts:
At present, 233.07 million ELV shares are outstanding with a float of 231.02 million shares on hand for trading. On 2024-10-15, short shares totaled 2.67 million, which was 114.99999999999999 higher than short shares on 1726185600. In addition to Ms. Gail Koziara Boudreaux as the firm’s President, CEO & Director, Mr. Mark Bradley Kaye serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.92462 of ELV’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ELV since 12 analysts follow the stock currently. There are 11 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With ELV analysts setting a high price target of 625.0 and a low target of 465.0, the average target price over the next 12 months is 526.52. Based on these targets, ELV could surge 45.71% to reach the target high and rise by 8.41% to reach the target low. Reaching the average price target will result in a growth of 22.75% from current levels.
Analysts have provided yearly estimates in a range of $36.04285 being high and $31.09541 being low. For ELV, this leads to a yearly average estimate of $33.57879. The surprise factor in the prior quarter was $10.01. Based on analyst estimates, the high estimate for the next quarter is $11.7 and the low estimate is $8.34. The average estimate for the next quarter is thus $10.3.
