MultiPlan Stock Price, News & Analysis (NYSE:MPLN) $1.29 -0.06 (-4.44%) (As of 12/5/2023 ET) Add Compare Share Share Today's Range$1.29▼$1.3750-Day Range$1.25▼$1.7352-Week Range$0.61▼$2.29Volume825,809 shsAverage Volume1.50 million shsMarket Capitalization$837.84 millionP/E RatioN/ADividend YieldN/APrice Target$1.63 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media MultiPlan MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside25.0% Upside$1.63 Price TargetShort InterestBearish5.17% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details 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 starsMedical Sector927th out of 948 stocksBusiness Services, Not Elsewhere Classified Industry82nd out of 82 stocks 2.0 Analyst's Opinion Consensus RatingMultiPlan has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.63, MultiPlan has a forecasted upside of 25.0% from its current price of $1.30.Amount of Analyst CoverageMultiPlan has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted5.17% of the float of MultiPlan has been sold short.Short Interest Ratio / Days to CoverMultiPlan has a short interest ratio ("days to cover") of 15, which indicates bearish sentiment.Change versus previous monthShort interest in MultiPlan has recently decreased by 4.67%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldMultiPlan does not currently pay a dividend.Dividend GrowthMultiPlan does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MPLN. Previous Next 0.0 News and Social Media Coverage MarketBeat FollowsOnly 1 people have added MultiPlan to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, MultiPlan insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.50% of the stock of MultiPlan is held by insiders.Percentage Held by Institutions78.47% of the stock of MultiPlan is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of MultiPlan is -1.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of MultiPlan is -1.16, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMultiPlan has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More MPLN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MPLN Stock News HeadlinesNovember 8, 2023 | finance.yahoo.comMultiPlan Corporation (NYSE:MPLN) Q3 2023 Earnings Call TranscriptNovember 8, 2023 | msn.comMultiPlan extends $100M stock buyback programDecember 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith 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!November 7, 2023 | seekingalpha.comMultiPlan Corporation 2023 Q3 - Results - Earnings Call PresentationNovember 7, 2023 | msn.comMultiplan GAAP EPS of -$0.04, revenue of $242.8MNovember 7, 2023 | businesswire.comMultiPlan Reports Third Quarter 2023 ResultsNovember 7, 2023 | finance.yahoo.comMultiPlan Corp (MPLN) Reports Q3 2023 Revenues of $242.8 Million, Net Loss of $24.1 MillionNovember 6, 2023 | msn.comMultiplan Q3 Earnings PreviewDecember 6, 2023 | Financial Alphas (Ad)Lithium Discovery So BIG You Can't Miss it, Even From SpaceWith 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!November 2, 2023 | investing.comMultiplan Corp (MPLN_t)October 27, 2023 | seekingalpha.comMultiPlan Sees Uptick In Utilization But Revenue Growth Is A ChallengeOctober 26, 2023 | finance.yahoo.comMultiPlan Corporation WT (MPLN-WT)October 5, 2023 | stockhouse.comMultiPlan Corporation Announces Third Quarter 2023 Earnings Conference CallSeptember 28, 2023 | investing.comMPLN_t Historical DataSeptember 10, 2023 | fool.comMultiPlan (NYSE: MPLN)September 7, 2023 | finance.yahoo.comMultiPlan Named to Prestigious 2023 Fortune Best Workplaces in Health Care ListAugust 24, 2023 | finance.yahoo.comMultiPlan Earns 2023 Great Place to Work Certification™August 10, 2023 | reuters.comHospital sues data analytics company MultiPlan in US court antitrust caseAugust 3, 2023 | seekingalpha.comMultiPlan Corporation 2023 Q2 - Results - Earnings Call PresentationAugust 2, 2023 | finance.yahoo.comMultiPlan Reports Second Quarter 2023 ResultsJuly 29, 2023 | nasdaq.comMultiPlan Corporation Class A Common Stock (MPLN)July 13, 2023 | seekingalpha.comMultiPlan Sees Stabilizing Markets But Contracting Revenue In 2023July 6, 2023 | finance.yahoo.comMultiPlan Corporation Announces Second Quarter 2023 Earnings Conference CallJune 27, 2023 | finance.yahoo.comMultiPlan Appoints John Prince to its Board of DirectorsJune 23, 2023 | tmcnet.comMultiPlan Corporation to Hold Meeting of Stockholders onJune 20, 2023 | finance.yahoo.comMultiPlan and ECHO Health Partner to Drive Health Plan Administrative Costs DownJune 14, 2023 | finance.yahoo.comMultiPlan Named a Best Workplace in New YorkSee More Headlines Receive MPLN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MultiPlan and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/07/2023Today12/05/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Business services, not elsewhere classified Sub-IndustryN/A SectorMedical Current SymbolNYSE:MPLN CUSIPN/A CIK1793229 Webwww.multiplan.us Phone212-780-2000FaxN/AEmployees2,500Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($1.12) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-572,910,000.00 Net Margins-74.12% Pretax Margin-75.46% Return on Equity-13.20% Return on Assets-3.25% Debt Debt-to-Equity Ratio2.61 Current Ratio1.23 Quick Ratio1.23 Sales & Book Value Annual Sales$1.08 billion Price / Sales0.78 Cash Flow$0.56 per share Price / Cash Flow2.32 Book Value$2.80 per share Price / Book0.46Miscellaneous Outstanding Shares649,490,000Free Float600,775,000Market Cap$844.34 million OptionableOptionable Beta0.58 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Dale A. White (Age 67)President, CEO & Director Comp: $3.73MMr. James M. Head (Age 57)CFO & Executive VP Comp: $500.96kMr. Michael C. Kim (Age 57)Senior VP & Chief Information Officer Comp: $727.44kMr. Jeffrey A. Doctoroff (Age 54)Executive VP, General Counsel & Corporate Secretary Comp: $736.45kMr. Gerald J. Kozel (Age 51)Senior VP & Chief Accounting Officer Mr. Lucas Gabriel Montgomery C.F.A.Senior Vice President of Finance & Investor RelationsMs. Melissa HumphreySenior Vice President of Marketing & CommunicationsMr. Alwyn Van HeerdanVice President of Strategy & Corporate DevelopmentMs. Carol Nutter (Age 46)Senior VP & Chief People Officer Mr. Derek Reis-LarsonSenior Vice President of Claims Pricing ServicesMore ExecutivesKey CompetitorsPhreesiaNYSE:PHRAmerican WellNYSE:AMWLAugmedixNASDAQ:AUGXCollegium PharmaceuticalNASDAQ:COLLREGENXBIONASDAQ:RGNXView All CompetitorsInstitutional OwnershipAmerican Century Companies Inc.Bought 91,352 shares on 11/30/2023Ownership: 0.033%AQR Capital Management LLCBought 90,682 shares on 11/15/2023Ownership: 0.053%Legal & General Group PlcBought 15,463 shares on 11/15/2023Ownership: 0.036%The Manufacturers Life Insurance Company Bought 42,124 shares on 11/15/2023Ownership: 0.030%Sei Investments Co.Bought 15,425 shares on 11/15/2023Ownership: 0.002%View All Institutional Transactions 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding MultiPlan Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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