Is MultiPlan Stock a Good Investment?
MultiPlan Investment Advice | MPLN |
- Examine MultiPlan's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research MultiPlan's leadership team and their track record. Good management can help MultiPlan navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact MultiPlan's business and its evolving consumer preferences.
- Compare MultiPlan's performance and market position to its competitors. Analyze how MultiPlan is positioned in terms of product offerings, innovation, and market share.
- Check if MultiPlan pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about MultiPlan's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in MultiPlan stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if MultiPlan is a good investment.
Sell | Buy |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine MultiPlan Stock
Researching MultiPlan's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 82.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.54. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. MultiPlan has Price/Earnings To Growth (PEG) ratio of 1.03. The entity recorded a loss per share of 95.28. The firm had not issued any dividends in recent years. MultiPlan had 1:40 split on the 23rd of September 2024.
To determine if MultiPlan is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding MultiPlan's research are outlined below:
| MultiPlan generated a negative expected return over the last 90 days | |
| MultiPlan has high historical volatility and very poor performance | |
| MultiPlan has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 961.52 M. Net Loss for the year was (91.7 M) with profit before overhead, payroll, taxes, and interest of 875.62 M. | |
| Over 82.0% of the company shares are owned by institutional investors | |
| Latest headline from MacroaxisInsider: Insider Trading |
MultiPlan Quarterly Accounts Payable |
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MultiPlan uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in MultiPlan. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to MultiPlan's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 27th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact MultiPlan's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises MultiPlan's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-08-02 | 2023-06-30 | -0.05 | -0.06 | -0.01 | 20 | ||
2022-02-17 | 2021-12-31 | 0.05 | 0.04 | -0.01 | 20 | ||
2024-05-08 | 2024-03-31 | -0.05 | -0.03 | 0.02 | 40 | ||
2023-11-07 | 2023-09-30 | -0.06 | -0.04 | 0.02 | 33 | ||
2022-08-04 | 2022-06-30 | 0.04 | 0.02 | -0.02 | 50 | ||
2021-08-05 | 2021-06-30 | 0.02 | 0.04 | 0.02 | 100 | ||
2021-05-13 | 2021-03-31 | 0.01 | 0.03 | 0.02 | 200 | ||
2024-08-01 | 2024-06-30 | -0.06 | -0.03 | 0.03 | 50 |
Know MultiPlan's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as MultiPlan is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading MultiPlan backward and forwards among themselves. MultiPlan's institutional investor refers to the entity that pools money to purchase MultiPlan's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Empowered Funds, Llc | 2024-06-30 | 1.7 M | State Street Corp | 2024-06-30 | 1.5 M | Susquehanna International Group, Llp | 2024-06-30 | 1.3 M | Leonard Green Partners Lp | 2024-09-30 | 961.2 K | Qube Research & Technologies | 2024-06-30 | 765.5 K | Ares Management Llc | 2024-09-30 | 749.7 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 718.6 K | Hrt Financial Llc | 2024-06-30 | 597.9 K | Cpv Partners, Llc | 2024-09-30 | 495.3 K | H&f Corporate Investors Viii, Ltd. | 2024-06-30 | 215.5 M | Public Investment Fund | 2024-06-30 | 51.2 M |
MultiPlan's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 112.23 M.Market Cap |
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MultiPlan's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.18) | (0.19) | |
| Return On Capital Employed | 0.03 | 0.04 | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.05) | (0.06) |
Determining MultiPlan's profitability involves analyzing its financial statements and using various financial metrics to determine if MultiPlan is a good buy. For example, gross profit margin measures MultiPlan's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of MultiPlan's profitability and make more informed investment decisions.
Evaluate MultiPlan's management efficiency
MultiPlan has return on total asset (ROA) of 0.0129 % which means that it generated a profit of $0.0129 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (1.573) %, meaning that it created substantial loss on money invested by shareholders. MultiPlan's management efficiency ratios could be used to measure how well MultiPlan manages its routine affairs as well as how well it operates its assets and liabilities. As of the 25th of November 2024, Return On Capital Employed is likely to grow to 0.04, while Return On Tangible Assets are likely to drop (0.19). At this time, MultiPlan's Total Current Assets are very stable compared to the past year. As of the 25th of November 2024, Non Currrent Assets Other is likely to grow to about 7.1 M, while Net Tangible Assets are likely to drop (5.9 B).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 2.65 | 2.52 | |
| Tangible Book Value Per Share | (7.37) | (7.74) | |
| Enterprise Value Over EBITDA | 63.90 | 60.70 | |
| Price Book Value Ratio | 21.74 | 35.62 | |
| Enterprise Value Multiple | 63.90 | 60.70 | |
| Price Fair Value | 21.74 | 35.62 | |
| Enterprise Value | 47.9 B | 45.5 B |
The decision-making processes within MultiPlan are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Beta 0.64 |
Basic technical analysis of MultiPlan Stock
As of the 25th of November, MultiPlan secures the Standard Deviation of 7.73, mean deviation of 5.89, and Risk Adjusted Performance of (0.02). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of MultiPlan, as well as the relationship between them.MultiPlan's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific MultiPlan insiders, such as employees or executives, is commonly permitted as long as it does not rely on MultiPlan's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases MultiPlan insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
MultiPlan's Outstanding Corporate Bonds
MultiPlan issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. MultiPlan uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most MultiPlan bonds can be classified according to their maturity, which is the date when MultiPlan has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| US62548LAA08 Corp BondUS62548LAA08 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand MultiPlan's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing MultiPlan's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 5.89 | |||
| Coefficient Of Variation | (2,946) | |||
| Standard Deviation | 7.73 | |||
| Variance | 59.79 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.49) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 36.45 | |||
| Value At Risk | (12.14) | |||
| Potential Upside | 12.78 | |||
| Skewness | 0.566 | |||
| Kurtosis | 0.9775 |
| Risk Adjusted Performance | (0.02) | |||
| Market Risk Adjusted Performance | (0.15) | |||
| Mean Deviation | 5.89 | |||
| Coefficient Of Variation | (2,946) | |||
| Standard Deviation | 7.73 | |||
| Variance | 59.79 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.49) | |||
| Treynor Ratio | (0.16) | |||
| Maximum Drawdown | 36.45 | |||
| Value At Risk | (12.14) | |||
| Potential Upside | 12.78 | |||
| Skewness | 0.566 | |||
| Kurtosis | 0.9775 |
Consider MultiPlan's intraday indicators
MultiPlan intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of MultiPlan stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
MultiPlan Corporate Filings
F4 | 19th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
10Q | 6th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 5th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
MultiPlan Stock media impact
Far too much social signal, news, headlines, and media speculation about MultiPlan that are available to investors today. That information is available publicly through MultiPlan media outlets and privately through word of mouth or via MultiPlan internal channels. However, regardless of the origin, that massive amount of MultiPlan data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of MultiPlan news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of MultiPlan relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to MultiPlan's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive MultiPlan alpha.
MultiPlan Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards MultiPlan can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
MultiPlan Corporate Management
| P Philbrick | Independent Director | Profile | |
| William Veghte | Independent Director | Profile | |
| Bruce Singleton | Senior Strategy | Profile | |
| Danielle Dupre | Chief Officer | Profile | |
| Lucas CFA | Senior Relations | Profile | |
| Tara ONeil | General Counsel | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MultiPlan. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in MultiPlan Stock, please use our How to Invest in MultiPlan guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of MultiPlan. If investors know MultiPlan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about MultiPlan listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share (95.28) | Revenue Per Share 58.328 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0129 |
The market value of MultiPlan is measured differently than its book value, which is the value of MultiPlan that is recorded on the company's balance sheet. Investors also form their own opinion of MultiPlan's value that differs from its market value or its book value, called intrinsic value, which is MultiPlan's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because MultiPlan's market value can be influenced by many factors that don't directly affect MultiPlan's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between MultiPlan's value and its price, as these two are different measures arrived at by various means. Investors typically determine if MultiPlan is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MultiPlan's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.