Alignment Healthcare Llc Stock Today
| ALHC Stock | USD 5.18 0.17 3.39% |
Performance0 of 100
| Odds Of DistressLess than 32
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Alignment Healthcare is trading at 5.18 as of the 25th of April 2024, a 3.39 percent up since the beginning of the trading day. The stock's open price was 5.01. Alignment Healthcare has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Alignment Healthcare LLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 26th of March 2021 | Category Healthcare | Classification Health Care |
Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. The company was founded in 2013 and is based in Orange, California. Alignment Healthcare operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. The company has 188.98 M outstanding shares of which 3.94 M shares are presently shorted by private and institutional investors with about 3.12 trading days to cover. More on Alignment Healthcare LLC
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Alignment Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alignment Healthcare's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alignment Healthcare or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President, Founder | John Kao | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Providers & Services, Health Care Equipment & Services, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Health Care Providers & Services, Healthcare Plans, Healthcare (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Alignment Healthcare report their recommendations after researching Alignment Healthcare's financial statements, talking to executives and customers, or listening in on Alignment Healthcare's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alignment Healthcare LLC. The Alignment consensus assessment is calculated by taking the average forecast from all of the analysts covering Alignment Healthcare. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Alignment Healthcare's historical financial statements, Alignment Healthcare LLC is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Alignment Healthcare LLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Alignment Healthcare's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alignment Healthcare's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alignment Healthcare's financial leverage. It provides some insight into what part of Alignment Healthcare's total assets is financed by creditors.
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Alignment Healthcare LLC (ALHC) is traded on NASDAQ Exchange in USA. It is located in 1100 West Town and Country Road, Orange, CA, United States, 92868 and employs 1,536 people. Alignment Healthcare is listed under Health Care Providers & Services category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 978.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alignment Healthcare's market, we take the total number of its shares issued and multiply it by Alignment Healthcare's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alignment Healthcare LLC conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 188.98 M outstanding shares of which 3.94 M shares are presently shorted by private and institutional investors with about 3.12 trading days to cover.
Alignment Healthcare LLC currently holds about 567.45 M in cash with (59.19 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.03.
Check Alignment Healthcare Probability Of Bankruptcy
Ownership AllocationAlignment Healthcare LLC retains a total of 188.98 Million outstanding shares. The majority of Alignment Healthcare LLC outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Alignment Healthcare LLC to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Alignment Healthcare. Please pay attention to any change in the institutional holdings of Alignment Healthcare LLC as this could imply that something significant has changed or is about to change at the company. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Alignment Ownership Details
Alignment Stock Price Odds Analysis
What are Alignment Healthcare's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Alignment Healthcare jumping above the current price in 90 days from now is about 71.24%. The Alignment Healthcare LLC probability density function shows the probability of Alignment Healthcare stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Alignment Healthcare has a beta of 0.5808. This suggests as returns on the market go up, Alignment Healthcare average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Alignment Healthcare LLC will be expected to be much smaller as well. Additionally, alignment Healthcare LLC has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Alignment Healthcare to move above the current price in 90 days from now is about 71.24 (This Alignment Healthcare LLC probability density function shows the probability of Alignment Stock to fall within a particular range of prices over 90 days) .
Alignment Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Alignment Healthcare that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alignment Healthcare's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alignment Healthcare's value.| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2023-12-31 | 2 M | |
| State Street Corporation | 2023-12-31 | 2 M | |
| Hood River Capital Management Llc | 2023-12-31 | 2 M | |
| Renaissance Technologies Corp | 2023-12-31 | 1.2 M | |
| T. Rowe Price Associates, Inc. | 2023-12-31 | 1.1 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1 M | |
| Rhenman Partners Asset Management Ab | 2023-12-31 | 950 K | |
| Northern Trust Corp | 2023-12-31 | 806.4 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 751.3 K | |
| General Atlantic Llc | 2023-12-31 | 61 M | |
| Warburg Pincus Llc | 2023-12-31 | 17.9 M |
Alignment Healthcare Historical Income Statement
Alignment Healthcare LLC Income Statement is one of the three primary financial statements used for reporting Alignment's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alignment Healthcare LLC revenue and expense. Alignment Healthcare Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year's Total Other Income Expense Net is expected to grow to about 895.6 K, whereas Net Interest Income is forecasted to decline to (21.6 M). View More FundamentalsAlignment Stock Against Markets
Picking the right benchmark for Alignment Healthcare stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alignment Healthcare stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alignment Healthcare is critical whether you are bullish or bearish towards Alignment Healthcare LLC at a given time. Please also check how Alignment Healthcare's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Alignment Healthcare without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alignment Healthcare Corporate Management
Elected by the shareholders, the Alignment Healthcare's board of directors comprises two types of representatives: Alignment Healthcare inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alignment. The board's role is to monitor Alignment Healthcare's management team and ensure that shareholders' interests are well served. Alignment Healthcare's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alignment Healthcare's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Lisa Ferrari | Senior California | Profile | |
| Rob Scavo | Chief Officer | Profile | |
| Randall Fitzpatrick | Senior Product | Profile | |
| David Milligan | Senior California | Profile | |
| Richard Cross | Sr Counsel | Profile | |
| Amanda Root | VP Communications | Profile |
How to buy Alignment Stock?
Before investing in Alignment Healthcare, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alignment Healthcare. To buy Alignment Healthcare stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alignment Healthcare. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Alignment Healthcare stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alignment Healthcare LLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Alignment Healthcare LLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alignment Healthcare LLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Alignment Stock please use our How to Invest in Alignment Healthcare guide.
Already Invested in Alignment Healthcare LLC?
The danger of trading Alignment Healthcare LLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alignment Healthcare is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alignment Healthcare. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alignment Healthcare LLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Alignment Stock analysis
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.