What Are the Fundamentals of MultiPlan (MPLN)?

By Tamara Parker • Monday, September 25 12:03 • Permanent Link

Shares of Business Services company MultiPlan jumped 3.9% today. With many investors piling into MPLN without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

MultiPlan has moved -41.0% over the last year, and the S&P 500 logged a change of 19.0%
MPLN has an average analyst rating of buy and is -33.65% away from its mean target price of $2.63 per share
Its trailing earnings per share (EPS) is $-0.99
MultiPlan has a trailing 12 month Price to Earnings (P/E) ratio of -1.8 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $-0.18 and its forward P/E ratio is -9.7
The company has a Price to Book (P/B) ratio of 0.64 in contrast to the S&P 500's average ratio of 2.95
MultiPlan is part of the Consumer Discretionary sector, which has an average P/E ratio of 22.33 and an average P/B of 3.12
The company has a free cash flow of $261.03 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services. It also provides payment and revenue integrity services, such as identifying and removing improper and unnecessary charges paid during the claim, as well as services to identify and help restore and preserve underpaid premium dollars. The company serves national and regional insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, TPAs, self-insured health plans, property and casualty insurers, bill review companies, and other companies involved in the claim adjudication process. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.