Professional
Added to YB: 2025-01-16
Pitch date: 2024-12-31
ELV [bullish]
Elevance Health, Inc.
-1.71%
current return
Author Info
No bio for this author
Company Info
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States.
Market Cap
$73.5B
Pitch Price
$365.30
Price Target
N/A
Dividend
2.07%
EV/EBITDA
10.64
P/E
13.56
EV/Sales
0.50
Sector
Health Care Providers and Services
Category
turnaround
Oakmark Fund New Position: Elevance Health, Inc.
ELV: Leading managed care org. Industry attractive due to health spend outpacing GDP & short cycles. Recent underperformance from cost/reimbursement mismatch. Headwinds seen as temporary. Trading at low multiple of depressed earnings. Scale, diversification & disciplined underwriting. High-quality franchise with above-avg growth potential.
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