Press coverage about Anthem (NYSE:ANTM) has been trending positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Anthem earned a daily sentiment score of 0.30 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.8650111889508 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
Several equities research analysts have recently weighed in on the stock. B. Riley reiterated a “buy” rating on shares of Anthem in a research report on Wednesday, December 6th. Zacks Investment Research lowered shares of Anthem from a “buy” rating to a “hold” rating in a research note on Tuesday, September 19th. Leerink Swann reissued an “outperform” rating on shares of Anthem in a research note on Tuesday, November 7th. BidaskClub lowered shares of Anthem from a “buy” rating to a “hold” rating in a research note on Friday, September 15th. Finally, Cantor Fitzgerald reaffirmed a “buy” rating and issued a $215.00 price objective on shares of Anthem in a research note on Wednesday, October 18th. Six equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $206.60.
Anthem (NYSE ANTM) traded up $1.11 during trading on Thursday, hitting $235.00. 1,520,365 shares of the company’s stock were exchanged, compared to its average volume of 1,357,933. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.51 and a quick ratio of 1.51. Anthem has a 12-month low of $144.34 and a 12-month high of $237.00. The company has a market capitalization of $60,340.00, a price-to-earnings ratio of 21.25, a price-to-earnings-growth ratio of 1.70 and a beta of 0.79.
Anthem (NYSE:ANTM) last released its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.25. Anthem had a net margin of 3.35% and a return on equity of 12.97%. The company had revenue of $22.10 billion for the quarter, compared to analyst estimates of $22.10 billion. During the same period last year, the firm earned $2.45 earnings per share. The firm’s revenue was up 4.6% on a year-over-year basis. sell-side analysts forecast that Anthem will post 11.97 earnings per share for the current fiscal year.
Anthem declared that its board has authorized a share repurchase plan on Thursday, December 7th that permits the company to buyback $5.00 billion in outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.
The company also recently declared a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Tuesday, December 5th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.19%. The ex-dividend date of this dividend was Monday, December 4th. Anthem’s payout ratio is currently 25.32%.
In related news, EVP Gloria M. Mccarthy sold 14,429 shares of the firm’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $229.68, for a total transaction of $3,314,052.72. Following the transaction, the executive vice president now directly owns 30,667 shares of the company’s stock, valued at $7,043,596.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Joseph Swedish sold 21,125 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $209.85, for a total transaction of $4,433,081.25. Following the sale, the insider now owns 87,668 shares of the company’s stock, valued at approximately $18,397,129.80. The disclosure for this sale can be found here. Insiders have sold 59,259 shares of company stock worth $13,194,281 over the last three months. 0.36% of the stock is owned by insiders.
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Anthem, Inc is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.
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