Should I buy or sell Bright Health Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bright Health Group in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" BHG shares. View BHG analyst ratings or view top-rated stocks .

What is Bright Health Group's stock price target for 2024?

1 Wall Street analysts have issued twelve-month price objectives for Bright Health Group's shares. Their BHG share price targets range from $13.00 to $13.00. On average, they expect the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 114.2% from the stock's current price. View analysts price targets for BHG or view top-rated stocks among Wall Street analysts .

How have BHG shares performed in 2024?

Bright Health Group's stock was trading at $7.63 at the beginning of 2024. Since then, BHG stock has decreased by 20.4% and is now trading at $6.07. View the best growth stocks for 2024 here .

How were Bright Health Group's earnings last quarter?

Bright Health Group, Inc. (NYSE:BHG) issued its quarterly earnings data on Wednesday, November, 10th. The company reported ($38.40) EPS for the quarter, missing the consensus estimate of ($13.60) by $24.80. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.08 billion.

When did Bright Health Group's stock split?

Bright Health Group's stock reverse split on the morning of Friday, May 19th 2023. The 1-80 reverse split was announced on Friday, May 19th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.

When did Bright Health Group IPO?

Bright Health Group (BHG) raised $1.3 billion in an IPO on Thursday, June 24th 2021. The company issued 60,000,000 shares at $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Morgan Stanley and Barclays acted as the underwriters for the IPO and BofA Securities, Citigroup, Piper Sandler, Nomura and RBC Capital Markets were co-managers.

How do I buy shares of Bright Health Group?

Shares of BHG 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 .

NYSE:BHG

Bright Health Group (BHG) Stock Price, News & Analysis

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$6.07

+0.01 (+0.17%)

(As of 04/15/2024 ET)

Compare

Today's Range: $5.60
▼
$6.58
50-Day Range: $6.06
▼
$10.10
52-Week Range: $4.94
▼
$82.40

Volume: 9,967 shs
Average Volume: 72,717 shs
Market Capitalization: $48.45 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $13.00

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About Bright Health Group Stock (NYSE:BHG)

Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, Bright HealthCare and Consumer Care. The Consumer Care segment delivers virtual and in-person clinical care services contracts through primary care clinics. It operates managed and affiliated risk-bearing clinics within its integrated care delivery system, which included embedded pharmacy, laboratory, radiology, and population health focused specialty services. The Bright HealthCare segment offers medicare health plan products to consumers. The company was formerly known as Bright Health Inc. and changed its name to Bright Health Group, Inc. in February 2021. Bright Health Group, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota.

BHG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BHG Stock News Headlines

April 11, 2024 | americanbankingnews.com

Bright Health Group (NYSE:BHG) Shares Down 1%

January 25, 2024 | finance.yahoo.com

Bright Health Group, Inc.'s (NYSE:BHG) largest shareholders are private equity firms who were rewarded as market cap surged US$33m last week

April 16, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

January 18, 2024 | bizjournals.com

Bright Health Group moves headquarters to Florida, changes name to NeueHealth

January 17, 2024 | finance.yahoo.com

Bright Health Group Adopts NeueHealth as Corporate Brand Name

December 30, 2023 | msn.com

Bright Health to close California Medicare business sale in January

December 29, 2023 | finance.yahoo.com

Bright Health Group Strengthens Capital Position with Amendment to its Credit Facility, Impending Close of the Sale of its California Medicare Advantage Business

November 9, 2023 | finance.yahoo.com

Bright Health Group, Inc. (NYSE:BHG) Q3 2023 Earnings Call Transcript

April 16, 2024 | Paradigm Press (Ad)

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November 7, 2023 | markets.businessinsider.com

Bright Health Q3 Loss Widens, But Revenue Rises

November 7, 2023 | finance.yahoo.com

Bright Health Group Inc (BHG) Reports Q3 2023 Earnings: Revenue Up 39% YoY, Net Loss of $479.

November 7, 2023 | finance.yahoo.com

Bright Health Group Reports Third Quarter 2023 Results

November 7, 2023 | finance.yahoo.com

Bright Health Group Inc (BHG) Reports Q3 2023 Earnings: Revenue Up 39% YoY, Net Loss of $479. ...

November 5, 2023 | morningstar.com

Bright Health Group Inc BHG

November 1, 2023 | msn.com

Bright Health Group (BHG) Price Target Increased by 46.15% to 38.76

October 13, 2023 | finance.yahoo.com

Bright Health Group to Host Third Quarter 2023 Earnings Conference Call on November 7, 2023

September 19, 2023 | finance.yahoo.com

Bright Health Group Continues to Make Significant Progress Towards ACA Insurance Business Wind-Down

August 15, 2023 | markets.businessinsider.com

Grabar Law Office Investigates Claims on Behalf of Shareholders of Bright Health Group, Inc. (BHG)

August 10, 2023 | markets.businessinsider.com

Bright Health Group (BHG) Gets a Sell from Barclays

August 9, 2023 | finance.yahoo.com

Q2 2023 Bright Health Group Inc Earnings Call

August 9, 2023 | msn.com

Bright Health Group GAAP EPS of -$8.55, revenue of $298M

August 9, 2023 | finance.yahoo.com

Bright Health Group Reports Second Quarter 2023 Results

August 9, 2023 | finance.yahoo.com

Bright Health Group (BHG) Reports Q2 Loss, Lags Revenue Estimates

August 7, 2023 | finance.yahoo.com

Bright Health Group Secures Financing to Support Operations Pending the Expected Close of California Medicare Advantage Business Sale

July 17, 2023 | finance.yahoo.com

Bright Health Group to Host Second Quarter 2023 Earnings Conference Call on August 9, 2023

July 13, 2023 | finance.yahoo.com

Investors in Bright Health Group (NYSE:BHG) from a year ago are still down 89%, even after 26% gain this past week

July 12, 2023 | finance.yahoo.com

A 1,462% Bet on Tiny Health-Care Firm Shows Option Math Is Hard

See More Headlines

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Company Calendar

Last Earnings: 11/10/2021
Today: 4/16/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Medical
Industry: Hospital & medical service plans
Sub-Industry: N/A
Current Symbol: NYSE:BHG
CUSIP: N/A
CIK: 1671284
Web: www.brighthealthcare.com
Phone: 612-238-1321
Fax: N/A
Employees: 2,840
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.00
High Stock Price Target: $13.00
Low Stock Price Target: $13.00
Potential Upside/Downside: +114.2%
Consensus Rating: Sell
Rating Score (0-4): 1.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($208.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,455,540,000.00
Net Margins: -85.40%
Pretax Margin: -48.54%
Return on Equity: N/A
Return on Assets: -10.26%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.04
Quick Ratio: 1.04

Sales & Book Value

Annual Sales: $2.76 billion
Price / Sales: 0.02
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($25.47) per share
Price / Book: -0.24

Miscellaneous

Outstanding Shares: 7,982,000
Free Float: 3,321,000
Market Cap: $48.45 million
Optionable: Not Optionable
Beta: 0.93

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Key Executives

Mr. Robert John Sheehy (Age 66)
Co-Founder & Chairman
Mr. George Lawrence Mikan III (Age 52)
Vice Chairman, CEO & President
Comp: $3.49M
Mr. Jeff Craig (Age 41)
General Counsel & Corporate Secretary
Comp: $582.55k
Dr. Tomas David Valdivia M.S. (Age 60)
Co-Founder and Chief Health & Equity Officer
Mr. Jay Stephen Matushak (Age 50)
Chief Financial Officer
Mr. Jeffrey Joseph Scherman
Chief Accounting Officer
Mr. Stephen Rodgers Hagan C.F.A.
Director of Investor Relations
Mr. Brett Erhardt
Chief Strategy & Growth Officer
Tomas Orozco
Executive Vice President of Consumer Care

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BHG Stock Analysis - Frequently Asked Questions

Should I buy or sell Bright Health Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bright Health Group in the last year. There are currently 1 sell rating for the stock. The consensus among Wall Street analysts is that investors should "sell" BHG shares.
View BHG analyst ratings or view top-rated stocks.
What is Bright Health Group's stock price target for 2024?: 1 Wall Street analysts have issued twelve-month price objectives for Bright Health Group's shares. Their BHG share price targets range from $13.00 to $13.00. On average, they expect the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 114.2% from the stock's current price.
View analysts price targets for BHG or view top-rated stocks among Wall Street analysts.
How have BHG shares performed in 2024?: Bright Health Group's stock was trading at $7.63 at the beginning of 2024. Since then, BHG stock has decreased by 20.4% and is now trading at $6.07.
View the best growth stocks for 2024 here.
How were Bright Health Group's earnings last quarter?: Bright Health Group, Inc. (NYSE:BHG) issued its quarterly earnings data on Wednesday, November, 10th. The company reported ($38.40) EPS for the quarter, missing the consensus estimate of ($13.60) by $24.80. The firm had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.08 billion.

When did Bright Health Group's stock split?: Bright Health Group's stock reverse split on the morning of Friday, May 19th 2023. The 1-80 reverse split was announced on Friday, May 19th 2023. The number of shares owned by shareholders was adjusted after the market closes on Friday, May 19th 2023. An investor that had 100 shares of stock prior to the reverse split would have 1 shares after the split.
When did Bright Health Group IPO?: Bright Health Group (BHG) raised $1.3 billion in an IPO on Thursday, June 24th 2021. The company issued 60,000,000 shares at $20.00-$23.00 per share. J.P. Morgan, Goldman Sachs, Morgan Stanley and Barclays acted as the underwriters for the IPO and BofA Securities, Citigroup, Piper Sandler, Nomura and RBC Capital Markets were co-managers.
How do I buy shares of Bright Health Group?: Shares of BHG 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.

This page (NYSE:BHG) was last updated on 4/16/2024 by MarketBeat.com Staff

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Bright Health Group (BHG) Stock Price, News & Analysis

About Bright Health Group Stock (NYSE:BHG)

BHG Stock Price History

BHG Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BHG Stock Analysis - Frequently Asked Questions

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

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