Clover Health Investments Stock Shares Outstanding
| CLOV Stock | USD 2.91 0.12 3.96% |
Clover Health Investments fundamentals help investors to digest information that contributes to Clover Health's financial success or failures. It also enables traders to predict the movement of Clover Stock. The fundamental analysis module provides a way to measure Clover Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clover Health stock.
Common Stock Shares Outstanding is likely to drop to about 344 M in 2024. Clover | Shares Outstanding |
Clover Health Investments Company Shares Outstanding Analysis
Clover Health's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Clover Health Shares Outstanding | 407.82 M |
Most of Clover Health's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clover Health Investments is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Clover Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Clover Health is extremely important. It helps to project a fair market value of Clover Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Clover Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clover Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clover Health's interrelated accounts and indicators.
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Clover Shares Outstanding Historical Pattern
Today, most investors in Clover Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Clover Health's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Clover Health shares outstanding as a starting point in their analysis.
Clover Health Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Clover Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Clover Health Investments has 407.82 M of shares currently outstending. This is 125.9% higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The shares outstanding for all United States stocks is 28.68% higher than that of the company.
Clover Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clover Health's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clover Health could also be used in its relative valuation, which is a method of valuing Clover Health by comparing valuation metrics of similar companies.Clover Health is currently under evaluation in shares outstanding category among its peers.
Clover Health Current Valuation Drivers
We derive many important indicators used in calculating different scores of Clover Health from analyzing Clover Health's financial statements. These drivers represent accounts that assess Clover Health's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Clover Health's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 1.1B | 1.5B | 1.5B | 442.7M | 459.1M | 436.1M | |
| Enterprise Value | 1.0B | 1.5B | 1.3B | 344.7M | 340.9M | 323.8M |
Clover Health ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Clover Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Clover Health's managers, analysts, and investors.Environmental | Governance | Social |
Clover Fundamentals
| Return On Equity | -0.37 | ||||
| Return On Asset | -0.065 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 1.07 B | ||||
| Shares Outstanding | 407.82 M | ||||
| Shares Owned By Insiders | 9.13 % | ||||
| Shares Owned By Institutions | 18.59 % | ||||
| Number Of Shares Shorted | 20.09 M | ||||
| Price To Book | 4.46 X | ||||
| Price To Sales | 0.69 X | ||||
| Revenue | 2.03 B | ||||
| Gross Profit | 126.19 M | ||||
| EBITDA | (180.16 M) | ||||
| Net Income | (213.36 M) | ||||
| Cash And Equivalents | 711.78 M | ||||
| Cash Per Share | 1.49 X | ||||
| Total Debt | 4.66 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 0.66 X | ||||
| Cash Flow From Operations | (115.87 M) | ||||
| Short Ratio | 1.77 X | ||||
| Earnings Per Share | (0.24) X | ||||
| Price To Earnings To Growth | (0.08) X | ||||
| Target Price | 2.24 | ||||
| Number Of Employees | 552 | ||||
| Beta | 2.14 | ||||
| Market Capitalization | 1.45 B | ||||
| Total Asset | 570.67 M | ||||
| Retained Earnings | (2.16 B) | ||||
| Working Capital | 166.85 M | ||||
| Net Asset | 570.67 M |
About Clover Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clover Health Investments's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clover Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clover Health Investments based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Clover Stock Analysis
When running Clover Health's price analysis, check to measure Clover Health'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 Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.