Alignment Healthcare, Inc. (ALHC)

NASDAQ: ALHC · IEX Real-Time Price · USD
12.95
+0.05 (0.39%)
At close: Dec 5, 2022 4:00 PM
12.84
-0.11 (-0.85%)
After-hours: Dec 5, 2022 4:27 PM EST
0.39%
Market Cap 2.42B
Revenue (ttm) 1.37B
Net Income (ttm) -140.48M
Shares Out 182.12M
EPS (ttm) -1.01
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 586,343
Open 13.02
Previous Close 12.9
Day's Range 12.82 - 13.12
52-Week Range 6.14 - 19.17
Beta n/a
Analysts Buy
Price Target 20.02 (+54.6%)
Earnings Date Nov 3, 2022

About ALHC

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. It provides customized health care in the United States to seniors and those who need it through its Medicare advantage plans. The company owns Medicare advantage plans in the states of California, North Carolina, and Nevada. It also coordinates and provides covered health care services, including professional, institutional, and ancillary services to members enrolled in certain benefit plans of unaffiliated Medicare Advantage ... [Read more]

Industry Health Care Providers & Services
IPO Date Mar 26, 2021
Employees 847
Stock Exchange NASDAQ
Ticker Symbol ALHC
Full Company Profile

Financial Performance

In 2021, ALHC's revenue was $1.17 billion, an increase of 21.74% compared to the previous year's $959.22 million. Losses were -$195.29 million, 751.8% more than in 2020.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for ALHC stock is "Buy." The 12-month stock price forecast is 20.02, which is an increase of 54.59% from the latest price.

Price Target
$20.02
(54.59% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alignment Health Plan Joins Forces With the American Diabetes Association to Promote Diabetes Awareness

Medicare Advantage insurer sponsors diabetes education program for second consecutive year, offering free virtual cooking classes to highlight the importance of eating healthy

2 weeks ago - GlobeNewsWire

Alignment Health Plan Launches New CalPlus + Veterans HMO Plan in California, Home to Largest Veteran Population of A...

ORANGE, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Alignment Health , a tech-enabled Medicare Advantage (MA) insurance company, has added a new Alignment Health Plan HMO option designed to serve the men ...

3 weeks ago - GlobeNewsWire

Alignment Healthcare (ALHC) Reports Q3 Loss, Tops Revenue Estimates

Alignment Healthcare (ALHC) delivered earnings and revenue surprises of 12% and 8%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Alignment Healthcare Reports Third Quarter Results; Continues to Beat Guidance Across All Key Financial Metrics; Rais...

ORANGE, Calif., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today reported financial results for its third quarter ended Sept....

1 month ago - GlobeNewsWire

Alignment Healthcare to Participate in the Credit Suisse 31st Annual Healthcare Conference

ORANGE, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that Joh...

1 month ago - GlobeNewsWire

Alignment Health Plan Recognized as Best Insurance Company for Medicare Advantage in North Carolina by U.S. News & Wo...

Alignment's North Carolina HMO plan earned highest rating for excellent performance from the Centers for Medicare & Medicaid Services Alignment's North Carolina HMO plan earned highest rating for excell...

1 month ago - GlobeNewsWire

Alignment Health Plan Receives Top Star Rating in North Carolina, High Marks for California Plan Quality

Alignment's North Carolina HMO plan debuts with highest achievable rating, 1 of 2 Medicare Advantage HMO plans in state to earn coveted 5 stars Alignment's North Carolina HMO plan debuts with highest ac...

1 month ago - GlobeNewsWire

Alignment Healthcare to Announce Third Quarter 2022 Financial Results and Host Conference Call Thursday, Nov. 3, 2022

ORANGE, Calif., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”) (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, will release its third q...

1 month ago - GlobeNewsWire

Alignment Health Plan Broadens Access to Quality Care in Los Angeles by Adding Award-Winning Torrance Memorial Medica...

ORANGE, Calif., Oct. 04, 2022 (GLOBE NEWSWIRE) -- In a move expected to bolster access to high-quality health care and services for members in Southern California, Alignment Health Plan, a tech-enabled ...

2 months ago - GlobeNewsWire

Alignment Health Empowers 8.3M Medicare-Eligible Adults with More Value, Access and Flexibility Through Its 2023 Medi...

ORANGE, Calif., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Alignment Health , a tech-enabled Medicare Advantage insurance company, today announced new Alignment Health Plan options that offer more value, access ...

2 months ago - GlobeNewsWire

Alignment Healthcare Announces Pricing of Secondary Offering

ORANGE, Calif., Sept. 16, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) (“Alignment Healthcare” or the “Company”), a tech-enabled Medicare Advantage company, today announced the pri...

2 months ago - GlobeNewsWire

Alignment Healthcare Announces Secondary Offering

ORANGE, Calif., Sept. 15, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC) (“Alignment Healthcare” or the “Company”), a tech-enabled Medicare Advantage company, today announced the com...

2 months ago - GlobeNewsWire

Alignment Healthcare Announces Completion of Debt Refinancing

ORANGE, Calif., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (Alignment Healthcare or the Company) (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced the close o...

2 months ago - GlobeNewsWire

Alignment Healthcare to Participate in the Morgan Stanley 20th Annual Global Healthcare Conference

ORANGE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Freeman...

3 months ago - GlobeNewsWire

Is Alignment Healthcare (ALHC) Outperforming Other Medical Stocks This Year?

Here is how Alignment Healthcare (ALHC) and Hanger (HNGR) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Wall Street Analysts See a 33% Upside in Alignment Healthcare (ALHC): Can the Stock Really Move This High?

The consensus price target hints at a 32.9% upside potential for Alignment Healthcare (ALHC). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earning...

3 months ago - Zacks Investment Research

10 Stocks That Could Rise 10x (Safely)

This article is excerpted from Tom Yeung's Profit & Protection newsletter dated Aug. 9, 2022. To make sure you don't miss any of Tom's picks, subscribe to his mailing list here.

3 months ago - InvestorPlace

Has Alignment Healthcare (ALHC) Outpaced Other Medical Stocks This Year?

Here is how Alignment Healthcare (ALHC) and BioCryst Pharmaceuticals (BCRX) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Alignment Healthcare (ALHC) Reports Q2 Loss, Tops Revenue Estimates

Alignment Healthcare (ALHC) delivered earnings and revenue surprises of 76.92% and 8.85%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

Alignment Healthcare Reports Second Quarter Results; Exceeds Guidance Across All Key Financial Metrics; Raises Full-Y...

ORANGE, Calif., Aug. 04, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today reported financial results for its second quarter ended June...

4 months ago - GlobeNewsWire

Alignment Healthcare Details Positive Impact Toward Delivering Better Care in Inaugural ESG Report

Data shows how Medicare Advantage company's efforts in 2021 improved member health; outlines environmental, social and governance approach Data shows how Medicare Advantage company's efforts in 2021 imp...

4 months ago - GlobeNewsWire

Alignment Healthcare Welcomes UCI Health to Provider Network, Bringing More Award-Winning Care to Members in Orange C...

UCI Medical Center – one of “America's Best Hospitals” – joins Alignment's list of highly regarded providers in Southern California UCI Medical Center – one of “America's Best Hospitals” – joins Alignme...

4 months ago - GlobeNewsWire

Alignment Health Plan to Expand Northern and Central California Service Area, Making Award-Winning Plan Benefits Avai...

Alignment Healthcare to extend its Medicare Advantage prescription drug plans to Alameda, Fresno and Madera counties in 2023, pending regulatory approval Alignment Healthcare to extend its Medicare Adva...

4 months ago - GlobeNewsWire

Alignment Health Plan Expected to Offer Nevada Medicare Advantage PPO Plans, Double Counties Served, Reaching 93% of ...

Alignment Healthcare to extend its Medicare Advantage prescription drug plans to Carson City and Douglas and Storey counties in 2023, pending regulatory approval Alignment Healthcare to extend its Medic...

4 months ago - GlobeNewsWire

Alignment Healthcare to Enter Texas in 2023, Introducing Its Award-Winning Medicare Advantage Plans to Medicare-Eligi...

ORANGE, Calif., July 14, 2022 (GLOBE NEWSWIRE) -- Alignment Healthcare  (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced more details of its expansion into Texas, extending its...

4 months ago - GlobeNewsWire