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Alignment Healthcare Earnings Estimate

ALHC Stock  USD 4.96  0.17  3.55%   
The next projected EPS of Alignment Healthcare is estimated to be -0.22 with future projections ranging from a low of -0.25 to a high of -0.14. Alignment Healthcare's most recent 12-month trailing earnings per share (EPS TTM) is at -0.79. Please be aware that the consensus of earnings estimates for Alignment Healthcare LLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Covid
Alignment Healthcare is projected to generate -0.22 in earnings per share on the 31st of March 2024. Alignment Healthcare earnings estimates module stress-tests analyst consensus about projected Alignment Healthcare LLC EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Many public companies, such as Alignment Healthcare, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Alignment Healthcare's earnings estimates, investors can diagnose different trends across Alignment Healthcare's analyst sentiment over time as well as compare current estimates against different timeframes. The current year's Gross Profit Margin is expected to grow to 0.14, whereas Gross Profit is forecasted to decline to about 170.7 M.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alignment Healthcare LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.

Alignment Healthcare Earnings Estimation Breakdown

The calculation of Alignment Healthcare's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Alignment Healthcare is estimated to be -0.22 with the future projection ranging from a low of -0.25 to a high of -0.14. Please be aware that this consensus of annual earnings estimates for Alignment Healthcare LLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
-0.25
-0.25
Lowest
Expected EPS
-0.22
-0.14
Highest

Alignment Healthcare Earnings Projection Consensus

Suppose the current estimates of Alignment Healthcare's value are higher than the current market price of the Alignment Healthcare stock. In this case, investors may conclude that Alignment Healthcare is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Alignment Healthcare's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2024Current EPS (TTM)
080.1%
-0.25
-0.22
-0.79

Alignment Healthcare Earnings History

Earnings estimate consensus by Alignment Healthcare LLC analysts from Wall Street is used by the market to judge Alignment Healthcare's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Alignment Healthcare's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Alignment Healthcare Quarterly Gross Profit

47.62 Million

The current year's Price Earnings To Growth Ratio is expected to grow to 2.36, whereas Retained Earnings are projected to grow to (836.2 M). The current year's Common Stock Shares Outstanding is expected to grow to about 193.3 M, whereas Net Loss is forecasted to decline to (141.3 M).
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alignment Healthcare's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.284.969.64
Details
Intrinsic
Valuation
LowRealHigh
0.234.519.19
Details
Naive
Forecast
LowNextHigh
0.725.4010.07
Details
12 Analysts
Consensus
LowTargetHigh
8.759.6110.67
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alignment Healthcare. Your research has to be compared to or analyzed against Alignment Healthcare's peers to derive any actionable benefits. When done correctly, Alignment Healthcare's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alignment Healthcare LLC. Note that many institutional investors and large investment bankers can move markets due to the volume of Alignment assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Alignment Healthcare. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Alignment Healthcare's stock price in the short term.

Alignment Healthcare Earnings per Share Projection vs Actual

Actual Earning per Share of Alignment Healthcare refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Alignment Healthcare LLC predict the company's earnings will be in the future. The higher the earnings per share of Alignment Healthcare, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Alignment Healthcare Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Alignment Healthcare, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Alignment Healthcare should always be considered in relation to other companies to make a more educated investment decision.

Alignment Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Alignment Healthcare'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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-27
2023-12-31-0.22-0.25-0.0313 
2023-11-02
2023-09-30-0.18-0.180.0
2023-08-03
2023-06-30-0.22-0.150.0731 
2023-05-04
2023-03-31-0.25-0.20.0520 
2023-02-28
2022-12-31-0.3-0.31-0.01
2022-11-03
2022-09-30-0.25-0.220.0312 
2022-08-04
2022-06-30-0.26-0.060.276 
2022-05-05
2022-03-31-0.25-0.230.02
2022-03-03
2021-12-31-0.3-0.270.0310 
2021-11-04
2021-09-30-0.17-0.26-0.0952 
2021-08-09
2021-06-30-0.11-0.25-0.14127 
2021-05-17
2021-03-31-0.19-0.37-0.1894 
2021-03-29
2020-12-310-0.1866-0.1866
2020-09-30
2020-06-3000.07120.0712
2020-06-30
2020-03-3100.05460.0546
2020-03-31
2019-12-310-0.0716-0.0716

About Alignment Healthcare Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Alignment Healthcare earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Alignment Healthcare estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Alignment Healthcare fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2024
Retained Earnings-880.3 M-836.2 M
Retained Earnings Total Equity-517.4 M-543.2 M
Price Earnings Ratio(10.83)(11.37)
Price Earnings To Growth Ratio 2.25  2.36 
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alignment Healthcare in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alignment Healthcare's short interest history, or implied volatility extrapolated from Alignment Healthcare options trading.

Pair Trading with Alignment Healthcare

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alignment Healthcare position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alignment Healthcare will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Alignment Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alignment Healthcare when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alignment Healthcare - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alignment Healthcare LLC to buy it.
The correlation of Alignment Healthcare is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alignment Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alignment Healthcare LLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alignment Healthcare can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Alignment Healthcare LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alignment Healthcare's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alignment Healthcare Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alignment Healthcare Llc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alignment Healthcare LLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the Alignment Healthcare LLC information on this page should be used as a complementary analysis to other Alignment Healthcare's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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When running Alignment Healthcare's price analysis, check to measure Alignment Healthcare's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alignment Healthcare is operating at the current time. Most of Alignment Healthcare's value examination focuses on studying past and present price action to predict the probability of Alignment Healthcare's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alignment Healthcare's price. Additionally, you may evaluate how the addition of Alignment Healthcare to your portfolios can decrease your overall portfolio volatility.
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Is Alignment Healthcare's industry 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 Alignment Healthcare. If investors know Alignment 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 Alignment Healthcare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.79)
Revenue Per Share
9.793
Quarterly Revenue Growth
0.286
Return On Assets
(0.13)
Return On Equity
(0.75)
The market value of Alignment Healthcare LLC is measured differently than its book value, which is the value of Alignment that is recorded on the company's balance sheet. Investors also form their own opinion of Alignment Healthcare's value that differs from its market value or its book value, called intrinsic value, which is Alignment Healthcare'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 Alignment Healthcare's market value can be influenced by many factors that don't directly affect Alignment Healthcare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alignment Healthcare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alignment Healthcare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alignment Healthcare'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.