Cotiviti Holdings, Inc. is a provider of analytics-driven payment accuracy solutions. The Company focuses primarily on the healthcare sector. The Company operates through two segments: Healthcare, and Global Retail and Other. Through its Healthcare segment, the Company offers prospective and retrospective claims accuracy solutions to healthcare payers in the United States. The Company also provides analytics-based solutions unrelated to its healthcare payment accuracy solutions in the United States. Through its Global Retail and Other segment, the Company provides retrospective claims accuracy solutions to retailers primarily in the United States, Canada and the United Kingdom, as well as solutions that manage payment networks for a range of clients. The Company leverages its technology platform, configurable analytics, information assets and expertise in healthcare reimbursement to help its clients develop their claims payment accuracy.
Industry, Sector and Symbol:
- Sector: Healthcare
- Industry: Medical Software & Technology Services
- Sub-Industry: N/A
- Symbol: NASDAQ:COTV
- CUSIP: N/A
- Web: www.cotiviti.com/
- Market Cap: $3.33 billion
- Outstanding Shares: 92,168,000
- 50 Day Moving Avg: $39.70
- 200 Day Moving Avg: $38.84
- 52 Week Range: $27.68 - $45.97
Sales & Book Value:
- Trailing P/E Ratio: 44.46
- Foreward P/E Ratio: 21.39
- P/E Growth: 1.90
- Annual Revenue: $651.9 million
- Price / Sales: 5.11
- Book Value: $10.88 per share
- Price / Book: 3.32
- EBIDTA: $222.12 million
- Net Margins: 12.58%
- Return on Equity: 8.55%
- Return on Assets: 4.19%
- Average Volume: 452,180 shs.
- Short Ratio: 4.19
Frequently Asked Questions for Cotiviti Holdings (NASDAQ:COTV)
What is Cotiviti Holdings' stock symbol?
Cotiviti Holdings trades on the NASDAQ under the ticker symbol "COTV."
How were Cotiviti Holdings' earnings last quarter?
Cotiviti Holdings Inc (NASDAQ:COTV) issued its quarterly earnings results on Tuesday, August, 1st. The company reported $0.36 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.34 by $0.02. The company earned $167.60 million during the quarter, compared to the consensus estimate of $167.47 million. Cotiviti Holdings had a net margin of 12.58% and a return on equity of 8.55%. Cotiviti Holdings's revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.37 EPS. View Cotiviti Holdings' Earnings History.
When will Cotiviti Holdings make its next earnings announcement?
Where is Cotiviti Holdings' stock going? Where will Cotiviti Holdings' stock price be in 2017?
8 equities research analysts have issued 1-year price objectives for Cotiviti Holdings' shares. Their predictions range from $35.00 to $48.00. On average, they expect Cotiviti Holdings' stock price to reach $41.20 in the next twelve months. View Analyst Ratings for Cotiviti Holdings.
Who are some of Cotiviti Holdings' key competitors?
Some companies that are related to Cotiviti Holdings include athenahealth (ATHN), HealthEquity (HQY), Allscripts Healthcare Solutions (MDRX), Omnicell (OMCL), Evolent Health (EVH), Emis Group Plc (EMIS), Castlight Health, inc. (CSLT), NantHealth (NH), Craneware plc (CRW), Tabula Rasa Healthcare (TRHC), Simulations Plus (SLP), Fluidigm Corporation (FLDM), Medical Transcription Billing, Corp. (MTBC), Constellation Healthcare Tech (CHT) and Press Ganey Holdings (PGND).
Who are Cotiviti Holdings' key executives?
Cotiviti Holdings' management team includes the folowing people:
- David L. Swift, Independent Chairman of the Board
- J. Douglas Williams, Chief Executive Officer, Director
- Steve Senneff, Chief Financial Officer, Senior Vice President
- David Beaulieu, Chief Operating Officer, Senior Vice President
- Damien Creavin, Senior Vice President, Chief Information Officer
- Jonathan Olefson, Senior Vice President, General Counsel, Secretary
- Elizabeth Connolly Alexander, Director
- John L. Maldonado, Director
- Mala Anand, Independent Director
- Kenneth R. Goulet, Independent Director
When did Cotiviti Holdings IPO?
(COTV) raised $225 million in an initial public offering (IPO) on Thursday, May 26th 2016. The company issued 12,500,000 shares at a price of $17.00-$19.00 per share. Goldman Sachs and J.P. Morgan served as the underwriters for the IPO and Barclays, Citigroup, Credit Suisse, Morgan Stanley, RBC Capital Markets, SunTrust Robinson Humphrey, Baird and William Blair were co-managers.
Who owns Cotiviti Holdings stock?
Cotiviti Holdings' stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (2.89%), Vanguard Group Inc. (2.72%), Capital World Investors (2.53%), JPMorgan Chase & Co. (2.16%), Eagle Asset Management Inc. (2.07%) and Vaughan Nelson Investment Management L.P. (1.29%). Company insiders that own Cotiviti Holdings stock include Douglas Present, Elizabeth Connolly Alexander, International Corp/Ma Advent, J Douglas Williams, James E Parisi, Jonathan Olefson and Lawrence Connolly. View Institutional Ownership Trends for Cotiviti Holdings.
Who sold Cotiviti Holdings stock? Who is selling Cotiviti Holdings stock?
Cotiviti Holdings' stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Citadel Advisors LLC, Fred Alger Management Inc., Canada Pension Plan Investment Board, Vaughan Nelson Investment Management L.P., AHL Partners LLP, GW&K Investment Management LLC and Blair William & Co. IL. Company insiders that have sold Cotiviti Holdings stock in the last year include Douglas Present, Elizabeth Connolly Alexander, International Corp/Ma Advent, J Douglas Williams, Jonathan Olefson and Lawrence Connolly. View Insider Buying and Selling for Cotiviti Holdings.
Who bought Cotiviti Holdings stock? Who is buying Cotiviti Holdings stock?
Cotiviti Holdings' stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., JPMorgan Chase & Co., Arrowstreet Capital Limited Partnership, Koch Industries Inc., State Street Corp, Wells Fargo & Company MN and Eagle Asset Management Inc.. View Insider Buying and Selling for Cotiviti Holdings.
How do I buy Cotiviti Holdings stock?
Shares of Cotiviti Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Cotiviti Holdings' stock price today?
MarketBeat Community Rating for Cotiviti Holdings (NASDAQ COTV)MarketBeat's community ratings are surveys of what our community members think about Cotiviti Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Cotiviti Holdings stock can currently be purchased for approximately $36.15.
Consensus Ratings for Cotiviti Holdings (NASDAQ:COTV) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 5 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.63)|
|Consensus Price Target: ||$41.20 (13.97% upside)|
Analysts' Ratings History for Cotiviti Holdings (NASDAQ:COTV)
(Data available from 8/16/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/4/2017||Leerink Swann||Initiated Coverage||Outperform||$48.00||Medium|
|5/4/2017||Jefferies Group LLC||Lower Price Target||Hold||$45.00 -> $41.00||Low|
|3/10/2017||Barclays PLC||Boost Price Target||Overweight||$36.00 -> $40.00||Low|
|3/3/2017||Raymond James Financial, Inc.||Initiated Coverage||Mkt Perform||N/A|
|3/2/2017||Citigroup Inc.||Initiated Coverage||Market Perform||N/A|
|2/23/2017||William Blair||Reiterated Rating||Outperform||N/A|
|1/20/2017||Goldman Sachs Group, Inc. (The)||Downgrade||Buy -> Neutral||$35.00||N/A|
|10/28/2016||J P Morgan Chase & Co||Reiterated Rating||Overweight||N/A|
|10/11/2016||First Analysis||Initiated Coverage||Overweight||$42.00||N/A|
|8/11/2016||SunTrust Banks, Inc.||Set Price Target||Buy||$33.00||N/A|
|7/7/2016||Credit Suisse Group||Reiterated Rating||Buy||$25.00||N/A|
|6/20/2016||Morgan Stanley||Initiated Coverage||Equal -> Equal Weight||N/A|
|6/20/2016||Robert W. Baird||Initiated Coverage||Outperform||$24.00||N/A|
|6/20/2016||Royal Bank Of Canada||Initiated Coverage||Outperform||$25.00||N/A|
Earnings History for Cotiviti Holdings (NASDAQ:COTV)Earnings History by Quarter for Cotiviti Holdings (NASDAQ COTV)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$0.34||$0.36||$167.47 million||$167.60 million||View||Listen|
|2/22/2017||Q416||$0.34||$0.39||$161.40 million||$167.90 million||View||N/A|
|11/9/2016||Q316||$0.31||$0.24||$151.40 million||$156.20 million||View||Listen|
|8/9/2016||Q216||$0.30||$0.37||$146.68 million||$158.30 million||View||N/A|
Earnings Estimates for Cotiviti Holdings (NASDAQ:COTV)
2017 EPS Consensus Estimate: $1.09
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Cotiviti Holdings (NASDAQ:COTV)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Cotiviti Holdings (NASDAQ:COTV)Insider Trades by Quarter for Cotiviti Holdings (NASDAQ:COTV)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/10/2017||Elizabeth Connolly Alexander||Director||Sell||742,349||$37.00||$27,466,913.00|| |
|8/10/2017||International Corp/Ma Advent||Major Shareholder||Sell||9,257,651||$36.87||$341,329,592.37|| |
|7/26/2017||J Douglas Williams||CEO||Sell||16,728||$42.33||$708,096.24|| |
|7/14/2017||Jonathan Olefson||SVP||Sell||5,000||$43.00||$215,000.00|| |
|7/12/2017||J Douglas Williams||CEO||Sell||16,655||$40.76||$678,857.80|| |
|6/28/2017||J Douglas Williams||CEO||Sell||16,655||$38.19||$636,054.45|| |
|6/16/2017||J Douglas Williams||CEO||Sell||16,655||$37.73||$628,393.15|| |
|5/15/2017||Douglas Present||Director||Sell||14,252||$38.36||$546,706.72|| |
|4/17/2017||Douglas Present||Director||Sell||15,000||$41.29||$619,350.00|| |
|3/13/2017||International Corp/Ma Advent||Major Shareholder||Sell||8,011,580||$34.38||$275,438,120.40|| |
|3/13/2017||Lawrence Connolly||Director||Sell||966,174||$36.00||$34,782,264.00|| |
|2/24/2017||Jonathan Olefson||SVP||Sell||5,000||$41.00||$205,000.00|| |
|2/23/2017||Jonathan Olefson||SVP||Sell||5,000||$39.00||$195,000.00|| |
|2/9/2017||Jonathan Olefson||SVP||Sell||5,000||$36.00||$180,000.00|| |
|1/17/2017||Douglas Present||Director||Sell||50,000||$34.16||$1,708,000.00|| |
|12/9/2016||Jonathan Olefson||SVP||Sell||9,527||$34.85||$332,015.95|| |
|5/26/2016||James E Parisi||Director||Buy||5,000||$18.34||$91,700.00|| |
Headline Trends for Cotiviti Holdings (NASDAQ:COTV)
Latest Headlines for Cotiviti Holdings (NASDAQ:COTV)
|Financial Contrast: NantHealth (NH) versus Cotiviti Holdings (COTV)|
www.americanbankingnews.com - August 15 at 10:28 PM
|International Corp/Ma Advent Sells 9,257,651 Shares of Cotiviti Holdings Inc (COTV) Stock|
www.americanbankingnews.com - August 14 at 10:31 PM
|Cotiviti Holdings Inc (COTV) Director Elizabeth Connolly Alexander Sells 742,349 Shares|
www.americanbankingnews.com - August 14 at 10:30 PM
|Cotiviti to Attend the Morgan Stanley 2017 Global Healthcare Conference|
finance.yahoo.com - August 14 at 5:48 PM
|Corporate News Blog - Evolent Health Announces Pricing of Public Offering of Class A Common Stock|
finance.yahoo.com - August 11 at 5:55 PM
|Cotiviti to Present at the Baird Global Healthcare Conference|
finance.yahoo.com - August 11 at 5:55 PM
|Equities Analysts Issue Forecasts for Cotiviti Holdings Inc's Q2 2018 Earnings (NASDAQ:COTV)|
www.americanbankingnews.com - August 11 at 2:50 PM
|Cotiviti Holdings, Inc. (COTV) Prices 10M Share Secondary Offering at $37/Sh|
www.streetinsider.com - August 9 at 5:34 PM
|Cotiviti Holdings Inc (COTV) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - August 7 at 6:46 PM
|William Blair Comments on Cotiviti Holdings Inc's FY2017 Earnings (NASDAQ:COTV)|
www.americanbankingnews.com - August 7 at 8:09 AM
|Equities Analysts Offer Predictions for Cotiviti Holdings Inc's Q4 2017 Earnings (NASDAQ:COTV)|
www.americanbankingnews.com - August 7 at 7:22 AM
|Cotiviti Holdings, Inc. :COTV-US: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017|
finance.yahoo.com - August 4 at 5:41 PM
|Q3 2017 Earnings Forecast for Cotiviti Holdings Inc Issued By William Blair (NASDAQ:COTV)|
www.americanbankingnews.com - August 4 at 8:32 AM
|Cotiviti Holdings, Inc. breached its 50 day moving average in a Bearish Manner : COTV-US : August 3, 2017|
finance.yahoo.com - August 4 at 4:59 AM
|Edited Transcript of COTV earnings conference call or presentation 2-Aug-17 12:30pm GMT|
finance.yahoo.com - August 2 at 11:16 PM
|Investor Network: Cotiviti Holdings, Inc. to Host Earnings Call|
finance.yahoo.com - August 2 at 6:14 PM
|Cotiviti Holdings, Inc. (COTV) Announces CFO Steve Senneff is to Resign|
www.streetinsider.com - August 2 at 4:19 AM
|Cotiviti Holdings Inc (NASDAQ:COTV) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS|
www.americanbankingnews.com - August 1 at 9:30 PM
|Cotiviti Holdings, Inc. (COTV) Tops Q2 EPS by 4c|
www.streetinsider.com - August 1 at 6:10 PM
|Cotiviti Announces Second Quarter 2017 Results|
finance.yahoo.com - August 1 at 6:10 PM
|Cotiviti CFO Steve Senneff to Resign for New Career Opportunity|
finance.yahoo.com - August 1 at 6:10 PM
|Cotiviti Holdings Inc (COTV) Expected to Post Quarterly Sales of $167.33 Million|
www.americanbankingnews.com - August 1 at 9:14 AM
|Financial Analysis: athenahealth (ATHN) vs. Cotiviti Holdings (COTV)|
www.americanbankingnews.com - July 30 at 10:24 AM
|Cotiviti Holdings Inc (NASDAQ:COTV) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - July 29 at 7:27 AM
|ETFs with exposure to Cotiviti Holdings, Inc. : July 28, 2017|
finance.yahoo.com - July 28 at 7:16 PM
|Insider Selling: Cotiviti Holdings Inc (NASDAQ:COTV) CEO Sells 16,728 Shares of Stock|
www.americanbankingnews.com - July 27 at 7:42 PM
|Cotiviti Holdings Inc (NASDAQ:COTV) Scheduled to Post Earnings on Tuesday|
www.americanbankingnews.com - July 25 at 7:52 AM
|ETFs with exposure to Cotiviti Holdings, Inc. : July 18, 2017|
finance.yahoo.com - July 18 at 6:56 PM
|Insider Selling: Cotiviti Holdings Inc (NASDAQ:COTV) SVP Sells 5,000 Shares of Stock|
www.americanbankingnews.com - July 17 at 7:15 PM
|Cotiviti Holdings Inc. (COTV) Has Risen To Another New High|
www.rttnews.com - July 17 at 5:49 PM
|J Douglas Williams Sells 16,655 Shares of Cotiviti Holdings Inc (COTV) Stock|
www.americanbankingnews.com - July 13 at 7:54 PM
|Cotiviti Announces Conference Call to Review Second Quarter 2017 Results|
finance.yahoo.com - July 13 at 6:38 PM
|Louisville startup to be bought for $70 million|
www.bizjournals.com - July 11 at 11:37 PM
|Cotiviti Holdings, Inc. – Value Analysis (NYSE:COTV) : July 11, 2017|
finance.yahoo.com - July 11 at 6:36 PM
|Cotiviti Holdings Inc (NASDAQ:COTV) Rating Lowered to Strong Sell at Zacks Investment Research|
www.americanbankingnews.com - July 10 at 5:26 PM
|UPDATE: Cotiviti Holdings, Inc. (COTV) Agrees to Acquire RowdMap Inc. for $70M in Cash|
www.streetinsider.com - July 10 at 5:24 PM
|Cotiviti Holdings, Inc. breached its 50 day moving average in a Bullish Manner : COTV-US : July 10, 2017|
finance.yahoo.com - July 10 at 5:24 PM
|Cotiviti Announces Agreement to Purchase RowdMap, Inc.|
finance.yahoo.com - July 10 at 5:24 PM
|ETFs with exposure to Cotiviti Holdings, Inc. : July 7, 2017|
finance.yahoo.com - July 8 at 9:57 AM
|Zacks: Brokerages Anticipate Cotiviti Holdings Inc (COTV) Will Announce Quarterly Sales of $167.33 Million|
www.americanbankingnews.com - July 7 at 11:16 AM
|One Of 2016's Best IPOs May Be Setting Up Again|
finance.yahoo.com - July 6 at 6:42 PM
|Zacks: Brokerages Anticipate Cotiviti Holdings Inc (COTV) Will Post Earnings of $0.32 Per Share|
www.americanbankingnews.com - July 5 at 10:16 PM
|Cotiviti Holdings Inc (COTV) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - July 4 at 10:02 AM
|Financial Survey: Medical Transcription Billing, Corp. (MTBC) & Cotiviti Holdings (COTV)|
www.americanbankingnews.com - July 3 at 9:00 AM
|Contrasting Veeva Systems (VEEV) and Cotiviti Holdings (COTV)|
www.americanbankingnews.com - June 18 at 8:19 AM
|Insider Selling: Cotiviti Holdings Inc (COTV) CEO Sells 16,655 Shares of Stock|
www.americanbankingnews.com - June 17 at 7:24 AM
|Zacks: Analysts Anticipate Cotiviti Holdings Inc (COTV) Will Announce Quarterly Sales of $167.33 Million|
www.americanbankingnews.com - June 11 at 7:46 AM
|Reviewing Cotiviti Holdings (COTV) and Fluidigm (FLDM)|
www.americanbankingnews.com - June 10 at 10:10 AM
|$0.32 Earnings Per Share Expected for Cotiviti Holdings Inc (COTV) This Quarter|
www.americanbankingnews.com - June 10 at 12:30 AM
|Cotiviti Holdings Inc (COTV) Receives Average Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - June 9 at 11:23 AM
Cotiviti Holdings (COTV) Chart for Wednesday, August, 16, 2017