Shares of Small-cap health care company Bright Health moved 50.9 this morning, and are now trading at $0.27 per share. On the other hand, the average analyst target price for the stock is $1.5.
Bright Health Group, Inc., a healthcare company, provides health insurance policies in the United States.
Bright Health Investors Should Consider This:
- Bright Health has moved -90.6% over the last year.
Understanding Bright Health's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 2,412,030 | 682,460 | -19.76 | 33.56 |
| 2021-12-31 | 4,029,389 | 1,273,871 | -29.74 | -39.36 |
| 2020-12-31 | 1,207,320 | 417,623 | -21.34 | 52.22 |
| 2019-12-31 | 280,673 | 181,623 | -44.66 | n/a |
Averaging out to -28.9% over the last 4 years, Bright Health's operating margins also have a high coefficient of variability, which stands at 39.5%. On the other hand, we note that the firm's margins are growing at a 18.4% compounded average yearly rate.
