NeueHealth (NYSE:NEUE – Get Free Report) and Elevance Health (NYSE:ELV – Get Free Report) are both medical companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, analyst recommendations, dividends, earnings, institutional ownership, risk and profitability.
Institutional & Insider Ownership
63.9% of NeueHealth shares are held by institutional investors. Comparatively, 89.2% of Elevance Health shares are held by institutional investors. 64.3% of NeueHealth shares are held by company insiders. Comparatively, 0.4% of Elevance Health shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Analyst Ratings
This is a breakdown of current ratings for NeueHealth and Elevance Health, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| NeueHealth | 0 | 1 | 0 | 0 | 2.00 |
| Elevance Health | 0 | 1 | 9 | 0 | 2.90 |
Volatility and Risk
NeueHealth has a beta of 0.85, meaning that its share price is 15% less volatile than the S&P 500. Comparatively, Elevance Health has a beta of 0.78, meaning that its share price is 22% less volatile than the S&P 500.
Valuation & Earnings
This table compares NeueHealth and Elevance Health’s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| NeueHealth | $1.16 billion | 0.04 | -$1.15 billion | ($151.20) | -0.04 |
| Elevance Health | $171.34 billion | 0.68 | $5.99 billion | $25.17 | 19.88 |
Elevance Health has higher revenue and earnings than NeueHealth. NeueHealth is trading at a lower price-to-earnings ratio than Elevance Health, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares NeueHealth and Elevance Health’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| NeueHealth | -71.23% | N/A | -1.21% |
| Elevance Health | 3.49% | 20.47% | 7.19% |
Summary
Elevance Health beats NeueHealth on 11 of the 14 factors compared between the two stocks.
About NeueHealth
NeueHealth, 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 Group, Inc. and changed its name to NeueHealth, Inc. in January 2024. NeueHealth, Inc. was incorporated in 2015 and is headquartered in Minneapolis, Minnesota.
About Elevance Health
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits. The company operates in the pharmacy services business; and markets and offers pharmacy services, including pharmacy benefit management, as well as home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. In addition, it provides healthcare-related services and capabilities, including utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs, as well as services related to data management, information technology, and business operations. Further, the company is involved in the National Government Services business. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brand names. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is headquartered in Indianapolis, Indiana.
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