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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
MOH
MOLINA HEALTHCARE INC
$16.90B$35.85B$1.72B$1.07B$18.5510.82%14.32%24.92%7.45%2024-07-24
ELV
ELEVANCE HEALTH INC
$115.97B$171.96B$11.17B$6.69B$28.723.77%12.19%8.21%12.68%
CNC
CENTENE CORP
$35.35B$155.52B$5.67B$2.74B$5.086.34%18.93%88.15%13.73%2024-07-26
CI
CIGNA GROUP
$95.40B$206.00B$8.19B$3.62B$12.3212.55%22.34%-44.78%3.21%2024-08-01
UNH
UNITEDHEALTH GROUP INC
$520.32B$379.49B$28.33B$15.36B$16.5912.96%10.40%-25.10%4.79%
CVS
CVS HEALTH CORP
$74.78B$360.94B$12.63B$7.32B$5.719.07%11.39%80.70%N/A2024-08-07
OSCR
OSCAR HEALTH INC
$3.62B$6.54B$6.62M-$53.59M-$0.2646.52%N/AN/AN/A2024-08-06
HUM
HUMANA INC
$46.68B$109.24B$4.20B$1.99B$16.2914.22%13.21%-34.29%4.84%2024-07-31
ALHC
ALIGNMENT HEALTHCARE INC
$1.93B$2.01B-$110.85M-$157.25M-$0.8431.76%N/AN/AN/A2024-08-01
CLOV
CLOVER HEALTH INVESTMENTS CORP
$809.19M$1.85B-$157.37M-$159.93M-$0.34-36.64%N/AN/AN/A2024-08-06
NEUE
NEUEHEALTH INC
$43.10M$1.11B-$942.20M-$1.04B-$130.5926.91%N/AN/AN/A2024-08-07

Healthcare Plan Stocks FAQ

What are the best healthcare plan stocks to buy right now in Jul 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 61, which is 20 points higher than the healthcare plan industry average of 41. It passed 20 out of 33 due diligence checks and has strong fundamentals. Molina Healthcare has seen its stock lose -7.71% over the past year, underperforming other healthcare plan stocks by -10 percentage points.

Molina Healthcare has an average 1 year price target of $407.75, an upside of 41.4% from Molina Healthcare's current stock price of $288.36.

Molina Healthcare stock has a consensus Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Molina Healthcare, 50% have issued a Strong Buy rating, 12.5% have issued a Buy, 25% have issued a hold, while 12.5% 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 Zen Score of 54, which is 13 points higher than the healthcare plan industry average of 41. It passed 19 out of 38 due diligence checks and has strong fundamentals. Elevance Health has seen its stock return 7.97% over the past year, overperforming other healthcare plan stocks by 6 percentage points.

Elevance Health has an average 1 year price target of $601.39, an upside of 20.25% from Elevance Health's current stock price of $500.12.

Elevance Health stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 13 analysts covering Elevance Health, 84.62% have issued a Strong Buy rating, 7.69% have issued a Buy, 7.69% 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 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 lose -3.29% over the past year, underperforming other healthcare plan stocks by -5 percentage points.

Centene has an average 1 year price target of $89.70, an upside of 35.42% from Centene's current stock price of $66.24.

Centene stock has a consensus Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Centene, 50% have issued a Strong Buy rating, 10% have issued a Buy, 40% 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 3.25%, which is 2 percentage points higher than the healthcare plan industry average of 1.67%. 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 1.57%, which is the same as the healthcare plan industry average of 1.67%. 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. Unitedhealth Group (NYSE:UNH)


Unitedhealth Group (NYSE:UNH) has an annual dividend yield of 1.37%, which is the same as the healthcare plan industry average of 1.67%. 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 45.3% indicates that its dividend yield is sustainable for the long-term.

Why are healthcare plan stocks down?

Healthcare plan stocks were down -0.38% in the last day, and up 0.84% 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 -19.91% in the past year. It has underperformed other stocks in the healthcare plan industry by -22 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 dropped -3.29% in the past year. It has underperformed other stocks in the healthcare plan industry by -5 percentage points.

3. Elevance Health (NYSE:ELV)


Elevance Health (NYSE:ELV) is the third most undervalued healthcare plan stock based on WallStreetZen's Valuation Score. Elevance Health 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.

Elevance Health's stock has gained 7.97% in the past year. It has overperformed other stocks in the healthcare plan industry by 6 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 15.48% 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 27.12x.
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.