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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
Price
Valuation Score
Graham Fair Value
Graham Fair Value %
P/E
Forward P/E
P/S
P/B
PEG
Free Cash Flow
Free Cash Flow Yield
Book Value
BVPS
EV
EV/EBITDA
CNC
CENTENE CORP
$78.35$96.43-18.75%15.76x10.24x0.28x1.62x0.40x$7.25B17.04%$25.84B47.56$42.54B7.57
HUM
HUMANA INC
$349.50$412.43-15.26%17.40x11.18x0.40x2.59x0.40x$3.19B7.56%$16.26B134.78$49.48B10.45
CVS
CVS HEALTH CORP
$79.43$120.06-33.84%12.24x8.02x0.29x1.31x0.33x$10.40B10.18%$76.46B59.50$171.15B12.40
CI
CIGNA GROUP
$363.34$369.27-1.61%20.68x13.05x0.54x2.30x0.47x$10.24B9.64%$46.22B158.11$129.33B13.22
MOH
MOLINA HEALTHCARE INC
$418.60$231.5480.79%22.14x17.89x0.71x5.80x1.15x$1.58B6.53%$4.22B73.05$21.98B12.61
UNH
UNITEDHEALTH GROUP INC
$493.10$239.27106.09%20.44x17.72x1.23x5.12x1.61x$25.68B5.61%$88.76B95.64$491.72B13.83
ELV
ELEVANCE HEALTH INC
$519.96$353.6447.03%20.49x14.08x0.71x3.08x0.85x$6.77B5.59%$39.31B168.94$139.57B13.31
OSCR
OSCAR HEALTH INC
$14.21N/AN/A-11.65x-20.59x0.54x4.06xN/A-$297.74M-9.45%$803.97M3.63$1.69B-7.98
ALHC
ALIGNMENT HEALTHCARE INC
$4.79N/AN/A-6.06x-7.15x0.49x5.77xN/A-$95.18M-10.67%$156.95M0.84$873.09M-8.49
CLOV
CLOVER HEALTH INVESTMENTS CORP
$0.79N/AN/A-1.80x-1.84x0.19x1.37xN/A-$116.46M-30.52%$286.39M0.59$274.57M-1.30
MRAI
MARPAI INC
$2.08N/AN/A-0.50xN/A0.39x-1.59xN/A-$15.72M-108.75%-$13.44M-1.93$12.13M-0.55
NEUE
NEUEHEALTH INC
$6.50N/AN/A-0.03x-0.25x0.03x-0.05xN/A-$2.28B-4,399.38%-$1.05B-132.01$292.40M-0.19

Healthcare Plan Stocks FAQ

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

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

1. Centene (NYSE:CNC)


Centene (NYSE:CNC) is the top healthcare plan stock with a Zen Score of 62, which is 22 points higher than the healthcare plan industry average of 40. It passed 20 out of 33 due diligence checks and has strong fundamentals. Centene has seen its stock return 21% over the past year, overperforming other healthcare plan stocks by 13 percentage points.

Centene has an average 1 year price target of $88.00, an upside of 12.32% from Centene's current stock price of $78.35.

Centene stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 7 analysts covering Centene, 71.43% have issued a Strong Buy rating, 0% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Humana (NYSE:HUM)


Humana (NYSE:HUM) is the second best healthcare plan stock with a Zen Score of 55, which is 15 points higher than the healthcare plan industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Humana has seen its stock lose -31.06% over the past year, underperforming other healthcare plan stocks by -39 percentage points.

Humana has an average 1 year price target of $462.57, an upside of 32.35% from Humana's current stock price of $349.50.

Humana stock has a consensus Buy recommendation according to Wall Street analysts. Of the 14 analysts covering Humana, 42.86% have issued a Strong Buy rating, 14.29% have issued a Buy, 42.86% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) is the third best healthcare plan stock with a Zen Score of 54, which is 14 points higher than the healthcare plan industry average of 40. It passed 19 out of 38 due diligence checks and has strong fundamentals. Cvs Health has seen its stock return 7.97% over the past year.

Cvs Health has an average 1 year price target of $90.00, an upside of 13.31% from Cvs Health's current stock price of $79.43.

Cvs Health stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Cvs Health, 55.56% have issued a Strong Buy rating, 33.33% have issued a Buy, 11.11% 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 3.12%, which is 1 percentage points higher than the healthcare plan industry average of 1.7%. 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 38.2% indicates that its dividend yield is sustainable for the long-term.

2. Unitedhealth Group (NYSE:UNH)


Unitedhealth Group (NYSE:UNH) has an annual dividend yield of 1.53%, which is the same as the healthcare plan industry average of 1.7%. Unitedhealth Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Unitedhealth Group's dividend has shown consistent growth over the last 10 years.

Unitedhealth Group's dividend payout ratio of 30.2% indicates that its dividend yield is sustainable for the long-term.

3. Cigna Group (NYSE:CI)


Cigna Group (NYSE:CI) has an annual dividend yield of 1.4%, which is the same as the healthcare plan industry average of 1.7%. 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 28% indicates that its dividend yield is sustainable for the long-term.

Why are healthcare plan stocks up?

Healthcare plan stocks were up 0.5% in the last day, and up 0.79% over the last week.

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

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. Humana (NYSE:HUM)


Humana (NYSE:HUM) is the most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Humana has a valuation score of 71, which is 40 points higher than the healthcare plan industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Humana's stock has dropped -31.06% in the past year. It has underperformed other stocks in the healthcare plan industry by -39 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 71, which is 40 points higher than the healthcare plan industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Centene's stock has gained 21% in the past year. It has overperformed other stocks in the healthcare plan industry by 13 percentage points.

3. Cvs Health (NYSE:CVS)


Cvs Health (NYSE:CVS) is the third most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Cvs Health has a valuation score of 71, which is 40 points higher than the healthcare plan industry average of 31. It passed 5 out of 7 valuation due diligence checks.

Cvs Health's stock has gained 7.97% in the past year. It has performed in line with other stocks in the healthcare plan industry.

Are healthcare plan stocks a good buy now?

60% of healthcare plan stocks rated by analysts are a strong buy right now. On average, analysts expect healthcare plan stocks to rise by 12.5% 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 19.09x.
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.