Gail Boudreaux - Elevance Health CEO President
| ELV Stock | USD 537.26 2.42 0.45% |
CEO
Gail Boudreaux is CEO President of Elevance Health
| Age | 63 |
| Address | 220 Virginia Avenue, Indianapolis, IN, United States, 46204 |
| Phone | 833 401 1577 |
| Web | https://www.elevancehealth.com |
Elevance Health Management Efficiency
The company has Return on Asset of 0.0578 % which means that on every $100 spent on assets, it made $0.0578 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1596 %, implying that it generated $0.1596 on every 100 dollars invested. Elevance Health's management efficiency ratios could be used to measure how well Elevance Health manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.06 in 2024. Return On Capital Employed is likely to climb to -0.0001 in 2024. At this time, Elevance Health's Other Assets are fairly stable compared to the past year. Other Current Assets is likely to climb to about 63 B in 2024, whereas Intangible Assets are likely to drop slightly above 8.3 B in 2024.Similar Executives
| Found 4 records | CEO Age | ||
| Rich Fisher | Centene Corp | N/A | |
| Karen Lynch | CVS Health Corp | 61 | |
| Larry Merlo | CVS Health Corp | 63 | |
| Joseph Zubretsky | Molina Healthcare | 67 | |
Management Performance
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0578 |
Elevance Health Leadership Team
Elected by the shareholders, the Elevance Health's board of directors comprises two types of representatives: Elevance Health inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Elevance. The board's role is to monitor Elevance Health's management team and ensure that shareholders' interests are well served. Elevance Health's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Elevance Health's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Chris Rigg, SVP Division | ||
| Ronald Penczek, Controller VP | ||
| Scott Anglin, Treasurer SVP | ||
| John Gallina, Ex CFO | ||
| Julie Goon, Senior Affairs | ||
| Felicia Norwood, Executive Benefits | ||
| Charles Kendrick, Executive Benefits | ||
| Blair Todt, Chief EVP | ||
| Udi Manber, Chief Officer | ||
| Stephen CFA, Vice Relations | ||
| Gloria McCarthy, Exec Officer | ||
| Kyle Weber, Chief Officer | ||
| Peter Esq, Executive CarelonRx | ||
| Scott Towers, President Business | ||
| Beth Chesmha, President Indiana | ||
| Paul Marchetti, President CarelonRx | ||
| Gail Boudreaux, CEO President | ||
| Anil Bhatt, Chief Officer | ||
| Mark Kaye, Executive CFO |
Elevance Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Elevance Health a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0578 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 115.15 B | ||||
| Shares Outstanding | 232.42 M | ||||
| Shares Owned By Insiders | 0.20 % | ||||
| Shares Owned By Institutions | 92.43 % | ||||
| Number Of Shares Shorted | 1.94 M | ||||
| Price To Earning | 19.27 X |
Pair Trading with Elevance Health
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elevance Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elevance Health will appreciate offsetting losses from the drop in the long position's value.Moving against Elevance Stock
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| 0.59 | TFX | Teleflex Incorporated Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Elevance Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elevance Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elevance Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elevance Health to buy it.
The correlation of Elevance Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elevance Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elevance Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Elevance Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Elevance Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For more information on how to buy Elevance Stock please use our How to Invest in Elevance Health guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Elevance Stock analysis
When running Elevance Health's price analysis, check to measure Elevance Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.
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Is Elevance Health's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Elevance Health. If investors know Elevance will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Elevance Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.155 | Dividend Share 6.07 | Earnings Share 26.49 | Revenue Per Share 731.764 | Quarterly Revenue Growth 0.01 |
The market value of Elevance Health is measured differently than its book value, which is the value of Elevance that is recorded on the company's balance sheet. Investors also form their own opinion of Elevance Health's value that differs from its market value or its book value, called intrinsic value, which is Elevance Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Elevance Health's market value can be influenced by many factors that don't directly affect Elevance Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Elevance Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Elevance Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Elevance Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.