Magellan Stock Today

Magellan Health is currently unavailable and cannot be used in your analysis. The information on this page reflects the last day Magellan Health was actively traded.
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Magellan Health 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. If you consider yourself one of those investors, make sure you clearly understand your entering position. Magellan Health's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magellan Health or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
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Magellan Health Fama & French Healthcare
Healthcare
Fama & French Classification
Magellan Health SEC Filings
Magellan Health SEC Filings Security & Exchange Commission EDGAR Reports
CEO of Magellan HealthcareSanjeev Srivastava  (View All)
Thematic Classifications
Active investing themes Magellan currently participates. An investing theme is an unweighted collection of funds, stocks, ETFs or cryptocurrencies
(view all).
Average Analyst Recommendation
Analysts covering Magellan Health report their recommendations after researching Magellan Health's financial statements, talking to executives and customers, or listening in on Magellan Health's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Magellan Health. The Magellan consensus assessment is calculated by taking the average forecast from all of the analysts covering Magellan Health.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Magellan Health based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Magellan Health financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 7 - StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares23.1 M23 M
Slightly Up
Decreasing
Slightly volatile
Weighted Average Shares Diluted27.8 M28 M
Slightly Down
Decreasing
Slightly volatile
Net Cash Flow from Operations559.3 M518.4 M
Significantly Up
Increasing
Slightly volatile
Total Assets3.4 B3.9 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities1.5 B1.7 B
Significantly Down
Increasing
Slightly volatile
Current Assets2.1 B2.5 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities856.4 M848.2 M
Slightly Up
Increasing
Slightly volatile
Total Debt683.1 M734.1 M
Significantly Down
Increasing
Slightly volatile
Return on Average Assets0.110.1
Significantly Up
Decreasing
Very volatile
Gross Margin0.03450.0234
Way Up
Decreasing
Slightly volatile
Asset Turnover1.461.24
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Magellan Health's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedOvervalued
Financial Strength
Magellan Health's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Magellan Health'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 Magellan Health's financial leverage. It provides some insight into what part of Magellan Health's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Magellan Health's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Magellan Health deploys its capital and how much of that capital is borrowed.
Liquidity
Magellan Health cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 562.64 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Magellan Health has a current ratio of 2.86, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Magellan Health until it has trouble settling it off, either with new capital or with free cash flow. So, Magellan Health's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Magellan Health sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Magellan to invest in growth at high rates of return. When we think about Magellan Health's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

559.3 MillionShare
Magellan Health (MGLN) is traded on NASDAQ Exchange in USA. It is located in 4801 E. Washington Street, Phoenix, AZ 85034, United States and employs 9,000 people. Magellan Health is listed under Healthcare category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magellan Health's market, we take the total number of its shares issued and multiply it by Magellan Health'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 these looking for more risk prefer small-cap and mid-cap equities. Magellan Health conducts business under Healthcare sector and is part of Healthcare Plans industry. The entity has 26.33 M outstanding shares of which 1.16 M shares are now shorted by private and institutional investors with about 9.84 trading days to cover. Magellan Health currently holds about 1.01 B in cash with 185.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 38.44.
Check Magellan Health Probability Of Bankruptcy

Magellan Stock Price Odds Analysis

What are Magellan Health's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Magellan Health jumping above the current price in 90 days from now is nearly 4.78%. The Magellan Health probability density function shows the probability of Magellan Health stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Magellan Health has a beta of 0.012. This indicates as returns on the market go up, Magellan Health average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Magellan Health will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Magellan Health is significantly underperforming DOW.
  Odds Below 94.99HorizonTargetOdds Above 94.99
93.80%90 days
 94.99 
4.78%
Based on a normal probability distribution, the odds of Magellan Health to move above the current price in 90 days from now is nearly 4.78 (This Magellan Health probability density function shows the probability of Magellan Stock to fall within a particular range of prices over 90 days) .

Magellan Health Historical Income Statement

Magellan Health Income Statement is one of the three primary financial statements used for reporting Magellan's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Magellan Health revenue and expense. Magellan Health Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Magellan Health Net Income Common Stock is quite stable at the moment as compared to the past year. The company's current value of Net Income Common Stock is estimated at 474.4 Million. Weighted Average Shares is expected to rise to about 23.1 M this year, although the value of Direct Expenses will most likely fall to about 4 B. View More Fundamentals

Magellan Stock Against Markets

Picking the right benchmark for Magellan Health 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 Magellan Health 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 Magellan Health is critical whether you are bullish or bearish towards Magellan Health at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magellan Health stock to make a market-neutral strategy. Peer analysis of Magellan Health could also be used in its relative valuation, which is a method of valuing Magellan Health by comparing valuation metrics with similar companies.

Magellan Health Corporate Directors

Magellan Health corporate directors refer to members of a Magellan Health board of directors. The board of directors generally takes responsibility for the Magellan Health's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Magellan Health's board members must vote for the resolution. The Magellan Health board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Eran Broshy - Independent DirectorProfile
Swati Abbott - DirectorProfile
Scott MacKenzie - Independent DirectorProfile
Mary Sammons - Independent DirectorProfile

Investing Magellan Health

You need to understand the risk of investing before taking a position in Magellan Health. The danger of trading Magellan Health 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 Magellan Health 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 Magellan Health. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Magellan Health 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.
Additionally, see Stocks Correlation. Note that the Magellan Health information on this page should be used as a complementary analysis to other Magellan Health'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Tools for Magellan Stock

When running Magellan Health price analysis, check to measure Magellan 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 Magellan Health is operating at the current time. Most of Magellan Health's value examination focuses on studying past and present price action to predict the probability of Magellan Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Magellan Health's price. Additionally, you may evaluate how the addition of Magellan Health to your portfolios can decrease your overall portfolio volatility.
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