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Clover Health Investments (CLOV)
NASDAQ:CLOV
RESEARCH TOOLSreports
Clover Health Investments (CLOV) Stock Price & Analysis
2,769 Followers
CLOV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.61 - $1.63
Previous Close$0.93
Volume8.10M
Average Volume (3M)9.60M
Market Cap
$460.30M
Enterprise Value$122.28M
Total Cash (Recent Filing)$342.35M
Total Debt (Recent Filing)$4.34M
Price to Earnings (P/E)―
Beta1.69
Next Earnings
Aug 06, 2024EPS Estimate
-$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.33
Shares Outstanding496,437,463
10 Day Avg. Volume11,327,188
30 Day Avg. Volume9,597,000
Standard Deviation0.25
R-Squared0.17
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)1.54
Price to Sales (P/S)1.09
Price to Cash Flow (P/CF)4.30
P/FCF Ratio4.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.07
Enterprise Value/Gross Profit0.06
Enterprise Value/Ebitda-0.71
Forecast
1Y Price Target
$1.33Price Target Upside30.39% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Clover Health Investments News
PremiumCompany Announcements
Clover Health on the Brink: Nasdaq Non-Compliance Threatens Delisting
Bulls Say, Bears Say
Bulls Say
Earnings BeatClover Health Investments Corp reported 4Q23 revenue of $510M, ahead of consensus’ $474M.
Financial PerformanceUpdated model post 1Q24 results indicates increased 2024E revenue and EBITDA, reflecting improved financial performance.
Guidance UpdateWith the strong start to the year, Clover raised its revenue guidance range and after reporting positive adj-EBITDA in 1Q, the annual adj-EBITDA range moves higher.
Bears Say
Financial PerformanceThe company's conservative approach to reserves due to operational transitions and cybersecurity issues may signal underlying financial vulnerabilities.
Membership DeclineInsurance members declining year-over-year indicates weakening market position and possible revenue pressure.
Profitability ConcernsAnalysts are skeptical about the company's ability to reach break-even targets amid stagnant revenue growth.
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Ownership Overview
23.64% Insiders
9.15% Mutual Funds
7.53% Other Institutional Investors
59.68% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CLOV FAQ
What was Clover Health Investments’s price range in the past 12 months?
Clover Health Investments lowest stock price was $0.61 and its highest was $1.63 in the past 12 months.
What is Clover Health Investments’s market cap?
Currently, no data Available
When is Clover Health Investments’s upcoming earnings report date?
Clover Health Investments’s upcoming earnings report date is Aug 06, 2024 which is in 76 days.
How were Clover Health Investments’s earnings last quarter?
Clover Health Investments released its earnings results on May 07, 2024. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of -$0.072 by $0.082.
Is Clover Health Investments overvalued?
According to Wall Street analysts Clover Health Investments’s price is currently Undervalued.
Does Clover Health Investments pay dividends?
Clover Health Investments does not currently pay dividends.
What is Clover Health Investments’s EPS estimate?
Clover Health Investments’s EPS estimate is -$0.05.
How many shares outstanding does Clover Health Investments have?
Clover Health Investments has 406,788,100 shares outstanding.
What happened to Clover Health Investments’s price movement after its last earnings report?
Clover Health Investments reported an EPS of $0.01 in its last earnings report, beating expectations of -$0.072. Following the earnings report the stock price went up 17.568%.
Which hedge fund is a major shareholder of Clover Health Investments?
Among the largest hedge funds holding Clover Health Investments’s share is GMT Capital Corp. It holds Clover Health Investments’s shares valued at 1M.
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Clover Health Investments Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$1.33 (30.39% Upside)
$1.33 (30.39% Upside)
Blogger Sentiment
Neutral
CLOV Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $135.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.11%
12-Months-Change
Fundamentals
Return on Equity
-53.26%
Trailing 12-Months
Asset Growth
-53.79%
Trailing 12-Months
Company Description
Clover Health Investments
Clover Health Investments Corp is a healthcare technology company. It uses its proprietary technology platform to collect, structure, and analyze health and behavioral data to improve medical outcomes and lower costs for patients.
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CLOV Company Deck
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CLOV Earnings Call
Q1 2024
0:00 / 0:00
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CLOV Stock 12 Month Forecast
Average Price Target
$1.33
▲(30.39% Upside)
Technical Analysis
Best Analysts Covering CLOV
1 Year
1 Year Success Rate
3/8 ratings generated profit
1 Year Average Return
-10.24%
reiterated a buy rating 16 days ago
Copying Richard Close's trades and holding each position for 1 Year would result in 37.50% of your transactions generating a profit, with an average return of -10.24% per trade.
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