NYSE:MPLN MultiPlan (MPLN) Stock Price, News & Analysis $10.63 +1.50 (+16.43%) (As of 10/8/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About MultiPlan Stock (NYSE:MPLN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get MultiPlan alerts:Sign Up Key Stats Today's Range$9.13▼$10.7550-Day Range N/A52-Week Range$6.35▼$69.60Volume72,934 shsAverage Volume65,322 shsMarket Capitalization$6.85 billionP/E RatioN/ADividend YieldN/APrice Target$5.50Consensus RatingHold Company OverviewMultiPlan 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.Read More… [SHOCKING] Crypto Document Leak… (Ad)Imagine if you could go back to 2009 and buy Bitcoin at $0.01. Or jump to 2015 and grab Ethereum at $0.75. We've created the next best thing: It's called "Crypto Revolution," and it's not just a book… it's your potential ticket to financial time travel.Download your digital copy of "Crypto Revolution" now (limited-time offer). MultiPlan Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks26th Percentile Overall ScoreMPLN MarketRank™: MultiPlan scored higher than 26% of companies evaluated by MarketBeat, and ranked 860th out of 994 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.0 / 5Analyst RatingHold Consensus RatingMultiPlan has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageMultiPlan has only been the subject of 2 research reports in the past 90 days.Read more about MultiPlan's stock forecast and price target. Earnings and Valuation0.6 / 5Proj. Earnings GrowthN/A Earnings GrowthEarnings for MultiPlan are expected to remain at ($7.20) per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of MultiPlan is -10.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of MultiPlan is -10.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioMultiPlan has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about MultiPlan's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted6.06% of the float of MultiPlan has been sold short.Short Interest Ratio / Days to CoverMultiPlan has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in MultiPlan has recently decreased by 97.39%, indicating that investor sentiment is improving significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldMultiPlan does not currently pay a dividend.Dividend GrowthMultiPlan does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted6.06% of the float of MultiPlan has been sold short.Short Interest Ratio / Days to CoverMultiPlan has a short interest ratio ("days to cover") of 4.8.Change versus previous monthShort interest in MultiPlan has recently decreased by 97.39%, indicating that investor sentiment is improving significantly. News and Social Media2.9 / 5News Sentiment0.20 News SentimentMultiPlan has a news sentiment score of 0.20. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Medical companies.News Coverage This WeekMarketBeat has tracked 4 news articles for MultiPlan this week, compared to 1 article on an average week.Search Interest3 people have searched for MPLN on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows6 people have added MultiPlan to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingAcquiring Shares Insider Buying vs. Insider SellingIn the past three months, MultiPlan insiders have bought more of their company's stock than they have sold. Specifically, they have bought $555,161.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.20% of the stock of MultiPlan is held by insiders.Percentage Held by Institutions87.15% of the stock of MultiPlan is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about MultiPlan's insider trading history. Receive MPLN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for MultiPlan and its competitors with MarketBeat's FREE daily newsletter. Email Address MPLN Stock News HeadlinesMultiPlan Announces Executive Leadership ChangesOctober 4, 2024 | finance.yahoo.comMultiPlan (NYSE:MPLN) Stock Price Up 6.8% - Here's WhyOctober 3, 2024 | americanbankingnews.com[SHOCKING] Crypto Document Leak…Imagine if you could go back to 2009 and buy Bitcoin at $0.01. Or jump to 2015 and grab Ethereum at $0.75. We've created the next best thing: It's called "Crypto Revolution," and it's not just a book… it's your potential ticket to financial time travel.October 8, 2024 | Crypto 101 Media (Ad)MultiPlan (NYSE:MPLN) Stock Price Down 5.4%October 2, 2024 | americanbankingnews.comMultiPlan and the National Rural Health Association Announce Strategic Alliance to Empower Rural Healthcare Providers through Innovative Technology and ServicesSeptember 25, 2024 | businesswire.comMultiPlan Corporation’s Reverse Stock Split Becomes EffectiveSeptember 21, 2024 | businesswire.comMultiPlan Makes Fortune’s Best Workplaces in Health Care List for Second Year in a RowSeptember 12, 2024 | finance.yahoo.comMultiPlan Corporation Announces Effective Date of Reverse Stock SplitSeptember 11, 2024 | finance.yahoo.comSee More Headlines MPLN Stock Analysis - Frequently Asked Questions How have MPLN shares performed this year? MultiPlan's stock was trading at $8.95 at the beginning of 2024. Since then, MPLN stock has increased by 18.8% and is now trading at $10.63. View the best growth stocks for 2024 here. How were MultiPlan's earnings last quarter? MultiPlan Co. (NYSE:MPLN) released its earnings results on Thursday, August, 1st. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.01. The business earned $233.48 million during the quarter, compared to analyst estimates of $253.59 million. MultiPlan had a negative net margin of 122.73% and a negative trailing twelve-month return on equity of 8.90%. When did MultiPlan's stock split? Shares of MultiPlan reverse split on Monday, September 23rd 2024. The 1-40 reverse split was announced on Tuesday, September 10th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 20th 2024. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. How do I buy shares of MultiPlan? Shares of MPLN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. Company Calendar Last Earnings8/01/2024Today10/08/2024Next Earnings (Estimated)11/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorMedical Industry Business services, not elsewhere classified Sub-IndustryBusiness Services Current SymbolNYSE:MPLN CUSIPN/A CIK1793229 Webwww.multiplan.us Phone212-780-2000FaxN/AEmployees2,800Year FoundedN/APrice Target and Rating Average Stock Price Target$5.50 High Stock Price Target$10.00 Low Stock Price Target$1.00 Potential Upside/Downside-48.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.98) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-91,700,000.00 Net Margins-122.73% Pretax Margin-128.67% Return on Equity-8.90% Return on Assets-1.78% Debt Debt-to-Equity Ratio7.48 Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$954.92 million Price / Sales7.23 Cash Flow$21.42 per share Price / Cash Flow0.50 Book Value$105.45 per share Price / Book0.10Miscellaneous Outstanding Shares644,868,000Free Float591,989,000Market Cap$6.91 billion OptionableOptionable Beta0.51 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. Get This Free Report This page (NYSE:MPLN) was last updated on 10/8/2024 by MarketBeat.com Staff From Our PartnersElon Musk’s chilling warning for humanityThe 'invasion' I've discovered has nothing to do with the border crisis. What's happening at our southern bord...The Freeport Society | SponsoredWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredWar on Elon Escalates… Elon Musk, the guy slated to become the world’s first trillionaire by 2027, has publicly called for the adopti...Porter & Company | SponsoredThese 5 stocks could soar after November 4thHow to Trade this Crazy Election Year? 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