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MultiPlan NYSE:MPLN Stock Report

Last Price

US$0.66

Market Cap

US$350.4m

7D

5.0%

1Y

-48.4%

Updated

22 May, 2024

Data

Company Financials +

MPLN Stock Overview

Provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States.

MPLN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

MultiPlan Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for MultiPlan
Historical stock prices
Current Share PriceUS$0.66
52 Week HighUS$2.29
52 Week LowUS$0.51
Beta0.83
1 Month Change19.32%
3 Month Change-41.58%
1 Year Change-48.43%
3 Year Change-91.98%
5 Year Changen/a
Change since IPO-93.21%

Recent News & Updates

MultiPlan Corporation (NYSE:MPLN) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

May 09
MultiPlan Corporation (NYSE:MPLN) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

Recent updates

MultiPlan Corporation (NYSE:MPLN) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

May 09
MultiPlan Corporation (NYSE:MPLN) Looks Inexpensive After Falling 29% But Perhaps Not Attractive Enough

Estimating The Intrinsic Value Of MultiPlan Corporation (NYSE:MPLN)

Apr 23
Estimating The Intrinsic Value Of MultiPlan Corporation (NYSE:MPLN)

Why Investors Shouldn't Be Surprised By MultiPlan Corporation's (NYSE:MPLN) 26% Share Price Plunge

Mar 13
Why Investors Shouldn't Be Surprised By MultiPlan Corporation's (NYSE:MPLN) 26% Share Price Plunge

MultiPlan (NYSE:MPLN) Has A Somewhat Strained Balance Sheet

Mar 05
MultiPlan (NYSE:MPLN) Has A Somewhat Strained Balance Sheet

Insufficient Growth At MultiPlan Corporation (NYSE:MPLN) Hampers Share Price

Jan 08
Insufficient Growth At MultiPlan Corporation (NYSE:MPLN) Hampers Share Price

MultiPlan Sees Uptick In Utilization But Revenue Growth Is A Challenge

Oct 27

Revenues Working Against MultiPlan Corporation's (NYSE:MPLN) Share Price

Oct 02
Revenues Working Against MultiPlan Corporation's (NYSE:MPLN) Share Price

MultiPlan Sees Stabilizing Markets But Contracting Revenue In 2023

Jul 13

MultiPlan Corporation: Stay Away From The Stock In The Near Term

Jan 07

MultiPlan Corporation (NYSE:MPLN) Analysts Just Trimmed Their Revenue Forecasts By 15%

Nov 18
MultiPlan Corporation (NYSE:MPLN) Analysts Just Trimmed Their Revenue Forecasts By 15%

Multiplan Corporation GAAP EPS of $0.03 in-line, revenue of $250.5M misses by $34.7M

Nov 08

MultiPlan Corporation: Adding This Growing Healthcare Tech Play To The 'Bio Boom' Portfolio

May 23

MultiPlan Corporation (NYSE:MPLN) Just Released Its Annual Earnings: Here's What Analysts Think

Feb 20
MultiPlan Corporation (NYSE:MPLN) Just Released Its Annual Earnings: Here's What Analysts Think

MultiPlan Corporation's (NYSE:MPLN) Intrinsic Value Is Potentially 67% Above Its Share Price

Jul 04
MultiPlan Corporation's (NYSE:MPLN) Intrinsic Value Is Potentially 67% Above Its Share Price

Shareholder Returns

MPLNUS Healthcare ServicesUS Market
7D5.0%-0.4%-0.2%
1Y-48.4%-1.8%28.2%

Return vs Industry: MPLN underperformed the US Healthcare Services industry which returned -2.8% over the past year.

Return vs Market: MPLN underperformed the US Market which returned 27.7% over the past year.

Price Volatility

Is MPLN's price volatile compared to industry and market?
MPLN volatility
MPLN Average Weekly Movement15.5%
Healthcare Services Industry Average Movement10.6%
Market Average Movement5.9%
10% most volatile stocks in US Market16.0%
10% least volatile stocks in US Market2.8%

Stable Share Price: MPLN's share price has been volatile over the past 3 months.

Volatility Over Time: MPLN's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19802,800Travis Daltonwww.multiplan.us

MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services. It provides payment and revenue integrity services, such as identifying and removing improper and unnecessary charges paid during the claim, as well as services to identify and help restore and preserve underpaid premium dollars.

MultiPlan Corporation Fundamentals Summary

How do MultiPlan's earnings and revenue compare to its market cap?
MPLN fundamental statistics
Market capUS$350.36m
Earnings (TTM)-US$631.59m
Revenue (TTM)US$959.44m

0.4x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MPLN income statement (TTM)
RevenueUS$959.44m
Cost of RevenueUS$240.70m
Gross ProfitUS$718.74m
Other ExpensesUS$1.35b
Earnings-US$631.59m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.98
Gross Margin74.91%
Net Profit Margin-65.83%
Debt/Equity Ratio387.2%

How did MPLN perform over the long term?

See historical performance and comparison
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