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ANTM

AnthemNYSE:ANTM Stock Report

Market Cap

US$98.6b

7D

-4.1%

1Y

29.4%

Updated

30 Nov, 2021

Data

Company Financials +
ANTM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance2/6
Financial Health6/6
Dividends4/6

ANTM Stock Overview

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

Anthem Competitors

UnitedHealth Group

NYSE:UNH

US$418.4b

Humana

NYSE:HUM

US$53.9b

Centene

NYSE:CNC

US$41.7b

Molina Healthcare

NYSE:MOH

US$16.7b

Price History & Performance

Summary of all time highs, changes and price drops for Anthem
Historical stock prices
Current Share PriceUS$406.23
52 Week HighUS$439.90
52 Week LowUS$286.04
Beta1.05
1 Month Change-6.64%
3 Month Change9.98%
1 Year Change29.41%
3 Year Change38.68%
5 Year Change182.99%
Change since IPO1,886.46%

Recent News & Updates

Nov 25
Anthem, Inc. (NYSE:ANTM) Shares Could Be 21% Below Their Intrinsic Value Estimate

Anthem, Inc. (NYSE:ANTM) Shares Could Be 21% Below Their Intrinsic Value Estimate

Today we will run through one way of estimating the intrinsic value of Anthem, Inc. ( NYSE:ANTM ) by taking the...

Oct 26
Why Anthem's (NYSE:ANTM) has the Fundamental Potential to Keep Delivering on the Long-Term

Why Anthem's (NYSE:ANTM) has the Fundamental Potential to Keep Delivering on the Long-Term

Anthem, Inc. (NYSE:ANTM) seems to have been a great long-term investment, as evident by the stock being up 257% in five years. Additionally, the share price has risen 14% in thirty days, resulting from the latest earnings release. We will go over the performance of the bottom line as it relates to providing free cash flows to investors, and see how the future potential fares.

Shareholder Returns

ANTMUS HealthcareUS Market
7D-4.1%-3.6%-2.8%
1Y29.4%17.0%20.0%

Return vs Industry: ANTM exceeded the US Healthcare industry which returned 17% over the past year.

Return vs Market: ANTM exceeded the US Market which returned 20% over the past year.

Price Volatility

Is ANTM's price volatile compared to industry and market?
ANTM volatility
ANTM Average Weekly Movement4.1%
Healthcare Industry Average Movement6.5%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: ANTM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: ANTM's weekly volatility (4%) 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$98.60b
Earnings (TTM)US$5.52b
Revenue (TTM)US$133.88b

17.9x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ANTM income statement (TTM)
RevenueUS$133.88b
Cost of RevenueUS$99.20b
Gross ProfitUS$34.69b
ExpensesUS$29.17b
EarningsUS$5.52b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

Jan 26, 2022

Earnings per share (EPS)22.73
Gross Margin25.91%
Net Profit Margin4.12%
Debt/Equity Ratio63.6%

How did ANTM perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

19%

Payout Ratio

Does ANTM pay a reliable dividends?

See ANTM dividend history and benchmarks
When do you need to buy ANTM by to receive an upcoming dividend?
Anthem dividend dates
Ex Dividend DateDec 02 2021
Dividend Pay DateDec 21 2021
Days until Ex dividend0 days
Days until Dividend pay date19 days

Does ANTM pay a reliable dividends?

See ANTM dividend history and benchmarks

Valuation

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

24.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ANTM ($406.23) is trading below our estimate of fair value ($537.79)

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 (17.9x) compared to the US Healthcare industry average (21x).

PE vs Market: ANTM is poor value based on its PE Ratio (17.9x) compared to the US market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: ANTM is poor value based on its PEG Ratio (1.9x)


Price to Book Ratio

PB vs Industry: ANTM's PB Ratio (2.8x) is in line with the US Healthcare industry average.


Future Growth

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

9.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ANTM's forecast earnings growth (9.3% per year) is above the savings rate (2%).

Earnings vs Market: ANTM's earnings (9.3% per year) are forecast to grow slower than the US market (14.2% per year).

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

Revenue vs Market: ANTM's revenue (8.2% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: ANTM's revenue (8.2% 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 (16.7%).


Past Performance

How has Anthem performed over the past 5 years?

12.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ANTM has high quality earnings.

Growing Profit Margin: ANTM's current net profit margins (4.1%) are lower than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: ANTM's earnings have grown by 12.9% per year over the past 5 years.

Accelerating Growth: ANTM's earnings growth over the past year (11.4%) is below its 5-year average (12.9% per year).

Earnings vs Industry: ANTM earnings growth over the past year (11.4%) underperformed the Healthcare industry 32.5%.


Return on Equity

High ROE: ANTM's Return on Equity (15.4%) is considered low.


Financial Health

How is Anthem's financial position?


Financial Position Analysis

Short Term Liabilities: ANTM's short term assets ($51.9B) exceed its short term liabilities ($35.2B).

Long Term Liabilities: ANTM's short term assets ($51.9B) exceed its long term liabilities ($27.1B).


Debt to Equity History and Analysis

Debt Level: ANTM has more cash than its total debt.

Reducing Debt: ANTM's debt to equity ratio has reduced from 68.6% to 63.6% over the past 5 years.

Debt Coverage: ANTM's debt is well covered by operating cash flow (46.1%).

Interest Coverage: ANTM's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


Dividend

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

1.11%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ANTM's dividend (1.11%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: ANTM's dividend (1.11%) is low compared to the top 25% of dividend payers in the US market (3.63%).


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 (19.3%), 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 (19.5% payout ratio).


Next Steps

Management

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

5.7yrs

Average management tenure


CEO

Gail Boudreaux (60 yo)

4yrs

Tenure

US$17,109,952

Compensation

Ms. Gail Koziara Boudreaux serves as Director at Target Corporation since September 23, 2021. She has been President, Chief Executive Officer and Director of Anthem, Inc. since November 11, 2017. Prior to...


CEO Compensation Analysis

Compensation vs Market: Gail's total compensation ($USD17.11M) is above average for companies of similar size in the US market ($USD11.14M).

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 (5.7 years average tenure).


Board Members

Experienced Board: ANTM's board of directors are considered experienced (8.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: ANTM insiders have only sold shares 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$98.598b
  • Shares outstanding: 242.71m
  • 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 Analysis2021/11/30 23:54
End of Day Share Price2021/11/30 00:00
Earnings2021/09/30
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.