MPLN
MultiPlan Corporation
Set alert
52-week range unavailable
- YTD
- +56.63%
- 1 year
- -29.42%
- Open
- 23.99
- Prev close
- 23.15
- Mkt cap
- 101.56M
- Vol
- 204.84K
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 22.77
- High
- 24.99
- Forward P/E
- -0.72
- Beta
- 0.64
- Short ratio
- 4.50
- Inst. own
- 81.49%
- Dividend
- 0.00
- Ex-div date
- Earnings
- Aug 1, 2024
- 50-d avg
- 8.27
- 200-d avg
- 16.11
- 1y target
- 10.00
Key statistics
- Market cap
- 101.56M
- Enterprise value
- 4.56B
- Trailing P/E
- 0.00
- Forward P/E
- -0.72
- PEG ratio
- 0.00
- Price / sales
- 0.11
- Price / book
- 0.49
- EPS (TTM)
- -95.28
- Beta
- 0.64
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- -163.30%
- Revenue (TTM)
- 942.61M
- Revenue growth
- -5.10%
- Free cash flow
- 231.46M
- Total cash
- 86.92M
- Total debt
- 4.55B
- Return on equity
- -157.30%
- Shares outstanding
- 16.17M
- Short % of float
- 3.54%
- 50-day average
- 8.27
- 200-day average
- 16.11
Analyst view
Consensus: none
- Strong buy1
- Buy0
- Hold2
- Sell0
- Strong sell0
Next earnings
Aug 1, 2024
Expected Aug 1, 2024. Consensus EPS estimate -2.33.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 5, 2024 | Sep 1, 2024 | -2.37 | -1.85 | +0.52 | +21.94% |
| Aug 1, 2024 | Jun 1, 2024 | -1.60 | -1.20 | +0.40 | +25.00% |
| Aug 1, 2024 | Jun 1, 2024 | -1.60 | — | — | — |
| May 8, 2024 | Mar 1, 2024 | 0.00 | -1.20 | — | — |
| May 8, 2024 | Mar 1, 2024 | 0.00 | — | — | — |
| Feb 29, 2024 | Dec 1, 2023 | 0.00 | -2.40 | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 23, 2024 | Citigroup | main | Neutral | Neutral |
| Aug 7, 2024 | Piper Sandler | reit | Neutral | Neutral |
| Jun 26, 2024 | Piper Sandler | init | — | Neutral |
| Mar 8, 2023 | Citigroup | main | — | Neutral |
| Jan 18, 2023 | Barclays | main | — | Equal-Weight |
| Dec 13, 2022 | Citigroup | down | Buy | Neutral |
About MultiPlan Corporation
MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services. It provides payment and revenue integrity services, such as identifying and removing improper and unnecessary charges paid during the claim, as well as services to identify and help restore and preserve underpaid premium dollars. In addition, the company offers data and decision science services including a suite of solutions that apply modern methods of data science to produce descriptive, predictive, and prescriptive analytics that drive optimized benefit plan design, support decision-making, improve clinical outcomes, and reduce the total cost of care; and business-to-business healthcare payments and other services. It serves national and regional insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, TPAs, self-insured health plans, property and casualty insurers, bill review companies, and other companies involved in the claim adjudication process. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.
- Sector
- Healthcare
- Industry
- Health Information Services
- Country
- United States
- Website
- multiplan.us
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Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| H&F Corporate Investors VIII, Ltd. | 33.32% | 5,387,862 | 33.84M | Sep 29, 2024 |
| Public Investment Fund | 7.92% | 1,281,250 | 8.05M | Sep 29, 2024 |
| Leonard Green & Partners, L.P. | 5.94% | 961,249 | 6.04M | Sep 29, 2024 |
| Ares Management LLC | 4.64% | 749,738 | 4.71M | Sep 29, 2024 |
| CPV Partners, LLC | 3.06% | 495,258 | 3.11M | Sep 29, 2024 |
| Beach Point Capital Management LP | 2.18% | 352,400 | 2.21M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1.86% | 301,369 | 1.89M | Sep 29, 2024 |
| Price (T.Rowe) Small-Cap Value Fund | 0.79% | 127,501 | 800.71K | Sep 29, 2024 |
| Price (T.Rowe) U.S. Small-Cap Value Equity Trust | 0.64% | 104,021 | 653.25K | Sep 29, 2024 |
| Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF | 0.60% | 97,082 | 609.67K | Aug 30, 2024 |
| EA Series Trust-EA Bridgeway Omni Small-Cap Value ETF | 0.27% | 43,923 | 275.84K | Sep 29, 2024 |
| Schwab Strategic Tr-Schwab U.S. Small Cap ETF | 0.20% | 32,312 | 202.92K | Aug 30, 2024 |