NeueHealth (NEUE) Scheduled to Post Quarterly Earnings on Wednesday

NeueHealth (NYSE:NEUE) will release its earnings data before the market opens on Wednesday, May 8th. Persons that wish to listen to the company’s earnings conference call can do so using this link.

NeueHealth (NYSE:NEUE) last issued its quarterly earnings results on Wednesday, March 6th. The company reported $20.07 EPS for the quarter. The company had revenue of $292.87 million for the quarter.

NeueHealth Stock Up 3.1 %

Shares of NEUE stock opened at $6.25 on Monday. NeueHealth has a one year low of $4.94 and a one year high of $37.20. The stock’s 50 day moving average is $6.86. The firm has a market capitalization of $51.38 million, a price-to-earnings ratio of -0.04 and a beta of 0.78.

Insider Buying and Selling

In related news, CEO George Lawrence Mikan III sold 7,886 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $9.88, for a total transaction of $77,913.68. Following the completion of the transaction, the chief executive officer now owns 88,483 shares of the company’s stock, valued at $874,212.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 28,100 shares of company stock valued at $230,365. Insiders own 64.30% of the company’s stock.

Analysts Set New Price Targets

Separately, Royal Bank of Canada upped their price target on shares of NeueHealth from $7.00 to $8.00 and gave the stock a “sector perform” rating in a research report on Wednesday, March 13th.

NeueHealth Company Profile

NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.