Magellan Health (NASDAQ: MGLN) is one of 15 publicly-traded companies in the “Managed Health Care” industry, but how does it weigh in compared to its competitors? We will compare Magellan Health to similar companies based on the strength of its dividends, earnings, analyst recommendations, risk, profitability, valuation and institutional ownership.
Volatility and Risk
Magellan Health has a beta of 0.55, suggesting that its stock price is 45% less volatile than the S&P 500. Comparatively, Magellan Health’s competitors have a beta of 0.62, suggesting that their average stock price is 38% less volatile than the S&P 500.
Earnings and Valuation
This table compares Magellan Health and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Magellan Health||$4.84 billion||$77.87 million||21.98|
|Magellan Health Competitors||$50.73 billion||$1.52 billion||12.06|
Magellan Health’s competitors have higher revenue and earnings than Magellan Health. Magellan Health is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a summary of recent ratings and recommmendations for Magellan Health and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Magellan Health Competitors||81||931||1473||24||2.57|
Magellan Health presently has a consensus price target of $81.25, indicating a potential downside of 2.46%. As a group, “Managed Health Care” companies have a potential downside of 1.87%. Given Magellan Health’s competitors stronger consensus rating and higher probable upside, analysts clearly believe Magellan Health has less favorable growth aspects than its competitors.
Insider and Institutional Ownership
93.3% of Magellan Health shares are held by institutional investors. Comparatively, 90.6% of shares of all “Managed Health Care” companies are held by institutional investors. 3.6% of Magellan Health shares are held by insiders. Comparatively, 2.4% of shares of all “Managed Health Care” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
This table compares Magellan Health and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Magellan Health Competitors||1.81%||11.16%||3.57%|
Magellan Health competitors beat Magellan Health on 8 of the 13 factors compared.
Magellan Health Company Profile
Magellan Health, Inc. is engaged in the healthcare management business. The Company’s segments include Healthcare, Pharmacy Management and Corporate. It is focused on managing special populations, complete pharmacy benefits and other specialty areas of healthcare. Its Healthcare includes its management of behavioral healthcare services and employee assistance program (EAP) services, management of other specialty areas, including diagnostic imaging and musculoskeletal management, and the integrated management of physical, behavioral and pharmaceutical healthcare for special populations, delivered through Magellan Complete Care (MCC). Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists primarily of operational support functions. It provides services to health plans and other managed care organizations (MCOs).
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