News headlines about Anthem (NYSE:ANTM) have trended positive recently, Accern reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Anthem earned a daily sentiment score of 0.28 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.5357981464071 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news articles that may have impacted Accern’s rankings:
Anthem (NYSE:ANTM) traded up $0.41 during trading on Friday, reaching $250.06. 1,514,588 shares of the company were exchanged, compared to its average volume of 1,430,000. Anthem has a fifty-two week low of $146.78 and a fifty-two week high of $250.68. The stock has a market cap of $64,210.00, a price-to-earnings ratio of 22.61, a price-to-earnings-growth ratio of 1.75 and a beta of 0.79. 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 (NYSE:ANTM) last released its quarterly earnings data 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 business had revenue of $22.10 billion during the quarter, compared to analyst estimates of $22.10 billion. During the same period in the previous year, the business earned $2.45 EPS. Anthem’s revenue was up 4.6% compared to the same quarter last year. equities research analysts anticipate that Anthem will post 11.97 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 21st. Investors of record on Tuesday, December 5th were paid a $0.70 dividend. The ex-dividend date was Monday, December 4th. This represents a $2.80 dividend on an annualized basis and a yield of 1.12%. Anthem’s dividend payout ratio is 25.32%.
Anthem declared that its board has authorized a share repurchase plan on Thursday, December 7th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.
Several research firms have commented on ANTM. Cantor Fitzgerald reissued a “buy” rating and set a $275.00 target price on shares of Anthem in a research report on Friday. Jefferies Group raised shares of Anthem from a “hold” rating to a “buy” rating and lowered their price target for the stock from $235.00 to $211.00 in a report on Friday, January 12th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Anthem in a report on Thursday, January 4th. Piper Jaffray Companies raised shares of Anthem from a “neutral” rating to an “overweight” rating and set a $151.00 price target on the stock in a report on Wednesday, January 3rd. Finally, Goldman Sachs Group began coverage on shares of Anthem in a report on Wednesday, January 3rd. They issued a “neutral” rating and a $243.00 price target on the stock. Five investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $209.27.
In other news, insider Joseph Swedish sold 21,125 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $209.85, for a total transaction of $4,433,081.25. Following the completion of the transaction, the insider now directly owns 87,668 shares in the company, valued at approximately $18,397,129.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Ronald W. Penczek sold 978 shares of the business’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $217.42, for a total transaction of $212,636.76. Following the transaction, the senior vice president now owns 1,222 shares of the company’s stock, valued at $265,687.24. The disclosure for this sale can be found here. Insiders sold a total of 126,759 shares of company stock valued at $29,115,506 over the last quarter. 0.36% of the stock is owned by company insiders.
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Anthem Company Profile
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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