Critical Analysis: Bright Health Group (BHG) and Its Rivals

Bright Health Group (NYSE:BHGGet Rating) is one of 13 public companies in the “Hospital & medical service plans” industry, but how does it contrast to its rivals? We will compare Bright Health Group to similar companies based on the strength of its earnings, institutional ownership, dividends, profitability, valuation, analyst recommendations and risk.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Bright Health Group and its rivals, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bright Health Group 2 6 2 0 2.00
Bright Health Group Competitors 109 1142 2337 53 2.64

Bright Health Group currently has a consensus target price of $7.15, suggesting a potential upside of 264.80%. As a group, “Hospital & medical service plans” companies have a potential upside of 13.61%. Given Bright Health Group’s higher possible upside, equities analysts plainly believe Bright Health Group is more favorable than its rivals.

Insider & Institutional Ownership

88.6% of shares of all “Hospital & medical service plans” companies are owned by institutional investors. 1.5% of shares of all “Hospital & medical service plans” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares Bright Health Group and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Bright Health Group -27.15% -87.57% -33.77%
Bright Health Group Competitors -5.29% -11.14% -5.08%

Earnings and Valuation

This table compares Bright Health Group and its rivals revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Bright Health Group $4.03 billion -$1.18 billion -0.83
Bright Health Group Competitors $71.33 billion $2.57 billion 5.76

Bright Health Group’s rivals have higher revenue and earnings than Bright Health Group. Bright Health Group is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Bright Health Group rivals beat Bright Health Group on 11 of the 12 factors compared.

About Bright Health Group (Get Rating)

Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States. It operates in two segments, NeueHealth and Bright HealthCare. The NeueHealth segment delivers virtual and in-person clinical care services to patients under contracts through its owned and affiliated primary care clinics. As of December 31, 2021, it worked with approximately 260,000 care provider partners; and operated 180 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 commercial and medicare health plan products to consumers in 14 states and 99 markets. 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.

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