NASDAQ:ALHC Alignment Healthcare (ALHC) Stock Forecast, Price & News $6.16 -0.19 (-2.99%) (As of 05/26/2023 04:00 PM ET) Add Compare Share Share Today's Range$6.13▼$6.3550-Day Range$5.12▼$7.6452-Week Range$4.88▼$19.17Volume572,000 shsAverage Volume997,077 shsMarket Capitalization$1.16 billionP/E RatioN/ADividend YieldN/APrice Target$13.55 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Alignment Healthcare MarketRank™ ForecastAnalyst RatingModerate Buy2.78 Rating ScoreUpside/Downside119.9% Upside$13.55 Price TargetShort InterestBearish5.92% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.13Based on 6 Articles This WeekInsider TradingBalancedInsiders Both Buying and SellingProj. Earnings GrowthGrowingFrom ($0.80) to ($0.59) 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.2.04 out of 5 starsMedical Sector618th out of 1,010 stocksHospital & Medical Service Plans Industry10th out of 11 stocks 3.4 Analyst's Opinion Consensus RatingAlignment Healthcare has received a consensus rating of Buy. The company's average rating score is 2.78, and is based on 7 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.55, Alignment Healthcare has a forecasted upside of 119.9% from its current price of $6.16.Amount of Analyst CoverageAlignment Healthcare has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.92% 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 4.6.Change versus previous monthShort interest in Alignment Healthcare has recently increased by 24.17%, indicating that investor sentiment is decreasing significantly. 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 3.4 News and Social Media Coverage News SentimentAlignment Healthcare has a news sentiment score of 1.13. 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 0.77 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Alignment Healthcare this week, compared to 3 articles on an average week.Search Interest3 people have searched for ALHC on MarketBeat in the last 30 days. This is an increase of 200% 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 just slightly more of their company's stock than they have bought. Specifically, they have bought $662,000.00 in company stock and sold $751,758.00 in company stock. It is common for insiders to sell company stock at intervals simply to diversify their holdings.Percentage Held by InsidersOnly 6.30% of the stock of Alignment Healthcare is held by insiders.Percentage Held by Institutions83.49% 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 ($0.80) to ($0.59) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Alignment Healthcare is -7.80, 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 -7.80, 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 4.81. 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, 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.Read More 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 Stock News HeadlinesMay 29, 2023 | americanbankingnews.comAlignment Healthcare, Inc. (NASDAQ:ALHC) Sees Significant Growth in Short InterestMay 24, 2023 | finance.yahoo.comAlignment Healthcare to Participate in the William Blair 43rd Annual Growth Stock Conference and Goldman Sachs 44th Annual Global Healthcare ConferenceMay 29, 2023 | MarketBeat Internal (Ad)Save $200 on MarketBeat All AccessMarketBeat All Access is the premier all-in-one stock research solution that helps you identify the best stocks, monitor your portfolio, and keep track of the market. You get our top stock picks, best-in-class research tools, real-time alerts, proprietary research reports and much more. Claim your $200 account credit and free 30-day trial subscription today.May 15, 2023 | seekingalpha.comAlignment Healthcare: An Attractive Entry Point After A Price Drop (Rating Upgrade)May 15, 2023 | americanbankingnews.comBrokerages Set Alignment Healthcare, Inc. (NASDAQ:ALHC) Price Target at $13.58May 8, 2023 | americanbankingnews.comUBS Group Cuts Alignment Healthcare (NASDAQ:ALHC) Price Target to $8.00May 6, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) Price Target Lowered to $12.00 at SVB SecuritiesMay 5, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) Sees Strong Trading VolumeMay 29, 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.May 4, 2023 | msn.comAlignment Healthcare: Q1 Earnings InsightsMay 4, 2023 | finance.yahoo.comAlignment Healthcare Reports Strong First Quarter 2023 Results; Exceeds Outlook Across All Four Critical KPIsMay 3, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) Shares Gap Up to $6.29May 2, 2023 | americanbankingnews.comAlignment Healthcare (ALHC) Scheduled to Post Earnings on ThursdayMay 2, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) Upgraded to "Outperform" at Raymond JamesMay 1, 2023 | msn.comRaymond James Upgrades Alignment Healthcare (ALHC)May 1, 2023 | msn.comAlignment Healthcare gains as Raymond James upgrades on valuationApril 26, 2023 | finance.yahoo.comAlignment Healthcare to Participate in the BofA Securities 2023 Health Care ConferenceApril 25, 2023 | finance.yahoo.comAlignment Health CEO to Share Insights on Digital Health, Whole-Person Care at 2023 Milken Institute Global ConferenceApril 22, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) PT Lowered to $12.00 at The Goldman Sachs GroupApril 21, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) Sets New 1-Year Low Following Analyst DowngradeApril 20, 2023 | americanbankingnews.comAlignment Healthcare, Inc. (NASDAQ:ALHC) Given Consensus Rating of "Moderate Buy" by AnalystsApril 19, 2023 | msn.comGoldman Sachs Maintains Alignment Healthcare (ALHC) Buy RecommendationApril 19, 2023 | markets.businessinsider.com5 Analysts Have This to Say About Alignment HealthcareApril 18, 2023 | finance.yahoo.comPotential Upside For Alignment Healthcare, Inc. (NASDAQ:ALHC) Not Without RiskApril 14, 2023 | finance.yahoo.comAlignment Healthcare to Announce First Quarter 2023 Financial Results and Host Conference Call Thursday, May 4, 2023April 14, 2023 | americanbankingnews.comAlignment Healthcare (NASDAQ:ALHC) Trading Down 6.9%April 13, 2023 | msn.comUnusual Call Option Trade in Alignment Healthcare (ALHC) Worth $84.80KSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings2/28/2023Today5/29/2023Next Earnings (Estimated)8/03/2023Fiscal 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$13.55 High Stock Price Forecast$21.00 Low Stock Price Forecast$8.00 Forecasted Upside/Downside+120.5%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)($0.79) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-149,550,000.00 Net Margins-9.56% Pretax Margin-9.55% Return on Equity-56.76% Return on Assets-20.57% Debt Debt-to-Equity Ratio0.72 Current Ratio1.79 Quick Ratio1.79 Sales & Book Value Annual Sales$1.43 billion Price / Sales0.81 Cash FlowN/A Price / Cash FlowN/A Book Value$1.28 per share Price / Book4.81Miscellaneous Outstanding Shares188,380,000Free Float176,514,000Market Cap$1.16 billion OptionableNot Optionable Beta1.68 Key ExecutivesMr. John E. Kao (Age 61)Pres, CEO & Director Comp: $1.59MMr. Robert Thomas Freeman (Age 33)Chief Financial Officer Comp: $858.22kDr. Dinesh M. Kumar M.D. (Age 54)Chief Medical & Operating Officer Comp: $869.58kMs. Dawn Christine Maroney (Age 55)Pres of Markets and CEO of Health Plan Comp: $1.04MMs. Charlotte LeBlancChief Accounting Officer and Sr. VPMr. Hakan KardesChief Technology OfficerMr. Rob ScavoChief Information OfficerMr. Richard A. CrossSr. VP & Gen. CounselMs. Amanda RootVP of Corp. CommunicationsMs. Supriya SoodChief People OfficerMore ExecutivesKey CompetitorsClover Health InvestmentsNASDAQ:CLOVMannKindNASDAQ:MNKD89bioNASDAQ:ETNBSilk Road MedicalNASDAQ:SILKIDEAYA BiosciencesNASDAQ:IDYAView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 27,078 shares on 5/18/2023Ownership: 0.102%New York State Common Retirement FundSold 16,836 shares on 5/18/2023Ownership: 0.024%Susquehanna International Group LLPSold 48,602 shares on 5/16/2023Ownership: 0.025%Mercer Global Advisors Inc. ADVSold 10,000 shares on 5/16/2023Ownership: 0.009%AQR Capital Management LLCBought 14,845 shares on 5/16/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions ALHC Stock - Frequently Asked Questions Should I buy or sell Alignment Healthcare stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alignment Healthcare in the last twelve months. There are currently 2 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research 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 brokers 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 year. This suggests a possible upside of 119.9% 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 on January 1st, 2023. Since then, ALHC stock has decreased by 47.6% and is now trading at $6.16. View the best growth stocks for 2023 here. Are investors shorting Alignment Healthcare? Alignment Healthcare saw a increase in short interest during the month of 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 daily volume of 1,210,000 shares, the short-interest ratio is currently 4.6 days. Currently, 5.9% of the shares of the stock are sold short. 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) announced its quarterly earnings data on Tuesday, February, 28th. The company reported ($0.31) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.30) by $0.01. The business had revenue of $361.81 million for the quarter, compared to analysts' expectations of $341 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? ETFs with the largest weight of Alignment Healthcare (NASDAQ:ALHC) stock in their portfolio include SPDR S&P Health Care Services ETF (XHS), Inspire Small/Mid Cap ETF (ISMD), First Trust Small Cap Growth AlphaDEX Fund (FYC), iShares U.S. Healthcare Providers ETF (IHF) and Fidelity Blue Chip Growth ETF (FBCG).Fidelity Growth Opportunities ETF (FGRO), 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 (EPS) 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 initial public offering (IPO) on Friday, March 26th 2021. The company issued 27,200,000 shares at a price of $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 a variety of institutional and retail 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 $6.16. How much money does Alignment Healthcare make? Alignment Healthcare (NASDAQ:ALHC) has a market capitalization of $1.16 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 5/29/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. 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