WellCare Health Plans (WCG) Stock Price, News & Analysis

Company Overview

WellCare Health Plans, Inc. provides government-sponsored managed care services. The company operates in three segments: Medicaid Health Plans, Medicare Health Plans, and Medicare Prescription Drug Plans (PDPs). The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state-based programs, such as children's health insurance programs and long-term services and supports programs for qualifying families who are not eligible for Medicaid. The Medicare Health Plans segment provides Medicare, a federal program that provides eligible persons aged 65 and over, as well as some disabled persons with a range of hospital, medical, and prescription drug benefits; Medicare Advantage, a Medicare's managed care alternative to the original Medicare program, which offers individuals standard Medicare benefits directly through Centers for Medicare & Medicaid Services; and coordinated care plans that are administered through health maintenance organizations and require members to seek health care services and select a primary care physician from a network of health care providers. The Medicare PDPs segment provides Medicare part D PDP plans to Medicare-eligible beneficiaries. Its PDP plans offer national in-network prescription drug coverage, including a preferred pharmacy network. As of December 31, 2018, the company served approximately 5.5 million members in the United States. WellCare Health Plans, Inc. was founded in 1985 and is headquartered in Tampa, Florida.

Key Stats

• Today's Range: $339.88 to $350.17
• 50-Day Range: $349.92 to $349.92
• 52-Week Range: $228.56 to $350.17
• Volume: 2.06 million shs
• Average Volume: 552,393 shs
• Market Capitalization: $17.61 billion
• P/E Ratio: 28.15
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

WCG Stock Analysis - Frequently Asked Questions

How were WellCare Health Plans' earnings last quarter?

WellCare Health Plans, Inc. (NYSE:WCG) announced its quarterly earnings results on Wednesday, October, 30th. The company reported $5.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.93 by $1.57. The company's revenue was up 41.2% on a year-over-year basis.

What other stocks do shareholders of WellCare Health Plans own?

Based on aggregate information from My MarketBeat watchlists, some other companies that WellCare Health Plans investors own include Chipotle Mexican Grill (CMG), UnitedHealth Group (UNH), AutoZone (AZO), NVIDIA (NVDA), American Express (AXP), Salesforce (CRM) and Boeing (BA).

Company Calendar

• Last Earnings: 10/30/2019
• Today: 12/21/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Hospital & Medical Service Plans
• Sub-Industry: Managed Health Care
• Current Symbol: NYSE:WCG
• CUSIP: 94946T10
• CIK: 1279363
• Web: www.wellcare.com
• Phone: 813-290-6200
• Fax: N/A
• Employees: 12,000
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $11.03
• Trailing P/E Ratio: 28.15
• Forward P/E Ratio: 22.27
• P/E Growth: 1.38
• Net Income: $439.80 million
• Net Margins: 2.34%
• Pretax Margin: N/A
• Return on Equity: 17.00%
• Return on Assets: 5.91%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 1.16
• Quick Ratio: 1.16

Sales & Book Value

• Annual Sales: $20.41 billion
• Price / Sales: 0.86
• Cash Flow: $14.04 per share
• Price / Cash Flow: 24.92
• Book Value: $84.81 per share
• Price / Book: 4.13

Miscellaneous

• Outstanding Shares: 50,328,000
• Free Float: N/A
• Market Cap: $17.61 billion
• Optionable: Optionable
• Beta: 0.93