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NYSE:MPLN

MultiPlan - MPLN Stock Forecast, Price & News

$3.01
+0.05 (+1.69%)
(As of 09/28/2022 05:07 PM ET)
Add
Compare
Today's Range
$2.92
$3.07
50-Day Range
$2.94
$5.26
52-Week Range
$2.88
$6.19
Volume
1.94 million shs
Average Volume
2.57 million shs
Market Capitalization
$1.92 billion
P/E Ratio
12.04
Dividend Yield
N/A
Price Target
$6.33

MultiPlan MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
110.4% Upside
$6.33 Price Target
Short Interest
Bearish
10.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$17.32 M Sold Last Quarter
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.

1.78 out of 5 stars

Medical Sector

904th out of 1,096 stocks

Business Services, Not Elsewhere Classified Industry

89th out of 101 stocks

MPLN stock logo

About MultiPlan (NYSE:MPLN) Stock

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, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment and revenue integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery. The company serves national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third party administrators, bill review companies, Taft-Hartley plans, and other entities that pay medical bills in the commercial healthcare, government, workers' compensation, and auto medical markets. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.

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MPLN Stock News Headlines

MultiPlan Accepting Applications for Rural Health Grant
MultiPlan Earns Great Place to Work Certification™
MultiPlan Reports Second Quarter 2022 Results
See More Headlines
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MPLN Company Calendar

Last Earnings
8/04/2022
Today
9/28/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Sector
Medical
Fax
N/A
Employees
2,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.33
High Stock Price Forecast
$6.50
Low Stock Price Forecast
$6.00
Forecasted Upside/Downside
+110.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$102.08 million
Pretax Margin
17.92%

Debt

Sales & Book Value

Annual Sales
$1.12 billion
Cash Flow
$0.86 per share
Book Value
$3.67 per share

Miscellaneous

Free Float
574,528,000
Market Cap
$1.92 billion
Optionable
Optionable
Beta
0.21

Key Executives

  • Mr. Dale A. White (Age 66)
    Pres, CEO & Director
    Comp: $977.47k
  • Mr. James M. HeadMr. James M. Head (Age 56)
    CFO & Exec. VP
    Comp: $325.18k
  • Mr. Michael C. Kim (Age 55)
    Sr. VP & Chief Information Officer
    Comp: $618.33k
  • Mr. Jeffrey A. Doctoroff (Age 53)
    Sr. VP, Gen. Counsel & Sec.
    Comp: $549.28k
  • Mr. Gerald J. Kozel (Age 50)
    Sr. VP & Chief Accounting Officer
  • Mr. Lucas Gabriel Montgomery C.F.A.
    Sr. VP of Fin. & Investor Relations
  • Pamela Walker
    Sr. Director of Marketing & Communications
  • Ms. Susan Mohler
    Sr. VP of Marketing & Product Management
  • Mr. Derek Reis-Larson
    Sr. VP of Claims Pricing Services
  • Mr. Bruce Singleton
    Sr. VP of Network Devel. Strategy













MPLN Stock - Frequently Asked Questions

Should I buy or sell MultiPlan stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MultiPlan in the last year. There are currently 2 hold ratings and 1 buy rating 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 forecast for 2022?

3 analysts have issued 1 year price objectives for MultiPlan's stock. Their MPLN share price forecasts range from $6.00 to $6.50. On average, they predict the company's share price to reach $6.33 in the next year. This suggests a possible upside of 114.0% 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 2022?

MultiPlan's stock was trading at $4.43 on January 1st, 2022. Since then, MPLN stock has decreased by 33.2% and is now trading at $2.96.
View the best growth stocks for 2022 here
.

When is MultiPlan's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our MPLN earnings forecast
.

How were MultiPlan's earnings last quarter?

MultiPlan Co. (NYSE:MPLN) posted its quarterly earnings results on Thursday, August, 4th. The company reported $0.02 EPS for the quarter. The firm earned $290.13 million during the quarter. MultiPlan had a trailing twelve-month return on equity of 6.76% and a net margin of 13.67%.

What guidance has MultiPlan issued on next quarter's earnings?

MultiPlan updated its third quarter 2022 earnings guidance on Thursday, August, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $280.00 million-$290.00 million, compared to the consensus revenue estimate of $297.66 million.

What is MultiPlan's stock symbol?

MultiPlan trades on the New York Stock Exchange (NYSE) under the ticker symbol "MPLN."

Who are MultiPlan's major shareholders?

MultiPlan's stock is owned by a variety of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (5.94%), Beach Point Capital Management LP (1.47%), State Street Corp (1.12%), Point72 Asset Management L.P. (0.64%), Northern Trust Corp (0.56%) and TD Asset Management Inc. (0.38%). Insiders that own company stock include Anthony Colaluca Jr, Corporate Investors Viii H&F, Glenn R August, James M Head, Julie D Klapstein, Mark Tabak, Michael Kim, Michael Stuart Klein and Paul Galant.
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.

What is MultiPlan's stock price today?

One share of MPLN stock can currently be purchased for approximately $2.96.

How much money does MultiPlan make?

MultiPlan (NYSE:MPLN) has a market capitalization of $1.89 billion and generates $1.12 billion in revenue each year. The company earns $102.08 million in net income (profit) each year or $0.25 on an earnings per share basis.

How many employees does MultiPlan have?

The company employs 2,400 workers across the globe.

How can I contact MultiPlan?

The official website for the company is www.multiplan.us. The company can be reached via phone at 212-780-2000 or via email at investor@multiplan.com.

This page (NYSE:MPLN) was last updated on 9/28/2022 by MarketBeat.com Staff

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