Clover Health Investments, Corp. (CLOV)
NASDAQ: CLOV · IEX Real-Time Price · USD
1.510
+0.050 (3.42%)
At close: Jul 12, 2024, 4:00 PM
1.540
+0.030 (1.99%)
After-hours: Jul 12, 2024, 7:55 PM EDT

Clover Health Investments Statistics

Total Valuation

CLOV has a market cap or net worth of $749.62 million. The enterprise value is $411.61 million.

Market Cap 749.62M
Enterprise Value 411.61M

Important Dates

The next estimated earnings date is Tuesday, August 6, 2024, after market close.

Earnings Date Aug 6, 2024
Ex-Dividend Date n/a

Share Statistics

CLOV has 496.44 million shares outstanding. The number of shares has increased by 0.15% in one year.

Shares Outstanding 496.44M
Shares Change (YoY) +0.15%
Shares Change (QoQ) +16.77%
Owned by Insiders (%) 9.18%
Owned by Institutions (%) 22.57%
Float 393.33M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.40
Forward PS 0.54
PB Ratio 2.56
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 0.22
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.01.

Current Ratio 1.55
Quick Ratio 1.26
Debt / Equity 0.01
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -22,845.43

Financial Efficiency

Return on equity (ROE) is -52.00% and return on invested capital (ROIC) is -53.45%.

Return on Equity (ROE) -52.00%
Return on Assets (ROA) -18.00%
Return on Capital (ROIC) -53.45%
Revenue Per Employee $3.36M
Profits Per Employee -$289,719
Employee Count 552
Asset Turnover 2.08
Inventory Turnover n/a

Taxes

Income Tax n/a
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +64.13% in the last 52 weeks. The beta is 2.12, so CLOV's price volatility has been higher than the market average.

Beta (5Y) 2.12
52-Week Price Change +64.13%
50-Day Moving Average 1.07
200-Day Moving Average 0.95
Relative Strength Index (RSI) 74.38
Average Volume (20 Days) 4,742,497

Short Selling Information

The latest short interest is 35.16 million, so 7.08% of the outstanding shares have been sold short.

Short Interest 35.16M
Short Previous Month 35.32M
Short % of Shares Out 7.08%
Short % of Float 8.94%
Short Ratio (days to cover) 6.16

Income Statement

In the last 12 months, CLOV had revenue of $1.85 billion and -$159.93 million in losses. Loss per share was -$0.34.

Revenue 1.85B
Gross Profit 289.24M
Operating Income -158.64M
Pretax Income -159.93M
Net Income -159.93M
EBITDA -157.37M
EBIT -159.92M
Loss Per Share -$0.34
Full Income Statement

Balance Sheet

The company has $342.35 million in cash and $4.34 million in debt, giving a net cash position of $338.01 million or $0.68 per share.

Cash & Cash Equivalents 342.35M
Total Debt 4.34M
Net Cash 338.01M
Net Cash Per Share $0.68
Equity (Book Value) 292.47M
Book Value Per Share 0.59
Working Capital 196.35M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$168.97 million and capital expenditures -$778,000, giving a free cash flow of -$169.75 million.

Operating Cash Flow -168.97M
Capital Expenditures -778,000
Free Cash Flow -169.75M
FCF Per Share -$0.35
Full Cash Flow Statement

Margins

Gross margin is 15.61%, with operating and profit margins of -8.56% and -8.63%.

Gross Margin 15.61%
Operating Margin -8.56%
Pretax Margin -8.63%
Profit Margin -8.63%
EBITDA Margin -8.49%
EBIT Margin -8.63%
FCF Margin -9.16%

Dividends & Yields

CLOV does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.15%
Shareholder Yield -0.15%
Earnings Yield -21.33%
FCF Yield -22.64%

Analyst Forecast

The average price target for CLOV is $1.50, which is -0.66% lower than the current price. The consensus rating is "Hold".

Price Target $1.50
Price Target Difference -0.66%
Analyst Consensus Hold
Analyst Count 1
Revenue Growth Forecast (5Y) -2.34%
EPS Growth Forecast (5Y) -16.04%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

CLOV has an Altman Z-Score of -1.03 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -1.03
Piotroski F-Score 4