EPS for WellCare Health Plans, Inc. (WCG) Expected At $2.00

April 17, 2018 - By Lynda A. Deweese

WellCare Health Plans, Inc. (NYSE:WCG) LogoInvestors sentiment decreased to 1.13 in 2017 Q4. Its down 0.02, from 1.15 in 2017Q3. It is negative, as 16 investors sold WellCare Health Plans, Inc. shares while 116 reduced holdings. 60 funds opened positions while 89 raised stakes. 42.30 million shares or 2.83% less from 43.53 million shares in 2017Q3 were reported.
Putnam Limited Liability Company reported 86,722 shares stake. Vanguard holds 0.04% or 4.45M shares in its portfolio. Royal Bankshares Of Canada has 0.01% invested in WellCare Health Plans, Inc. (NYSE:WCG). Twin Tree Mngmt Lp accumulated 0% or 2,002 shares. Boston Ltd Liability Corp reported 0.03% stake. 93,489 are held by Bluemountain Mngmt Lc. Amalgamated Bank has invested 0.05% in WellCare Health Plans, Inc. (NYSE:WCG). Mason Street Advsrs Limited Liability has invested 0.1% in WellCare Health Plans, Inc. (NYSE:WCG). Shelton Mngmt invested in 0.04% or 3,368 shares. Canada Pension Plan Board accumulated 21,700 shares. Moreover, Alpha Windward Ltd Llc has 0.03% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 226 shares. Arrowstreet Capital Partnership owns 0.12% invested in WellCare Health Plans, Inc. (NYSE:WCG) for 248,949 shares. Sivik Healthcare Ltd Liability Co holds 35,000 shares. State Teachers Retirement System, New York-based fund reported 86,497 shares. Prudential Public Limited Company reported 1,900 shares.

Analysts expect WellCare Health Plans, Inc. (NYSE:WCG) to report $2.00 EPS on May, 2.They anticipate $0.39 EPS change or 24.22 % from last quarter’s $1.61 EPS. WCG’s profit would be $89.47 million giving it 25.22 P/E if the $2.00 EPS is correct. After having $0.32 EPS previously, WellCare Health Plans, Inc.’s analysts see 525.00 % EPS growth. The stock increased 1.82% or $3.61 during the last trading session, reaching $201.72. About 350,676 shares traded or 2.07% up from the average. WellCare Health Plans, Inc. (NYSE:WCG) has risen 36.99% since April 18, 2017 and is uptrending. It has outperformed by 25.44% the S&P500.

WellCare Health Plans, Inc. (NYSE:WCG) Ratings Coverage

Among 9 analysts covering WellCare Health Plans (NYSE:WCG), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. WellCare Health Plans had 17 analyst reports since October 31, 2017 according to SRatingsIntel. The stock has “Hold” rating by Jefferies on Wednesday, January 3. As per Tuesday, January 23, the company rating was maintained by Cowen & Co. The rating was maintained by Cantor Fitzgerald with “Buy” on Monday, December 18. The firm has “Equal-Weight” rating given on Wednesday, February 7 by Morgan Stanley. The stock has “Equal-Weight” rating by Morgan Stanley on Thursday, November 2. The stock of WellCare Health Plans, Inc. (NYSE:WCG) has “Buy” rating given on Friday, March 16 by Bank of America. The firm earned “Buy” rating on Tuesday, October 31 by Cantor Fitzgerald. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, October 31. The firm has “Outperform” rating given on Wednesday, March 21 by Wells Fargo. Jefferies maintained it with “Hold” rating and $210 target in Wednesday, November 1 report.

WellCare Health Plans, Inc. provides managed care services for government-sponsored health care programs. The company has market cap of $9.02 billion. It operates through three divisions: Medicaid Health Plans, Medicare Health Plans, and Medicare PDPs. It has a 24.27 P/E ratio. The Medicaid Health Plans segment offers plans for beneficiaries of temporary assistance for needy families, supplemental security income, and aged blind and disabled residents; and other state programs, such as children's health insurance programs for qualifying families who are not eligible for Medicaid, as well as managed long-term care programs for people with chronic illnesses or who have disabilities and need health and long-term care services.

WellCare Health Plans, Inc. (NYSE:WCG) Institutional Positions Chart

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