Clover Health Investments Corp
Prices are adjusted according to historical splits.
- Today's Low:
- Today's High:
- Open Price:
- 52W Low:
- 52W High:
- Prev. Close:
- Market Cap.:
- $423.63 million
- Book Value:
- Revenue TTM:
- $3.58 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $126.19 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Clover Health Investments Corp had its IPO on 2001-01-02 under the ticker symbol CLOV.
The company operates in the Healthcare sector and Healthcare Plans industry. Clover Health Investments Corp has a staff strength of 656 employees.
Shares of Clover Health Investments Corp opened at $0.88 at the start of the last trading session i.e. 2023-03-25.
The stocks traded within a range of $0.88 - $0.9, and closed at $0.88.
This is a -0.56% slip from the previous day's closing price.
A total volume of 3,778,130 shares were traded at the close of the day’s session.
In the last one week, shares of Clover Health Investments Corp have slipped by -6.02%.
Clover Health Investments Corp's Key Ratios
Clover Health Investments Corp has a market cap of $423.63 million, indicating a price to book ratio of 1.329 and a price to sales ratio of 0.1661.
In the last 12-months Clover Health Investments Corp’s revenue was $3.58 billion with a gross profit of $126.19 million and an EBITDA of $-360659008. The EBITDA ratio measures Clover Health Investments Corp's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Clover Health Investments Corp’s operating margin was -10.1% while its return on assets stood at -25.7% with a return of equity of -76.4%.
In Q4, Clover Health Investments Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 145.7%.
Clover Health Investments Corp’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $-0.67 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 Clover Health Investments Corp’s profitability.
Clover Health Investments Corp stock is trading at a EV to sales ratio of 4.3374 and a EV to EBITDA ratio of 0.3762. Its price to sales ratio in the trailing 12-months stood at 0.1661.
Clover Health Investments Corp 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
- $808.62 million
- Total Liabilities
- $440.66 million
- Operating Cash Flow
- Capital Expenditure
- $3.88 million
- Dividend Payout Ratio
Clover Health Investments Corp ended 2023 with $808.62 million in total assets and $0 in total liabilities. Its intangible assets were valued at $808.62 million while shareholder equity stood at $347.74 million.
Clover Health Investments Corp ended 2023 with $0 in deferred long-term liabilities, $440.66 million in other current liabilities, 37000.00 in common stock, $-1955582000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $103.79 million and cash and short-term investments were $145.25 million. The company’s total short-term debt was $1,827,000 while long-term debt stood at $0.
Clover Health Investments Corp’s total current assets stands at $625.00 million while long-term investments were $138.11 million and short-term investments were $41.46 million. Its net receivables were $23.60 million compared to accounts payable of $32.45 million and inventory worth $0.
In 2023, Clover Health Investments Corp's operating cash flow was $0 while its capital expenditure stood at $3.88 million.
Comparatively, Clover Health Investments Corp paid $0 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Clover Health Investments Corp stock is currently trading at $0.88 per share. It touched a 52-week high of $3.9 and a 52-week low of $3.9. Analysts tracking the stock have a 12-month average target price of $2.09.
Its 50-day moving average was $1.13 and 200-day moving average was $1.76 The short ratio stood at 4.65 indicating a short percent outstanding of 0%.
Around 1284.5% of the company’s stock are held by insiders while 3237.2% are held by institutions.
Frequently Asked Questions About Clover Health Investments Corp
Similar Industry Stocks (Healthcare Plans)
Clover Health Investments, Corp. provides medicare advantage plans in the United States. The company through its Clover Assistant, a software platform that provides preferred provider organization and health maintenance organization health plans for medicare-eligible consumers. It also focuses on non-insurance businesses. The company was incorporated in 2014 and is based in Franklin, Tennessee.