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MarketBeat Week in Review – 5/29 - 6/2
66,000% upside on tiny biotech? (Ad)
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66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
66,000% upside on tiny biotech? (Ad)
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
66,000% upside on tiny biotech? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
66,000% upside on tiny biotech? (Ad)
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
66,000% upside on tiny biotech? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
66,000% upside on tiny biotech? (Ad)
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Twitter executive responsible for content safety resigns after Elon Musk criticism
S&P 500   4,282.37
DOW   33,762.76
QQQ   354.65
MarketBeat Week in Review – 5/29 - 6/2
66,000% upside on tiny biotech? (Ad)
Biden signs debt ceiling bill that pulls US back from brink of unprecedented default
Russia bans 'unfriendly' countries' journalists from showpiece economic gathering
66,000% upside on tiny biotech? (Ad)
Slow start to New York's legal pot market leaves farmers holding the bag
With oil prices slumping, OPEC+ producers weigh more production cuts
66,000% upside on tiny biotech? (Ad)
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
Twitter executive responsible for content safety resigns after Elon Musk criticism
NASDAQ:ALHC

Alignment Healthcare (ALHC) Stock Forecast, Price & News

$6.32
+0.42 (+7.12%)
(As of 06/2/2023 ET)
Compare
Today's Range
$5.95
$6.35
50-Day Range
$5.12
$7.64
52-Week Range
$4.88
$19.17
Volume
806,851 shs
Average Volume
820,777 shs
Market Capitalization
$1.19 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.55

Alignment Healthcare MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.78 Rating Score
Upside/​Downside
114.3% Upside
$13.55 Price Target
Short Interest
Bearish
5.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.02mentions of Alignment Healthcare in the last 14 days
Based on 4 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
Growing
From ($0.80) to ($0.59) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.97 out of 5 stars

Medical Sector

563rd out of 983 stocks

Hospital & Medical Service Plans Industry

9th out of 11 stocks


ALHC stock logo

About Alignment Healthcare (NASDAQ:ALHC) Stock

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. It provides customized health care in the United States to seniors and those who need it through its Medicare advantage plans. The company owns Medicare advantage plans in the states of California, North Carolina, Nevada, and Arizona. It also coordinates and provides covered health care services, including professional, institutional, and ancillary services to members enrolled in certain benefit plans of unaffiliated Medicare Advantage Health Maintenance Organizations. The company was founded in 2013 and is based in Orange, California.

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ALHC Stock News Headlines

Alignment Healthcare (NASDAQ:ALHC) Stock Price Down 5.8%
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66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Alignment Healthcare (NASDAQ:ALHC) Shares Gap Up to $6.29
5 Analysts Have This to Say About Alignment Healthcare
Alignment Healthcare (NASDAQ:ALHC) Trading Down 6.9%
See More Headlines

ALHC Price History

ALHC Company Calendar

Last Earnings
11/04/2021
Today
6/03/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Hospital & medical service plans
Sub-Industry
N/A
Sector
Medical
Current Symbol
NASDAQ:ALHC
Fax
N/A
Employees
1,037
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.55
High Stock Price Forecast
$21.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+114.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.78
Research Coverage
9 Analysts

Profitability

Net Income
$-149,550,000.00
Pretax Margin
-9.55%

Debt

Sales & Book Value

Annual Sales
$1.43 billion
Book Value
$1.19 per share

Miscellaneous

Free Float
176,514,000
Market Cap
$1.19 billion
Optionable
Not Optionable
Beta
1.68

Key Executives

  • Mr. John E. KaoMr. John E. Kao (Age 61)
    Pres, CEO & Director
    Comp: $1.59M
  • Mr. Robert Thomas FreemanMr. Robert Thomas Freeman (Age 33)
    Chief Financial Officer
    Comp: $858.22k
  • Dr. Dinesh M. Kumar M.D. (Age 54)
    Chief Medical & Operating Officer
    Comp: $869.58k
  • Ms. Dawn Christine MaroneyMs. Dawn Christine Maroney (Age 55)
    Pres of Markets and CEO of Health Plan
    Comp: $1.04M
  • Ms. Charlotte LeBlanc
    Chief Accounting Officer and Sr. VP
  • Mr. Hakan Kardes
    Chief Technology Officer
  • Mr. Rob Scavo
    Chief Information Officer
  • Mr. Richard A. Cross
    Sr. VP & Gen. Counsel
  • Ms. Amanda Root
    VP of Corp. Communications
  • Ms. Supriya Sood
    Chief People Officer













ALHC Stock - Frequently Asked Questions

Should I buy or sell Alignment Healthcare stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alignment Healthcare in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" ALHC shares.
View ALHC analyst ratings
or view top-rated stocks.

What is Alignment Healthcare's stock price forecast for 2023?

9 Wall Street research analysts have issued 1-year price targets for Alignment Healthcare's stock. Their ALHC share price forecasts range from $8.00 to $21.00. On average, they predict the company's stock price to reach $13.55 in the next twelve months. This suggests a possible upside of 114.3% from the stock's current price.
View analysts price targets for ALHC
or view top-rated stocks among Wall Street analysts.

How have ALHC shares performed in 2023?

Alignment Healthcare's stock was trading at $11.76 at the beginning of 2023. Since then, ALHC shares have decreased by 46.3% and is now trading at $6.32.
View the best growth stocks for 2023 here
.

Are investors shorting Alignment Healthcare?

Alignment Healthcare saw a increase in short interest in May. As of May 15th, there was short interest totaling 5,600,000 shares, an increase of 24.2% from the April 30th total of 4,510,000 shares. Based on an average trading volume of 1,210,000 shares, the short-interest ratio is currently 4.6 days. Approximately 5.9% of the company's stock are short sold.
View Alignment Healthcare's Short Interest
.

When is Alignment Healthcare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our ALHC earnings forecast
.

How were Alignment Healthcare's earnings last quarter?

Alignment Healthcare, Inc. (NASDAQ:ALHC) released its quarterly earnings data on Thursday, November, 4th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.17) by $0.09. The firm earned $293.47 million during the quarter, compared to analyst estimates of $276.31 million. Alignment Healthcare had a negative trailing twelve-month return on equity of 56.76% and a negative net margin of 9.56%.

What ETFs hold Alignment Healthcare's stock?
What guidance has Alignment Healthcare issued on next quarter's earnings?

Alignment Healthcare issued an update on its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.71 billion-$1.74 billion, compared to the consensus revenue estimate of $1.73 billion.

When did Alignment Healthcare IPO?

(ALHC) raised $490 million in an IPO on Friday, March 26th 2021. The company issued 27,200,000 shares at $17.00-$19.00 per share. Goldman Sachs, Morgan Stanley, J.P. Morgan, BofA Securities and William Blair acted as the underwriters for the IPO and UBS Investment Bank, Piper Sandler and Raymond James were co-managers.

What is Alignment Healthcare's stock symbol?

Alignment Healthcare trades on the NASDAQ under the ticker symbol "ALHC."

Who are Alignment Healthcare's major shareholders?

Alignment Healthcare's stock is owned by many different retail and institutional investors. Top institutional investors include FMR LLC (8.94%), BlackRock Inc. (3.55%), Brown Advisory Inc. (2.00%), Hood River Capital Management LLC (1.32%), State Street Corp (1.13%) and Geode Capital Management LLC (0.94%). Insiders that own company stock include Atlantic (Aln Hlth) L General, Dawn Christine Maroney, Dinesh M Kumar, Donald Steven Furman, Jeffrey H Margolis, John E Kao, Joseph S Konowiecki, Michael Curtis Foster, Richard A Cross, Robert Thomas Freeman, Warburg Pincus Llc and Warburg Pincus Partners Gp Llc.
View institutional ownership trends
.

How do I buy shares of Alignment Healthcare?

Shares of ALHC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Alignment Healthcare's stock price today?

One share of ALHC stock can currently be purchased for approximately $6.32.

How much money does Alignment Healthcare make?

Alignment Healthcare (NASDAQ:ALHC) has a market capitalization of $1.19 billion and generates $1.43 billion in revenue each year. The company earns $-149,550,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis.

How many employees does Alignment Healthcare have?

The company employs 1,037 workers across the globe.

How can I contact Alignment Healthcare?

Alignment Healthcare's mailing address is 1100 W. TOWN AND COUNTRY ROAD SUITE 1600, ORANGE CA, 92868. The official website for the company is www.alignmenthealthcare.com. The company can be reached via phone at 844-310-2247 or via email at alignmentir@westwicke.com.

This page (NASDAQ:ALHC) was last updated on 6/4/2023 by MarketBeat.com Staff

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