CANO RSI Chart
Last 7 days
4.6%
Last 30 days
-14.8%
Last 90 days
-94.2%
Trailing 12 Months
-81.6%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 3.0B | 0 | 0 | 0 |
2023 | 2.9B | 3.0B | 3.1B | 3.1B |
2022 | 2.0B | 2.4B | 2.6B | 2.7B |
2021 | 970.9M | 1.1B | 1.4B | 1.6B |
2020 | 0 | 518.1M | 674.8M | 831.6M |
2019 | 0 | 0 | 0 | 361.4M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 01, 2024 | cooperstone elliot | sold | -2,780 | 2.5277 | -1,100 | - |
Jan 31, 2024 | cooperstone elliot | sold | -23,177 | 2.594 | -8,935 | - |
Jan 30, 2024 | cooperstone elliot | sold | -34,285 | 2.699 | -12,703 | - |
Jan 29, 2024 | cooperstone elliot | sold | -113,471 | 2.7437 | -41,357 | - |
Jan 26, 2024 | cooperstone elliot | sold | -89,735 | 2.7448 | -32,693 | - |
Jan 25, 2024 | cooperstone elliot | sold | -47,960 | 2.5828 | -18,569 | - |
Jan 24, 2024 | cooperstone elliot | sold | -101,612 | 2.8377 | -35,808 | - |
Jan 23, 2024 | cooperstone elliot | sold | -214,800 | 2.9411 | -73,034 | - |
Jan 22, 2024 | cooperstone elliot | sold | -312,762 | 2.5021 | -125,000 | - |
Jan 18, 2024 | cooperstone elliot | sold | -191,250 | 1.9125 | -100,000 | - |
Which funds bought or sold CANO recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | Global Financial Private Client, LLC | unchanged | - | -1,119 | 43.00 | -% |
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | sold off | -100 | -2,518 | - | -% |
May 15, 2024 | DEUTSCHE BANK AG\ | sold off | -100 | -299 | - | -% |
May 15, 2024 | STATE STREET CORP | sold off | -100 | -254,071 | - | -% |
May 15, 2024 | MORGAN STANLEY | sold off | -100 | -149,644 | - | -% |
May 15, 2024 | BANK OF AMERICA CORP /DE/ | sold off | -100 | -77,719 | - | -% |
May 15, 2024 | BARCLAYS PLC | sold off | -100 | - | - | -% |
May 15, 2024 | BARCLAYS PLC | sold off | -100 | -21,000 | - | -% |
May 15, 2024 | JOSH ARNOLD INVESTMENT CONSULTANT, LLC | sold off | -100 | -254 | - | -% |
May 15, 2024 | Corton Capital Inc. | sold off | -100 | -71,103 | - | -% |
Unveiling Cano Health, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Cano Health, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
UNH | 482.9B | 379.5B | 31.44 | 1.27 | ||||
CI | 96.2B | 206.0B | 24.97 | 0.47 | ||||
HCA | 84.6B | 66.7B | 15.46 | 1.27 | ||||
CVS | 72.4B | 360.9B | 9.89 | 0.2 | ||||
CNC | 41.7B | 155.5B | 15.24 | 0.27 | ||||
DVA | 12.3B | 12.3B | 15.03 | 0.99 | ||||
UHS | 11.9B | 14.7B | 14.63 | 0.81 | ||||
MID-CAP | ||||||||
CHE | 8.5B | 2.3B | 30.15 | 3.73 | ||||
ACHC | 6.2B | 3.0B | -545.12 | 2.06 | ||||
AMEH | 2.3B | 1.5B | 36.62 | 1.57 | ||||
AMN | 2.2B | 3.5B | 15.49 | 0.64 | ||||
SMALL-CAP | ||||||||
ADUS | 1.8B | 1.1B | 27.59 | 1.67 | ||||
BKD | 1.3B | 3.0B | -7.66 | 0.44 | ||||
BEAT | 54.5M | - | -3.61 | - | ||||
AMS | 22.0M | 21.6M | 39.79 | 1.02 |
Cano Health, Inc. News
Income Statement (Quarterly) | ||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Revenue | -4.4% | 684,426,000 | 716,028,500 | 788,073,000 | 766,746,000 | 866,909,000 | 680,275,500 | 665,028,000 | 689,373,000 | 704,337,000 | 492,255,000 | 498,931,000 | 343,581,000 | 274,602,000 | 261,939,000 | 263,133,000 | 171,206,000 | - |
Operating Expenses | -17.8% | 795,536,000 | 968,374,500 | 1,254,992,000 | 1,012,380,000 | 906,438,000 | 71,652,000 | 696,473,000 | 720,422,000 | 715,793,000 | 534,512,000 | 532,523,000 | 398,145,000 | 279,377,000 | 332,221,294 | 256,520,000 | 176,117,000 | - |
S&GA Expenses | 3.5% | 89,109,000 | 86,098,000 | 80,821,000 | 99,418,000 | 96,473,000 | 2,122,000 | 111,765,000 | 106,179,000 | 96,587,000 | 93,347,000 | 76,618,000 | 47,159,000 | 35,009,000 | 33,728,000 | 27,391,000 | 21,859,000 | - |
EBITDA Margin | -58.7% | -0.44 | -0.28 | -0.30 | -0.19 | -0.12 | -0.11 | 0.01 | 0.02 | 0.01 | -0.01 | -0.06 | -0.04 | -0.02 | -0.02 | 0.00 | -0.01 | -0.01 |
Interest Expenses | -57.3% | 14,900,000 | 34,882,500 | 29,646,000 | 26,719,000 | 23,500,000 | 19,618,500 | 16,451,000 | 13,134,000 | 13,300,000 | 14,922,500 | 16,023,000 | 9,714,000 | 10,600,000 | 12,300,000 | 12,346,000 | 5,700,000 | - |
Income Taxes | -80.7% | 40,000 | 207,500 | -145,000 | -1,900,000 | - | 1,516,000 | -1,248,000 | 809,000 | 1,080,000 | 776,000 | 547,000 | -2,023,000 | 714,000 | 357,000 | 326,000 | -19,000 | - |
Earnings Before Taxes | -73.5% | -478,169,000 | -275,674,000 | -491,842,000 | -272,617,000 | -60,585,000 | -300,213,000 | -113,259,000 | -13,755,000 | 995,000 | 1,280,500 | -64,293,000 | -38,312,000 | -15,400,000 | -46,418,000 | -10,791,000 | -11,005,000 | - |
EBT Margin | -46.5% | -0.51 | -0.35 | -0.36 | -0.25 | -0.17 | -0.16 | -0.05 | -0.03 | -0.05 | -0.07 | -0.12 | -0.10 | -0.09 | -0.08 | -0.03 | -0.04 | -0.05 |
Net Income | -151.9% | -415,706,000 | -165,028,000 | -260,487,000 | -140,753,000 | -28,150,000 | 299,000 | -54,228,000 | -5,333,000 | 660,000 | 8,719,000 | -23,238,000 | 4,555,000 | -16,114,000 | -47,866,293 | -11,117,000 | -10,986,000 | - |
Net Income Margin | -75.4% | -0.33 | -0.19 | -0.14 | -0.07 | -0.03 | -0.02 | -0.02 | -0.01 | 0.00 | -0.02 | -0.06 | -0.06 | -0.09 | -0.08 | -0.03 | -0.04 | -0.05 |
Free Cashflow | -9.2% | -49,642,000 | -45,477,000 | -46,535,000 | -21,720,000 | -34,550,000 | -72,647,000 | -20,615,000 | -57,625,000 | -44,979,000 | -34,673,000 | -51,884,000 | -48,497,000 | -17,333,000 | 9,178,000 | -13,371,000 | - | - |
Balance Sheet | |||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 |
Assets | 3.1% | 1,046 | 1,014 | 1,212 | 1,707 | 1,944 | 1,929 | 2,196 | 2,141 | 2,172 | 2,144 | 2,140 | 1,659 | 691 | 614 | 692 | 693 | - | - |
Current Assets | 39.5% | 255 | 183 | 145 | 166 | 314 | 341 | 305 | 287 | 324 | 317 | 465 | 472 | 1.00 | 111 | 2.00 | 2.00 | - | - |
Cash Equivalents | 134.9% | 178 | 76.00 | 41.00 | 28.00 | 45.00 | 27.00 | 24.00 | 48.00 | 113 | 163 | 209 | 319 | 7.00 | 34.00 | 27.00 | 11.00 | - | 29.00 |
Inventory | - | - | - | - | - | - | - | - | - | - | 1.00 | 2.00 | 1.00 | - | 1.00 | - | - | - | - |
Net PPE | - | - | - | - | - | - | - | 126 | 106 | 96.00 | 85.00 | 64.00 | 46.00 | - | 38.00 | - | - | - | - |
Goodwill | - | - | - | 89.00 | 480 | 480 | 480 | 788 | 777 | 773 | 770 | 766 | 151 | - | 234 | 90.00 | 90.00 | - | 14.00 |
Liabilities | 32.7% | 2,055 | 1,549 | 1,471 | 1,472 | 1,440 | 1,435 | 1,413 | 1,300 | 1,334 | 1,345 | 1,282 | 771 | 134 | 565 | 24.00 | 24.00 | - | - |
Current Liabilities | -81.1% | 267 | 1,415 | 366 | 337 | 214 | 208 | 186 | 142 | 159 | 161 | 140 | 93.00 | 3.00 | 67.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Shareholder's Equity | -88.6% | -1,009 | -535 | - | 236 | 504 | 253 | 783 | 841 | 838 | 799 | 780 | 834 | 34.00 | 50.00 | 207 | 224 | 111 | 87.00 |
Retained Earnings | -47.2% | -1,296 | -880 | -715 | -454 | -314 | -286 | -137 | -83.43 | -78.10 | -78.76 | -52.55 | -37.64 | -47.02 | -107 | -7.11 | -2.57 | -0.01 | -0.01 |
Additional Paid-In Capital | -22.3% | 414 | 532 | 593 | 602 | 595 | 539 | 544 | 496 | 464 | 397 | 363 | 390 | 52.00 | - | 12.00 | 8.00 | 0.00 | - |
Shares Outstanding | 66.9% | 5.00 | 3.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | - | - | - | - | 0.00 | - |
Minority Interest | 32.1% | -126 | -187 | -137 | 89.00 | 224 | 242 | 377 | 429 | 452 | 480 | 547 | 536 | - | - | - | - | - | - |
Float | - | - | - | - | 339 | - | - | - | 1,152 | - | - | - | 2,749 | - | - | - | 925 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Cashflow From Operations | -10.0% | -48.83 | -44.38 | -39.67 | -15.53 | -29.47 | -62.18 | -1.98 | -44.97 | -37.20 | -23.54 | -36.39 | -43.41 | -14.69 | 12.00 | -7.90 | - | - |
Share Based Compensation | 347.4% | 4.00 | 1.00 | -4.08 | 2.00 | 9.00 | 12.00 | 11.00 | 18.00 | 14.00 | 15.00 | 9.00 | 4.00 | 0.00 | 0.00 | 0.00 | - | - |
Cashflow From Investing | 83.1% | 4.00 | 2.00 | 27.00 | -8.24 | -9.46 | -16.00 | -18.88 | -15.82 | -13.46 | -18.40 | -466 | -636 | -9.70 | -14.81 | -7.63 | - | - |
Cashflow From Financing | 91.9% | 147 | 77.00 | 27.00 | 7.00 | 56.00 | 81.00 | -2.88 | -4.42 | 1.00 | -3.80 | 393 | 992 | -2.82 | 9.00 | 32.00 | - | - |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands | 3 Months Ended | |||
---|---|---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |||
Revenue: | ||||
Total revenue | $ 684,426 | $ 866,909 | ||
Operating expenses: | ||||
Third-party medical costs | 640,991 | 708,331 | ||
Direct patient expense (Related parties comprised $0 and $4,115 in the three months ended March 31, 2024 and 2023, respectively) | 45,865 | 68,427 | ||
Selling, general, and administrative expenses (Related parties comprised $(304) and $1,327 in the three months ended March 31, 2024 and 2023, respectively) | 89,109 | 96,473 | ||
Depreciation and amortization expense | 18,371 | 27,221 | ||
Transaction costs | 1,200 | 10,086 | ||
Change in fair value of contingent consideration | 0 | (4,100) | ||
Total operating expenses | 795,536 | 906,438 | ||
Income (loss) from operations | (111,110) | (39,529) | ||
Other income (expense): | ||||
Interest expense (excludes $22,093 of contractual interest for the three months ended March 31, 2024) | (14,930) | (23,505) | ||
Interest income | 497 | 9 | ||
Change in fair value of warrant liabilities | 0 | 2,008 | ||
Other income (expense) | (10,715) | 432 | ||
Total other income (expense) | (25,148) | (21,056) | ||
Reorganization items, net | (341,911) | 0 | ||
Net income (loss) before income tax expense | (478,169) | (60,585) | ||
Income tax (expense) benefit | (36) | 0 | ||
Net income (loss) | (478,205) | (60,585) | ||
Net income (loss) attributable to non-controlling interests | (62,499) | (32,435) | ||
Net income (loss) attributable to Class A common stockholders | [1] | $ (415,706) | $ (28,150) | |
Net income (loss) per share attributable to Class A common stockholders, basic (in dollars per share) | [1] | $ (90.46) | $ (11.74) | |
Net income (loss) per share attributable to Class A common stockholders, diluted (in dollars per share) | [1] | $ (91.10) | $ (12.03) | |
Weighted-average shares outstanding | ||||
Basic (in shares) | [1] | 4,595,364 | 2,398,021 | |
Diluted (in shares) | [1] | 5,249,007 | 5,034,402 | |
Capitated revenue | ||||
Revenue: | ||||
Total revenue | $ 669,075 | $ 841,074 | ||
Fee-for-service and other revenue | ||||
Revenue: | ||||
Total revenue | $ 15,351 | $ 25,835 | ||
|
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 | ||
---|---|---|---|---|
Current assets: | ||||
Cash, cash equivalents and restricted cash | $ 177,993 | $ 75,763 | ||
Accounts receivable, net of unpaid service provider costs | 54,218 | 75,801 | ||
Equity securities at fair value | 1,400 | 18,160 | ||
Prepaid expenses and other current assets | 21,470 | 13,099 | ||
Total current assets | 255,081 | 182,823 | ||
Property and equipment, net | 47,578 | 54,641 | ||
Operating lease right-of-use assets | 60,035 | 78,458 | ||
Payor relationships, net | 517,758 | 525,511 | ||
Other intangibles, net | 160,913 | 167,453 | ||
Other assets | 4,181 | 4,853 | ||
Total assets | 1,045,546 | 1,013,739 | ||
Current liabilities: | ||||
Accounts payable and accrued expenses (Related parties comprised $6,973 and $6,239 as of March 31, 2024 and December 31, 2023, respectively) | 60,116 | 108,347 | ||
Current portion of notes payable, net of debt issuance costs | 183,750 | 1,157,318 | ||
Current portion of finance lease liabilities | 2,734 | 3,196 | ||
Current portions due to sellers | 0 | 48,221 | ||
Current portion of operating lease liabilities | 13,653 | 22,750 | ||
Other current liabilities | 6,745 | 75,594 | ||
Total current liabilities | 266,998 | 1,415,426 | ||
Long term portion of operating lease liabilities | 61,725 | 124,329 | ||
Long term portion of finance lease liabilities | 5,841 | 7,044 | ||
Other liabilities | 0 | 1,941 | ||
Liabilities subject to compromise | 1,720,188 | 0 | ||
Total liabilities | 2,054,752 | 1,548,740 | ||
Stockholders’ Deficit | ||||
Additional paid-in capital | [1] | 413,881 | 532,424 | |
Accumulated deficit | [1] | (1,296,156) | (880,450) | |
Total Stockholders' Deficit before non-controlling interests | [1] | (882,222) | (347,973) | |
Non-controlling interests | (126,984) | (187,028) | ||
Total Stockholders' Deficit | (1,009,206) | (535,001) | ||
Total Liabilities and Stockholders' Deficit | 1,045,546 | 1,013,739 | ||
Class A common stock | ||||
Stockholders’ Deficit | ||||
Common stock | [1] | 46 | 35 | |
Class B common stock | ||||
Stockholders’ Deficit | ||||
Common stock | [1] | $ 7 | $ 18 | |
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