Alignment Healthcare Inc (ALHC) EPS is poised to hit -0.23 next quarter: How Investors Can Make It Count the Most?

As on Wednesday, Alignment Healthcare Inc (NASDAQ: ALHC) started slowly as it slid -7.26% to $4.47, before settling in for the price of $4.82 at the close. Taking a more long-term approach, ALHC posted a 52-week range of $4.48-$9.20.

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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 24.61%. Meanwhile, its Annual Earning per share during the time was -35.06%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 23.88%. This publicly-traded company’s shares outstanding now amounts to $188.95 million, simultaneously with a float of $89.91 million. The organization now has a market capitalization sitting at $844.74 million. At the time of writing, stock’s 50-day Moving Average stood at $5.86, while the 200-day Moving Average is $6.53.

Alignment Healthcare Inc (ALHC) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Healthcare Plans industry. Alignment Healthcare Inc’s current insider ownership accounts for 52.43%, in contrast to 43.06% institutional ownership. According to the most recent insider trade that took place on Mar 28 ’24, this organization’s President, Markets sold 10,151 shares at the rate of 4.84, making the entire transaction reach 49,131 in total value, affecting insider ownership by 1,976,097. Preceding that transaction, on Mar 28 ’24, Company’s Chief Experience Officer sold 4,363 for 4.84, making the whole transaction’s value amount to 21,117. This particular insider is now the holder of 430,444 in total.

Alignment Healthcare Inc (ALHC) Earnings and Revenue Records

If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.25 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.22) by -$0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.11 per share during the current fiscal year.

Alignment Healthcare Inc’s EPS increase for this current 12-month fiscal period is 23.88% and is forecasted to reach -0.52 in the upcoming year.

Alignment Healthcare Inc (NASDAQ: ALHC) Trading Performance Indicators

Let’s observe the current performance indicators for Alignment Healthcare Inc (ALHC). The Stock has managed to achieve an average true range (ATR) of 0.33. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.46.

In the same vein, ALHC’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.79, a figure that is expected to reach -0.23 in the next quarter, and analysts are predicting that it will be -0.52 at the market close of one year from today.

Technical Analysis of Alignment Healthcare Inc (ALHC)

Through scrutinizing the latest numbers posted by the [Alignment Healthcare Inc, ALHC], it can be observed that its last 5-days Average volume of 0.77 million was lower the volume of 0.91 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 32.06% While, its Average True Range was 0.30.

Raw Stochastic average of Alignment Healthcare Inc (ALHC) in the period of the previous 100 days is set at 0.21%, which indicates a major fall in contrast to 0.88% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 58.94% that was lower than 67.98% volatility it exhibited in the past 100-days period.