NASDAQ:ALHC Alignment Healthcare (ALHC) Stock Forecast, Price & News $6.60 -0.01 (-0.15%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$6.56▼$6.8150-Day Range$5.18▼$6.7752-Week Range$4.88▼$13.92Volume577,082 shsAverage Volume614,450 shsMarket Capitalization$1.24 billionP/E RatioN/ADividend YieldN/APrice Target$10.63 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Alignment Healthcare MarketRank™ ForecastAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside61.0% Upside$10.63 Price TargetShort InterestHealthy4.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.69Based on 2 Articles This WeekInsider TradingSelling Shares$80,465 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.76) to ($0.57) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.12 out of 5 starsMedical Sector466th out of 963 stocksHospital & Medical Service Plans Industry7th out of 11 stocks 3.4 Analyst's Opinion Consensus RatingAlignment Healthcare has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.63, Alignment Healthcare has a forecasted upside of 61.0% from its current price of $6.60.Amount of Analyst CoverageAlignment Healthcare has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.66% of the float of Alignment Healthcare has been sold short.Short Interest Ratio / Days to CoverAlignment Healthcare has a short interest ratio ("days to cover") of 6.1.Change versus previous monthShort interest in Alignment Healthcare has recently decreased by 1.71%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldAlignment Healthcare does not currently pay a dividend.Dividend GrowthAlignment Healthcare does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALHC. Previous Next 2.1 News and Social Media Coverage News SentimentAlignment Healthcare has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Alignment Healthcare this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for ALHC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Alignment Healthcare to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alignment Healthcare insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $80,465.00 in company stock.Percentage Held by InsidersOnly 6.30% of the stock of Alignment Healthcare is held by insiders.Percentage Held by Institutions85.58% of the stock of Alignment Healthcare is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Alignment Healthcare are expected to grow in the coming year, from ($0.76) to ($0.57) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alignment Healthcare is -7.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Alignment Healthcare is -7.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlignment Healthcare has a P/B Ratio of 5.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alignment Healthcare (NASDAQ:ALHC) StockAlignment 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, Arizona, Florida, and Texas. The company was founded in 2013 and is based in Orange, California.Read More ALHC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALHC Stock News HeadlinesSeptember 18, 2023 | finance.yahoo.comAlignment Healthcare (ALHC) Soars 5.9%: Is Further Upside Left in the Stock?September 18, 2023 | americanbankingnews.comAlignment Healthcare, Inc. (NASDAQ:ALHC) Insider Sells $80,464.80 in StockSeptember 24, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.September 17, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) Shares Up 5.1%September 15, 2023 | finance.yahoo.comInsider Sell: Christopher Joyce Sells 15,474 Shares of Alignment Healthcare Inc (ALHC)September 7, 2023 | finance.yahoo.comSocial Threats to Aging Well in America: 2023 Survey Reveals Economic Instability, Food Insecurity, Lack of Support and Transportation Access as Top Barriers to Senior HealthSeptember 6, 2023 | finance.yahoo.comAlignment Healthcare Welcomes New Chief Medical OfficerAugust 31, 2023 | msn.comMorgan Stanley Maintains Alignment Healthcare (ALHC) Overweight RecommendationSeptember 24, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.August 30, 2023 | finance.yahoo.comAlignment Healthcare to Participate in the Morgan Stanley 21st Annual Global Healthcare ConferenceAugust 11, 2023 | msn.comAlignment Healthcare: Still Spending $106 To Earn $100 In RevenuesAugust 4, 2023 | finance.yahoo.comCompared to Estimates, Alignment Healthcare (ALHC) Q2 Earnings: A Look at Key MetricsAugust 3, 2023 | finance.yahoo.comAlignment Healthcare Reports Second Quarter 2023 Results; Beats Outlook Across All Four Critical KPIsJuly 31, 2023 | finance.yahoo.comAlignment Healthcare Spotlights Improved Senior Health Outcomes, Greater Access to Care in 2nd Annual ESG ReportJuly 20, 2023 | finance.yahoo.com2 Growth Stocks That Could Rocket 81% to 233% Higher, According to Wall StreetJuly 17, 2023 | finance.yahoo.comAlignment Health Names Chief Legal and Administrative OfficerJuly 14, 2023 | msn.comMorgan Stanley Reiterates Alignment Healthcare (ALHC) Overweight RecommendationJuly 13, 2023 | msn.comUBS Maintains Alignment Healthcare (ALHC) Neutral RecommendationJuly 13, 2023 | finance.yahoo.comAlignment Healthcare to Announce Second Quarter 2023 Financial Results and Host Conference Call Thursday, Aug. 3, 2023July 10, 2023 | finance.yahoo.comCareDx (CDNA) Soars 20.6%: Is Further Upside Left in the Stock?July 9, 2023 | finance.yahoo.comShareholders in Alignment Healthcare (NASDAQ:ALHC) are in the red if they invested a year agoJuly 7, 2023 | msn.comJP Morgan Maintains Alignment Healthcare (ALHC) Neutral RecommendationJuly 6, 2023 | finance.yahoo.comAlignment Health Welcomes New Chief People Officer as It Scales to Serve More Seniors NationwideJuly 5, 2023 | finance.yahoo.comAlignment Health Plan Adds Tucson Medical Center to Expand Access to Care for Southern Arizona SeniorsJuly 5, 2023 | finance.yahoo.comAlignment Health Plan Adds Tucson Medical Center to Expand Access to Care for Southern Arizona SeniorsJune 21, 2023 | finance.yahoo.comDown More Than 40%: Analysts Say Buy These 2 Beaten-Down Stocks Before They ReboundJune 14, 2023 | msn.comUNH Slide Prompts a Catastrophe for Health Insurer StocksSee More Headlines Receive ALHC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alignment Healthcare and its competitors with MarketBeat's FREE daily newsletter. Email Address ALHC Company Calendar Last Earnings8/03/2023Today9/24/2023Next Earnings (Estimated)11/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Hospital & medical service plans Sub-IndustryN/A SectorMedical Current SymbolNASDAQ:ALHC CUSIPN/A CIK1832466 Webwww.alignmenthealthcare.com Phone844-310-2247FaxN/AEmployees1,037Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.63 High Stock Price Forecast$12.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+61.0%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.88) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-149,550,000.00 Net Margins-10.03% Pretax Margin-10.02% Return on Equity-68.85% Return on Assets-22.04% Debt Debt-to-Equity Ratio0.76 Current Ratio1.70 Quick Ratio1.70 Sales & Book Value Annual Sales$1.43 billion Price / Sales0.87 Cash FlowN/A Price / Cash FlowN/A Book Value$1.28 per share Price / Book5.16Miscellaneous Outstanding Shares188,400,000Free Float176,535,000Market Cap$1.24 billion OptionableNot Optionable Beta1.62 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for October 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. John E. Kao (Age 61)Founder, Pres, CEO & Director Comp: $1.63MMr. Robert Thomas Freeman (Age 33)Chief Financial Officer Comp: $948.74kDr. Dinesh M. Kumar M.D. (Age 54)Chief Medical & Operating Officer Comp: $1.08MMs. Dawn Christine Maroney (Age 55)Pres of Health Markets & CEO of Health Plan Comp: $1.12MDr. Donald S. Furman M.B.A. (Age 72)M.D., Co-Founder & Chief Clinical Officer Ms. Charlotte LeBlancChief Accounting Officer and Sr. VPMr. Hakan Kardes (Age 36)Chief Technology & Experience Officer Mr. Robert L. Scavo (Age 58)Chief Information Officer & Sr. VP of Provider Reimbursement Mr. Christopher J. Joyce (Age 59)Chief Legal & Admin. Officer Ms. Amanda RootVP of Corp. CommunicationsMore ExecutivesKey CompetitorsClover Health InvestmentsNASDAQ:CLOVRevance TherapeuticsNASDAQ:RVNCDay One BiopharmaceuticalsNASDAQ:DAWNSage TherapeuticsNASDAQ:SAGEAurinia PharmaceuticalsNASDAQ:AUPHView All CompetitorsInsiders & InstitutionsChristopher J JoyceSold 15,474 sharesTotal: $80,464.80 ($5.20/share)California State Teachers Retirement SystemBought 8,350 shares on 8/21/2023Ownership: 0.063%XTX Topco LtdBought 18,840 shares on 8/15/2023Ownership: 0.034%Y Intercept Hong Kong LtdBought 7,237 shares on 8/15/2023Ownership: 0.014%Bayesian Capital Management LPBought 13,917 shares on 8/15/2023Ownership: 0.007%View All Insider TransactionsView All Institutional Transactions ALHC Stock - Frequently Asked Questions Should I buy or sell Alignment Healthcare stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alignment Healthcare in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" ALHC shares. View ALHC analyst ratings or view top-rated stocks. What is Alignment Healthcare's stock price forecast for 2023? 6 brokers have issued 12-month price targets for Alignment Healthcare's shares. Their ALHC share price forecasts range from $8.00 to $12.00. On average, they expect the company's share price to reach $10.63 in the next twelve months. This suggests a possible upside of 61.0% 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 43.9% and is now trading at $6.60. View the best growth stocks for 2023 here. When is Alignment Healthcare's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023. View our ALHC earnings forecast. How were Alignment Healthcare's earnings last quarter? Alignment Healthcare, Inc. (NASDAQ:ALHC) announced its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.15) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.21) by $0.06. The business had revenue of $462.38 million for the quarter, compared to analysts' expectations of $436.88 million. Alignment Healthcare had a negative net margin of 10.03% and a negative trailing twelve-month return on equity of 68.85%. What guidance has Alignment Healthcare issued on next quarter's earnings? Alignment Healthcare updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $440.00 million-$445.00 million, compared to the consensus revenue estimate of $428.29 million. When did Alignment Healthcare IPO? (ALHC) raised $490 million in an initial public offering 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 BlackRock Inc. (3.45%), Brown Advisory Inc. (2.01%), State Street Corp (1.08%), Geode Capital Management LLC (0.94%), William Blair Investment Management LLC (0.73%) and Renaissance Technologies LLC (0.55%). Insiders that own company stock include Atlantic (Aln Hlth) L General, Christopher J Joyce, 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 $6.60. How much money does Alignment Healthcare make? Alignment Healthcare (NASDAQ:ALHC) has a market capitalization of $1.24 billion and generates $1.43 billion in revenue each year. The company earns $-149,550,000.00 in net income (profit) each year or ($0.88) 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 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Alignment Healthcare, Inc. 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