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ALHC

Alignment Healthcare NasdaqGS:ALHC Stock Report

Last Price

US$16.48

Market Cap

US$3.1b

7D

-8.0%

1Y

-14.4%

Updated

12 Aug, 2022

Data

Company Financials +
ALHC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth1/6
Past Performance0/6
Financial Health5/6
Dividends0/6

ALHC Stock Overview

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform.

Alignment Healthcare, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Alignment Healthcare
Historical stock prices
Current Share PriceUS$16.48
52 Week HighUS$23.35
52 Week LowUS$6.14
Beta0
1 Month Change21.89%
3 Month Change77.40%
1 Year Change-14.43%
3 Year Changen/a
5 Year Changen/a
Change since IPO-4.80%

Recent News & Updates

Jul 20

Alignment Health Plan plans to expand into three Nevada counties

Alignment Healthcare (NASDAQ:ALHC) plans to extend its tech-enabled Medicare Advantage plans to three more counties in California-Alameda, Fresno and Madera-pending regulatory approval from the Centers for Medicare & Medicaid Services. If approved, Alignment Health Plan benefit packages would be available in a total of 21 California counties, reaching more than 5.4M residents, or 82% of the state’s Medicare-eligible population, beginning Jan. 1, 2023. Along with its anticipated growth in California, the Co. also announced its planned expansion into 11 additional counties across Arizona, Nevada, North Carolina, Florida and Texas in 2023. “We are growing to bolster much-needed health care and wraparound support for seniors across our home state of California, where the largest number of Medicare-eligible adults in the country live,” said Dawn Maroney, markets President, Alignment Healthcare.

Shareholder Returns

ALHCUS HealthcareUS Market
7D-8.0%2.4%3.2%
1Y-14.4%17.7%-10.1%

Return vs Industry: ALHC underperformed the US Healthcare industry which returned 15.6% over the past year.

Return vs Market: ALHC underperformed the US Market which returned -11.7% over the past year.

Price Volatility

Is ALHC's price volatile compared to industry and market?
ALHC volatility
ALHC Average Weekly Movement8.7%
Healthcare Industry Average Movement8.8%
Market Average Movement7.7%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market3.2%

Stable Share Price: ALHC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: ALHC's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013847John Kaohttps://www.alignmenthealthcare.com

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. It provides customized health care in the United States to seniors and those who need it through its Medicare advantage plans. The company owns Medicare advantage plans in the states of California, North Carolina, and Nevada.

Alignment Healthcare, Inc. Fundamentals Summary

How do Alignment Healthcare's earnings and revenue compare to its market cap?
ALHC fundamental statistics
Market CapUS$3.09b
Earnings (TTM)-US$146.05m
Revenue (TTM)US$1.30b

2.4x

P/S Ratio

-21.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ALHC income statement (TTM)
RevenueUS$1.30b
Cost of RevenueUS$1.12b
Gross ProfitUS$179.15m
Other ExpensesUS$325.20m
Earnings-US$146.05m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.78
Gross Margin13.74%
Net Profit Margin-11.20%
Debt/Equity Ratio52.4%

How did ALHC perform over the long term?

See historical performance and comparison