Sectors & IndustriesHealthcareHealthcare Plans
Best Healthcare Plan Stocks to Buy Now (2024)
Top healthcare plan stocks in 2024 ranked by overall Due Diligence 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
DD Score
Market Cap
Price
1d %
EBITDA
P/E
D/E
MOH
MOLINA HEALTHCARE INC
NYSE
Healthcare Plans
$16.87B$294.99-1.81%$1.82B14.91x2.30
ELV
ELEVANCE HEALTH INC
NYSE
Healthcare Plans
$88.63B$382.14-2.76%$10.85B13.84x1.66
CNC
CENTENE CORP
NYSE
Healthcare Plans
$28.66B$56.76-2.05%$5.90B9.77x2.01
CI
CIGNA GROUP
NYSE
Healthcare Plans
$88.40B$317.81-1.49%$7.47B29.62x2.74
CVS
CVS HEALTH CORP
NYSE
Healthcare Plans
$69.58B$55.29-2.76%$14.21B14.00x2.37
OSCR
OSCAR HEALTH INC
NYSE
Healthcare Plans
$3.86B$15.61-4.82%$90.43M130.08x2.85
UNH
UNITEDHEALTH GROUP INC
NYSE
Healthcare Plans
$505.81B$549.62-5.07%$27.09B35.39x2.06
HUM
HUMANA INC
NYSE
Healthcare Plans
$33.92B$281.73-0.47%$3.52B24.56x1.84
ALHC
ALIGNMENT HEALTHCARE INC
NASDAQ
Healthcare Plans
$2.18B$11.39-6.64%-$92.48M-14.79x5.03
CLOV
CLOVER HEALTH INVESTMENTS CORP
NASDAQ
Healthcare Plans
$1.68B$3.36-1.75%-$89.73M-16.80x0.91
NEUE
NEUEHEALTH INC
NYSE
Healthcare Plans
$46.39M$5.60-5.41%-$317.10M-0.11x-0.75

Healthcare Plan Stocks FAQ

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

According to Due Diligence 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 Due Diligence Score of 59, which is 20 points higher than the healthcare plan industry average of 39. It passed 20 out of 33 due diligence checks and has strong fundamentals. Molina Healthcare has seen its stock lose -18.69% over the past year, underperforming other healthcare plan stocks by -4 percentage points.

Molina Healthcare has an average 1 year price target of $361.40, an upside of 22.51% from Molina Healthcare's current stock price of $294.99.

Molina Healthcare stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Molina Healthcare, 40% have issued a Strong Buy rating, 10% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Elevance Health (NYSE:ELV)


Elevance Health (NYSE:ELV) is the second best healthcare plan stock with a Due Diligence Score of 53, which is 14 points higher than the healthcare plan industry average of 39. It passed 19 out of 38 due diligence checks and has strong fundamentals. Elevance Health has seen its stock lose -20.1% over the past year, underperforming other healthcare plan stocks by -6 percentage points.

Elevance Health has an average 1 year price target of $519.91, an upside of 36.05% from Elevance Health's current stock price of $382.14.

Elevance Health stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 11 analysts covering Elevance Health, 72.73% have issued a Strong Buy rating, 18.18% have issued a Buy, 9.09% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Centene (NYSE:CNC)


Centene (NYSE:CNC) is the third best healthcare plan stock with a Due Diligence Score of 46, which is 7 points higher than the healthcare plan industry average of 39. It passed 15 out of 33 due diligence checks and has strong fundamentals. Centene has seen its stock lose -23.71% over the past year, underperforming other healthcare plan stocks by -9 percentage points.

Centene has an average 1 year price target of $84.33, an upside of 48.58% from Centene's current stock price of $56.76.

Centene stock has a consensus Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Centene, 41.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 41.67% 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 4.81%, which is 3 percentage points higher than the healthcare plan industry average of 2.13%. 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 67.3% indicates that its high dividend yield is sustainable for the long-term.

2. Cigna Group (NYSE:CI)


Cigna Group (NYSE:CI) has an annual dividend yield of 1.76%, which is the same as the healthcare plan industry average of 2.13%. 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 50.6% 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 1.71%, which is the same as the healthcare plan industry average of 2.13%. 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 23.1% indicates that its dividend yield is sustainable for the long-term.

Why are healthcare plan stocks down?

Healthcare plan stocks were down -2.78% in the last day, and down -6.32% 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. Centene (NYSE:CNC)


Centene (NYSE:CNC) is the most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Centene has a valuation score of 57, which is 32 points higher than the healthcare plan industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Centene's stock has dropped -23.71% in the past year. It has underperformed other stocks in the healthcare plan industry by -9 percentage points.

2. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) is the second most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Cvs Health has a valuation score of 57, which is 32 points higher than the healthcare plan industry average of 25. It passed 4 out of 7 valuation due diligence checks.

Cvs Health's stock has dropped -24.78% in the past year. It has underperformed other stocks in the healthcare plan industry by -10 percentage points.

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 18 points higher than the healthcare plan industry average of 25. It passed 3 out of 7 valuation due diligence checks.

Humana's stock has dropped -41.77% in the past year. It has underperformed other stocks in the healthcare plan industry by -27 percentage points.

Are healthcare plan stocks a good buy now?

40% of healthcare plan stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare plan stocks to rise by 22.01% 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 29.21x.
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.