Cotiviti Holdings Stock Price, News & Analysis (NYSE:COTV)

$31.77 -0.06 (-0.19 %)
(As of 11/18/2017 09:20 AM ET)
Previous Close$31.77
Today's Range$31.64 - $32.05
52-Week Range$29.19 - $45.97
Volume265,035 shs
Average Volume439,896 shs
Market Capitalization$2.93456 billion
P/E Ratio22.22
Dividend YieldN/A
Beta0.9

About Cotiviti Holdings (NYSE: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:
  • Industry: Medical Software & Technology Services
  • Sub-Industry: N/A
  • Sector: Business Services
  • Symbol: NYSE:COTV
  • CUSIP: N/A
  • Web: www.cotiviti.com
Debt:
  • Debt-to-Equity Ratio: 0.73%
  • Current Ratio: 1.44%
  • Quick Ratio: 1.44%
Price-To-Earnings:
  • Trailing P/E Ratio: 22.22
  • Forward P/E Ratio: 22.53
  • P/E Growth: 1.8
Sales & Book Value:
  • Annual Sales: $625.16 million
  • Price / Sales: 4.69
  • Cash Flow: $2.16 per share
  • Price / Cash: 14.72
  • Book Value: $11.16 per share
  • Price / Book: 2.85
Profitability:
  • Trailing EPS: $0.97
  • Net Income: $48.85 million
  • Net Margins: 13.86%
  • Return on Equity: 13.61%
  • Return on Assets: 6.62%
Misc:
  • Employees: 3,000
  • Outstanding Shares: 92,370,000
 

Frequently Asked Questions for Cotiviti Holdings (NYSE:COTV)

What is Cotiviti Holdings' stock symbol?

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

How were Cotiviti Holdings' earnings last quarter?

Cotiviti Holdings, Inc. (NYSE:COTV) posted its quarterly earnings data on Tuesday, October, 31st. The business services provider reported $0.39 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.38 by $0.01. The business services provider earned $174.20 million during the quarter, compared to analyst estimates of $174.01 million. Cotiviti Holdings had a return on equity of 13.61% and a net margin of 13.86%. The business's quarterly revenue was up 11.5% on a year-over-year basis. During the same period last year, the company posted $0.36 EPS. View Cotiviti Holdings' Earnings History.

Where is Cotiviti Holdings' stock going? Where will Cotiviti Holdings' stock price be in 2017?

9 analysts have issued 12-month target prices for Cotiviti Holdings' stock. Their forecasts range from $35.00 to $48.00. On average, they anticipate Cotiviti Holdings' share price to reach $41.29 in the next twelve months. View Analyst Ratings for Cotiviti Holdings.

Are investors shorting Cotiviti Holdings?

Cotiviti Holdings saw a decline in short interest during the month of October. As of October 31st, there was short interest totalling 664,560 shares, a decline of 34.2% from the October 13th total of 1,009,781 shares. Based on an average daily volume of 231,160 shares, the short-interest ratio is currently 2.9 days. Approximately 1.7% of the company's shares are sold short.

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 (Age 58)
  • J. Douglas Williams, Chief Executive Officer, Director (Age 55)
  • Bradley A. Ferguson, Chief Financial Officer, Senior Vice President (Age 47)
  • Adrienne Calderone, Interim Chief Financial Officer (Age 50)
  • David Beaulieu, Chief Operating Officer, Senior Vice President (Age 60)
  • Damien Creavin, Senior Vice President, Chief Information Officer (Age 61)
  • Jonathan Olefson, Senior Vice President, General Counsel, Secretary (Age 41)
  • Elizabeth Connolly Alexander, Director (Age 55)
  • John L. Maldonado, Director (Age 41)
  • Mala Anand, Independent Director (Age 49)

When did Cotiviti Holdings IPO?

(COTV) raised $225 million in an initial public offering 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 acted 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 many different of institutional and retail investors. Top institutional investors include JPMorgan Chase & Co. (2.26%), Eagle Asset Management Inc. (2.06%), Brown Advisory Inc. (1.46%), Vaughan Nelson Investment Management L.P. (1.19%), Kayne Anderson Rudnick Investment Management LLC (1.07%) and Victory Capital Management Inc. (0.63%). Company insiders that own Cotiviti Holdings stock include David Beaulieu, 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 Vaughan Nelson Investment Management L.P., Stifel Financial Corp and First Trust Advisors LP. Company insiders that have sold Cotiviti Holdings company stock in the last year include David Beaulieu, 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 bought by a variety of institutional investors in the last quarter, including Victory Capital Management Inc., Brown Advisory Inc., Kayne Anderson Rudnick Investment Management LLC, TimesSquare Capital Management LLC, Dimensional Fund Advisors LP, Northpointe Capital LLC, Summit Creek Advisors LLC and Wells Fargo & Company MN. 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 with access to the U.S. stock market 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 $31.77.

How big of a company is Cotiviti Holdings?

Cotiviti Holdings has a market capitalization of $2.93456 billion and generates $625.16 million in revenue each year. The business services provider earns $48.85 million in net income (profit) each year or $0.97 on an earnings per share basis. Cotiviti Holdings employs 3,000 workers across the globe.

How can I contact Cotiviti Holdings?

Cotiviti Holdings' mailing address is 115 Perimeter Center Place Suite 700, ATLANTA GA, 30346. The business services provider can be reached via phone at 770-379-2800 or via email at [email protected]


MarketBeat Community Rating for Cotiviti Holdings (NYSE COTV)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  118 (Vote Outperform)
Underperform Votes:  95 (Vote Underperform)
Total Votes:  213
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

Analysts' Consensus Rating for Cotiviti Holdings (NYSE:COTV)

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 3 Hold Ratings, 6 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 2.67)
Consensus Price Target: $41.29 (29.95% upside)

Consensus Price Target History for Cotiviti Holdings (NYSE:COTV)

Price Target History for Cotiviti Holdings (NYSE:COTV)

Analysts' Ratings History for Cotiviti Holdings (NYSE:COTV)

Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/10/2017SunTrust Banks, Inc.Reiterated RatingBuy$45.00N/AView Rating Details
11/3/2017Robert W. BairdReiterated RatingBuy$44.00N/AView Rating Details
11/3/2017Jefferies Group LLCLower Price TargetHold$41.00 -> $35.00N/AView Rating Details
9/21/2017Mitsubishi UFJ Financial GroupInitiated CoverageOverweight$42.00MediumView Rating Details
7/4/2017Leerink SwannInitiated CoverageOutperform$48.00MediumView 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
7/7/2016Credit Suisse GroupReiterated RatingBuy$25.00N/AView Rating Details
6/20/2016Morgan StanleyInitiated CoverageEqual -> Equal WeightN/AView Rating Details
6/20/2016Royal Bank Of CanadaInitiated CoverageOutperform$25.00N/AView Rating Details
(Data available from 11/19/2015 forward)

Earnings

Earnings History and Estimates Chart for Cotiviti Holdings (NYSE:COTV)

Earnings by Quarter for Cotiviti Holdings (NYSE:COTV)

Earnings History by Quarter for Cotiviti Holdings (NYSE COTV)

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017Q3 2017$0.38$0.39$174.01 million$174.20 millionViewN/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 (NYSE:COTV)
Current Year EPS Consensus Estimate: $1.41 EPS
Next Year EPS Consensus Estimate: $1.58 EPS

Dividends

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

Insider Trades

Insider Trading and Institutional Ownership History for Cotiviti Holdings (NYSE COTV)

Insider Ownership Percentage: 15.80%
Institutional Ownership Percentage: 85.78%
Insider Trades by Quarter for Cotiviti Holdings (NYSE:COTV)
Institutional Ownership by Quarter for Cotiviti Holdings (NYSE:COTV)

Insider Trades by Quarter for Cotiviti Holdings (NYSE COTV)

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/31/2017J Douglas WilliamsCEOSell16,655$34.96$582,258.80View SEC Filing  
10/17/2017J Douglas WilliamsCEOSell16,655$34.90$581,259.50View SEC Filing  
10/16/2017David BeaulieuCOOSell5,000$35.00$175,000.00View SEC Filing  
10/16/2017J Douglas WilliamsCEOSell8,364$34.85$291,485.40View SEC Filing  
9/26/2017J Douglas WilliamsCEOSell16,728$34.95$584,643.60View SEC Filing  
9/25/2017J Douglas WilliamsCEOSell8,364$34.84$291,401.76View SEC Filing  
9/13/2017J Douglas WilliamsCEOSell16,655$35.71$594,750.05View SEC Filing  
8/30/2017J Douglas WilliamsCEOSell16,655$35.04$583,591.20View SEC Filing  
8/17/2017J Douglas WilliamsCEOSell16,655$35.78$595,915.90View SEC Filing  
8/16/2017J Douglas WilliamsCEOSell8,364$35.93$300,518.52View SEC Filing  
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

Latest Headlines for Cotiviti Holdings (NYSE COTV)

Source:
DateHeadline
Cotiviti Appoints R. Halsey Wise to Board of DirectorsCotiviti Appoints R. Halsey Wise to Board of Directors
finance.yahoo.com - November 16 at 6:04 PM
Earnings Momentum Hamper Cotiviti Holdings (COTV) RatingEarnings Momentum Hamper Cotiviti Holdings (COTV) Rating
investorplace.com - November 16 at 1:23 PM
Cotiviti to Attend the Citi Global Healthcare ConferenceCotiviti to Attend the Citi Global Healthcare Conference
finance.yahoo.com - November 16 at 1:00 PM
Cotiviti Holdings (COTV) & Its Peers Financial ComparisonCotiviti Holdings (COTV) & Its Peers Financial Comparison
www.americanbankingnews.com - November 15 at 9:12 PM
Cotiviti Holdings Inc (COTV) Sees Large Drop in Short InterestCotiviti Holdings Inc (COTV) Sees Large Drop in Short Interest
www.americanbankingnews.com - November 14 at 11:26 PM
Cotiviti Poised To Weed Out Massive Wasteful Health SpendingCotiviti Poised To Weed Out Massive Wasteful Health Spending
us.rd.yahoo.com - January 17 at 5:19 PM
COTIVITI HOLDINGS, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and ExhibitsCOTIVITI HOLDINGS, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits
biz.yahoo.com - January 9 at 5:34 PM
Cotiviti Appoints Mala Anand to Board of DirectorsCotiviti Appoints Mala Anand to Board of Directors
us.rd.yahoo.com - December 13 at 5:05 PM
COTIVITI HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal OfficersCOTIVITI HOLDINGS, INC. Files SEC form 8-K, Change in Directors or Principal Officers
us.rd.yahoo.com - December 13 at 5:05 PM
Q3 2016 Cotiviti Holdings Inc Earnings Release - After Market CloseQ3 2016 Cotiviti Holdings Inc Earnings Release - After Market Close
biz.yahoo.com - November 10 at 12:45 PM
Cotiviti Holdings, Inc. (COTV) Tops Q3 EPS by 5cCotiviti Holdings, Inc. (COTV) Tops Q3 EPS by 5c
www.streetinsider.com - November 9 at 9:01 PM
COTV Crosses Above Average Analyst TargetCOTV Crosses Above Average Analyst Target
www.nasdaq.com - October 3 at 4:12 PM
COTIVITI HOLDINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct FinanciaCOTIVITI HOLDINGS, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financia
biz.yahoo.com - September 29 at 9:20 AM
Cotiviti Holdings Reaches Analyst Target PriceCotiviti Holdings Reaches Analyst Target Price
www.nasdaq.com - August 30 at 4:21 PM
Cotiviti To Present At Baird 2016 Global Healthcare ConferenceCotiviti To Present At Baird 2016 Global Healthcare Conference
www.thestreet.com - August 25 at 9:42 PM
Cotiviti Is A Good Play On Increasing Complexity In Managing HealthcareCotiviti Is A Good Play On Increasing Complexity In Managing Healthcare
seekingalpha.com - August 24 at 4:20 PM
Cotiviti Appoints Ruben King-Shaw to Board of DirectorsCotiviti Appoints Ruben King-Shaw to Board of Directors
www.businesswire.com - August 23 at 9:32 PM
Cotiviti Corporation -- Moodys upgrades Cotiviti CFR to B1; first lien affirmed at B1, second lien upgraded to B3; outlook stableCotiviti Corporation -- Moody's upgrades Cotiviti CFR to B1; first lien affirmed at B1, second lien upgraded to B3; outlook stable
www.moodys.com - July 11 at 5:27 PM
COTIVITI HOLDINGS, INC. Files SEC form 8-K, Other EventsCOTIVITI HOLDINGS, INC. Files SEC form 8-K, Other Events
biz.yahoo.com - June 30 at 4:31 PM

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Chart

Cotiviti Holdings (NYSE COTV) Chart for Sunday, November, 19, 2017
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This page was last updated on 11/19/2017 by MarketBeat.com Staff

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