| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 0/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.48 |
| 52 Week High | US$23.35 |
| 52 Week Low | US$6.14 |
| Beta | 0 |
| 1 Month Change | 21.89% |
| 3 Month Change | 77.40% |
| 1 Year Change | -14.43% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -4.80% |
Recent News & Updates
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
| ALHC | US Healthcare | US 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
| ALHC volatility | |
|---|---|
| ALHC Average Weekly Movement | 8.7% |
| Healthcare Industry Average Movement | 8.8% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2013 | 847 | John Kao | https://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
| ALHC fundamental statistics | |
|---|---|
| Market Cap | US$3.09b |
| Earnings (TTM) | -US$146.05m |
| Revenue (TTM) | US$1.30b |
2.4x
P/S Ratio-21.1x
P/E RatioIs ALHC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ALHC income statement (TTM) | |
|---|---|
| Revenue | US$1.30b |
| Cost of Revenue | US$1.12b |
| Gross Profit | US$179.15m |
| Other Expenses | US$325.20m |
| Earnings | -US$146.05m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.78 |
| Gross Margin | 13.74% |
| Net Profit Margin | -11.20% |
| Debt/Equity Ratio | 52.4% |
How did ALHC perform over the long term?
See historical performance and comparison