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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSE:MPLN

MultiPlan (MPLN) Stock Price, News & Analysis

$0.82
-0.03 (-3.55%)
(As of 03/28/2024 ET)
Today's Range
$0.79
$0.88
50-Day Range
$0.67
$1.33
52-Week Range
$0.61
$2.29
Volume
1.87 million shs
Average Volume
1.54 million shs
Market Capitalization
$525.48 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.00

MultiPlan MarketRank™ Stock Analysis

Analyst Rating
0.00 Rating Score
Upside/​Downside
145.2% Upside
$2.00 Price Target
Short Interest
Bearish
5.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.94mentions of MultiPlan in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.53 out of 5 stars

Medical Sector

891st out of 938 stocks

Business Services, Not Elsewhere Classified Industry

82nd out of 87 stocks

MPLN stock logo

About MultiPlan Stock (NYSE:MPLN)

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.

MPLN Stock Price History

MPLN Stock News Headlines

MultiPlan (NYSE:MPLN) Shares Gap Up to $0.86
MPLN Apr 2024 1.000 put
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
MultiPlan appoints Jerry Hogge as COO
SHOCKING Crypto Leak…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Multiplan FY 2023 Earnings Preview
MultiPlan Announces CEO Succession Plan
MultiPlan Reports Third Quarter 2023 Results
Multiplan Q3 Earnings Preview
Multiplan Corp (MPLN_t)
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Today
3/28/2024
Next Earnings (Estimated)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
2,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.00
High Stock Price Target
$2.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+145.2%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

Net Income
$-91,700,000.00
Pretax Margin
-11.13%

Debt

Sales & Book Value

Annual Sales
$961.52 million
Cash Flow
$0.48 per share
Book Value
$2.64 per share

Miscellaneous

Free Float
591,533,000
Market Cap
$525.48 million
Optionable
Optionable
Beta
0.65
Beginners Guide To Retirement Stocks Cover

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Key Executives

  • Mr. Dale A. White (Age 68)
    Executive Chair
    Comp: $3.73M
  • Mr. James M. HeadMr. James M. Head (Age 58)
    CFO & Executive VP
    Comp: $500.96k
  • Mr. Michael C. Kim (Age 58)
    Senior VP & Chief Information Officer
    Comp: $727.44k
  • Mr. Jeffrey A. Doctoroff (Age 55)
    Executive VP, General Counsel & Corporate Secretary
    Comp: $736.45k
  • Mr. Travis S. Dalton (Age 53)
    CEO & President
  • Ms. Melissa Humphrey
    Senior Vice President of Marketing & Communications
  • Mr. Alwyn Van Heerdan
    Vice President of Strategy & Corporate Development
  • Ms. Carol Nutter (Age 47)
    Senior VP & Chief People Officer
  • Mr. Derek Reis-Larson
    Senior Vice President of Claims Pricing Services
  • Mr. Bruce Singleton
    Senior Vice President of Network Development Strategy

MPLN Stock Analysis - Frequently Asked Questions

What is MultiPlan's stock price target for 2024?

0 brokers have issued 12 month target prices for MultiPlan's shares. Their MPLN share price targets range from $2.00 to $2.00. On average, they predict the company's share price to reach $2.00 in the next twelve months. This suggests a possible upside of 145.2% from the stock's current price.
View analysts price targets for MPLN
or view top-rated stocks among Wall Street analysts.

How have MPLN shares performed in 2024?

MultiPlan's stock was trading at $1.44 at the beginning of the year. Since then, MPLN stock has decreased by 43.4% and is now trading at $0.8155.
View the best growth stocks for 2024 here
.

When is MultiPlan's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our MPLN earnings forecast
.

How were MultiPlan's earnings last quarter?

MultiPlan Co. (NYSE:MPLN) released its earnings results on Thursday, February, 29th. The company reported ($0.06) earnings per share for the quarter. The business earned $244.14 million during the quarter. MultiPlan had a negative trailing twelve-month return on equity of 8.31% and a negative net margin of 9.54%.

What ETF holds MultiPlan's stock?

IQ Chaikin U.S. Small Cap ETF holds 385,810 shares of MPLN stock, representing 0.34% of its portfolio.

What guidance has MultiPlan issued on next quarter's earnings?

MultiPlan updated its FY 2024 earnings guidance on Thursday, February, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.0 billion-$1.0 billion, compared to the consensus revenue estimate of $1.0 billion.

Who are MultiPlan's major shareholders?

MultiPlan's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (5.63%), Vanguard Group Inc. (5.67%), Charles Schwab Investment Management Inc. (1.31%), Beach Point Capital Management LP (0.95%), Bridgeway Capital Management LLC (0.61%) and Northern Trust Corp (0.54%). Insiders that own company stock include Anthony Colaluca Jr, James M Head, Julie D Klapstein, Mark Tabak and Michael Kim.
View institutional ownership trends
.

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.

This page (NYSE:MPLN) was last updated on 3/29/2024 by MarketBeat.com Staff

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