Alignment Healthcare, Inc. (ALHC)

NASDAQ: ALHC · IEX Real-Time Price · USD
8.61
-0.13 (-1.49%)
Dec 29, 2023, 4:00 PM EST - Market closed
-1.49%
Market Cap 1.63B
Revenue (ttm) 1.72B
Net Income (ttm) -157.71M
Shares Out 189.10M
EPS (ttm) -0.86
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 511,306
Open 8.75
Previous Close 8.74
Day's Range 8.61 - 9.00
52-Week Range 4.88 - 13.05
Beta 1.39
Analysts Buy
Price Target 10.14 (+17.77%)
Earnings Date Feb 27, 2024

About ALHC

Alignment Healthcare, Inc., a tech-enabled Medicare advantage company, operates consumer-centric health care platform. It provides customized health care in the United States to seniors and those who need it through its Medicare advantage plans. The company owns Medicare advantage plans in the states of California, North Carolina, Nevada, Arizona, Florida, and Texas. The company was founded in 2013 and is based in Orange, California. [Read more]

Sector Healthcare
IPO Date Mar 26, 2021
Employees 1,037
Stock Exchange NASDAQ
Ticker Symbol ALHC
Full Company Profile

Financial Performance

In 2022, ALHC's revenue was $1.43 billion, an increase of 22.81% compared to the previous year's $1.17 billion. Losses were -$149.55 million, -23.42% less than in 2021.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for ALHC stock is "Buy." The 12-month stock price forecast is $10.14, which is an increase of 17.77% from the latest price.

Price Target
$10.14
(17.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Alignment Healthcare to Participate in the 42nd Annual J.P. Morgan Healthcare Conference

ORANGE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today announced that John Kao, founder and CEO, and Thomas Freeman, chief financial officer, will participa...

12 days ago - GlobeNewsWire

Multiple Grammy Award-Winning Artist Luis Miguel Partners with Alignment Health to Champion Living with Confidence

Medicare Advantage company debuts new campaign aimed at Latin community, one of the fastest-growing segments of U.S. population, in December Medicare Advantage company debuts new campaign aimed at Lat...

4 weeks ago - GlobeNewsWire

Alignment Healthcare Reports Third Quarter 2023 Results; Exceeds Guidance Across All Key Financial Metrics

ORANGE, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), today reported financial results for its third quarter ended Sept. 30, 2023.

2 months ago - GlobeNewsWire

Alignment Healthcare Medicare Advantage Plan Named to U.S. News & World Report 2024 Best Insurance Companies for Medicare Advantage in North Carolina for Second Consecutive Year

Alignment's North Carolina HMO achieved a 4.5- out of 5-star rating from the Centers for Medicare & Medicaid Services for 2024 Alignment's North Carolina HMO achieved a 4.5- out of 5-star rating from ...

2 months ago - GlobeNewsWire

Alignment Healthcare and Walgreens to Introduce Co-Branded Medicare Advantage Plans in Select Markets in 2024

Alignment Healthcare, Inc., and Walgreens have signed an agreement to offer co-branded Medicare Advantage plans in select markets starting Jan. 1, 2024.

2 months ago - GlobeNewsWire

Alignment Healthcare to Announce Third Quarter 2023 Financial Results and Host Conference Call Thursday, Nov. 2, 2023

ORANGE, Calif., Oct. 12, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), will release its third quarter 2023 financial results on Thursday, Nov. 2, after market close. Following th...

2 months ago - GlobeNewsWire

Alignment Health Celebrates Grand Opening of Alignment Health Plan Center in Laguna Woods, CA

Alignment Health executives and Laguna Woods elected officials welcome community members at official ribbon-cutting ceremony for the senior-focused facility Alignment Health executives and Laguna Wood...

2 months ago - GlobeNewsWire

Alignment Healthcare and Instacart Launch Co-branded Medicare Advantage Plans

The first Medicare Advantage plan to offer Instacart as a benefit, Alignment brings food as medicine programs to chronically ill seniors in 13 counties across California and Nevada The first Medicare ...

3 months ago - GlobeNewsWire

Social Threats to Aging Well in America: 2023 Survey Reveals Economic Instability, Food Insecurity, Lack of Support and Transportation Access as Top Barriers to Senior Health

2nd annual Alignment Health report shows 1 in 5 seniors skip needed medical care, seniors are more depressed and anxious than a year ago 2nd annual Alignment Health report shows 1 in 5 seniors skip ne...

4 months ago - GlobeNewsWire

Alignment Healthcare Welcomes New Chief Medical Officer

Dr. Ken Kim rejoins Medicare Advantage company to support clinical innovation for best-in-class senior care Dr. Ken Kim rejoins Medicare Advantage company to support clinical innovation for best-in-cl...

4 months ago - GlobeNewsWire

Alignment Healthcare to Participate in the Morgan Stanley 21st Annual Global Healthcare Conference

ORANGE, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Freem...

4 months ago - GlobeNewsWire

Alignment Healthcare Reports Second Quarter 2023 Results; Beats Outlook Across All Four Critical KPIs

ORANGE, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today reported financial results for its second quarter ended Ju...

5 months ago - GlobeNewsWire

Alignment Healthcare Spotlights Improved Senior Health Outcomes, Greater Access to Care in 2nd Annual ESG Report

Latest data details how Medicare Advantage company drove greater reduction in members' blood sugar levels and diabetes-related deaths, provided more rides to care and healthy meals in 2022 compared to...

5 months ago - GlobeNewsWire

Alignment Health Names Chief Legal and Administrative Officer

Christopher J. Joyce brings three decades of legal, health sciences experience to growing Medicare Advantage company championing a new path in senior care Christopher J. Joyce brings three decades of ...

5 months ago - GlobeNewsWire

Alignment Healthcare to Announce Second Quarter 2023 Financial Results and Host Conference Call Thursday, Aug. 3, 2023

ORANGE, Calif., July 13, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, will release its second quarter 2023 financial results on Thursd...

6 months ago - GlobeNewsWire

Alignment Health Plan Adds Tucson Medical Center to Expand Access to Care for Southern Arizona Seniors

Top hospital in Tucson joins Medicare Advantage company's provider network, elevating senior care for members in Pima, Santa Cruz counties Top hospital in Tucson joins Medicare Advantage company's pro...

6 months ago - GlobeNewsWire

Alignment Health Appoints 3 New Executives to Further Drive Strategic Growth Nationally

Todd Macaluso, David Milligan and Joe Kanatzar will be responsible for expanding premier care access for seniors throughout the US by bolstering Alignment's sales efforts Todd Macaluso, David Milligan...

7 months ago - GlobeNewsWire

Alignment Healthcare to Participate in the William Blair 43rd Annual Growth Stock Conference and Goldman Sachs 44th Annual Global Healthcare Conference

ORANGE, Calif., May 24, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Freema...

7 months ago - GlobeNewsWire

Alignment Healthcare Reports Strong First Quarter 2023 Results; Exceeds Outlook Across All Four Critical KPIs

ORANGE, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today reported financial results for its first quarter ended Marc...

8 months ago - GlobeNewsWire

Alignment Healthcare to Participate in the BofA Securities 2023 Health Care Conference

ORANGE, Calif., April 26, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Free...

8 months ago - GlobeNewsWire

Alignment Health CEO to Share Insights on Digital Health, Whole-Person Care at 2023 Milken Institute Global Conference

John Kao joins fellow health care innovators in panel discussion at 26th annual signature gathering of top business, government, nonprofit leaders John Kao joins fellow health care innovators in panel...

8 months ago - GlobeNewsWire

Alignment Healthcare to Announce First Quarter 2023 Financial Results and Host Conference Call Thursday, May 4, 2023

ORANGE, Calif., April 14, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, will release its first quarter 2023 financial results on Thursd...

9 months ago - GlobeNewsWire

Alignment Health taps new SVPs to steer growth in core markets, delivering high-quality, low-cost care to more seniors

Health care industry veterans Tim Moorhead, Lisa Ferrari to deepen relationships, strengthen operations in Arizona, California, Nevada, North Carolina, Texas Health care industry veterans Tim Moorhead...

10 months ago - GlobeNewsWire

ALIGNMENT HEALTHCARE (ALHC) SHAREHOLDER ALERT - Andrews & Springer LLC Is Investigating Alignment Healthcare, Inc. For Potential Securities Violations and Breaches of Fiduciary Duty

WILMINGTON, Del.--(BUSINESS WIRE)--Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential securities violations...

10 months ago - Business Wire

Alignment Healthcare to Participate in the 2023 Morgan Stanley C-Suite Call Series

ORANGE, Calif., March 13, 2023 (GLOBE NEWSWIRE) -- Alignment Healthcare, Inc. (NASDAQ: ALHC), a tech-enabled Medicare Advantage company, today announced that John Kao, founder and CEO, and Thomas Free...

10 months ago - GlobeNewsWire