In recent trading session, Clover Health Investments Corp (NASDAQ:CLOV) saw 0.84 million shares changing hands at last check today with its beta currently measuring 2.01. Company’s recent per share price level of $4.51 trading at $0.08 or 1.69% at last check today assigns it a market valuation of $2.26B. That most recent trading price of CLOV’s stock is at a discount of -7.98% from its 52-week high price of $4.87 and is indicating a premium of 86.47% from its 52-week low price of $0.61. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.78 million shares which gives us an average trading volume of 6.31 million if we extend that period to 3-months.
For Clover Health Investments Corp (CLOV), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
Clover Health Investments Corp (NASDAQ:CLOV) trade information
Upright in the green today for gaining 1.69%, in the last five days CLOV remained trading in the red while hitting it’s week-highest on Monday, 01/27/25 when the stock touched $4.51 price level, adding 6.43% to its value on the day. Clover Health Investments Corp’s shares saw a change of 43.02% in year-to-date performance and have moved -6.54% in past 5-day. Clover Health Investments Corp (NASDAQ:CLOV) showed a performance of 41.22% in past 30-days. Number of shares sold short was 16.42 million shares which calculate 2.88 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4.25 to the stock, which implies a fall of -6.12% to its recent value today. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 6. It follows that stock’s current price would jump 44.57% in reaching the projected high whereas dropping to the targeted low would mean a gain of 44.57% for stock’s current value.
Clover Health Investments Corp (CLOV) estimates and forecasts
Statistics highlight that Clover Health Investments Corp is scoring comparatively higher than the scores of other players of the relevant industry. The company added 135.86% of value to its shares in past 6 months, showing an annual growth rate of 70.73% while that of industry is 24.70. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -32.09% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 346.92M for the same. And 4 analysts are in estimates of company making revenue of 397.59M in the next quarter. Company posted 510.25M and 346.92M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -585.84% during past 5 years.
Clover Health Investments Corp (NASDAQ:CLOV)’s Major holders
Insiders are in possession of 5.24% of company’s total shares while institution are holding 20.23 percent of that, with stock having share float percentage of 21.34%. Investors also watch the number of corporate investors in a company very closely, which is 20.23% institutions for Clover Health Investments Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at CLOV for having 17.35 million shares of worth $21.33 million. And as of 2024-06-30, it was holding 3.5662 of the company’s outstanding shares.
The second largest institutional holder is RENAISSANCE TECHNOLOGIES LLC, which was holding about 11.27 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.3176 of outstanding shares, having a total worth of $13.86 million.
On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 10.94 shares of worth $49.34 million or 2.65% of the total outstanding shares. The later fund manager was in possession of 6.07 shares on Sep 30, 2024, making its stake of worth around $27.39 million in the company or a holder of 1.47% of company’s stock.