Stock To Watch: WellCare Health Plans, Inc. (NYSE:WCG)


The leading market experts have placed a mean price target of $105.08 on WellCare Health Plans, Inc. (NYSE:WCG) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.29 a share for the upcoming quarter and $4.64 for the current fiscal. Technical View The technical analysis of Wellcare Health Plans, Inc. Com plainly substantiates that the 50-day moving average of Wellcare Health Plans, Inc. Com is $106.48, and stock is hovering 0.42 or +0.40% distant from $106.48. It is noted that the 200-day MA is $93.18, and Wellcare Health Plans, Inc. Com stock is $13.72 or +14.73% off from this point. WellCare Health Plans, Inc. (NYSE:WCG) 52-week high is $110.81 and the 52-week low is $69.16. This explains if the stock moves $-3.91, it will post a 52-week high. In event of $+54.57% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Wellcare Health Plans, Inc. Com, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, WellCare Health Plans, Inc. (NYSE:WCG) ratio came in at 34.38. The stock last ended the trading session at $106.90 and registered a market cap of $4.73B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. WellCare Health Plans, Inc. (NYSE:WCG) PEG ratio is at 1.32.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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