NYSE:COTV - Cotiviti Stock Price, News, & Analysis

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$44.74 0.00 (0.00 %)
(As of 10/15/2018 09:14 AM ET)
Previous Close$44.74
Today's Range$44.74 - $44.74
52-Week Range$30.84 - $44.76
VolumeN/A
Average Volume376,833 shs
Market Capitalization$4.20 billion
P/E Ratio31.51
Dividend YieldN/A
Beta0.52
Cotiviti Holdings, Inc., through its subsidiaries, provides analytics-driven payment accuracy and spend management solutions primarily for the healthcare sector in the United States, Canada, the United Kingdom, and India. It operates through two segments, Healthcare, and Global Retail and Other. The company offers prospective claims accuracy solutions that enable healthcare clients identify and address claim discrepancies immediately following claim adjudication and before a claim is paid to a healthcare provider; and retrospective claims accuracy solutions that enable health insurers identify and resolve payment inaccuracies after a claim has been paid to a healthcare provider. It also provides analytics and support services, including anti-fraud, waste, and abuse analytics to identify abnormal patterns in coding and billing practices; surveillance and longitudinal analytics; and claims history analytics to identify areas for direct interaction, as well as to identify policy and program changes that can enhance future payment accuracy. The company was formerly known as Connolly Superholdings, Inc. and changed its name to Cotiviti Holdings, Inc. in September 2015. Cotiviti Holdings, Inc. was founded in 1979 and is headquartered in Atlanta, Georgia.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Business services, not elsewhere classified
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:COTV
CUSIPN/A
Phone770-379-2800

Debt

Debt-to-Equity Ratio0.61
Current Ratio3.41
Quick Ratio3.41

Price-To-Earnings

Trailing P/E Ratio31.51
Forward P/E Ratio26.79
P/E Growth2.1

Sales & Book Value

Annual Sales$678.66 million
Price / Sales6.18
Cash Flow$2.4342 per share
Price / Cash18.38
Book Value$11.93 per share
Price / Book3.75

Profitability

EPS (Most Recent Fiscal Year)$1.42
Net Income$138.20 million
Net Margins21.49%
Return on Equity12.44%
Return on Assets6.65%

Miscellaneous

Employees3,300
Outstanding Shares93,780,000
Market Cap$4.20 billion

Cotiviti (NYSE:COTV) Frequently Asked Questions

What is Cotiviti's stock symbol?

Cotiviti trades on the New York Stock Exchange (NYSE) under the ticker symbol "COTV."

How were Cotiviti's earnings last quarter?

Cotiviti Holdings Inc (NYSE:COTV) released its quarterly earnings data on Thursday, July, 26th. The business services provider reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.01. The business services provider earned $176.85 million during the quarter, compared to the consensus estimate of $183.38 million. Cotiviti had a net margin of 21.49% and a return on equity of 12.44%. Cotiviti's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.38 earnings per share. View Cotiviti's Earnings History.

When is Cotiviti's next earnings date?

Cotiviti is scheduled to release their next quarterly earnings announcement on Tuesday, October 30th 2018. View Earnings Estimates for Cotiviti.

What price target have analysts set for COTV?

11 brokers have issued twelve-month price objectives for Cotiviti's stock. Their predictions range from $24.00 to $48.00. On average, they anticipate Cotiviti's stock price to reach $35.0833 in the next year. This suggests that the stock has a possible downside of 21.6%. View Analyst Price Targets for Cotiviti.

What is the consensus analysts' recommendation for Cotiviti?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cotiviti in the last year. There are currently 11 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cotiviti.

Who are some of Cotiviti's key competitors?

Who are Cotiviti's key executives?

Cotiviti's management team includes the folowing people:
  • Mr. J. Douglas Williams, CEO & Director (Age 56)
  • Mr. David R. Beaulieu, Sr. VP & COO (Age 61)
  • Mr. Jonathan Olefson, Sr. VP, Gen. Counsel & Sec. (Age 42)
  • Mr. Nord E. Samuelson, Sr. VP & Chief Digital Officer (Age 53)
  • Ms. Adrienne E. Calderone CPA, VP & Controller (Age 51)

When did Cotiviti IPO?

(COTV) raised $225 million in an initial public offering on Thursday, May 26th 2016. The company issued 12,500,000 shares at $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.

How do I buy shares of Cotiviti?

Shares of COTV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cotiviti's stock price today?

One share of COTV stock can currently be purchased for approximately $44.74.

How big of a company is Cotiviti?

Cotiviti has a market capitalization of $4.20 billion and generates $678.66 million in revenue each year. The business services provider earns $138.20 million in net income (profit) each year or $1.42 on an earnings per share basis. Cotiviti employs 3,300 workers across the globe.

What is Cotiviti's official website?

The official website for Cotiviti is http://www.cotiviti.com.

How can I contact Cotiviti?

Cotiviti's mailing address is One Glenlake Parkway Suite 1400, ATLANTA GA, 30328. The business services provider can be reached via phone at 770-379-2800 or via email at [email protected]


MarketBeat Community Rating for Cotiviti (NYSE COTV)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  219 (Vote Outperform)
Underperform Votes:  201 (Vote Underperform)
Total Votes:  420
MarketBeat's community ratings are surveys of what our community members think about Cotiviti and other stocks. Vote "Outperform" if you believe COTV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COTV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/15/2018 by MarketBeat.com Staff

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