Logo image of MGLN

MAGELLAN HEALTH INC (MGLN) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:MGLN - Common Stock

94.99
0 (0%)
Last: 1/3/2022, 8:23:03 PM
94.99
0 (0%)
After Hours: 1/3/2022, 8:23:03 PM

MGLN Key Statistics, Chart & Performance

Key Statistics
Market Cap2.46B
Revenue(TTM)4.82B
Net Income(TTM)301.97M
Shares25.89M
Float25.90M
52 Week High99.36
52 Week Low82.94
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)1.09
PE87.15
Fwd PE27.31
Earnings (Next)03-04 2022-03-04/amc
IPO2004-01-06
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
GICS IndustryGroupHealth Care Equipment & Services
GICS SubIndustryManaged Health Care


MGLN short term performance overview.The bars show the price performance of MGLN in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0.2 0.4 0.6

MGLN long term performance overview.The bars show the price performance of MGLN in the last 1, 2 and 3 years. 1 year 2 years 3 years 0.2 0.4 0.6

The current stock price of MGLN is 94.99 null. In the past month the price increased by 0.58%. In the past year, price increased by 0.68%.

MAGELLAN HEALTH INC / MGLN Daily stock chart

MGLN Latest News, Press Relases and Analysis

MGLN Competitors/Peers

The largest stocks on the US markets in the "Managed Health Care" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
UNH UNITEDHEALTH GROUP INC 15.75 299.75B
ELV ELEVANCE HEALTH INC 10.78 73.51B
HUM HUMANA INC 13.62 31.01B
CNC CENTENE CORP 9.49 18.84B
HQY HEALTHEQUITY INC 25.2 8.07B
MOH MOLINA HEALTHCARE INC 8.23 7.81B
ALHC ALIGNMENT HEALTHCARE INC N/A 3.91B
PGNY PROGYNY INC 38.13 2.07B
CLOV CLOVER HEALTH INVESTMENTS CO N/A 1.33B

About MGLN

Company Profile

MGLN logo image Magellan Health, Inc. engages in the business of healthcare management. The company is headquartered in Phoenix, Arizona and currently employs 9,000 full-time employees. The company went IPO on 2004-01-06. The firm provides managed care and pharmacy solutions for healthcare. The firm's segments include Healthcare, Pharmacy Management and Corporate. Its Healthcare includes carve-out management services for behavioral health, employee assistance plans (EAP) and other areas of specialty healthcare including diagnostic imaging, musculoskeletal management, cardiac and physical medicine. Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists of amounts not allocated to the Healthcare and Pharmacy Management segments. The firm provides services to health plans and other managed care organizations (MCOs), employers, labor unions, various military and governmental agencies and third party administrators (TPAs).

Company Info

MAGELLAN HEALTH INC

4801 E Washington St

Phoenix ARIZONA 85034 US

CEO: Kenneth J. Fasola

Employees: 9000

MGLN Company Website

Phone: 18006421716.0

MAGELLAN HEALTH INC / MGLN FAQ

Can you describe the business of MAGELLAN HEALTH INC?

Magellan Health, Inc. engages in the business of healthcare management. The company is headquartered in Phoenix, Arizona and currently employs 9,000 full-time employees. The company went IPO on 2004-01-06. The firm provides managed care and pharmacy solutions for healthcare. The firm's segments include Healthcare, Pharmacy Management and Corporate. Its Healthcare includes carve-out management services for behavioral health, employee assistance plans (EAP) and other areas of specialty healthcare including diagnostic imaging, musculoskeletal management, cardiac and physical medicine. Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists of amounts not allocated to the Healthcare and Pharmacy Management segments. The firm provides services to health plans and other managed care organizations (MCOs), employers, labor unions, various military and governmental agencies and third party administrators (TPAs).


What is the stock price of MAGELLAN HEALTH INC today?

The current stock price of MGLN is 94.99 null.


What is the dividend status of MAGELLAN HEALTH INC?

MGLN does not pay a dividend.


What is the ChartMill rating of MAGELLAN HEALTH INC stock?

MGLN has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 5 out of 10.


Can you provide the sector and industry classification for MAGELLAN HEALTH INC?

MAGELLAN HEALTH INC (MGLN) operates in the Health Care sector and the Health Care Providers & Services industry.


Is MAGELLAN HEALTH INC (MGLN) expected to grow?

The Revenue of MAGELLAN HEALTH INC (MGLN) is expected to grow by 8.27% in the next year. Check the estimates tab for more information on the EPS, Sales, EBIT and EBITDA future analyst estimates.


MGLN Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to MGLN. When comparing the yearly performance of all stocks, MGLN turns out to be only a medium performer in the overall market: it outperformed 49.92% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MGLN Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to MGLN. MGLN has an excellent financial health rating, but there are some minor concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MGLN Financial Highlights

Over the last trailing twelve months MGLN reported a non-GAAP Earnings per Share(EPS) of 1.09. The EPS decreased by -67.07% compared to the year before.


Industry RankSector Rank
PM (TTM) 6.26%
ROA 9%
ROE 15.61%
Debt/Equity 0.27
Chartmill High Growth Momentum
EPS Q2Q%-62.5%
Sales Q2Q%7.18%
EPS 1Y (TTM)-67.07%
Revenue 1Y (TTM)6.52%

MGLN Forecast & Estimates

6 analysts have analysed MGLN and the average price target is 96.9 null. This implies a price increase of 2.01% is expected in the next year compared to the current price of 94.99.

For the next year, analysts expect an EPS growth of 11.05% and a revenue growth 8.27% for MGLN


Analysts
Analysts43.33
Price Target96.9 (2.01%)
EPS Next Y11.05%
Revenue Next Year8.27%

MGLN Ownership

Ownership
Inst Owners1.27%
Ins Owners1.57%
Short Float %N/A
Short RatioN/A