Magellan Health Services Company Profile (NASDAQ:MGLN)

About Magellan Health Services

Magellan Health Services logoMagellan Health, Inc. is engaged in the healthcare management business. The Company's segments include Healthcare, Pharmacy Management and Corporate. It is focused on managing special populations, complete pharmacy benefits and other specialty areas of healthcare. Its Healthcare includes its management of behavioral healthcare services and employee assistance program (EAP) services, management of other specialty areas, including diagnostic imaging and musculoskeletal management, and the integrated management of physical, behavioral and pharmaceutical healthcare for special populations, delivered through Magellan Complete Care (MCC). Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists primarily of operational support functions. It provides services to health plans and other managed care organizations (MCOs).

Industry, Sector and Symbol:
  • Sector: Medical
  • Industry: Health Care Plans
  • Sub-Industry: Managed Health Care
  • Exchange: NASDAQ
  • Symbol: MGLN
  • CUSIP: 55907920
Key Metrics:
  • Previous Close: $54.19
  • 50 Day Moving Average: $56.08
  • 200 Day Moving Average: $64.35
  • 52-Week Range: $45.40 - $72.31
  • Trailing P/E Ratio: 36.86
  • Foreward P/E Ratio: 16.67
  • P/E Growth: -17.50
  • Market Cap: $1.33B
  • Outstanding Shares: 24,581,000
  • Beta: 0.48
Profitability:
  • Net Margins: 0.77%
  • Return on Equity: 6.33%
  • Return on Assets: 3.22%
Debt:
  • Debt-to-Equity Ratio: 0.39%
  • Current Ratio: 1.87%
  • Quick Ratio: 1.77%
Additional Links:
Companies Related to Magellan Health Services:

Analyst Ratings

Consensus Ratings for Magellan Health Services (NASDAQ:MGLN) (?)
Ratings Breakdown: 1 Sell Rating, 2 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $62.33 (15.03% upside)

Analysts' Ratings History for Magellan Health Services (NASDAQ:MGLN)
Show:
DateFirmActionRatingPrice TargetDetails
9/26/2016Jefferies GroupReiterated RatingBuy$86.00 -> $76.00View Rating Details
8/12/2016Leerink SwannReiterated RatingHoldView Rating Details
6/30/2016KeyCorpInitiated CoverageEqual WeightView Rating Details
6/1/2016Barclays PLCDowngradeEqual Weight -> Underweight$61.00View Rating Details
1/6/2015Deutsche Bank AGReiterated RatingBuy$70.00 -> $80.00View Rating Details
(Data available from 9/28/2014 forward)

Earnings

Earnings History for Magellan Health Services (NASDAQ:MGLN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2016        
7/29/2016Q216$0.62$0.58$1.15 billion$1.16 billionViewListenView Earnings Details
5/5/2016Q116$0.55$0.54$1.04 billion$1.12 billionViewN/AView Earnings Details
2/29/2016Q415$0.83$1.39$1.23 billion$1.27 billionViewListenView Earnings Details
10/27/2015Q315$0.49$0.76$1.19 billion$1.19 billionViewListenView Earnings Details
7/27/2015Q215$0.38$0.17$1.09 billion$1.16 billionViewListenView Earnings Details
4/30/2015Q115$0.38$0.73$1.02 billion$981.00 millionViewN/AView Earnings Details
2/26/2015Q414$0.51$1.32$980.37 million$982.50 millionViewListenView Earnings Details
10/24/2014Q314$0.47$1.30$930.10 million$823.20 millionViewListenView Earnings Details
7/25/2014Q214$0.56$0.39$863.10 million$888.00 millionViewListenView Earnings Details
4/29/2014Q114$0.75$0.92$1,000.00 million$966.50 millionViewListenView Earnings Details
3/3/2014Q413$0.83$0.67$990.55 million$1.01 millionViewN/AView Earnings Details
10/24/2013Q313$1.01$1.70$875.26 million$873.60 millionViewN/AView Earnings Details
7/25/2013Q2 2013$1.01$1.15$852.42 million$842.70 millionViewN/AView Earnings Details
4/30/2013Q1 2013$0.88$1.01$864.04 million$821.30 millionViewN/AView Earnings Details
2/28/2013Q4 2012$1.05$1.32$835.55 million$830.30 millionViewN/AView Earnings Details
10/26/2012Q312$0.96$1.12$845.16 million$798.40 millionViewN/AView Earnings Details
7/27/2012$0.91$0.97ViewN/AView Earnings Details
4/27/2012$0.90$0.75ViewN/AView Earnings Details
2/28/2012$0.77$1.05ViewN/AView Earnings Details
10/27/2011$0.84$1.03ViewN/AView Earnings Details
7/29/2011$0.86$1.07ViewN/AView Earnings Details
4/29/2011$0.79$1.02ViewN/AView Earnings Details
2/24/2011$0.91$0.95ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magellan Health Services (NASDAQ:MGLN)
Current Year EPS Consensus Estimate: $2.38 EPS
Next Year EPS Consensus Estimate: $3.25 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.43$0.52$0.48
Q2 20165$0.45$0.63$0.55
Q3 20163$0.57$0.81$0.70
Q4 20163$0.94$1.06$1.01
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Magellan Health Services (NASDAQ:MGLN)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Magellan Health Services (NASDAQ:MGLN)
Insider Ownership Percentage: 3.60%
Institutional Ownership Percentage: 93.53%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
7/12/2016Jeffrey N WestSVPBuy267$51.99$13,881.33View SEC Filing  
1/15/2016Jeffrey N WestSVPBuy105$52.41$5,503.05View SEC Filing  
7/15/2015Jeffrey N WestSVPBuy298$50.22$14,965.56View SEC Filing  
3/19/2015Daniel N GregoireGeneral CounselSell26,232$68.47$1,796,105.04View SEC Filing  
3/16/2015Daniel N GregoireGeneral CounselSell15,528$66.80$1,037,270.40View SEC Filing  
3/16/2015Jonathan N RubinCFOSell21,270$66.59$1,416,369.30View SEC Filing  
3/13/2015Daniel N GregoireGeneral CounselSell9,765$66.21$646,540.65View SEC Filing  
3/2/2015Daniel N GregoireGeneral CounselSell20,365$64.48$1,313,135.20View SEC Filing  
6/30/2014Daniel N GregoireGeneral CounselSell21,675$62.25$1,349,268.75View SEC Filing  
6/26/2014Jonathan N RubinCFOSell29,700$61.92$1,839,024.00View SEC Filing  
6/25/2014Jonathan N RubinCFOSell18,400$62.40$1,148,160.00View SEC Filing  
6/24/2014Jonathan N RubinCFOSell19,200$62.46$1,199,232.00View SEC Filing  
6/23/2014Jonathan N RubinCFOSell21,700$62.73$1,361,241.00View SEC Filing  
6/20/2014Jonathan N RubinCFOSell31,200$62.99$1,965,288.00View SEC Filing  
6/19/2014Jonathan N RubinCFOSell18,600$62.73$1,166,778.00View SEC Filing  
6/18/2014Jonathan N RubinCFOSell35,896$62.79$2,253,909.84View SEC Filing  
6/17/2014Jonathan N RubinCFOSell23,996$62.22$1,493,031.12View SEC Filing  
6/16/2014Jonathan N RubinCFOSell13,041$62.18$810,889.38View SEC Filing  
6/16/2014Tina BlasiCEOSell10,775$62.07$668,804.25View SEC Filing  
6/13/2014Tina BlasiCEOSell10,247$62.03$635,621.41View SEC Filing  
5/19/2014Barry SmithCEOBuy10,000$58.56$585,600.00View SEC Filing  
5/14/2014Robert LeblancDirectorBuy10,000$55.60$556,000.00View SEC Filing  
3/6/2014Tina BlasiCEOSell10,527$60.42$636,041.34View SEC Filing  
12/20/2013Daniel GregoireGeneral CounselSell10,631$58.00$616,598.00View SEC Filing  
12/3/2013Rene LererChairmanSell28,321$61.01$1,727,864.21View SEC Filing  
12/2/2013Rene LererChairmanSell36,000$61.30$2,206,800.00View SEC Filing  
11/26/2013Rene LererChairmanSell5,055$60.75$307,091.25View SEC Filing  
11/22/2013Rene LererChairmanSell14,700$60.67$891,849.00View SEC Filing  
11/18/2013Rene LererChairmanSell33,215$61.34$2,037,408.10View SEC Filing  
11/14/2013Rene LererDirectorSell52,541$59.99$3,151,934.59View SEC Filing  
11/12/2013Rene LererChairmanSell36,500$59.34$2,165,910.00View SEC Filing  
11/8/2013Rene LererChairmanSell15,200$59.62$906,224.00View SEC Filing  
11/6/2013Rene LererChairmanSell96,773$59.27$5,735,735.71View SEC Filing  
11/4/2013Rene LererChairmanSell62,900$59.01$3,711,729.00View SEC Filing  
10/24/2013Tina BlasiCEOSell12,331$62.00$764,522.00View SEC Filing  
7/11/2013Jonathan N RubinCFOSell24,500$57.53$1,409,485.00View SEC Filing  
7/9/2013Jonathan N RubinCFOSell27,950$57.92$1,618,864.00View SEC Filing  
7/8/2013Jonathan N RubinCFOSell6,150$57.05$350,857.50View SEC Filing  
6/19/2013Jonathan N RubinCFOSell1,600$57.06$91,296.00View SEC Filing  
6/3/2013Clapper Caskie LewisInsiderSell43,399$55.00$2,386,945.00View SEC Filing  
5/31/2013Clapper Caskie LewisInsiderSell14,002$55.00$770,110.00View SEC Filing  
10/5/2012Tina BlasiCEOSell3,000$52.06$156,180.00View SEC Filing  
10/3/2012Tina BlasiCEOSell1,955$52.03$101,718.65View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Magellan Health Services (NASDAQ:MGLN)
DateHeadline
streetinsider.com logoJefferies Cuts Price Target on Magellan Health (MGLN) to $76; Reiterates Buy (NASDAQ:MGLN)
www.streetinsider.com - September 27 at 10:44 AM
publicnow.com logoMagellan Health Announces Third Quarter 2016 Earnings Conference Call (NASDAQ:MGLN)
www.publicnow.com - September 22 at 5:52 PM
4-traders.com logoMagellan Health : Rx Management's Medicaid Trend Report Highlights Strategies for States to Improve Care, Lower Costs (NASDAQ:MGLN)
www.4-traders.com - September 22 at 10:54 AM
publicnow.com logoMagellan Rx Management's Medicaid Trend Report Highlights Strategies for States to Improve Care, Lower Costs (NASDAQ:MGLN)
www.publicnow.com - September 22 at 10:54 AM
finance.yahoo.com logoMagellan Rx Management’s 2016 Specialty Summit Sets Attendance Record; Brings Together Industry Experts to Discuss Complex Pharmacy Challenges (NASDAQ:MGLN)
finance.yahoo.com - September 7 at 6:19 PM
publicnow.com logoMagellan Rx Management's 2016 Specialty Summit Sets Attendance Record; Brings Together Industry Experts to Discuss Complex Pharmacy Challenges (NASDAQ:MGLN)
www.publicnow.com - September 7 at 6:19 PM
nasdaq.com logoMagellan Health Becomes Oversold (NASDAQ:MGLN)
www.nasdaq.com - September 3 at 10:34 AM
seekingalpha.com logoMagellan Health loses PBM customer representing almost 9% of revenue; shares off 3% (NASDAQ:MGLN)
seekingalpha.com - September 3 at 10:34 AM
thestreet.com logoMagellan Health Opens Toll-Free Number To Assist Individuals After Flooding In Louisiana (NASDAQ:MGLN)
www.thestreet.com - August 17 at 6:21 PM
finance.yahoo.com logoMagellan Health Collaborates with Bayer to Educate Members and Clinicians about Availability of Long-Acting Reversible Contraceptives (NASDAQ:MGLN)
finance.yahoo.com - August 16 at 6:18 PM
capitalcube.com logoETF’s with exposure to Magellan Health, Inc. : August 4, 2016 (NASDAQ:MGLN)
www.capitalcube.com - August 4 at 6:30 PM
capitalcube.com logoMagellan Health, Inc. :MGLN-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NASDAQ:MGLN)
www.capitalcube.com - August 3 at 6:31 PM
capitalcube.com logoMagellan Health, Inc. breached its 50 day moving average in a Bearish Manner : MGLN-US : August 2, 2016 (NASDAQ:MGLN)
www.capitalcube.com - August 2 at 10:58 AM
finance.yahoo.com logo6:36 am Magellan Health misses by $0.21, reports revs in-line; raises FY16 guidance (NASDAQ:MGLN)
finance.yahoo.com - July 30 at 6:36 AM
finance.yahoo.com logoEdited Transcript of MGLN earnings conference call or presentation 29-Jul-16 2:00pm GMT (NASDAQ:MGLN)
finance.yahoo.com - July 29 at 5:02 PM
finance.yahoo.com logoMagellan Health matches Street 2Q forecasts (NASDAQ:MGLN)
finance.yahoo.com - July 29 at 9:10 AM
4-traders.com logoMagellan Health Inc : half-yearly earnings release (NASDAQ:MGLN)
www.4-traders.com - July 28 at 9:24 AM
4-traders.com logoMagellan Health : Toll-Free Number Remains Open to Assist Individuals after Recent Shootings in Baton Rouge, La. (NASDAQ:MGLN)
www.4-traders.com - July 19 at 11:50 AM
biz.yahoo.com logoMAGELLAN HEALTH INC Files SEC form 8-K/A, Other Events (NASDAQ:MGLN)
biz.yahoo.com - July 18 at 9:35 AM
finance.yahoo.com logoMagellan Health Toll-Free Number Remains Open to Assist Individuals after Recent Shootings in Baton Rouge, La. (NASDAQ:MGLN)
finance.yahoo.com - July 17 at 8:56 PM
capitalcube.com logoMagellan Health, Inc. breached its 50 day moving average in a Bullish Manner : MGLN-US : July 11, 2016 (NASDAQ:MGLN)
www.capitalcube.com - July 11 at 9:14 AM
finance.yahoo.com logoMagellan Health Opens Toll-Free Number to Assist Individuals after Recent Shootings (NASDAQ:MGLN)
finance.yahoo.com - July 8 at 11:21 AM
News IconMagellan Health acquires Armed Forces Services Corp. (NASDAQ:MGLN)
www.businessinsurance.com - July 6 at 6:24 PM
finance.yahoo.com logoMagellan Health Completes Acquisition of Armed Forces Services Corporation (NASDAQ:MGLN)
finance.yahoo.com - July 5 at 7:00 AM
biz.yahoo.com logoMAGELLAN HEALTH INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements and (NASDAQ:MGLN)
biz.yahoo.com - July 1 at 4:09 PM
biz.yahoo.com logoMAGELLAN HEALTH INC Files SEC form 8-K, Entry into a Material Definitive Agreement (NASDAQ:MGLN)
biz.yahoo.com - June 28 at 6:02 AM
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Dean Foods, Dave & Buster's Entertainment, Magellan Health, Sanmina and Tallgrass Energy GP (NASDAQ:MGLN)
finance.yahoo.com - June 21 at 9:30 AM
finance.yahoo.com logoMagellan Health Announces Second Quarter 2016 Earnings Conference Call (NASDAQ:MGLN)
finance.yahoo.com - June 13 at 2:23 PM
finance.yahoo.com logoMagellan Health Opens Toll-Free Number to Assist Individuals after Mass Shooting at Orlando Night Club (NASDAQ:MGLN)
finance.yahoo.com - June 12 at 1:54 PM
finance.yahoo.com logoMagellan Health to Present at Barclays Select Series Pharmacy Benefit Management & Drug Pricing Symposium (NASDAQ:MGLN)
finance.yahoo.com - June 7 at 12:04 PM
finance.yahoo.com logoMagellan Health and Employees Raise Nearly $27,000 for Annual St. Louis American Heart Walk (NASDAQ:MGLN)
finance.yahoo.com - May 20 at 11:00 AM
finance.yahoo.com logoMagellan of Virginia and Astyra Selected to Receive Metropolitan Business League’s Trailblazer Partnership Award (NASDAQ:MGLN)
finance.yahoo.com - May 20 at 10:02 AM
biz.yahoo.com logoMAGELLAN HEALTH INC Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:MGLN)
biz.yahoo.com - May 19 at 2:11 PM
finance.yahoo.com logoCan Magellan Health (MGLN) Keep the Earnings Streak Alive This Quarter? (NASDAQ:MGLN)
finance.yahoo.com - May 19 at 8:47 AM
feeds.reuters.com logoBRIEF-Magellan Health Inc enters into share purchase agreement with Armed Forces Services Corp (NASDAQ:MGLN)
feeds.reuters.com - May 16 at 7:21 AM
finance.yahoo.com logoMagellan Health Opens Toll-Free Number to Assist Individuals after Storms Result in Damage, Loss of Life (NASDAQ:MGLN)
finance.yahoo.com - February 25 at 1:10 PM
finance.yahoo.com logoMagellan Health to Present at Barclays Global Healthcare Conference (NASDAQ:MGLN)
finance.yahoo.com - February 23 at 4:17 PM
finance.yahoo.com logoMagellan Health Employees to Host 14th Annual Trivia Night in Support of the BJC Wings Pediatric Hospice Program (NASDAQ:MGLN)
finance.yahoo.com - February 22 at 11:00 AM
finance.yahoo.com logoMagellan Health Releases Sixth Annual Medical Pharmacy Trend Report (NASDAQ:MGLN)
finance.yahoo.com - February 18 at 12:00 PM
News IconHow Many Magellan Health Inc (NASDAQ:MGLN)'s Analysts Are Bullish? - Sonoran Weekly Review (NASDAQ:MGLN)
sonoranweeklyreview.com - February 9 at 3:00 PM
finance.yahoo.com logo3 Reasons Why Magellan Health (MGLN) is a Great Value Stock (NASDAQ:MGLN)
finance.yahoo.com - February 9 at 11:02 AM
finance.yahoo.com logoMagellan Health to Expand Capabilities Related to Long-Term Services and Supports (NASDAQ:MGLN)
finance.yahoo.com - February 9 at 9:00 AM
thestreet.com logoOversold Conditions For Magellan Health (MGLN) (NASDAQ:MGLN)
www.thestreet.com - February 8 at 2:59 PM
finance.yahoo.com logoMagellan Health, Inc. (MGLN) (NASDAQ:MGLN)
finance.yahoo.com - February 5 at 2:35 PM
capitalcube.com logoMagellan Health, Inc. breached its 50 day moving average in a Bearish Manner : February 5, 2016 (NASDAQ:MGLN)
www.capitalcube.com - February 5 at 8:14 AM
News IconMagellan Health Services, Inc. (NASDAQ:MGLN) Recent Analyst Updates - Risers & Fallers (NASDAQ:MGLN)
www.risersandfallers.com - February 4 at 2:30 PM
News IconLarge Outflow of Money Witnessed in Magellan Health, Inc. - Bull Report (NASDAQ:MGLN)
www.bullreport.news - January 29 at 1:54 PM
News IconRecent Broker Updates On Magellan Health Services, Inc. (NASDAQ:MGLN) - Risers & Fallers (NASDAQ:MGLN)
www.risersandfallers.com - January 27 at 1:17 PM
capitalcube.com logoMagellan Health, Inc. – Value Analysis (NASDAQ:MGLN) : January 25, 2016 (NASDAQ:MGLN)
www.capitalcube.com - January 25 at 11:52 AM
capitalcube.com logoMagellan Health, Inc. breached its 50 day moving average in a Bullish Manner : January 25, 2016 (NASDAQ:MGLN)
www.capitalcube.com - January 25 at 8:11 AM

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Magellan Health Services (NASDAQ:MGLN) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff