Bright Health Group Inc

Company Profile

Bright Health Group Inc had its IPO on 2021-06-24 under the ticker symbol BHG.

The company operates in the Healthcare sector and Healthcare Plans industry. Bright Health Group Inc has a staff strength of 2,840 employees.

Stock update

Shares of Bright Health Group Inc opened at $6.75 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $6.6 - $6.97, and closed at $6.6.

This is a -2.37% slip from the previous day's closing price.

A total volume of 22,349 shares were traded at the close of the day’s session.

In the last one week, shares of Bright Health Group Inc have slipped by -22.81%.

Bright Health Group Inc's Key Ratios

Bright Health Group Inc has a market cap of $84.05 million, indicating a price to book ratio of 0.9502 and a price to sales ratio of 0.0575.

In the last 12-months Bright Health Group Inc’s revenue was $2.56 billion with a gross profit of $205.79 million and an EBITDA of $-358638016. The EBITDA ratio measures Bright Health Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Bright Health Group Inc’s operating margin was -15.89% while its return on assets stood at -5.01% with a return of equity of -42.94%.

In Q1, Bright Health Group Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 23.3%.

Bright Health Group Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-101.75 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Bright Health Group Inc’s profitability.

Bright Health Group Inc stock is trading at a EV to sales ratio of 0.0073 and a EV to EBITDA ratio of 0.3477. Its price to sales ratio in the trailing 12-months stood at 0.0575.

Bright Health Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$4.85 billion

Total Liabilities

$4.01 billion

Operating Cash Flow

$0

Capital Expenditure

$1.86 million

Dividend Payout Ratio

0%

Bright Health Group Inc ended 2024 with $4.85 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $4.85 billion while shareholder equity stood at $580.43 million.

Bright Health Group Inc ended 2024 with $0 in deferred long-term liabilities, $4.01 billion in other current liabilities, 63000.00 in common stock, $-3331406000.00 in retained earnings and $760.08 million in goodwill. Its cash balance stood at $382.51 million and cash and short-term investments were $394.62 million. The company’s total short-term debt was $303,947,000 while long-term debt stood at $0.

Bright Health Group Inc’s total current assets stands at $3.77 billion while long-term investments were $3.82 million and short-term investments were $12.11 million. Its net receivables were $1.01 billion compared to accounts payable of $33.64 million and inventory worth $0.

In 2024, Bright Health Group Inc's operating cash flow was $0 while its capital expenditure stood at $1.86 million.

Comparatively, Bright Health Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$6.6

52-Week High

$171.6

52-Week Low

$7.57

Analyst Target Price

$1.5

Bright Health Group Inc stock is currently trading at $6.6 per share. It touched a 52-week high of $171.6 and a 52-week low of $171.6. Analysts tracking the stock have a 12-month average target price of $1.5.

Its 50-day moving average was $11.36 and 200-day moving average was $30.79 The short ratio stood at 2.36 indicating a short percent outstanding of 0%.

Around 481.8% of the company’s stock are held by insiders while 7179.9% are held by institutions.