Clover Health Investments Stock Revenue
| CLOV Stock | USD 1.14 0.11 10.68% |
Clover Health Investments fundamentals help investors to digest information that contributes to Clover Health's financial success or failures. It also enables traders to predict the movement of Clover Stock. The fundamental analysis module provides a way to measure Clover Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Clover Health stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 2 B | 1.8 B |
Clover | Revenue |
Clover Health Investments Company Revenue Analysis
Clover Health's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Clover Health Revenue | 2.03 B |
Most of Clover Health's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Clover Health Investments is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Clover
Projected quarterly revenue analysis of Clover Health Investments provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Clover Health match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Clover Health's stock price.
Clover Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Clover Health is extremely important. It helps to project a fair market value of Clover Stock properly, considering its historical fundamentals such as Revenue. Since Clover Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Clover Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Clover Health's interrelated accounts and indicators.
| 0.78 | 0.79 | -0.47 | 0.11 | 0.5 | ||
| 0.78 | 1.0 | -0.74 | 0.49 | 0.75 | ||
| 0.79 | 1.0 | -0.75 | 0.48 | 0.71 | ||
| -0.47 | -0.74 | -0.75 | -0.82 | -0.71 | ||
| 0.11 | 0.49 | 0.48 | -0.82 | 0.74 | ||
| 0.5 | 0.75 | 0.71 | -0.71 | 0.74 |
Click cells to compare fundamentals
Clover Revenue Historical Pattern
Today, most investors in Clover Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Clover Health's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Clover Health revenue as a starting point in their analysis.
Clover Health Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Clover Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Clover Health Investments reported 2.03 B of revenue. This is 73.4% lower than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The revenue for all United States stocks is 78.5% higher than that of the company.
Clover Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Clover Health's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Clover Health could also be used in its relative valuation, which is a method of valuing Clover Health by comparing valuation metrics of similar companies.Clover Health is currently under evaluation in revenue category among related companies.
Clover Health Institutional Holders
Institutional Holdings refers to the ownership stake in Clover Health that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Clover Health's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Clover Health's value.| Shares | Two Sigma Investments Llc | 2024-03-31 | 2.5 M | Gmt Capital Corp | 2024-03-31 | 1.3 M | Jane Street Group, Llc | 2023-12-31 | 1.3 M | Goldman Sachs Group Inc | 2023-12-31 | 1.1 M | Northern Trust Corp | 2023-12-31 | 878.3 K | Amvescap Plc. | 2023-12-31 | 854.5 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 829.9 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 814.6 K | Millennium Management Llc | 2024-03-31 | 813.8 K | Vanguard Group Inc | 2024-03-31 | 17.7 M | Renaissance Technologies Corp | 2023-12-31 | 12.6 M |
Clover Fundamentals
| Return On Equity | -0.51 | ||||
| Return On Asset | -0.0778 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 227.92 M | ||||
| Shares Outstanding | 406.79 M | ||||
| Shares Owned By Insiders | 9.30 % | ||||
| Shares Owned By Institutions | 22.65 % | ||||
| Number Of Shares Shorted | 45.33 M | ||||
| Price To Book | 1.16 X | ||||
| Price To Sales | 0.16 X | ||||
| Revenue | 2.03 B | ||||
| Gross Profit | 126.19 M | ||||
| EBITDA | (180.16 M) | ||||
| Net Income | (213.36 M) | ||||
| Cash And Equivalents | 711.78 M | ||||
| Cash Per Share | 1.49 X | ||||
| Total Debt | 4.66 M | ||||
| Debt To Equity | 0.07 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 0.59 X | ||||
| Cash Flow From Operations | (115.87 M) | ||||
| Short Ratio | 6.45 X | ||||
| Earnings Per Share | (0.32) X | ||||
| Price To Earnings To Growth | (0.08) X | ||||
| Target Price | 1.44 | ||||
| Number Of Employees | 552 | ||||
| Beta | 1.88 | ||||
| Market Capitalization | 565.94 M | ||||
| Total Asset | 570.67 M | ||||
| Retained Earnings | (2.16 B) | ||||
| Working Capital | 166.85 M | ||||
| Net Asset | 570.67 M |
About Clover Health Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Clover Health Investments's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Clover Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Clover Health Investments based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Clover 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 Clover 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 Clover Health will appreciate offsetting losses from the drop in the long position's value.Moving against Clover Stock
| 0.67 | NPCE | Neuropace | PairCorr |
| 0.6 | WST | West Pharmaceutical | PairCorr |
| 0.53 | CMAXW | CareMax | PairCorr |
| 0.52 | DYNT | Dynatronics Fiscal Year End 26th of September 2024 | PairCorr |
The ability to find closely correlated positions to Clover 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 Clover 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 Clover 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 Clover Health Investments to buy it.
The correlation of Clover 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 Clover Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Clover Health Investments 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 Clover 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 Clover Health Piotroski F Score and Clover Health Altman Z Score analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Clover Stock analysis
When running Clover Health's price analysis, check to measure Clover 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 Clover Health is operating at the current time. Most of Clover Health's value examination focuses on studying past and present price action to predict the probability of Clover 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 Clover Health's price. Additionally, you may evaluate how the addition of Clover Health to your portfolios can decrease your overall portfolio volatility.
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Is Clover 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 Clover Health. If investors know Clover 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 Clover Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.32) | Revenue Per Share 4.253 | Quarterly Revenue Growth 0.07 | Return On Assets (0.08) | Return On Equity (0.51) |
The market value of Clover Health Investments is measured differently than its book value, which is the value of Clover that is recorded on the company's balance sheet. Investors also form their own opinion of Clover Health's value that differs from its market value or its book value, called intrinsic value, which is Clover 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 Clover Health's market value can be influenced by many factors that don't directly affect Clover 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 Clover Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Clover Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Clover 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.