Head to Head Survey: WellCare Health Plans (WCG) and Its Rivals
WellCare Health Plans (NYSE: WCG) is one of 15 publicly-traded companies in the “Managed Health Care” industry, but how does it weigh in compared to its peers? We will compare WellCare Health Plans to similar businesses based on the strength of its valuation, profitability, dividends, analyst recommendations, earnings, risk and institutional ownership.
This is a summary of current ratings and price targets for WellCare Health Plans and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|WellCare Health Plans||0||10||7||0||2.41|
|WellCare Health Plans Competitors||81||927||1468||23||2.57|
WellCare Health Plans presently has a consensus target price of $188.20, indicating a potential downside of 8.86%. As a group, “Managed Health Care” companies have a potential downside of 3.01%. Given WellCare Health Plans’ peers stronger consensus rating and higher probable upside, analysts plainly believe WellCare Health Plans has less favorable growth aspects than its peers.
Volatility & Risk
WellCare Health Plans has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500. Comparatively, WellCare Health Plans’ peers have a beta of 0.62, meaning that their average stock price is 38% less volatile than the S&P 500.
Institutional and Insider Ownership
98.4% of WellCare Health Plans shares are held by institutional investors. Comparatively, 90.3% of shares of all “Managed Health Care” companies are held by institutional investors. 0.5% of WellCare Health Plans shares are held by company insiders. Comparatively, 2.4% of shares of all “Managed Health Care” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.
This table compares WellCare Health Plans and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|WellCare Health Plans||2.21%||19.42%||5.17%|
|WellCare Health Plans Competitors||1.74%||10.90%||3.51%|
Earnings & Valuation
This table compares WellCare Health Plans and its peers revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|WellCare Health Plans||$14.24 billion||$242.10 million||25.91|
|WellCare Health Plans Competitors||$50.73 billion||$1.52 billion||13.45|
WellCare Health Plans’ peers have higher revenue and earnings than WellCare Health Plans. WellCare Health Plans is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
WellCare Health Plans peers beat WellCare Health Plans on 7 of the 13 factors compared.
WellCare Health Plans Company Profile
WellCare Health Plans, Inc. is a managed care company. The Company focuses on government-sponsored managed care services, primarily through Medicaid, Medicare Advantage (MA) and Medicare Prescription Drug Plans (PDPs), to families, children, seniors and individuals with medical needs. The Company operates through three segments: Medicaid Health Plans, Medicare Health Plans and Medicare PDPs. As of December 31, 2016, it served approximately 3.9 million members in 50 states and the District of Columbia. As of December 31, 2016, it operated Medicaid health plans in Arizona, Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New Jersey, New York and South Carolina. As of December 31, 2016, it offered MA coordinated care plans (CCPs) in certain counties in Arizona, Arkansas, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Mississippi, New Jersey, New York, South Carolina, Tennessee and Texas.
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