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Best Healthcare Plan Stocks to Buy Now (2024)
Top healthcare plan stocks in 2024 ranked by overall Zen Score. See the best healthcare plan stocks to buy now, according to analyst forecasts for the healthcare plans industry.

Industry: Healthcare Plans
Ticker
Company
Exchange
Industry
Zen Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
MOH
MOLINA HEALTHCARE INC
NYSE
Healthcare Plans
$17.99B$307.04-0.36%$1.72B16.55x2.45
CNC
CENTENE CORP
NYSE
Healthcare Plans
$36.78B$68.93-0.07%$5.67B13.57x2.06
ELV
ELEVANCE HEALTH INC
NYSE
Healthcare Plans
$124.30B$534.81-0.73%$10.70B20.08x1.75
CI
CIGNA GROUP
NYSE
Healthcare Plans
$94.68B$333.29-0.26%$8.19B27.05x2.71
OSCR
OSCAR HEALTH INC
NYSE
Healthcare Plans
$4.51B$19.000.00%$6.62M-73.08x3.28
UNH
UNITEDHEALTH GROUP INC
NYSE
Healthcare Plans
$457.54B$497.12-0.04%$28.33B29.97x2.16
CVS
CVS HEALTH CORP
NYSE
Healthcare Plans
$75.60B$60.22-1.33%$12.63B10.55x2.37
HUM
HUMANA INC
NYSE
Healthcare Plans
$43.25B$358.930.23%$4.20B22.03x2.10
ALHC
ALIGNMENT HEALTHCARE INC
NASDAQ
Healthcare Plans
$1.59B$8.322.34%-$110.85M-9.90x3.83
CLOV
CLOVER HEALTH INVESTMENTS CORP
NASDAQ
Healthcare Plans
$541.12M$1.095.83%-$157.37M-3.21x1.30
NEUE
NEUEHEALTH INC
NYSE
Healthcare Plans
$44.33M$5.391.32%-$942.20M-0.04x-1.07

Healthcare Plan Stocks FAQ

What are the best healthcare plan stocks to buy right now in Jun 2024?

According to Zen Score, the 3 best healthcare plan stocks to buy right now are:

1. Molina Healthcare (NYSE:MOH)


Molina Healthcare (NYSE:MOH) is the top healthcare plan stock with a Zen Score of 67, which is 26 points higher than the healthcare plan industry average of 41. It passed 22 out of 33 due diligence checks and has strong fundamentals. Molina Healthcare has seen its stock return 11.45% over the past year, overperforming other healthcare plan stocks by 4 percentage points.

Molina Healthcare has an average 1 year price target of $414.11, an upside of 34.87% from Molina Healthcare's current stock price of $307.04.

Molina Healthcare stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Molina Healthcare, 44.44% have issued a Strong Buy rating, 11.11% have issued a Buy, 33.33% have issued a hold, while 11.11% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Centene (NYSE:CNC)


Centene (NYSE:CNC) is the second best healthcare plan stock with a Zen Score of 49, which is 8 points higher than the healthcare plan industry average of 41. It passed 16 out of 33 due diligence checks and has strong fundamentals. Centene has seen its stock return 6.62% over the past year.

Centene has an average 1 year price target of $90.00, an upside of 30.57% from Centene's current stock price of $68.93.

Centene stock has a consensus Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Centene, 44.44% have issued a Strong Buy rating, 11.11% have issued a Buy, 44.44% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Elevance Health (NYSE:ELV)


Elevance Health (NYSE:ELV) is the third best healthcare plan stock with a Zen Score of 48, which is 7 points higher than the healthcare plan industry average of 41. It passed 18 out of 38 due diligence checks and has strong fundamentals. Elevance Health has seen its stock return 22.57% over the past year, overperforming other healthcare plan stocks by 16 percentage points.

Elevance Health has an average 1 year price target of $607.46, an upside of 13.58% from Elevance Health's current stock price of $534.81.

Elevance Health stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Elevance Health, 90.91% have issued a Strong Buy rating, 9.09% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the healthcare plan stocks with highest dividends?

Out of 5 healthcare plan stocks that have issued dividends in the past year, the 3 healthcare plan stocks with the highest dividend yields are:

1. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) has an annual dividend yield of 4.22%, which is 2 percentage points higher than the healthcare plan industry average of 1.82%. Cvs Health's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Cvs Health's dividend has shown consistent growth over the last 10 years.

Cvs Health's dividend payout ratio of 44.5% indicates that its dividend yield is sustainable for the long-term.

2. Cigna Group (NYSE:CI)


Cigna Group (NYSE:CI) has an annual dividend yield of 1.58%, which is the same as the healthcare plan industry average of 1.82%. Cigna Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Cigna Group's dividend has shown consistent growth over the last 10 years.

Cigna Group's dividend payout ratio of 41.3% indicates that its dividend yield is sustainable for the long-term.

3. Elevance Health (NYSE:ELV)


Elevance Health (NYSE:ELV) has an annual dividend yield of 1.16%, which is -1 percentage points lower than the healthcare plan industry average of 1.82%. Elevance Health's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Elevance Health's dividend has shown consistent growth over the last 10 years.

Elevance Health's dividend payout ratio of 22.8% indicates that its dividend yield is sustainable for the long-term.

Why are healthcare plan stocks down?

Healthcare plan stocks were down -0.26% in the last day, and down -0.04% over the last week.

We couldn't find a catalyst for why healthcare plan stocks are down.

What are the most undervalued healthcare plan stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued healthcare plan stocks right now are:

1. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) is the most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Cvs Health has a valuation score of 71, which is 41 points higher than the healthcare plan industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Cvs Health's stock has dropped -9.65% in the past year. It has underperformed other stocks in the healthcare plan industry by -17 percentage points.

2. Centene (NYSE:CNC)


Centene (NYSE:CNC) is the second most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Centene has a valuation score of 57, which is 27 points higher than the healthcare plan industry average of 30. It passed 4 out of 7 valuation due diligence checks.

Centene's stock has gained 6.62% in the past year. It has performed in line with other stocks in the healthcare plan industry.

3. Humana (NYSE:HUM)


Humana (NYSE:HUM) is the third most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Humana has a valuation score of 43, which is 13 points higher than the healthcare plan industry average of 30. It passed 3 out of 7 valuation due diligence checks.

Humana's stock has dropped -21.11% in the past year. It has underperformed other stocks in the healthcare plan industry by -28 percentage points.

Are healthcare plan stocks a good buy now?

60% of healthcare plan stocks rated by analysts are a buy right now. On average, analysts expect healthcare plan stocks to rise by 17.09% over the next year.

What is the average p/e ratio of the healthcare plans industry?

The average P/E ratio of the healthcare plans industry is 24.47x.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.