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S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
All the trading advice you’ve ever received boils down to this (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
All the trading advice you’ve ever received boils down to this (Ad)
Grab Starbucks on the dip before coffee futures fall
GM rally picks up steam after landing full bull rating
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
All the trading advice you’ve ever received boils down to this (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
All the trading advice you’ve ever received boils down to this (Ad)
Grab Starbucks on the dip before coffee futures fall
GM rally picks up steam after landing full bull rating
S&P 500   4,567.18
DOW   36,124.56
QQQ   387.29
Investing in quantum computing: A guide 
Americans Now Favor Gold Over Stocks as an Investment Vehicle (Ad)
What is dividend harvesting?
Marvell Technology at a critical pivot: 30% upside is possible
All the trading advice you’ve ever received boils down to this (Ad)
Federal Trade Commission is investigating ExxonMobil's $60B deal to acquire a Texas oil company
Zuckerberg sells Meta, Snowflake may be the better choice
All the trading advice you’ve ever received boils down to this (Ad)
Grab Starbucks on the dip before coffee futures fall
GM rally picks up steam after landing full bull rating

MultiPlan Stock Price, News & Analysis (NYSE:MPLN)

$1.29
-0.06 (-4.44%)
(As of 12/5/2023 ET)
Compare
Today's Range
$1.29
$1.37
50-Day Range
$1.25
$1.73
52-Week Range
$0.61
$2.29
Volume
825,809 shs
Average Volume
1.50 million shs
Market Capitalization
$837.84 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.63

MultiPlan MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
25.0% Upside
$1.63 Price Target
Short Interest
Bearish
5.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.10 out of 5 stars

Medical Sector

927th out of 948 stocks

Business Services, Not Elsewhere Classified Industry

82nd out of 82 stocks


MPLN stock logo

About MultiPlan Stock (NYSE:MPLN)

MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services. It also provides payment and revenue integrity services, such as identifying and removing improper and unnecessary charges paid during the claim, as well as services to identify and help restore and preserve underpaid premium dollars. The company serves national and regional insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, TPAs, self-insured health plans, property and casualty insurers, bill review companies, and other companies involved in the claim adjudication process. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.

MPLN Stock Price History

MPLN Stock News Headlines

Lithium Discovery So BIG You Can't Miss it, Even From Space
With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!
MultiPlan Reports Third Quarter 2023 Results
Multiplan Q3 Earnings Preview
Lithium Discovery So BIG You Can't Miss it, Even From Space
With the green energy transition well underway, lithium demand is rapidly outpacing projected supply. While companies frantically search for new sources of this critical metal, one small company is sitting on a massive claim in North America - So big in fact that it can clearly be seen from space!
Multiplan Corp (MPLN_t)
MultiPlan Corporation WT (MPLN-WT)
MPLN_t Historical Data
MultiPlan (NYSE: MPLN)
MultiPlan Reports Second Quarter 2023 Results
MultiPlan Named a Best Workplace in New York
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
12/05/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/27/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
2,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.63
High Stock Price Target
$2.00
Low Stock Price Target
$1.25
Potential Upside/Downside
+25.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-572,910,000.00
Pretax Margin
-75.46%

Debt

Sales & Book Value

Annual Sales
$1.08 billion
Cash Flow
$0.56 per share
Book Value
$2.80 per share

Miscellaneous

Free Float
600,775,000
Market Cap
$844.34 million
Optionable
Optionable
Beta
0.58
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Key Executives

  • Mr. Dale A. White (Age 67)
    President, CEO & Director
    Comp: $3.73M
  • Mr. James M. HeadMr. James M. Head (Age 57)
    CFO & Executive VP
    Comp: $500.96k
  • Mr. Michael C. Kim (Age 57)
    Senior VP & Chief Information Officer
    Comp: $727.44k
  • Mr. Jeffrey A. Doctoroff (Age 54)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $736.45k
  • Mr. Gerald J. Kozel (Age 51)
    Senior VP & Chief Accounting Officer
  • Mr. Lucas Gabriel Montgomery C.F.A.
    Senior Vice President of Finance & Investor Relations
  • Ms. Melissa Humphrey
    Senior Vice President of Marketing & Communications
  • Mr. Alwyn Van Heerdan
    Vice President of Strategy & Corporate Development
  • Ms. Carol Nutter (Age 46)
    Senior VP & Chief People Officer
  • Mr. Derek Reis-Larson
    Senior Vice President of Claims Pricing Services














MPLN Stock Analysis - Frequently Asked Questions

Should I buy or sell MultiPlan stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MultiPlan in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" MPLN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MPLN, but not buy additional shares or sell existing shares.
View MPLN analyst ratings
or view top-rated stocks.

What is MultiPlan's stock price target for 2024?

2 brokers have issued 1-year target prices for MultiPlan's stock. Their MPLN share price targets range from $1.25 to $2.00. On average, they expect the company's share price to reach $1.63 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for MPLN
or view top-rated stocks among Wall Street analysts.

How have MPLN shares performed in 2023?

MultiPlan's stock was trading at $1.15 on January 1st, 2023. Since then, MPLN stock has increased by 13.0% and is now trading at $1.30.
View the best growth stocks for 2023 here
.

Are investors shorting MultiPlan?

MultiPlan saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 15,620,000 shares, a drop of 10.7% from the October 15th total of 17,490,000 shares. Based on an average trading volume of 1,010,000 shares, the days-to-cover ratio is presently 15.5 days. Currently, 5.3% of the company's stock are short sold.
View MultiPlan's Short Interest
.

When is MultiPlan's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our MPLN earnings forecast
.

How were MultiPlan's earnings last quarter?

MultiPlan Co. (NYSE:MPLN) issued its earnings results on Tuesday, November, 7th. The company reported ($0.06) EPS for the quarter. The firm had revenue of $242.80 million for the quarter. MultiPlan had a negative net margin of 74.12% and a negative trailing twelve-month return on equity of 13.20%.

What ETF holds MultiPlan's stock ?

IQ Chaikin U.S. Small Cap ETF holds 385,810 shares of MPLN stock, representing 0.34% of its portfolio.

Who are MultiPlan's major shareholders?

MultiPlan's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Beach Point Capital Management LP (1.28%), Charles Schwab Investment Management Inc. (1.24%), Northern Trust Corp (0.54%), Bank of New York Mellon Corp (0.29%), Atalaya Capital Management LP (0.23%) and Invesco Ltd. (0.21%). Insiders that own company stock include Anthony Colaluca Jr, Corporate Investors Viii H&F, James M Head, Julie D Klapstein, Mark Tabak and Michael Kim.
View institutional ownership trends
.

How do I buy shares of MultiPlan?

Shares of MPLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:MPLN) was last updated on 12/6/2023 by MarketBeat.com Staff

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