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Clover Health Investments (CLOV)
NASDAQ:CLOV
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CLOV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.61 - $3.82
Previous Close$3.09
Volume4.35M
Average Volume (3M)7.75M
Market Cap
$1.54B
Enterprise Value$1.16B
Total Cash (Recent Filing)$379.05M
Total Debt (Recent Filing)$4.01M
Price to Earnings (P/E)―
Beta2.44
Next Earnings
Nov 04, 2024EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.26
Shares Outstanding497,468,749
10 Day Avg. Volume7,059,798
30 Day Avg. Volume7,746,600
Standard Deviation0.29
R-Squared0.16
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)4.75
Price to Sales (P/S)0.90
Price to Cash Flow (P/CF)8.30
P/FCF Ratio8.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.69
Enterprise Value/Gross Profit4.52
Enterprise Value/Ebitda-9.18
Forecast
1Y Price Target
$2.60Price Target Upside-15.86% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Clover Health Investments News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCLOV reported net income of $7m and iterated its belief that its next phase of growth will be entirely self-funded.
Revenue And ProfitabilityReported revenues of $346.9m beat consensus by 8% and estimate by 9.8%.
Technology And InnovationClover Health announced this morning that its clinical decision support technology, Clover Assistant, will be commercialized to external payers and providers under the brand name Counterpart Assistant.
Bears Say
MarginsIncremental member growth could weigh on margins.
MembershipCLOV experienced further membership declines of 5% y/y.
Visibility And ConfidenceLimited claims visibility inherently limits confidence on the sustainability of margin.
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Ownership Overview
24.01% Insiders
9.22% Mutual Funds
6.54% Other Institutional Investors
60.23% 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 $3.81 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 Nov 04, 2024 which is in 47 days.
How were Clover Health Investments’s earnings last quarter?
Clover Health Investments released its earnings results on Aug 05, 2024. The company reported $0.01 earnings per share for the quarter, beating the consensus estimate of -$0.049 by $0.059.
Is Clover Health Investments overvalued?
According to Wall Street analysts Clover Health Investments’s price is currently Overvalued.
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 -$0.04.
How many shares outstanding does Clover Health Investments have?
Clover Health Investments has 407,819,400 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 -$0.049. Following the earnings report the stock price went down -2.66%.
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 2M.
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Clover Health Investments Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$2.60 (-15.86% Downside)
$2.60 (-15.86% Downside)
Blogger Sentiment
Bullish
CLOV Sentiment 75%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 26.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.7%
Last 30 Days ▲ 11.5%
Last 30 Days ▲ 11.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
173.45%
12-Months-Change
Fundamentals
Return on Equity
-39.04%
Trailing 12-Months
Asset Growth
-46.41%
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
Q2 2024
0:00 / 0:00
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CLOV Stock 12 Month Forecast
Average Price Target
$2.60
▼(-15.86% Downside)
Technical Analysis
Best Analysts Covering CLOV
1 Year
1 Year Success Rate
6/10 ratings generated profit
1 Year Average Return
+102.62%
reiterated a buy rating 6 days ago
Copying Richard Close's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +102.62% per trade.
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