A new trading day began on Friday, with Elevance Health Inc (NYSE: ELV) stock price up 0.80% from the previous day of trading, before settling in for the closing price of $378.39. ELV’s price has ranged from $377.97 to $567.26 over the past 52 weeks.
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During the last 5-year period, the sales growth of Healthcare Sector giant was 13.24%. Meanwhile, its annual earnings per share averaged 0.12%. With a float of $231.44 million, this company’s outstanding shares have now reached $231.93 million.
Let’s determine the extent of company efficiency that accounts for 104900 employees. In terms of profitability, gross margin is 27.94%, operating margin of 5.29%, and the pretax margin is 4.77%.
Elevance Health Inc (ELV) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Healthcare Plans Industry. The insider ownership of Elevance Health Inc is 0.21%, while institutional ownership is 90.40%. The most recent insider transaction that took place on Oct 18 ’24, was worth 3,205,182. In this transaction EVP & President, Commercial of this company sold 7,417 shares at a rate of $432.14, taking the stock ownership to the 8,423 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Director proposed sale 7,417 for $432.28, making the entire transaction worth $3,206,221.
Elevance Health Inc (ELV) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 10.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.12% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.01% during the next five years compared to 12.18% growth over the previous five years of trading.
Elevance Health Inc (NYSE: ELV) Trading Performance Indicators
Here are Elevance Health Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.51. Likewise, its price to free cash flow for the trailing twelve months is 102.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.43, a number that is poised to hit 3.98 in the next quarter and is forecasted to reach 34.94 in one year’s time.
Technical Analysis of Elevance Health Inc (ELV)
Looking closely at Elevance Health Inc (NYSE: ELV), its last 5-days average volume was 2.09 million, which is a jump from its year-to-date volume of 1.22 million. As of the previous 9 days, the stock’s Stochastic %D was 12.24%. Additionally, its Average True Range was 10.61.
During the past 100 days, Elevance Health Inc’s (ELV) raw stochastic average was set at 3.19%, which indicates a significant decrease from 16.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.09% in the past 14 days, which was lower than the 27.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $424.04, while its 200-day Moving Average is $502.00. However, in the short run, Elevance Health Inc’s stock first resistance to watch stands at $387.64. Second resistance stands at $393.88. The third major resistance level sits at $400.05. If the price goes on to break the first support level at $375.23, it is likely to go to the next support level at $369.06. Now, if the price goes above the second support level, the third support stands at $362.82.
Elevance Health Inc (NYSE: ELV) Key Stats
With a market capitalization of 89.16 billion, the company has a total of 231,923K Shares Outstanding. Currently, annual sales are 171,340 M while annual income is 5,987 M. The company’s previous quarter sales were 45,106 M while its latest quarter income was 1,016 M.
