Investor Insights

This summary was created by AI, based on 7 opinions in the last 12 months.

Experts are generally positive about Elevance Health Inc (ELV-N) stock, citing solid growth metrics and favorable valuation. They acknowledge the challenges in the healthcare sector but remain confident in the company's long-term prospects. The stock is perceived as a good long-term hold with potential for double-digit revenue and earnings growth.

Consensus
Positive
Valuation
Undervalued
PAST TOP PICK
Elevance Health Inc
(A Top Pick Apr 21/23, Up 14%)

Health insurance companies have done extremely well and will continue to do so. And this despite continued bombardment to try to tamp down profitability in the sector (its predecessor, Anthem, was trading around $7 a share in 1995). Company expects revenue to grow 10%+ and earnings in low teens. Trades 12-13x earnings. Great setup for long-term hold.

Don't get caught up in the news of the day, think about where it's likely to be in 5-10 years. Use these times of weakness to add to or start a position.

Healthcare
BUY
Elevance Health Inc
ELV vs. UNH

Trades at 4-5 multiple points lower than UNH, fundamentals are equally good.

Whole group has stalled a bit over medical cost ratios and medical costs in general. Government is repricing programs, and it's affecting margins. Companies will fight through it, trading inexpensively, very solid growth metrics. Not afraid to buy any of them, and his choice is ELV.

Healthcare
BUY
Elevance Health Inc

Based on chart performance, this stock could be building a base. Waiting for new highs before purchasing. Could be promising. 

Healthcare
TOP PICK
Elevance Health Inc

Out of favour in 2023. Healthcare is one of the areas where he expects the rotation to go, big opportunity. Stock's flat for last 2 years, but EPS is up 27%. 15x PE this year, 13.5x next year. Estimates of double-digit revenue growth and 15% annual earnings growth. The insurers, in particular, are ripe for a rebound. Yield is 1%.

(Analysts’ price target is $558.02)
Healthcare
PAST TOP PICK
Elevance Health Inc
(A Top Pick Oct 06/22, Down 1%)

Continues to like it. Healthcare has been in the penalty box the past year. ELV was Anthem. It insures 48 million Americans. Growing 15% annually, but trades at only 14x earnings. 

Healthcare
HOLD
Elevance Health Inc

Insurer margins squeezed as procedures delayed by Covid now go ahead. Market's overreacted to this. Still a good long-term hold. Confident in management. Over next 5-10 years, healthcare spending will be double GDP growth.

Healthcare
TOP PICK
Elevance Health Inc

It is both a growth and value stock being a health insurer for corporations. It also provides management for the Federal Government through Medicare and Medicaid as well as its own networks. It is slowly becoming more vertically integrated. Being more on the defensive side it helps to balance his portfolio.       Buy 21  Hold 4  Sell 0

Healthcare
TOP PICK
Elevance Health Inc

Excellent business with good long term prospects.
Very strong balance sheet.
Large health insurance company with ~45M customers. 
Strong management team that is good at running business. 

Healthcare
PAST TOP PICK
Elevance Health Inc
(A Top Pick Feb 08/22, Up 6%)

Healthcare notoriously left out of most recent high-beta rally. Don't give up. Don't chase low-quality, high-beta companies just because they're going up for 6 weeks. Go with good quality companies, and you will be rewarded. He's sticking with it. Demographic tailwind, 6% FCF yield, expects $33 EPS in 2023 which is a 15x PE.

Healthcare
BUY
Elevance Health Inc
ELV vs. UNH The old Anthem. A better choice than UNH. It comes down to valuation. While the metrics are similar, the PE is 22-23x for UNH, yet 6 points lower for ELV. Virtually identical performance.
Healthcare
BUY
Elevance Health Inc
The old Anthem. A Republican mid-term win should solidify healthcare insurers, as there won't be the pricing pressure from the Democrats. Less risk due to cheaper valuation, and every bit as good an opportunity for reward.
Healthcare
PAST TOP PICK
Elevance Health Inc
(A Top Pick Oct 06/21, Up 33%) Some cyclicality, but it's generally low. Profitable through the whole cycle. 14x earnings. Yield is about 1%.
Healthcare
TOP PICK
Elevance Health Inc
Used to be called Anthem. Prefers it to UNH, as it trades 5-6 points cheaper. Growth metrics are good. Demographic tailwind. Trades at 14x earnings, free cashflow yield of 6%. Defensive. Yield is 1.07%. (Analysts’ price target is $543.36)
Healthcare
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Elevance Health Inc(ELV-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 5

Stockchase rating for Elevance Health Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Elevance Health Inc(ELV-N) Frequently Asked Questions

What is Elevance Health Inc stock symbol?

Elevance Health Inc is a American stock, trading under the symbol ELV-N on the New York Stock Exchange (ELV). It is usually referred to as NYSE:ELV or ELV-N

Is Elevance Health Inc a buy or a sell?

In the last year, 5 stock analysts published opinions about ELV-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Elevance Health Inc.

Is Elevance Health Inc a good investment or a top pick?

Elevance Health Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Elevance Health Inc.

Why is Elevance Health Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Elevance Health Inc worth watching?

5 stock analysts on Stockchase covered Elevance Health Inc In the last year. It is a trending stock that is worth watching.

What is Elevance Health Inc stock price?

On 2024-05-24, Elevance Health Inc (ELV-N) stock closed at a price of $521.41.