Somewhat Favorable News Coverage Somewhat Unlikely to Impact Anthem (ANTM) Share Price
News headlines about Anthem (NYSE:ANTM) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Anthem earned a media sentiment score of 0.23 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.8822750554142 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern’s scoring:
- Anthem’s Board Welcomes Antonio Neri as New Director (finance.yahoo.com)
- Anthem (ANTM) to Buyback $5.00 billion in Outstanding Stock (americanbankingnews.com)
- Anthem (ANTM) a Strong Buy on Stellar Quant Score – Investorplace.com (investorplace.com)
- These 3 Healthcare Stock Dividends Could Soar If Trump Signs a Tax Reform Bill (finance.yahoo.com)
- Anthem, Inc. (ANTM) Given Average Rating of “Buy” by Analysts (americanbankingnews.com)
Anthem (NYSE:ANTM) traded up $1.21 during trading hours on Monday, hitting $224.85. The company had a trading volume of 981,300 shares, compared to its average volume of 1,599,523. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.51 and a current ratio of 1.51. Anthem has a fifty-two week low of $140.50 and a fifty-two week high of $236.39. The firm has a market capitalization of $57,732.60, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.76 and a beta of 0.79.
Anthem (NYSE:ANTM) last released its quarterly earnings results on Wednesday, October 25th. The company reported $2.65 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.40 by $0.25. Anthem had a return on equity of 12.97% and a net margin of 3.35%. The business had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $22.10 billion. During the same quarter in the previous year, the firm posted $2.45 earnings per share. The company’s revenue was up 4.6% compared to the same quarter last year. equities research analysts expect that Anthem will post 11.97 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 21st. Investors of record on Tuesday, December 5th will be paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 1.25%. The ex-dividend date of this dividend is Monday, December 4th. Anthem’s dividend payout ratio (DPR) is 25.32%.
Anthem declared that its board has approved a stock buyback program on Thursday, December 7th that allows the company to repurchase $5.00 billion in outstanding shares. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.
Several equities research analysts have recently weighed in on the company. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $215.00 target price on shares of Anthem in a research report on Wednesday, September 20th. BMO Capital Markets assumed coverage on Anthem in a research report on Monday, October 16th. They issued a “market perform” rating for the company. B. Riley reaffirmed a “buy” rating on shares of Anthem in a research report on Wednesday, December 6th. Jefferies Group reaffirmed a “hold” rating and issued a $204.00 target price on shares of Anthem in a research report on Sunday, August 20th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $202.00 target price on shares of Anthem in a research report on Wednesday, October 4th. Eight analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $201.07.
In other Anthem news, insider Joseph Swedish sold 21,125 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of $190.63, for a total transaction of $4,027,058.75. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Ronald W. Penczek sold 978 shares of the company’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $217.42, for a total value of $212,636.76. Following the sale, the senior vice president now owns 1,222 shares in the company, valued at approximately $265,687.24. The disclosure for this sale can be found here. Insiders have sold 65,955 shares of company stock worth $13,907,287 in the last 90 days. 0.36% of the stock is currently owned by insiders.
Anthem Company Profile
Anthem, Inc is a health benefits company. The Company operates through three segments: Commercial and Specialty Business, Government Business and Other. It offers a spectrum of network-based managed care plans to large and small employer, individual, Medicaid and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; indemnity plans and other hybrid plans, including consumer-driven health plans; and hospital only and limited benefit products.
Receive News & Ratings for Anthem Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anthem Inc. and related companies with MarketBeat.com's FREE daily email newsletter.