ANTM

AnthemNYSE:ANTM Stock Report

Market Cap

US$92.5b

7D

6.2%

1Y

43.7%

Updated

18 Sep, 2021

Data

Company Financials +
ANTM fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance2/6
Financial Health5/6
Dividends4/6

ANTM Overview

Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States.

Anthem Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Anthem
Historical stock prices
Current Share PriceUS$379.52
52 Week HighUS$244.10
52 Week LowUS$406.00
Beta1.04
1 Month Change0.96%
3 Month Change2.79%
1 Year Change43.65%
3 Year Change39.26%
5 Year Change199.87%
Change since IPO1,755.84%

Recent News & Updates

Sep 19
Is Now An Opportune Moment To Examine Anthem, Inc. (NYSE:ANTM)?

Is Now An Opportune Moment To Examine Anthem, Inc. (NYSE:ANTM)?

Today we're going to take a look at the well-established Anthem, Inc. ( NYSE:ANTM ). The company's stock received a lot...

Sep 09

UnitedHealth Vs. Anthem: A Quantitative 5-Year Outlook

This is a quantitative study and doesn't cover recent idiosyncratic events. Pricing metrics, Valuation metrics, and Backtesting are applied. Dividends are analyzed ex-post and ex-ante. Find out which is the better investment for the next 5 years! Any value-added debate is welcomed. Happy Investing!

Jul 28
Anthem's (NYSE:ANTM) Returns Have Hit A Wall

Anthem's (NYSE:ANTM) Returns Have Hit A Wall

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

ANTMUS HealthcareUS Market
7D6.2%2.4%-0.6%
1Y43.7%33.0%33.8%

Return vs Industry: ANTM exceeded the US Healthcare industry which returned 33% over the past year.

Return vs Market: ANTM exceeded the US Market which returned 33.8% over the past year.

Price Volatility

Is ANTM's price volatile compared to industry and market?
ANTM volatility
ANTM Beta1.04
Industry Beta0.87
Market Beta1

Stable Share Price: ANTM is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ANTM's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194483,400Gail Boudreauxhttps://www.antheminc.com

Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States. It operates through four segments: Commercial & Specialty Business, Government Business, IngenioRx, and Other. The company offers a spectrum of network-based managed care health benefit plans to large and small groups, individuals, Medicaid, and Medicare markets.

Anthem Fundamentals Summary

How do Anthem's earnings and revenue compare to its market cap?
ANTM fundamental statistics
Market CapUS$92.53b
Earnings (TTM)US$4.23b
Revenue (TTM)US$129.22b

21.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANTM income statement (TTM)
RevenueUS$129.22b
Cost of RevenueUS$95.47b
Gross ProfitUS$33.75b
ExpensesUS$29.52b
EarningsUS$4.23b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Oct 20, 2021

Earnings per share (EPS)17.13
Gross Margin26.12%
Net Profit Margin3.27%
Debt/Equity Ratio66.3%

How did ANTM perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is Anthem undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ANTM ($379.52) is trading below our estimate of fair value ($770.72)

Significantly Below Fair Value: ANTM is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ANTM is good value based on its PE Ratio (21.9x) compared to the US Healthcare industry average (22.6x).

PE vs Market: ANTM is poor value based on its PE Ratio (21.9x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: ANTM is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: ANTM is good value based on its PB Ratio (2.6x) compared to the US Healthcare industry average (3.4x).


Future Growth

How is Anthem forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANTM's forecast earnings growth (9.5% per year) is above the savings rate (2%).

Earnings vs Market: ANTM's earnings (9.5% per year) are forecast to grow slower than the US market (14.9% per year).

High Growth Earnings: ANTM's earnings are forecast to grow, but not significantly.

Revenue vs Market: ANTM's revenue (7.7% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: ANTM's revenue (7.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ANTM's Return on Equity is forecast to be low in 3 years time (18.5%).


Past Performance

How has Anthem performed over the past 5 years?

13.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANTM has high quality earnings.

Growing Profit Margin: ANTM's current net profit margins (3.3%) are lower than last year (5.2%).


Past Earnings Growth Analysis

Earnings Trend: ANTM's earnings have grown by 13.7% per year over the past 5 years.

Accelerating Growth: ANTM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ANTM had negative earnings growth (-28.5%) over the past year, making it difficult to compare to the Healthcare industry average (32.2%).


Return on Equity

High ROE: ANTM's Return on Equity (12.1%) is considered low.


Financial Health

How is Anthem's financial position?


Financial Position Analysis

Short Term Liabilities: ANTM's short term assets ($50.2B) exceed its short term liabilities ($33.8B).

Long Term Liabilities: ANTM's short term assets ($50.2B) exceed its long term liabilities ($27.3B).


Debt to Equity History and Analysis

Debt Level: ANTM's debt to equity ratio (66.3%) is considered high.

Reducing Debt: ANTM's debt to equity ratio has reduced from 70.5% to 66.3% over the past 5 years.

Debt Coverage: ANTM's debt is well covered by operating cash flow (29.5%).

Interest Coverage: ANTM's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Dividend

What is Anthem current dividend yield, its reliability and sustainability?

1.19%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ANTM's dividend (1.19%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: ANTM's dividend (1.19%) is low compared to the top 25% of dividend payers in the US market (3.6%).


Stability and Growth of Payments

Stable Dividend: ANTM's dividends per share have been stable in the past 10 years.

Growing Dividend: ANTM's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.3%), ANTM's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: ANTM's dividends in 3 years are forecast to be well covered by earnings (18% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.5yrs

Average management tenure


CEO

Gail Boudreaux (60 yo)

3.83yrs

Tenure

US$17,109,952

Compensation

Ms. Gail Koziara Boudreaux has been President, Chief Executive Officer and Director of Anthem, Inc. since November 11, 2017. Prior to joining the Company, she served as Chief Executive Officer of GKB Globa...


CEO Compensation Analysis

Compensation vs Market: Gail's total compensation ($USD17.11M) is above average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Gail's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ANTM's management team is seasoned and experienced (5.5 years average tenure).


Board Members

Experienced Board: ANTM's board of directors are considered experienced (8.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: ANTM insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Anthem, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Anthem, Inc.
  • Ticker: ANTM
  • Exchange: NYSE
  • Founded: 1944
  • Industry: Managed Health Care
  • Sector: Healthcare
  • Market Cap: US$92.533b
  • Shares outstanding: 243.82m
  • Website: https://www.antheminc.com

Number of Employees


Location

  • Anthem, Inc.
  • 220 Virginia Avenue
  • Indianapolis
  • Indiana
  • 46204
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 22:09
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.