Alignment Healthcare Inc (NASDAQ:ALHC) has a beta value of 1.31 and has seen 0.42 million shares traded in the recent trading session. The company, currently valued at $2.94B, closed the recent trade at $14.84 per share which meant it lost -$0.28 on the day or -1.84% during that session. The ALHC stock price is -41.91% off its 52-week high price of $21.06 and 55.12% above the 52-week low of $6.66.
The consensus among analysts is that Alignment Healthcare Inc (ALHC) is Buy stock at the moment, with a recommendation rating of 1.92. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 3 out of 10 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.
Alignment Healthcare Inc (NASDAQ:ALHC) trade information
Sporting -1.84% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ALHC stock price touched $14.84 or saw a rise of 6.37%. Year-to-date, Alignment Healthcare Inc shares have moved 31.92%, while the 5-day performance has seen it change -4.13%. Over the past 30 days, the shares of Alignment Healthcare Inc (NASDAQ:ALHC) have changed -24.97%.
Wall Street analysts have a consensus price target for the stock at $15, which means that the shares’ value could jump 1.07% from the levels at last check today.. The projected low price target is $9.0 while the price target rests at a high of $21.0. In that case, then, we find that the latest price level in today’s session is -41.51% off the targeted high while a plunge would see the stock lose 39.35% from the levels at last check today..
Alignment Healthcare Inc (ALHC) estimates and forecasts
The company’s shares have gained 4.88% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -22.95% over the past 5 years.
ALHC Dividends
Alignment Healthcare Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Alignment Healthcare Inc (NASDAQ:ALHC)’s Major holders
The top two institutional holders are GENERAL ATLANTIC, L.P. with over 60.99 million shares worth more than $476.97 million. As of 2024-06-30, GENERAL ATLANTIC, L.P. held 31.9518% of shares outstanding.
The other major institutional holder is WARBURG PINCUS LLC, with the holding of over 17.92 million shares as of 2024-06-30. The firm’s total holdings are worth over $140.16 million and represent 9.389% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Manager Directed Portfolios-Hood River Small-Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 1.54% shares in the company for having 3.05 shares of worth $45.27 million while later fund manager owns 2.96 shares of worth $43.88 million as of Dec 31, 2024 , which makes it owner of about 1.49% of company’s outstanding stock.
