Elevance Health (ELV) Competitors

$539.70
+5.97 (+1.12%)
(As of 04/25/2024 ET)

ELV vs. CNC, HUM, UNH, SNY, SYK, ISRG, MDT, VRTX, CI, and BSX

Should you be buying Elevance Health stock or one of its competitors? The main competitors of Elevance Health include Centene (CNC), Humana (HUM), UnitedHealth Group (UNH), Sanofi (SNY), Stryker (SYK), Intuitive Surgical (ISRG), Medtronic (MDT), Vertex Pharmaceuticals (VRTX), The Cigna Group (CI), and Boston Scientific (BSX). These companies are all part of the "medical" sector.

Elevance Health vs.

Centene (NYSE:CNC) and Elevance Health (NYSE:ELV) are both large-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their dividends, risk, institutional ownership, media sentiment, earnings, analyst recommendations, community ranking, valuation and profitability.

Elevance Health has higher revenue and earnings than Centene. Centene is trading at a lower price-to-earnings ratio than Elevance Health, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Centene$154.00B0.26$2.70B$4.9115.41
Elevance Health$171.34B0.73$5.99B$26.4620.40

In the previous week, Elevance Health had 41 more articles in the media than Centene. MarketBeat recorded 49 mentions for Elevance Health and 8 mentions for Centene. Elevance Health's average media sentiment score of 0.95 beat Centene's score of 0.75 indicating that Centene is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Centene
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Elevance Health
15 Very Positive mention(s)
5 Positive mention(s)
12 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

Centene received 180 more outperform votes than Elevance Health when rated by MarketBeat users. Likewise, 73.24% of users gave Centene an outperform vote while only 66.61% of users gave Elevance Health an outperform vote.

CompanyUnderperformOutperform
CenteneOutperform Votes
1010
73.24%
Underperform Votes
369
26.76%
Elevance HealthOutperform Votes
830
66.61%
Underperform Votes
416
33.39%

Centene has a beta of 0.38, suggesting that its share price is 62% less volatile than the S&P 500. Comparatively, Elevance Health has a beta of 0.78, suggesting that its share price is 22% less volatile than the S&P 500.

Centene currently has a consensus price target of $85.38, suggesting a potential upside of 12.82%. Elevance Health has a consensus price target of $587.42, suggesting a potential upside of 8.85%. Given Elevance Health's higher probable upside, research analysts clearly believe Centene is more favorable than Elevance Health.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Centene
0 Sell rating(s)
5 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.55
Elevance Health
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.92

93.6% of Centene shares are owned by institutional investors. Comparatively, 89.2% of Elevance Health shares are owned by institutional investors. 0.3% of Centene shares are owned by company insiders. Comparatively, 0.4% of Elevance Health shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Elevance Health has a net margin of 3.64% compared to Elevance Health's net margin of 1.75%. Centene's return on equity of 20.62% beat Elevance Health's return on equity.

Company Net Margins Return on Equity Return on Assets
Centene1.75% 14.26% 4.36%
Elevance Health 3.64%20.62%7.35%

Summary

Elevance Health beats Centene on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ELV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ELV vs. The Competition

MetricElevance HealthHospital & medical service plans IndustryMedical SectorNYSE Exchange
Market Cap$125.43B$65.72B$4.98B$17.42B
Dividend Yield1.22%1.36%2.98%3.53%
P/E Ratio20.4017.21204.8722.87
Price / Sales0.730.502,349.6210.37
Price / Cash12.9210.3246.9517.79
Price / Book3.083.464.594.90
Net Income$5.99B$3.04B$103.09M$964.49M
7 Day Performance2.76%2.39%-0.40%1.79%
1 Month Performance5.74%-0.65%-5.89%-2.50%
1 Year Performance17.10%15.71%8.34%91.31%

Elevance Health Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNC
Centene
4.8457 of 5 stars
$75.84
+0.3%
$85.38
+12.6%
+9.2%$40.43B$154.00B15.4567,700Short Interest ↓
HUM
Humana
4.9984 of 5 stars
$327.84
+0.8%
$454.63
+38.7%
-37.9%$39.55B$106.37B16.5467,600Earnings Report
Analyst Report
Short Interest ↑
News Coverage
UNH
UnitedHealth Group
4.9677 of 5 stars
$486.37
-1.0%
$570.05
+17.2%
+0.4%$448.40B$371.62B29.73440,000
SNY
Sanofi
3.1139 of 5 stars
$47.69
+1.1%
$55.00
+15.3%
-13.7%$120.64B$46.61B20.2186,088Short Interest ↓
News Coverage
Gap Up
SYK
Stryker
4.7997 of 5 stars
$334.89
+2.2%
$340.67
+1.7%
+12.6%$127.42B$20.50B40.5952,000Upcoming Earnings
ISRG
Intuitive Surgical
4.8248 of 5 stars
$377.08
+2.2%
$396.17
+5.1%
+26.5%$133.66B$7.12B68.0713,676Insider Selling
Short Interest ↓
MDT
Medtronic
4.6721 of 5 stars
$81.28
+0.9%
$94.91
+16.8%
-11.6%$106.98B$32.32B25.8995,000
VRTX
Vertex Pharmaceuticals
4.2433 of 5 stars
$404.91
+1.2%
$429.45
+6.1%
+19.8%$104.65B$9.87B29.155,400
CI
The Cigna Group
4.8603 of 5 stars
$352.70
-0.1%
$362.14
+2.7%
+39.7%$103.12B$195.27B20.2870,325Upcoming Earnings
Dividend Announcement
Short Interest ↓
BSX
Boston Scientific
4.3692 of 5 stars
$68.99
+1.4%
$68.50
-0.7%
+43.4%$101.22B$14.24B64.4848,000Analyst Report

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This page (NYSE:ELV) was last updated on 4/26/2024 by MarketBeat.com Staff

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