Alignment Healthcare Llc Stock Today
| ALHC Stock | USD 13.28 0.01 0.08% |
Performance12 of 100
| Odds Of DistressLess than 16
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Alignment Healthcare is trading at 13.28 as of the 5th of November 2024, a 0.08 percent decrease since the beginning of the trading day. The stock's open price was 13.29. Alignment Healthcare has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during 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 6th of October 2024 and ending today, the 5th of November 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 191.7 M outstanding shares of which 4.42 M shares are presently shorted by private and institutional investors with about 2.55 trading days to cover. More on Alignment Healthcare LLC
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Alignment Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsAlignment Healthcare can leverage 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 'Mid-Cap' category with a current market capitalization of 2.48 B. Alignment Healthcare LLC conducts business under Health Care Providers & Services sector and is part of Health Care industry. The entity has 191.7 M outstanding shares of which 4.42 M shares are presently shorted by private and institutional investors with about 2.55 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.
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Ownership AllocationAlignment Healthcare holds a total of 191.7 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. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Alignment Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2024-06-30 | 2.4 M | |
| State Street Corp | 2024-06-30 | 2.2 M | |
| Millennium Management Llc | 2024-06-30 | 1.7 M | |
| Rhenman Partners Asset Management Ab | 2024-06-30 | 1.6 M | |
| Renaissance Technologies Corp | 2024-06-30 | 1.6 M | |
| Citadel Advisors Llc | 2024-06-30 | 1.3 M | |
| Charles Schwab Investment Management Inc | 2024-06-30 | 825.8 K | |
| Northern Trust Corp | 2024-06-30 | 745.3 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 632.5 K | |
| General Atlantic Llc | 2024-06-30 | 61 M | |
| Warburg Pincus Llc | 2024-06-30 | 17.9 M |
Alignment Healthcare Historical Income Statement
Alignment Stock Against Markets
Alignment Healthcare Corporate Management
| 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 |
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 closely tied with the direction of predictive economic indicators such as signals in rate. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Health Care Providers & Services 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 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 (0.76) | Revenue Per Share 12.994 | Quarterly Revenue Growth 0.516 | Return On Assets (0.10) | Return On Equity (0.95) |
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.