Analysts Set Clover Health Investments, Corp. (NASDAQ:CLOV) Price Target at $4.25

Clover Wellness Investments, Corp. (NASDAQ:CLOV – Get Rating) has been presented a consensus rating of “Hold” by the six analysts that are presently masking the agency, MarketBeat Scores reviews. Just one investment analyst has rated the stock with a provide recommendation, a few have assigned a hold suggestion and two have assigned a acquire recommendation to the business. The typical twelve-thirty day period price tag goal among the brokers that have issued rankings on the stock in the past calendar year is $4.17.

A quantity of equities investigate analysts have weighed in on CLOV shares. Credit history Suisse Team slice their rate focus on on shares of Clover Wellbeing Investments from $3.50 to $3.00 and established an “underperform” ranking for the company in a report on Tuesday. Citigroup boosted their selling price objective on Clover Overall health Investments from $3.00 to $3.50 and gave the stock a “neutral” rating in a report on Tuesday.

Clover Wellness Investments Price tag Effectiveness

Shares of NASDAQ CLOV opened at $3.11 on Tuesday. Clover Health and fitness Investments has a twelve thirty day period very low of $1.95 and a twelve month higher of $11.13. The company has a recent ratio of 1.16, a speedy ratio of 1.16 and a financial debt-to-equity ratio of .05. The firm has a current market capitalization of $1.47 billion, a value-to-earnings ratio of -3.74 and a beta of 1.99. The organization has a 50-working day relocating ordinary of $2.53 and a two-hundred day transferring regular of $2.72.

Clover Wellbeing Investments (NASDAQ:CLOV – Get Score) previous issued its quarterly earnings benefits on Monday, May 9th. The corporation claimed ($.19) earnings for every share for the quarter, beating analysts’ consensus estimates of ($.24) by $.05. Clover Overall health Investments had a destructive web margin of 15.55% and a destructive return on equity of 88.55%. The enterprise had revenue of $874.38 million in the course of the quarter, when compared to the consensus estimate of $815.42 million. As a team, analysts count on that Clover Health and fitness Investments will publish -1.04 earnings for every share for the existing fiscal calendar year.

Hedge Funds Weigh In On Clover Wellbeing Investments

Significant traders have not long ago created changes to their positions in the business. Nicholas Hoffman & Enterprise LLC. obtained a new situation in shares of Clover Well being Investments in the 1st quarter valued at about $36,000. Lazard Asset Management LLC bought a new stake in shares of Clover Well being Investments in the 1st quarter valued at approximately $35,000. Atria Wealth Options Inc. acquired a new stake in shares of Clover Wellness Investments in the 1st quarter valued at approximately $36,000. Impartial Prosperity Community Inc. purchased a new stake in shares of Clover Well being Investments in the 1st quarter valued at about $37,000. Finally, Parametrica Management Ltd bought a new stake in shares of Clover Wellbeing Investments in the 4th quarter valued at around $43,000. Institutional investors and hedge cash personal 23.26% of the company’s inventory.

Clover Wellbeing Investments Business Profile

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Clover Health and fitness Investments, Corp. operates as a medicare advantage insurance company in the United States. The company by way of its Clover Assistant, a software package system that gives most popular supplier business and health upkeep business health ideas for medicare-eligible buyers. It also focuses on non-insurance plan firms.

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