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Magellan Health, Inc. (MGLN)
94.99  94.99 (0%)    12-31 19:00
Open: 94.995
High: 94.99
Volume: 832,178
  
Pre. Close: 0
Low: 94.99
Market Cap: 0(M)
Technical analysis
2022-02-14 10:21:34 AM
Short term     
Mid term     
Targets 6-month :  110.96 1-year :  110.99
Resists First :  95 Second :  95.02
Pivot price 94.98
Supports First :  94.97 Second :  79.01
MAs MA(5) :  94.98 MA(20) :  94.98
MA(100) :  94.77 MA(250) :  94.41
MACD MACD :  0 Signal :  0
%K %D K(14,3) :  33.3 D(3) :  33.3
RSI RSI(14): 61.1
52-week High :  99.35 Low :  82.94
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and BULLISH in mid-long term.
[ MGLN ] has closed Bollinger Bands are 100% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 20 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: - -
Low: - -
Close: - -
Company Description

Magellan Health, Inc., together with its subsidiaries, provides healthcare management services in the United States. The company operates in Healthcare and Pharmacy Management segments. The Healthcare segment offers carve-out management services for behavioral health; employee assistance plans; and other areas of specialty healthcare, including diagnostic imaging, musculoskeletal management, cardiac, and physical medicine. It also contracts with state Medicaid agencies, and the centers for Medicare and Medicaid services to manage care for beneficiaries under Medicaid and Medicare programs, such as healthcare and long-term support services through its network of medical and behavioral health professionals, clinics, hospitals, nursing facilities, home care agencies, and ancillary service providers. The Pharmacy Management segment comprises products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Further, it offers pharmacy benefit management services, such as pharmaceutical dispensing services; pharmacy benefit administration for state Medicaid and other government sponsored programs; clinical and formulary management programs; medical pharmacy management programs; and programs for the integrated management of specialty drugs that treat complex conditions. In addition, the company provides services to health plans and managed care organizations, employers, labor unions, third party administrators, state governments, military and governmental agencies, exchanges, brokers, and consultants. Magellan Health, Inc. was incorporated in 1969 and is headquartered in Phoenix, Arizona. As of January 4, 2022, Magellan Health, Inc. operates as a subsidiary of Centene Corporation.

Headline News

Mon, 22 Apr 2024
New Strong Sell Stocks for November 9th - Yahoo Movies Canada

Sat, 20 Apr 2024
Magellan Health (MGLN) Tops Q4 Earnings and Revenue Estimates - Yahoo Movies Canada

Thu, 06 Jan 2022
Centene completes $2.2B buyout of Phoenix-based Magellan Health - Phoenix Business Journal - The Business Journals

Tue, 05 Jan 2021
Molina Healthcare (MOH) Acquires Magellan Health's Unit - Yahoo Finance

Mon, 04 Jan 2021
Centene to Acquire Magellan Health in $2.2 Billion Deal - Bloomberg

Tue, 22 Dec 2020
Magellan Health Announces Acquisition of Majority Interest in Bayless Integrated Healthcare - Business Wire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Outperform
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Neutral
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Healthcare
Industry:
Medical - Healthcare Plans
Shares Out 26 (M)
Shares Float 24 (M)
Held by Insiders 1.6 (%)
Held by Institutions 102.6 (%)
Shares Short 1,160 (K)
Shares Short P.Month 1,530 (K)
Stock Financials
EPS 11.18
EPS Est Next Qtrly 2
EPS Est This Year 5.13
EPS Est Next Year 5.9
Book Value (p.s.) 73.44
Profit Margin 6.2 %
Operating Margin 0.6 %
Return on Assets (ttm) 0.5 %
Return on Equity (ttm) -0.2 %
Qtrly Rev. Growth 7.1 %
Gross Profit (p.s.) 4.58
Sales Per Share 183.06
EBITDA (p.s.) 3.29
Qtrly Earnings Growth -93.4 %
Operating Cash Flow 185 (M)
Levered Free Cash Flow 690 (M)
Stock Valuations
PE Ratio 8.48
PEG Ratio -39.8
Price to Book value 1.29
Price to Sales 0.51
Price to Cash Flow 13.48
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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