NYSE:COTV - Cotiviti Stock Price, Price Target & More

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$44.40 -0.05 (-0.11 %)
(As of 07/17/2018 04:00 PM ET)
Previous Close$44.45
Today's Range$44.39 - $44.47
52-Week Range$30.84 - $44.95
Volume340,300 shs
Average Volume581,104 shs
Market Capitalization$4.11 billion
P/E Ratio31.27
Dividend YieldN/A
Beta0.62
Cotiviti logoCotiviti 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 Ratio0.64
Current Ratio2.93
Quick Ratio2.93

Price-To-Earnings

Trailing P/E Ratio31.27
Forward P/E Ratio26.59
P/E Growth2.08

Sales & Book Value

Annual Sales$678.66 million
Price / Sales6.08
Cash Flow$2.4409 per share
Price / Cash18.19
Book Value$11.93 per share
Price / Book3.72

Profitability

EPS (Most Recent Fiscal Year)$1.42
Net Income$138.20 million
Net Margins22.39%
Return on Equity12.68%
Return on Assets6.56%

Miscellaneous

Employees3,300
Outstanding Shares92,940,000
Market Cap$4,114.50

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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) issued its earnings results on Tuesday, May, 1st. The business services provider reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.01. The business services provider had revenue of $219.03 million for the quarter, compared to the consensus estimate of $176.15 million. Cotiviti had a return on equity of 12.68% and a net margin of 22.39%. The company's revenue was up 36.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 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 Monday, July, 30th 2018. View Earnings Estimates for Cotiviti.

What price target have analysts set for COTV?

11 brokers have issued 12 month target prices for Cotiviti's stock. Their forecasts range from $24.00 to $48.00. On average, they expect Cotiviti's share price to reach $36.5278 in the next year. This suggests that the stock has a possible downside of 17.7%. View Analyst Ratings 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 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Cotiviti?

Cotiviti saw a drop in short interest in June. As of June 15th, there was short interest totalling 750,408 shares, a drop of 33.5% from the May 31st total of 1,128,164 shares. Based on an average daily trading volume, of 824,850 shares, the days-to-cover ratio is presently 0.9 days. Currently, 1.9% of the shares of the company are short sold. View Cotiviti's Current Options Chain.

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 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.

Has Cotiviti been receiving favorable news coverage?

Media coverage about COTV stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cotiviti earned a media sentiment score of 0.11 on Accern's scale. They also gave news articles about the business services provider an impact score of 46.59 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Cotiviti's major shareholders?

Cotiviti's stock is owned by a number of of retail and institutional investors. Top institutional investors include FormulaFolio Investments LLC (0.02%), Sphinx Trading LP (0.01%) and Bank of Montreal Can (0.01%). Company insiders that own Cotiviti 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.

Which major investors are selling Cotiviti stock?

COTV stock was sold by a variety of institutional investors in the last quarter, including FormulaFolio Investments LLC. Company insiders that have sold Cotiviti company stock in the last year include David Beaulieu, Elizabeth Connolly Alexander, International Corp/Ma Advent, J Douglas Williams, James E Parisi and Jonathan Olefson. View Insider Buying and Selling for Cotiviti.

Which major investors are buying Cotiviti stock?

COTV stock was acquired by a variety of institutional investors in the last quarter, including Sphinx Trading LP and Bank of Montreal Can. View Insider Buying and Selling for Cotiviti.

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 $44.40.

How big of a company is Cotiviti?

Cotiviti has a market capitalization of $4.11 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.

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:  2.7 out of 5 (star star)
Outperform Votes:  185 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  343
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 7/17/2018 by MarketBeat.com Staff

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