Professional
Added to YB: 2025-01-30
Pitch date: 2025-01-24
ELV [bullish]
Elevance Health, Inc.
-9.25%
current return
Author Info
No bio for this author
Company Info
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States.
Market Cap
$73.5B
Pitch Price
$397.44
Price Target
N/A
Dividend
2.07%
EV/EBITDA
10.64
P/E
13.56
EV/Sales
0.50
Sector
Health Care Providers and Services
Category
turnaround
Sequoia Strategy Composite Added On Portfolio Holding: Elevance Health, Inc.
ELV (added): Medicaid struggles due to pandemic unwind, Medicare Star Rating issues. Trades at 11x depressed forward earnings. Long-term growth potential from CarelonRx & Carelon Services. 45M insured lives, 14 states. Added to position on Q4 weakness. Expect solid earnings growth as gov't margins recover & care delivery/tech services expand.
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