Alignment Healthcare, Inc.

ALHC

US01625V1044

Managed Healthcare

Market Closed - Nasdaq Other stock markets 21:00:00 17/05/2024 BST			5-day change	1st Jan Change
7.26 ^USD	+3.86%		+5.07%	-15.68%

05-08	Piper Sandler Upgrades Alignment Healthcare to Overweight From Neutral	MT
05-03	UBS Adjusts Price Target on Alignment Healthcare to $6.50 From $8.50, Maintains Neutral Rating	MT

Alignment Healthcare, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024

May 02, 2024 at 09:06 pm

Alignment Healthcare, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 628.6 million compared to USD 439.16 million a year ago. Net loss was USD 46.52 million compared to USD 37.28 million a year ago.

Basic loss per share from continuing operations was USD 0.25 compared to USD 0.2 a year ago.

Latest news about Alignment Healthcare, Inc.

Piper Sandler Upgrades Alignment Healthcare to Overweight From Neutral	05-08	MT
UBS Adjusts Price Target on Alignment Healthcare to $6.50 From $8.50, Maintains Neutral Rating	05-03	MT
Transcript : Alignment Healthcare, Inc., Q1 2024 Earnings Call, May 02, 2024	05-02
Earnings Flash (ALHC) ALIGNMENT HEALTHCARE USA LLC Reports Q1 Revenue $628.6M, vs. Street Est of $599.8M	05-02	MT
Alignment Healthcare, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-02	CI
Alignment Healthcare, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024	05-02	CI
Stifel Adjusts Alignment Healthcare's Price Target to $9 From $11, Maintains Buy Rating	04-23	MT
Transcript : Alignment Healthcare, Inc. - Special Call	03-08
North American Morning Briefing : Powell Still in -2-	03-07	DJ
Piper Sandler Downgrades Alignment Healthcare to Neutral From Overweight, Adjusts Price Target to $6 From $12	03-06	MT
UBS Adjusts Alignment Healthcare Price Target to $8.50 From $9, Maintains Neutral Rating	02-28	MT
Transcript : Alignment Healthcare, Inc., Q4 2023 Earnings Call, Feb 27, 2024	02-27
Alignment Healthcare, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	02-27	CI
Earnings Flash (ALHC) ALIGNMENT HEALTHCARE USA LLC Reports Q4 Revenue $465.4M, vs. Street Est of $444.6M	02-27	MT
Alignment Healthcare, Inc. Provides Revenue Guidance for the First Quarter and Full Year 2024	02-27	CI
Alignment Healthcare, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-27	CI
Apollo Medical to Rebrand as Astrana Health, Appoints Co-Chief Executive as CEO	01-24	MT
Stifel Starts Coverage on Alignment Healthcare with Buy Rating, $11 Price Target	01-24	MT
Transcript : Alignment Healthcare, Inc. Presents at J.P. Morgan 42nd Annual Healthcare Conference 2024, Jan-10-2024 02:15 PM	01-10
Stephens Adjusts Price Target on Alignment Healthcare to $10.50 From $9, Keeps Equalweight Rating	01-09	MT
Alignment Healthcare, Inc. Announces Executive Appointments	01-09	CI
UBS Adjusts Alignment Healthcare Price Target to $9 From $6.50, Maintains Neutral Rating	12-21	MT
North American Morning Briefing : S&P 500 Futures -2-	11-03	DJ
Transcript : Alignment Healthcare, Inc., Q3 2023 Earnings Call, Nov 02, 2023	11-02
Alignment Healthcare, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-02	CI

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Company Profile

Alignment Healthcare, Inc. provides a consumer-centric health care platform that is built to provide seniors with healthcare services. The Company's operations consist of Medicare Advantage Plans in the states of California, North Carolina, Nevada, Arizona, Florida and Texas. Its consumer brand name, Alignment Health, offers more than 50 Medicare Advantage plans that serve 53 counties across six states. It partners with nationally recognized and local providers to deliver coordinated care, powered by its customized care model, 24/7 concierge care team and purpose-built technology, Alignment's Virtual Application (AVA). AVA is designed specifically for senior care and provides end-to-end coordination of the healthcare ecosystem. AVA's suite of tools and services is built within a unified data architecture. Medicare Advantage plans are direct-to-consumer and provide a single point of care delivery for hospital insurance benefits, outpatient services and often prescription drug coverage.

Sector

Managed Healthcare

Calendar

29/05/2024 - Leerink Partners Healthcare Crossroads Conference

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Ratings for Alignment Healthcare, Inc.

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Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

7.26 USD

Average target price

8.068 USD

Spread / Average Target

+11.13%

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