BHG Company Profile and Key Details

Q: Who are the executives of BHG?

Mr. Brett ErhardtChief Strategy & Growth OfficerMr. Stephen Rodgers Hagan C.F.A.Director of Investor RelationsMr. Simeon SchindelmanChief Executive Officer of Bright HealthCareMr. Robert John SheehyCo-Founder & ChairmanDr. Tomas David Valdivia M.S.Co-Founder and Chief Health & Equity OfficerMr. Jeffrey Scott CookChief Operating OfficerMr. Jeff CraigGen. Counsel & Corporation Sec.Mr. George Lawrence Mikan IIIVice Chairman, Chief Executive Officer & PresMr. Jay Stephen MatushakSenior Vice President of Fin.Mr. Jeffrey Joseph SchermanChief Accounting Officer

NYSE : BHG

Bright Health Group

$16.35

1.4+9.36%

At Close 4:00 PM

Not Actively Trading

78.64

BESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Bright Health Group, Inc. (BHG) stock surged +9.36%, trading at $16.35 on NYSE, up from the previous close of $14.95. The stock opened at $15.00, fluctuating between $14.52 and $16.35 in the recent session.

Stock Snapshot

14.95

Prev. Close

130.51M

Market Cap

14.52

Day Low

-0.12003523970339916

P/E Ratio

-136.21

EPS (TTM)

-356.4

Cash Flow per Share

Open

7.98M

Number of Shares

16.35

Day High

42.1%

Free Float in %

-158.91

Book Value

29.25K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Feb 20, 2024	8.15	8.51	7.80	8.21	4.92K
Feb 16, 2024	8.28	8.35	7.94	8.21	2.94K
Feb 15, 2024	7.50	8.76	7.11	8.38	49.8K
Feb 14, 2024	7.12	7.49	7.12	7.40	6.55K
Feb 13, 2024	7.01	7.44	6.91	7.35	4.95K
Feb 12, 2024	6.76	7.44	6.76	7.23	6.77K
Feb 09, 2024	6.71	7.45	6.40	7.27	10.65K
Feb 08, 2024	7.42	7.42	6.74	6.94	8.75K
Feb 07, 2024	7.42	7.46	7.09	7.31	7.13K
Feb 06, 2024	6.44	7.45	6.44	7.26	41.15K
Feb 05, 2024	6.53	6.85	5.98	6.60	24.52K
Feb 02, 2024	6.99	8.04	5.25	6.53	158.21K
Feb 01, 2024	11.11	11.85	6.04	6.25	201.86K
Jan 31, 2024	11.12	11.42	11.03	11.24	3.8K
Jan 30, 2024	12.91	13.33	11.14	11.29	26.84K
Jan 29, 2024	16.50	16.59	13.12	13.12	59.96K
Jan 26, 2024	15.00	16.35	14.52	16.35	29.25K
Jan 25, 2024	14.66	15.00	13.97	14.95	15.2K
Jan 24, 2024	13.25	14.98	12.90	14.45	84.41K
Jan 23, 2024	12.25	13.33	12.20	13.25	26.94K

Contact Details

Minneapolis, MN 55437

United States

https://www.brighthealthgroup.com 612 238 1321

About Company

Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, NeueHealth and Bright HealthCare. The NeueHealth segment delivers virtual and in-person clinical care services to patients under contracts through its owned and affiliated primary care clinics. As of December 31, 2021, it worked with approximately 260,000 care provider partners; and operated 180 managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers commercial and medicare health plan products to consumers in 14 states and 99 markets. The company was formerly known as Bright Health Inc. and changed its name to Bright Health Group, Inc. in February 2021. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota.

Stock Peers

ELV

-8.35-2.45%

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12.82+4.72%

Cigna Corporation$284.53 UNH

-7.37-2.67%

UnitedHealth Group Incorporated$268.55 HUM

1.48+0.77%

Humana Inc.$193.55 MOH

-1.23-0.69%

Molina Healthcare, Inc.$176.81 CVS

1.09+1.45%

CVS Health Corporation$76.33 CNC

-1.04-2.54%

Centene Corporation$39.92 OSCR

-0.71-5.37%

Oscar Health, Inc.$12.51

Company Overview

Bright Health Group, Inc. (NYSE:BHG) closed at $16.35 USD, gaining $1.40 (9.36%) from the previous close of $14.95. The stock is currently mid-range between its 52-week high and low $4.94 and $76.88. With a market capitalization of about $130.51 million, Bright Health Group, Inc. is classified as a micro-cap and shows market-like volatility (beta ~0.94). Key stats such as the average daily volume over the past year has been around 49.60 thousand shares, volume is running light vs its 52-week average. Headquartered in Minneapolis, MN, Bright Health Group, Inc. operates in the Healthcare sector and the Medical - Healthcare Plans industry. Led by CEO George Lawrence Mikan III, the company employs approximately 2,840 people and listed since June 24, 2021. Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States.

Technical Performance

BHG has shown sold momentum, gaining 39.61% over the past week and 103.81% over the past quarter, though year-to-date performance is up 89.38%. Short-term trend indicators are mixed aligned (SMA20 54.27%, SMA50 99.3%, SMA200 63.15%). The stock’s 14-day RSI is 80.0 (overbought), while the ATR of 1.27 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -80.16% below its high and over 230.97% above its low.

Valuation Metrics

Bright Health Group, Inc. trades at a P/E ratio of 0.17, slightly below the S&P 500 average, with a price-to-sales ratio of 0.18 and a price-to-book ratio of -0.11 indicating negative book value, which may reflect financial stress. The P/FCF stands at 0.06, also above market averages.

Dividend & Fair Value

Dividend and splits history remains an important factor for investors monitoring long-term returns.

Earnings & Analyst Outlook

Bright Health Group, Inc. generated EPS of -$208.13 over the past year. Five-year average earnings growth is -120.71%. Wall Street analysts project EPS growth of 44.8% annually over the next five years. The latest quarter delivered EPS of -$30.47. The next quarter is forecast at -$3.77. Next year's EPS is expected at $69.78. Bright Health Group, Inc. earnings surprise history is a consistent trend of beating forecasts. The quarter that ended March 06, 2024, missed forecasts by 324.92%. The prior quarter beat by 632.37%. Over the last six quarters, Apple has recorded several small beats. These include -33.33% in March 01, 2023.

Financial & Profitability Overview

Over the trailing twelve months, Bright Health Group generated $1.16B in revenue, or $145.94 per share. Gross margin was -10.59%, operating margin -54.08%, and net profit margin -103.43%. Returns are negative, with ROA at -25.74% and ROE at -166.77%.
On valuation metrics, Bright Health Group trades at a P/E of 0.17, P/S of 0.18 and P/B of -0.11. Liquidity is tight, with a current ratio of 0.70 and quick ratio of 0.70. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is 22.46 days. Debt-to-equity is -0.00, supported by a cash flow-to-debt ratio of 2048.40.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Bright Health Group posted revenue of $1.16B, down slightly from $2.41B in the prior quarter. Gross profit was - $122.92M (margin -10.59%). Operating income was - $627.74M (margin -54.1%). Net income was- $1.20B (EPS - $150.94).
The company ended the quarter with $479.53M in cash and short-term investments, a total debt of $303.95M, and net debt of - $162.38M. Total assets were $4.67B, with equity of $939.69M. Financials further reflected weakness, with operating cash flow of - $2.73B, free cash flow of - $2.73B, and capital expenditures of - $2.90M.

Price Forecast & Outlook

Our AI price prediction model suggests that Bright Health Group, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -16.69%, with price expected at $6.84 by March 05, 2024, within a range of $3.83 to $9.78 3-Month Outlook: Projected fall of -81.24%, reaching $1.54 by May 20, 2024, with a range of $0.00 to $3.14. 1-Year Outlook: Projected loss of -98.78%, with price at $0.10 by February 19, 2025, within a range of $0.00 to $5.89.

Key Takeaways

Bright Health Group, Inc. (NYSE:BHG) shares are up 89.38% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Bright Health Group, Inc. trading at a premium to the broader market with a P/E of 0.17. Analyst sentiment is cautious, with the majority of ratings in Underweight territory and a mean price target of $27.80, suggesting 238.61% upside. Our AI forecast model points to short-term weakness (-16.69% over two weeks), a medium-term fall (-81.24% over three months), and a longer-term loss (-98.78% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current Bright Health Group, Inc. (BHG) stock price?

Bright Health Group, Inc. (NYSE: BHG) stock price is $16.35 in the last trading session. During the trading session, BHG stock reached the peak price of $16.35 while $14.52 was the lowest point it dropped to. The percentage change in BHG stock occurred in the recent session was 9.36% while the dollar amount for the price change in BHG stock was $1.40.

BHG's industry and sector of operation?

The NYSE listed BHG is part of Medical - Healthcare Plans industry that operates in the broader Healthcare sector. Bright Health Group, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of BHG?

Mr. Brett Erhardt
Chief Strategy & Growth Officer
Mr. Stephen Rodgers Hagan C.F.A.
Director of Investor Relations
Mr. Simeon Schindelman
Chief Executive Officer of Bright HealthCare
Mr. Robert John Sheehy
Co-Founder & Chairman
Dr. Tomas David Valdivia M.S.
Co-Founder and Chief Health & Equity Officer
Mr. Jeffrey Scott Cook
Chief Operating Officer
Mr. Jeff Craig
Gen. Counsel & Corporation Sec.
Mr. George Lawrence Mikan III
Vice Chairman, Chief Executive Officer & Pres
Mr. Jay Stephen Matushak
Senior Vice President of Fin.
Mr. Jeffrey Joseph Scherman
Chief Accounting Officer

How BHG did perform over past 52-week?

BHG's closing price is 230.97% higher than its 52-week low of $4.94 where as its distance from 52-week high of $76.88 is -78.73%.

How many employees does BHG have?

Number of BHG employees currently stands at 2,840.

Link for BHG official website?

Official Website of BHG is: https://www.brighthealthgroup.com

How do I contact BHG?

BHG could be contacted at phone 612 238 1321 and can also be accessed through its website. BHG operates from 8000 Norman Center Drive, Minneapolis, MN 55437, United States.

How many shares of BHG are traded daily?

BHG stock volume for the day was 29.25K shares. The average number of BHG shares traded daily for last 3 months was 49.6K.

What is the market cap of BHG currently?

The market value of BHG currently stands at $130.51M with its latest stock price at $16.35 and 7.98M of its shares outstanding.

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Employees	2840
Beta	0.94
Sales or Revenue	$1.16B
5Y Sales Change%	7.738%
Fiscal Year Ends	December
Sector	Healthcare
Industry	Medical - Healthcare Plans

BHG Company Profile and Key Details

Bright Health Group

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Dividend & Fair Value

Company Overview

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Key Takeaways

Price Forecast & Outlook

Valuation Metrics