Logo image of MGLN

MAGELLAN HEALTH INC (MGLN) Stock Price, Quote, News and Overview

NASDAQ:MGLN - Nasdaq - Common Stock

94.99  0 (0%)

After market: 94.99 0 (0%)

MGLN Quote, Performance and Key Statistics

MAGELLAN HEALTH INC

NASDAQ:MGLN (1/3/2022, 8:23:03 PM)

After market: 94.99 0 (0%)

94.99

0 (0%)

Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
GICS IndustryGroupHealth Care Equipment & Services
GICS SubIndustryManaged Health Care
Statistics
52 Week High99.36
52 Week Low82.94
Market Cap2.46B
Shares25.89M
Float25.90M
Yearly DividendN/A
Dividend YieldN/A
PE87.15
Fwd PE27.31
Earnings (Next)03-04 2022-03-04/amc
IPO01-06 2004-01-06


MGLN short term performance overview.The bars show the price performance of MGLN in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0.2 0.4 0.6

MGLN long term performance overview.The bars show the price performance of MGLN in the last 1, 2 and 3 years. 1 year 2 years 3 years 0.2 0.4 0.6

The current stock price of MGLN is 94.99 null. In the past month the price increased by 0.58%. In the past year, price increased by 0.68%.

MAGELLAN HEALTH INC / MGLN Daily stock chart

MGLN Competitors/Peers

The largest stocks on the US markets in the "Managed Health Care" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
UNH UNITEDHEALTH GROUP INC 16.71 429.24B
ELV ELEVANCE HEALTH INC 11.68 89.31B
HUM HUMANA INC 15.81 30.87B
CNC CENTENE CORP 8.12 28.60B
MOH MOLINA HEALTHCARE INC 12.53 15.75B
HQY HEALTHEQUITY INC 35.37 9.41B
ALHC ALIGNMENT HEALTHCARE INC N/A 2.53B
CLOV CLOVER HEALTH INVESTMENTS CO N/A 2.20B
PGNY PROGYNY INC 40 1.98B
NEUE NEUEHEALTH INC 5.57 60.93M

About MGLN

Company Profile

MGLN logo image Magellan Health, Inc. engages in the business of healthcare management. The company is headquartered in Phoenix, Arizona and currently employs 9,000 full-time employees. The company went IPO on 2004-01-06. The firm provides managed care and pharmacy solutions for healthcare. The firm's segments include Healthcare, Pharmacy Management and Corporate. Its Healthcare includes carve-out management services for behavioral health, employee assistance plans (EAP) and other areas of specialty healthcare including diagnostic imaging, musculoskeletal management, cardiac and physical medicine. Its Pharmacy Management segment consists of products and solutions that provide clinical and financial management of pharmaceuticals paid under medical and pharmacy benefit programs. Its Corporate segment consists of amounts not allocated to the Healthcare and Pharmacy Management segments. The firm provides services to health plans and other managed care organizations (MCOs), employers, labor unions, various military and governmental agencies and third party administrators (TPAs).

Company Info

MAGELLAN HEALTH INC

4801 E Washington St

Phoenix ARIZONA 85034 US

CEO: Kenneth J. Fasola

Employees: 9000

Company Website: https://www.magellanhealth.com/

Phone: 18006421716.0

MAGELLAN HEALTH INC / MGLN FAQ

What is the stock price of MAGELLAN HEALTH INC today?

The current stock price of MGLN is 94.99 null.


What is the ticker symbol for MAGELLAN HEALTH INC stock?

The exchange symbol of MAGELLAN HEALTH INC is MGLN and it is listed on the Nasdaq exchange.


On which exchange is MGLN stock listed?

MGLN stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for MAGELLAN HEALTH INC stock?

6 analysts have analysed MGLN and the average price target is 96.9 null. This implies a price increase of 2.01% is expected in the next year compared to the current price of 94.99. Check the MAGELLAN HEALTH INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is MAGELLAN HEALTH INC worth?

MAGELLAN HEALTH INC (MGLN) has a market capitalization of 2.46B null. This makes MGLN a Mid Cap stock.


How many employees does MAGELLAN HEALTH INC have?

MAGELLAN HEALTH INC (MGLN) currently has 9000 employees.


What are the support and resistance levels for MAGELLAN HEALTH INC (MGLN) stock?

MAGELLAN HEALTH INC (MGLN) has a support level at 94.8 and a resistance level at 95. Check the full technical report for a detailed analysis of MGLN support and resistance levels.


Is MAGELLAN HEALTH INC (MGLN) expected to grow?

The Revenue of MAGELLAN HEALTH INC (MGLN) is expected to grow by 8.27% in the next year. Check the estimates tab for more information on the MGLN EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy MAGELLAN HEALTH INC (MGLN) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does MAGELLAN HEALTH INC (MGLN) stock pay dividends?

MGLN does not pay a dividend.


When does MAGELLAN HEALTH INC (MGLN) report earnings?

MAGELLAN HEALTH INC (MGLN) will report earnings on 2022-03-04, after the market close.


What is the Price/Earnings (PE) ratio of MAGELLAN HEALTH INC (MGLN)?

The PE ratio for MAGELLAN HEALTH INC (MGLN) is 87.15. This is based on the reported non-GAAP earnings per share of 1.09 and the current share price of 94.99 null. Check the full fundamental report for a full analysis of the valuation metrics for MGLN.


MGLN Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to MGLN. When comparing the yearly performance of all stocks, MGLN turns out to be only a medium performer in the overall market: it outperformed 49.92% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

MGLN Fundamental Analysis

ChartMill assigns a fundamental rating of 5 / 10 to MGLN. MGLN has an excellent financial health rating, but there are some minor concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

MGLN Financial Highlights

Over the last trailing twelve months MGLN reported a non-GAAP Earnings per Share(EPS) of 1.09. The EPS decreased by -67.07% compared to the year before.


Industry RankSector Rank
PM (TTM) 6.26%
ROA 9%
ROE 15.61%
Debt/Equity 0.27
Chartmill High Growth Momentum
EPS Q2Q%-62.5%
Sales Q2Q%7.18%
EPS 1Y (TTM)-67.07%
Revenue 1Y (TTM)6.52%

MGLN Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 43% to MGLN. The Buy consensus is the average rating of analysts ratings from 6 analysts.

For the next year, analysts expect an EPS growth of 11.05% and a revenue growth 8.27% for MGLN


Ownership
Inst Owners1.27%
Ins Owners1.57%
Short Float %N/A
Short RatioN/A
Analysts
Analysts43.33
Price Target96.9 (2.01%)
EPS Next Y11.05%
Revenue Next Year8.27%