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Clover Health Investments (CLOV)
NASDAQ:CLOV
RESEARCH TOOLSreports
Clover Health Investments (CLOV) Stock Price & Analysis
2,750 Followers
CLOV Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.61 - $1.63
Previous Close$0.87
Volume1.95M
Average Volume (3M)9.55M
Market Cap
$421.48M
Enterprise Value$93.63M
Total Cash (Recent Filing)$342.35M
Total Debt (Recent Filing)$4.34M
Price to Earnings (P/E)-2.6
Beta1.63
Next Earnings
Aug 06, 2024EPS Estimate
-$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.33
Shares Outstanding495,292,461
10 Day Avg. Volume5,852,651
30 Day Avg. Volume9,546,008
Standard Deviation0.25
R-Squared0.17
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)1.29
Price to Sales (P/S)1.02
Price to Cash Flow (P/CF)-0.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.05
Enterprise Value/Gross Profit0.05
Enterprise Value/Ebitda-0.54
Forecast
1Y Price Target
$1.33Price Target Upside56.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Clover Health Investments News
PremiumCompany Announcements
Clover Health on the Brink: Nasdaq Non-Compliance Threatens Delisting
PremiumCompany Announcements
Clover Health Appoints Peter Kuipers as New CFOBulls Say, Bears Say
Bulls Say
Financial PerformanceClover Health Investments Corp reported strong financial results, with revenue surpassing consensus estimates and a favorable adjusted EBITDA.
Guidance And Future OutlookClover Health raised its revenue guidance and projects maintaining a robust liquidity position, illustrating confidence in its financial health and future performance.
Operational EfficiencyThe company's Medical Care Ratio (MCR) showed significant improvement, underscoring operational efficiency and a solid start to the year.
Bears Say
Financial OutlookAnalysts remain skeptical on the company's path to hit break-even targets due to lack of revenue growth.
Membership DeclineInsurance members exiting 1Q declined year-over-year and were below the forecast.
Revenue GuidanceThe company's revenue guidance for the upcoming year came in below analysts' prior estimates.
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Ownership Overview
23.70% Insiders
9.17% Mutual Funds
5.86% Other Institutional Investors
61.27% 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 88 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 406,150,270 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 Graham Capital Management, L.P.. It holds Clover Health Investments’s shares valued at 14K.
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Clover Health Investments Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$1.33 (56.45% Upside)
$1.33 (56.45% Upside)
Blogger Sentiment
Neutral
CLOV Sentiment 50%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 1.3M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $110.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
News Sentiment
Very Bearish
Bullish news 0%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-0.68%
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
▲(56.45% Upside)
Technical Analysis
Best Analysts Covering CLOV
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+30.97%
reiterated a sell rating 9 months ago
Copying Kevin Fischbeck's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +30.97% per trade.
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