The Question Is Whether To Buy Or Not To Buy Elevance Health Inc (NYSE: ELV)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Elevance Health Inc is listed on the NYSE as a member of the Healthcare sector and is a part of the Healthcare Plans industry. The current market capitalization of Elevance Health Inc is $88.40B. A total of 1.77 million shares were traded on the day, compared to an average of 1.96M shares.

In the most recent transaction, Kendrick Charles Morgan JR sold 7,417 shares of ELV for 432.14 per share on Oct 18 ’24. After the transaction, the EVP & President, Commercial now owns 8,423 company shares. In a previous transaction on Oct 18 ’24, Kendrick Charles Morgan JR bought 7,417 shares at 432.28 per share.

Among the insiders who sold shares, PERU RAMIRO G disposed of 753 shares on Aug 05 ’24 at a per-share price of $531.52. This resulted in the Director holding 8,744 shares of ELV after the transaction. In another insider transaction, RAMIRO G PERU bought 753 shares at $531.52 per share on Aug 05 ’24.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Elevance Health Inc pays an annual dividend of $6.52, resulting in a dividend yield of 1.71%, and it has a price to earnings (P/E) ratio of 13.89. ELV’s most recent ex-dividend date was 1.5% when it declared a $1.63 quarterly dividend that was paid in cash on 12/5/2024. Previously, the company paid the dividend on 9/10/2024 with an ex-dividend date of 1.3%. The ELV stock dividend was $1.63 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, ELV has a high of $567.26 and a low of $362.21.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. ELV’s latest balance sheet shows that the firm has $31.15B in Cash & Short Term Investments as of fiscal 2021. Its Book Value Per Share was $188.74, while its Total Shareholder’s Equity was $36.13B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for ELV is Buy with a score of 4.55.

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