The Technical Analyst
Bright Health Group, Inc. [BHG]
Exchange: NYSE Sector: Healthcare Industry: Healthcare - Plans
Bright Health Group, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals
9.36% $16.35
America/New_York / 26 jan 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 130.51 mill |
| EPS: | -136.21 |
| P/E: | -0.120 |
| Earnings Date: | Feb 29, 2024 |
| SharesOutstanding: | 7.98 mill |
| Avg Daily Volume: | 0.0496 mill |
| RATING 2024-01-26 |
|---|
| B- |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Neutral | |
| Return On Equity: | Strong Buy | |
| Return On Asset: | Sell | |
| DE: | Strong Sell | |
| P/E: | Neutral | |
| Price To Book: | Strong Sell |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -0.120 | sector: PE 15.43 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| -0.01x |
| Company: PE -0.120 | industry: PE 22.75 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 6.73 - 9.69 ( +/- 18.04%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2023-12-19 | Yang Rick | Buy | 175 525 | Warrant (Right to Buy) |
| 2023-12-19 | Walker Paul Edward | Buy | 175 525 | Warrant (Right to Buy) |
| 2023-12-19 | Sandell Scott D | Buy | 175 525 | Warrant (Right to Buy) |
| 2023-12-19 | Mathers Edward T | Buy | 175 525 | Warrant (Right to Buy) |
| 2023-12-19 | Makhzoumi Mohamad | Buy | 175 525 | Warrant (Right to Buy) |
| INSIDER POWER |
|---|
| 88.99 |
| Last 100 transactions |
| Buy: 38 206 987 | Sell: 2 682 023 |
Forecast:
01:40 - $9.68
Live Trading Signals (every 1 min)
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $16.35 (9.36% ) |
| Volume | 0.0292 mill |
| Avg. Vol. | 0.0496 mill |
| % of Avg. Vol | 58.96 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For BHG
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
BHG
Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, NeueHealth and Bright HealthCare. The NeueHealth segment delivers virtual and in-person clinical care services to patients under contracts through its owned and affiliated primary care clinics. As of December 31, 2021, it worked with approximately 260,000 care provider partners; and operated 180 managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers commercial and medicare health plan products to consumers in 14 states and 99 markets. The company was formerly known as Bright Health Inc. and changed its name to Bright Health Group, Inc. in February 2021. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota.
Latest Press Releases
2024-01-17 16:05:00 - Press Release
Bright Health Group Adopts Neuehealth As Corporate Brand Name
Minneapolis--(business wire)--bright health group, inc. (“bright health” or the “company”) (nyse: bhg) today announced that it has adopted neuehealth as its corporate brand name. this reflects the company's ongoing focus on its neuehealth business, which will continue driving long-term sustainable growth of its value-driven, consumer-centric care model, thereby increasing access to high-quality healthcare for all populations across the aca marketplace, medicare, and medicaid. the company's comm.
2024-01-02 16:30:00 - Press Release
Bright Health Group Closes The Sale Of Its California Medicare Advantage Business To Molina Healthcare
Minneapolis--(business wire)--bright health group, inc. (“bright health” or the “company”) (nyse: bhg), the technology enabled, value-driven healthcare company, today announced that it has successfully completed the sale of its california medicare advantage business, brand new day and central health plan, to molina healthcare, inc. (“molina”). the sale closed, effective as of january 1, 2024. concurrent with the closing of the sale, the company also made the final repayment on its amended credi.
2023-12-29 06:45:00 - Press Release
Bright Health Group Strengthens Capital Position With Amendment To Its Credit Facility, Impending Close Of The Sale Of Its California Medicare Advantage Business
Minneapolis--(business wire)--bright health group, inc. (“bright health” or the “company”) (nyse: bhg), the technology enabled, value-driven healthcare company, today announced that it entered into an amendment to its credit facility with j.p. morgan that will reduce the final repayment amount by approximately $30 million to approximately $298 million. upon payment of such amount, which is expected to be made concurrently with the closing of the sale of the company's california medicare advanta.
2023-11-29 21:00:00 - Press Release
Bright Health Alert: Bragar Eagel & Squire, P.c. Is Investigating Bright Health Group, Inc. On Behalf Of Long-term Stockholders And Encourages Investors To Contact The Firm
New york--(business wire)-- #a--bragar eagel & squire, p.c., a nationally recognized shareholder rights law firm, is investigating potential claims against bright health group, inc. (nyse: bhg) on behalf of long-term stockholders following a class action complaint that was filed against bright health on january 6, 2022 with a class period from june 21, 2021 to march 1, 2022. our investigation concerns whether the board of directors of bright health have breached their fiduciary duties to the com.
2023-11-07 06:45:00 - Press Release
Bright Health Group Reports Third Quarter 2023 Results
Minneapolis--(business wire)--bright health group, inc. (“bright health” or the “company”) (nyse: bhg), the technology enabled, value-driven healthcare company serving aging and underserved consumers with unmet clinical needs, today reported financial results for its third quarter ended september 30, 2023. “bright health's solid 2023 performance continued in the third quarter, with our second consecutive quarter of positive adjusted ebitda. excluding a goodwill impairment, our care delivery seg.
Latest News
2024-01-02 10:47:51 - Proactive Investors
Bright Health Group receives approval for California Medicare sale; repays secured debt
Bright Health Group (BHG) Inc announced on Friday that it has received all necessary regulatory approvals to sell its California Medicare Advantage business to Molina Healthcare, with the acquisition expected to close in early January. In June, Molina agreed to purchase BHG's California Medicare Advantage business for a total consideration of $600 million.
2023-11-07 13:13:10 - Seeking Alpha
Bright Health Group, Inc. (BHG) Q3 2023 Earnings Call Transcript
Bright Health Group, Inc. (NYSE:BHG ) Q3 2023 Earnings Conference Call November 7, 2023 8:00 AM ET Company Participants Stephen Hagan - Investor Relations Director Mike Mikan - Vice Chairman, CEO & President Jay Matushak - CFO Conference Call Participants Operator Hello, all, and welcome to Bright Health Group's third quarter 2023 earnings call. My name is Lydia, and I will be your operator today.
2023-08-09 09:49:02 - Seeking Alpha
Bright Health Group, Inc. (BHG) Q2 2023 Earnings Call Transcript
Bright Health Group, Inc. (NYSE:BHG ) Q2 2023 Earnings Conference Call August 9, 2023 8:30 AM ET Company Participants Stephen Hagan - IR, Director Mike Mikan - President and CEO Jay Matushak - CFO Conference Call Participants Operator Hello, and welcome to the Bright Health Group Q2 2023 Earnings Call. My name is Alex, and I will be coordinating the call today.
2023-08-09 09:12:11 - Zacks Investment Research
Bright Health Group (BHG) Reports Q2 Loss, Lags Revenue Estimates
Bright Health Group (BHG) came out with a quarterly loss of $8.55 per share versus the Zacks Consensus Estimate of a loss of $5.24. This compares to loss of $36 per share a year ago.
2023-07-04 11:04:48 - Proactive Investors
Molina Healthcare acquisition of Bright Health assets ‘significant' for achieving premium target: broker
Molina Healthcare, Inc. (NYSE:MOH)'s acquisition of Bright Health assets is a positive for the company according to analysts at UBS, who said the deal could bring Molina closer to its long-term premium target. The multi-state health insurance provider is acquiring Bright Health's California Medicare Advantage (MA) Business, Brand New Day, and Central Health Plan.
2023-07-03 09:57:26 - Zacks Investment Research
Strength Seen in Bright Health (BHG): Can Its 11.9% Jump Turn into More Strength?
Bright Health (BHG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
2023-07-02 14:57:32 - Invezz
Molina Healthcare announces a $600 million deal with Bright Health
Molina Healthcare Inc (NYSE: MOH) is buying the California Medicare Advantage business from Bright Health Group Inc (NYSE: BHG). Details of the Bright Health-Molina agreement On Friday, the managed care company said it will pay $600 million in total for the deal that also includes BHG's Brand New Day and Central Health Plan of California.
2023-06-30 08:42:00 - Market Watch
Molina Healthcare to buy Bright Health Group's California Medicare business
Molina Healthcare Inc. MOH, +1.98% on Friday announced a deal to buy Bright Health Group Inc.'s BHG, -1.00% California Medicare Advantage business, Brand New Day and Central Health Plan of California, for a purchase price of about $510 million, net of tax benefits. The price amounts to 28% of expected 2023 premium revenue of $1.8 billion, Molina said in a release.
2023-05-20 06:00:00 - PennyStocks
Finding Breakout Penny Stocks to Buy; 3 Tips to Use
Can these tips help you to find breakout penny stocks to buy The post Finding Breakout Penny Stocks to Buy; 3 Tips to Use appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
2023-05-14 11:23:11 - Seeking Alpha
Bright Health Group, Inc. (BHG) Q1 2023 Earnings Call Transcript
Bright Health Group, Inc. (NYSE:BHG ) Q1 2023 Earnings Conference Call May 9, 2023 8:00 AM ET Company Participants Stephen Hagan - Investor Relations Director Mike Mikan - President and CEO Cathy Smith - Chief Administrative Officer and CFO Conference Call Participants Operator Ladies and gentlemen, welcome to the Bright Health Group First Quarter 2023 Earnings Call. My name is Kelly, and I will be coordinating your call today.