Cotiviti Holdings Company Profile (NASDAQ:COTV)

About Cotiviti Holdings (NASDAQ:COTV)

Cotiviti Holdings logoCotiviti 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/
Capitalization:
  • Market Cap: $3.33 billion
  • Outstanding Shares: 92,168,000
Average Prices:
  • 50 Day Moving Avg: $39.70
  • 200 Day Moving Avg: $38.84
  • 52 Week Range: $27.68 - $45.97
P/E:
  • Trailing P/E Ratio: 44.46
  • Foreward P/E Ratio: 21.39
  • P/E Growth: 1.90
Sales & Book Value:
  • Annual Revenue: $651.9 million
  • Price / Sales: 5.11
  • Book Value: $10.88 per share
  • Price / Book: 3.32
Profitability:
  • EBIDTA: $222.12 million
  • Net Margins: 12.58%
  • Return on Equity: 8.55%
  • Return on Assets: 4.19%
Misc:
  • 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?

Cotiviti Holdings is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for Cotiviti Holdings.

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?

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?

One share of Cotiviti Holdings stock can currently be purchased for approximately $36.15.


MarketBeat Community Rating for Cotiviti Holdings (NASDAQ COTV)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  92 (Vote Outperform)
Underperform Votes:  60 (Vote Underperform)
Total Votes:  152
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.

Analyst Ratings

Consensus Ratings for Cotiviti Holdings (NASDAQ:COTV) (How are Consensus Ratings Calculated?)
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)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/4/2017Leerink SwannInitiated CoverageOutperform$48.00MediumView Rating Details
5/4/2017Jefferies Group LLCLower Price TargetHold$45.00 -> $41.00LowView Rating Details
3/10/2017Barclays PLCBoost Price TargetOverweight$36.00 -> $40.00LowView Rating Details
3/3/2017Raymond James Financial, Inc.Initiated CoverageMkt PerformN/AView Rating Details
3/2/2017Citigroup Inc.Initiated CoverageMarket PerformN/AView Rating Details
2/23/2017William BlairReiterated RatingOutperformN/AView Rating Details
1/20/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$35.00N/AView Rating Details
10/28/2016J P Morgan Chase & CoReiterated RatingOverweightN/AView Rating Details
10/11/2016First AnalysisInitiated CoverageOverweight$42.00N/AView Rating Details
8/11/2016SunTrust Banks, Inc.Set Price TargetBuy$33.00N/AView Rating Details
7/7/2016Credit Suisse GroupReiterated RatingBuy$25.00N/AView Rating Details
6/20/2016Morgan StanleyInitiated CoverageEqual -> Equal WeightN/AView Rating Details
6/20/2016Robert W. BairdInitiated CoverageOutperform$24.00N/AView Rating Details
6/20/2016Royal Bank Of CanadaInitiated CoverageOutperform$25.00N/AView Rating Details
(Data available from 8/16/2015 forward)

Earnings

Earnings History for Cotiviti Holdings (NASDAQ:COTV)
Earnings by Quarter for Cotiviti Holdings (NASDAQ:COTV)
Earnings History by Quarter for Cotiviti Holdings (NASDAQ COTV)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/7/2017$0.38N/AView Earnings Details
8/1/2017Q2 2017$0.34$0.36$167.47 million$167.60 millionViewListenView Earnings Details
2/22/2017Q416$0.34$0.39$161.40 million$167.90 millionViewN/AView Earnings Details
11/9/2016Q316$0.31$0.24$151.40 million$156.20 millionViewListenView Earnings Details
8/9/2016Q216$0.30$0.37$146.68 million$158.30 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Cotiviti Holdings (NASDAQ:COTV)
2017 EPS Consensus Estimate: $1.09
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20172$0.32$0.32$0.32
Q3 20173$0.35$0.37$0.36
Q4 20173$0.40$0.42$0.41
Q1 20181$0.36$0.36$0.36
Q2 20181$0.39$0.39$0.39
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Cotiviti Holdings (NASDAQ:COTV)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Cotiviti Holdings (NASDAQ:COTV)
Insider Trades by Quarter for Cotiviti Holdings (NASDAQ:COTV)
Institutional Ownership by Quarter for Cotiviti Holdings (NASDAQ:COTV)
Insider Trades by Quarter for Cotiviti Holdings (NASDAQ:COTV)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/10/2017Elizabeth Connolly AlexanderDirectorSell742,349$37.00$27,466,913.00View SEC Filing  
8/10/2017International Corp/Ma AdventMajor ShareholderSell9,257,651$36.87$341,329,592.37View SEC Filing  
7/26/2017J Douglas WilliamsCEOSell16,728$42.33$708,096.24View SEC Filing  
7/14/2017Jonathan OlefsonSVPSell5,000$43.00$215,000.00View SEC Filing  
7/12/2017J Douglas WilliamsCEOSell16,655$40.76$678,857.80View SEC Filing  
6/28/2017J Douglas WilliamsCEOSell16,655$38.19$636,054.45View SEC Filing  
6/16/2017J Douglas WilliamsCEOSell16,655$37.73$628,393.15View SEC Filing  
5/15/2017Douglas PresentDirectorSell14,252$38.36$546,706.72View SEC Filing  
4/17/2017Douglas PresentDirectorSell15,000$41.29$619,350.00View SEC Filing  
3/13/2017International Corp/Ma AdventMajor ShareholderSell8,011,580$34.38$275,438,120.40View SEC Filing  
3/13/2017Lawrence ConnollyDirectorSell966,174$36.00$34,782,264.00View SEC Filing  
2/24/2017Jonathan OlefsonSVPSell5,000$41.00$205,000.00View SEC Filing  
2/23/2017Jonathan OlefsonSVPSell5,000$39.00$195,000.00View SEC Filing  
2/9/2017Jonathan OlefsonSVPSell5,000$36.00$180,000.00View SEC Filing  
1/17/2017Douglas PresentDirectorSell50,000$34.16$1,708,000.00View SEC Filing  
12/9/2016Jonathan OlefsonSVPSell9,527$34.85$332,015.95View SEC Filing  
5/26/2016James E ParisiDirectorBuy5,000$18.34$91,700.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Cotiviti Holdings (NASDAQ:COTV)
Latest Headlines for Cotiviti Holdings (NASDAQ:COTV)
Source:
DateHeadline
americanbankingnews.com logoFinancial Contrast: NantHealth (NH) versus Cotiviti Holdings (COTV)
www.americanbankingnews.com - August 15 at 10:28 PM
americanbankingnews.com logoInternational Corp/Ma Advent Sells 9,257,651 Shares of Cotiviti Holdings Inc (COTV) Stock
www.americanbankingnews.com - August 14 at 10:31 PM
americanbankingnews.com logoCotiviti Holdings Inc (COTV) Director Elizabeth Connolly Alexander Sells 742,349 Shares
www.americanbankingnews.com - August 14 at 10:30 PM
finance.yahoo.com logoCotiviti to Attend the Morgan Stanley 2017 Global Healthcare Conference
finance.yahoo.com - August 14 at 5:48 PM
finance.yahoo.com logoCorporate News Blog - Evolent Health Announces Pricing of Public Offering of Class A Common Stock
finance.yahoo.com - August 11 at 5:55 PM
finance.yahoo.com logoCotiviti to Present at the Baird Global Healthcare Conference
finance.yahoo.com - August 11 at 5:55 PM
americanbankingnews.com logoEquities Analysts Issue Forecasts for Cotiviti Holdings Inc's Q2 2018 Earnings (NASDAQ:COTV)
www.americanbankingnews.com - August 11 at 2:50 PM
streetinsider.com logoCotiviti Holdings, Inc. (COTV) Prices 10M Share Secondary Offering at $37/Sh
www.streetinsider.com - August 9 at 5:34 PM
americanbankingnews.com logoCotiviti Holdings Inc (COTV) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - August 7 at 6:46 PM
americanbankingnews.com logoWilliam Blair Comments on Cotiviti Holdings Inc's FY2017 Earnings (NASDAQ:COTV)
www.americanbankingnews.com - August 7 at 8:09 AM
americanbankingnews.com logoEquities Analysts Offer Predictions for Cotiviti Holdings Inc's Q4 2017 Earnings (NASDAQ:COTV)
www.americanbankingnews.com - August 7 at 7:22 AM
finance.yahoo.com logoCotiviti Holdings, Inc. :COTV-US: Earnings Analysis: Q2, 2017 By the Numbers : August 4, 2017
finance.yahoo.com - August 4 at 5:41 PM
americanbankingnews.com logoQ3 2017 Earnings Forecast for Cotiviti Holdings Inc Issued By William Blair (NASDAQ:COTV)
www.americanbankingnews.com - August 4 at 8:32 AM
finance.yahoo.com logoCotiviti 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
finance.yahoo.com logoEdited Transcript of COTV earnings conference call or presentation 2-Aug-17 12:30pm GMT
finance.yahoo.com - August 2 at 11:16 PM
finance.yahoo.com logoInvestor Network: Cotiviti Holdings, Inc. to Host Earnings Call
finance.yahoo.com - August 2 at 6:14 PM
streetinsider.com logoCotiviti Holdings, Inc. (COTV) Announces CFO Steve Senneff is to Resign
www.streetinsider.com - August 2 at 4:19 AM
americanbankingnews.com logoCotiviti Holdings Inc (NASDAQ:COTV) Announces Quarterly Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - August 1 at 9:30 PM
streetinsider.com logoCotiviti Holdings, Inc. (COTV) Tops Q2 EPS by 4c
www.streetinsider.com - August 1 at 6:10 PM
finance.yahoo.com logoCotiviti Announces Second Quarter 2017 Results
finance.yahoo.com - August 1 at 6:10 PM
finance.yahoo.com logoCotiviti CFO Steve Senneff to Resign for New Career Opportunity
finance.yahoo.com - August 1 at 6:10 PM
americanbankingnews.com logoCotiviti Holdings Inc (COTV) Expected to Post Quarterly Sales of $167.33 Million
www.americanbankingnews.com - August 1 at 9:14 AM
americanbankingnews.com logoFinancial Analysis: athenahealth (ATHN) vs. Cotiviti Holdings (COTV)
www.americanbankingnews.com - July 30 at 10:24 AM
americanbankingnews.com logoCotiviti Holdings Inc (NASDAQ:COTV) Receives Consensus Rating of "Buy" from Analysts
www.americanbankingnews.com - July 29 at 7:27 AM
finance.yahoo.com logoETFs with exposure to Cotiviti Holdings, Inc. : July 28, 2017
finance.yahoo.com - July 28 at 7:16 PM
americanbankingnews.com logoInsider Selling: Cotiviti Holdings Inc (NASDAQ:COTV) CEO Sells 16,728 Shares of Stock
www.americanbankingnews.com - July 27 at 7:42 PM
americanbankingnews.com logoCotiviti Holdings Inc (NASDAQ:COTV) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - July 25 at 7:52 AM
finance.yahoo.com logoETFs with exposure to Cotiviti Holdings, Inc. : July 18, 2017
finance.yahoo.com - July 18 at 6:56 PM
americanbankingnews.com logoInsider Selling: Cotiviti Holdings Inc (NASDAQ:COTV) SVP Sells 5,000 Shares of Stock
www.americanbankingnews.com - July 17 at 7:15 PM
rttnews.com logoCotiviti Holdings Inc. (COTV) Has Risen To Another New High
www.rttnews.com - July 17 at 5:49 PM
americanbankingnews.com logoJ Douglas Williams Sells 16,655 Shares of Cotiviti Holdings Inc (COTV) Stock
www.americanbankingnews.com - July 13 at 7:54 PM
finance.yahoo.com logoCotiviti Announces Conference Call to Review Second Quarter 2017 Results
finance.yahoo.com - July 13 at 6:38 PM
bizjournals.com logoLouisville startup to be bought for $70 million
www.bizjournals.com - July 11 at 11:37 PM
finance.yahoo.com logoCotiviti Holdings, Inc. – Value Analysis (NYSE:COTV) : July 11, 2017
finance.yahoo.com - July 11 at 6:36 PM
americanbankingnews.com logoCotiviti Holdings Inc (NASDAQ:COTV) Rating Lowered to Strong Sell at Zacks Investment Research
www.americanbankingnews.com - July 10 at 5:26 PM
streetinsider.com logoUPDATE: Cotiviti Holdings, Inc. (COTV) Agrees to Acquire RowdMap Inc. for $70M in Cash
www.streetinsider.com - July 10 at 5:24 PM
finance.yahoo.com logoCotiviti 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
finance.yahoo.com logoCotiviti Announces Agreement to Purchase RowdMap, Inc.
finance.yahoo.com - July 10 at 5:24 PM
finance.yahoo.com logoETFs with exposure to Cotiviti Holdings, Inc. : July 7, 2017
finance.yahoo.com - July 8 at 9:57 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Cotiviti Holdings Inc (COTV) Will Announce Quarterly Sales of $167.33 Million
www.americanbankingnews.com - July 7 at 11:16 AM
finance.yahoo.com logoOne Of 2016's Best IPOs May Be Setting Up Again
finance.yahoo.com - July 6 at 6:42 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Cotiviti Holdings Inc (COTV) Will Post Earnings of $0.32 Per Share
www.americanbankingnews.com - July 5 at 10:16 PM
americanbankingnews.com logoCotiviti Holdings Inc (COTV) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - July 4 at 10:02 AM
americanbankingnews.com logoFinancial Survey: Medical Transcription Billing, Corp. (MTBC) & Cotiviti Holdings (COTV)
www.americanbankingnews.com - July 3 at 9:00 AM
americanbankingnews.com logoContrasting Veeva Systems (VEEV) and Cotiviti Holdings (COTV)
www.americanbankingnews.com - June 18 at 8:19 AM
americanbankingnews.com logoInsider Selling: Cotiviti Holdings Inc (COTV) CEO Sells 16,655 Shares of Stock
www.americanbankingnews.com - June 17 at 7:24 AM
americanbankingnews.com logoZacks: Analysts Anticipate Cotiviti Holdings Inc (COTV) Will Announce Quarterly Sales of $167.33 Million
www.americanbankingnews.com - June 11 at 7:46 AM
americanbankingnews.com logoReviewing Cotiviti Holdings (COTV) and Fluidigm (FLDM)
www.americanbankingnews.com - June 10 at 10:10 AM
americanbankingnews.com logo$0.32 Earnings Per Share Expected for Cotiviti Holdings Inc (COTV) This Quarter
www.americanbankingnews.com - June 10 at 12:30 AM
americanbankingnews.com logoCotiviti Holdings Inc (COTV) Receives Average Recommendation of "Buy" from Analysts
www.americanbankingnews.com - June 9 at 11:23 AM

Social

Chart

Cotiviti Holdings (COTV) Chart for Wednesday, August, 16, 2017

This page was last updated on 8/16/2017 by MarketBeat.com Staff