NYSE:CNVY

Convey Health Solutions (CNVY) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$10.51
$10.51
50-Day Range
$10.49
$10.57
52-Week Range
$3.75
$10.73
Volume
N/A
Average Volume
219,508 shs
Market Capitalization
$769.27 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
CNVY stock logo

About Convey Health Solutions Stock (NYSE:CNVY)

Convey Health Solutions Holdings, Inc. provides technology enabled solutions and advisory services to assist its clients with workflows across product developments, sales, member experience, clinical management, core operations, and business intelligence and analytics. It operates through two segments, Technology Enabled Solutions and Advisory Services. The Technology Enabled Solutions segment offers technology solutions through web-based customizable application that is used to identify, track, and administer contractual services, or benefits provided under a client's plan to its Medicare and Medicaid beneficiaries. It also provides analytics over healthcare data to capture and assess gaps in risk documentation, quality, clinical care, and compliance. The company also offers health plan management, data analytics, supplemental benefit, advisory, and software services. The Advisory Services segment offers sales and marketing strategies, provider network strategies, compliance, star ratings, quality, clinical, pharmacy, analytics, and risk adjustment. It serves government sponsored, medicare advantage, medicare, as well as pharmacy benefits managers. The company was founded in 2001 and is headquartered in Fort Lauderdale, Florida. Convey Health Solutions Holdings, Inc. is a former subsidiary of TPG Cannes Aggregation, L.P.

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Company Calendar

Last Earnings
11/10/2021
Today
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Miscellaneous Health & Allied Services
Sub-Industry
N/A
Fax
N/A
Employees
3,800
Year Founded
N/A

Profitability

Net Income
$-9,980,000.00
Pretax Margin
-1.30%

Debt

Sales & Book Value

Annual Sales
$337.60 million
Cash Flow
$0.46 per share
Book Value
$7.35 per share

Miscellaneous

Free Float
68,656,000
Market Cap
$769.27 million
Optionable
Not Optionable
Beta
-0.30
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Key Executives

  • Mr. Stephen C. Farrell CFA (Age 57)
    CEO & Director
    Comp: $1.29M
  • Mr. John E. Steele (Age 47)
    Exec. VP of Technology
    Comp: $1.01M
  • Mr. Kyle Stern (Age 49)
    Exec. VP
    Comp: $1.01M
  • Mr. Timothy Fairbanks (Age 48)
    Exec. VP & CFO
  • Ms. Susana E. Pichardo
    Sr. VP of Accounting
  • Mr. Giray Akar
    Chief Technology Officer
  • Ms. Deborah Johnson
    Chief Compliance Officer
  • Ms. Stephanie Jones
    Pres of Advanced Plan Admin.
  • Mr. Tom Pelegrin
    Sr. VP & Chief Revenue Officer
  • Mr. Jonathan A. Starr (Age 51)
    Sr. VP of Bus. Devel.

CNVY Stock Analysis - Frequently Asked Questions

How were Convey Health Solutions' earnings last quarter?

Convey Health Solutions Holdings, Inc. (NYSE:CNVY) posted its earnings results on Wednesday, November, 10th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.04 by $0.01. The firm earned $82.41 million during the quarter, compared to the consensus estimate of $79.10 million. Convey Health Solutions had a positive trailing twelve-month return on equity of 0.08% and a negative net margin of 1.90%.

When did Convey Health Solutions IPO?

Convey Health Solutions (CNVY) raised $200 million in an initial public offering on Wednesday, June 16th 2021. The company issued 13,300,000 shares at $14.00-$16.00 per share. BofA Securities, Goldman Sachs, J.P. Morgan and Barclays ​ served as the underwriters for the IPO and TPG Capital BD, LLC, Truist Securities, Canaccord Genuity, AmeriVet Securities and Siebert Williams Shank were co-managers.

This page (NYSE:CNVY) was last updated on 4/27/2024 by MarketBeat.com Staff

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