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ALHC

12.90USD-0.11(-0.85%)Market Closed

Alignment Healthcare, Inc.

Market Summary

USD12.90-0.11Market Closed
-0.85%

ALHC Alerts

ALHC Stock Price

RSI Chart

Valuation

Market Cap

2.4B

Price/Earnings

-16.67

Price/Sales

1.87

Price/Cashflow

-131.56

MarketCap/EBT

-16.67

Price/Sales

Profitability

EBT Margin

-11.20%

Return on Equity

-49.73%

Return on Assets

-21.9%

Fundamentals

Revenue

Revenue (TTM)

1.3B

Revenue Y/Y

18.62%

Revenue Q/Q

6.06%

Earnings

Earnings (TTM)

-146.0M

Earnings Y/Y

74.13%

Earnings Q/Q

71.63%

Price Action

52 Week Range

19.17
(Low)(High)

Last 7 days

7.0%

Last 30 days

-2.7%

Last 90 days

-12.9%

Trailing 12 Months

-16.2%

Financial Health

Current Ratio

2.74

Debt/Equity

0.52

Debt/Cashflow

-0.12

Investor Care

Buy Backs (1Y)

0.01%

Diluted EPS (TTM)

-0.82

Financials for Alignment Healthcare

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue4.6%1,3041,2461,1681,1121,066
Operating Expenses1.7%1,4321,4081,3461,2741,172
  S&GA Expenses-3.2%291300291264226
Earnings Before Taxes18.5%-146.05-179.23-195.29-179.52-122.85
Net Income18.5%-146.05-179.23-195.29-179.52-122.85
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets3.1%667647631657670
  Current Assets3.4%586566553577593
    Cash Equivalents1.0%453449467500495
  Net PPE5.2%3332303230
  Goodwill0%3131292929
Liabilities5.6%373353325332330
  Current Liabilities9.6%214195167175174
  Long Term Debt1.1%154152151149147
    LT Debt, CurrentNaN%-----
    LT Debt, Non Current1.1%154152151149147
Shareholder's Equity0.1%294293306325340
  Retained Earnings-1.9%-635.09-623.51-582.69-527.02-481.21
  Additional Paid-In Capital1.3%929917889852821
Accumulated Depreciation4.5%9692888480
Shares Outstanding-0.1%187187187187187
Minority Interest-100.0%-0000
Float-1,321----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations64.6%-18.50-52.31-78.78-58.79-45.66
  Share Based Compensation-602.4%-21.91-3.1218343
Cashflow From Investing2.5%-21.93-22.50-20.81-22.59-19.85
Cashflow From Financing97.2%-0.10-3.53360360360
  Buy BacksNaN%00122
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on ALHC?

92.1%


Probability that Alignment Healthcare stock will be more than 20% underwater in next one year

76.4%


Probability that Alignment Healthcare stock will be more than 30% underwater in next one year.

59.5%


Probability that Alignment Healthcare stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does ALHC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Alignment Healthcare was unfortunately bought at previous high price.

Returns

Cumulative Returns on ALHC

Which funds bought or sold ALHC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
6,000
1,253,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
SOLD OFF
-100
-3,000
-
-%
2022-11-15
JACOBS LEVY EQUITY MANAGEMENT, INC
NEW
-
7,412,000
7,412,000
0.06%
2022-11-15
ALLIANCEBERNSTEIN L.P.
ADDED
134.37
2,437,000
4,138,000
-%
2022-11-15
Sandia Investment Management LP
NEW
-
89,000
89,000
0.01%
2022-11-15
MERCER GLOBAL ADVISORS INC /ADV
UNCHANGED
-
12,000
330,000
-%
2022-11-15
JANE STREET GROUP, LLC
ADDED
1,268.01
2,065,000
2,222,000
-%
2022-11-15
ALGERT GLOBAL LLC
ADDED
351.16
1,025,000
1,304,000
0.08%
2022-11-15
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
SOLD OFF
-
-
-
-%
2022-11-15
ADVISORY RESEARCH INC
SOLD OFF
-100
-715,000
-
-%

1–10 of 48

Latest Funds Activity

Are funds buying ALHC calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own ALHC

Alignment Healthcare News

MarketBeat

Alignment Healthcare, Inc. (NASDAQ:ALHC) Insider Sells $261600.00 in Stock.22 hours ago

GuruFocus.com

ALHC Fair Value

Recent SEC filings of Alignment Healthcare

View All Filings
Date Filed Form Type Document
Nov 09, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading
Nov 03, 2022
10-Q
Quarterly Report
Nov 03, 2022
8-K
Current Report
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading
Oct 28, 2022
4
Insider Trading

Latest Insider Trading transactions for ALHC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-12-01
Kumar Dinesh M.
SOLD
-261,572
13.0786
-20,000
Chief Med & Operating Officer
2022-12-01
Freeman Robert Thomas
SOLD
-314,446
13.1019
-24,000
Chief Financial Officer
2022-12-01
KAO JOHN E
SOLD
-327,778
13.1111
-25,000
Chief Executive Officer
2022-11-07
KONOWIECKI JOSEPH S
ACQUIRED
-
-
53,906
Chairman of the Board
2022-11-07
McCarthy Margaret M
ACQUIRED
-
-
1,429
-
2022-11-01
KAO JOHN E
SOLD
-330,830
13.2332
-25,000
Chief Executive Officer
2022-11-01
Freeman Robert Thomas
SOLD
-317,611
13.2338
-24,000
Chief Financial Officer
2022-11-01
Kumar Dinesh M.
SOLD
-401,784
13.3928
-30,000
Chief Med & Operating Officer
2022-10-26
Freeman Robert Thomas
SOLD
-313,829
13.0762
-24,000
Chief Financial Officer
2022-10-26
KAO JOHN E
SOLD
-326,855
13.0742
-25,000
Chief Executive Officer

1–10 of 50

John E. Kao
850
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, and Nevada. It also coordinates and provides covered health care services, including professional, institutional, and ancillary services to members enrolled in certain benefit plans of unaffiliated Medicare Advantage Health Maintenance Organizations. The company was founded in 2013 and is based in Orange, California.

ALHC Income Statement

2022-09-30
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues:    
Earned premiums$ 359,978$ 293,275$ 1,071,450$ 869,014
Other370191898485
Total revenues$ 360,348$ 293,466$ 1,072,348$ 869,499
Revenue, Product and Service [Extensible List]us-gaap:FinancialServiceMemberus-gaap:FinancialServiceMemberus-gaap:FinancialServiceMemberus-gaap:FinancialServiceMember
Expenses:    
Medical expenses$ 312,850$ 253,990$ 923,877$ 779,470
Selling, general, and administrative expenses76,45276,846212,418212,910
Depreciation and amortization4,4564,08012,58611,725
Total expenses393,758334,9161,148,8811,004,105
Loss from operations(33,410)(41,450)(76,533)(134,606)
Other expenses:    
Interest expense4,6054,41413,49612,991
Other expenses (income)(131)(48)252(145)
Loss on extinguishment of debt2,19602,1960
Total other expenses6,6704,36615,94412,846
Loss before income taxes(40,080)(45,816)(92,477)(147,452)
Income tax expense16701670
Net loss attributable to Alignment Healthcare, Inc.$ (40,247)$ (45,816)$ (92,644)$ (147,452)
Total weighted-average common shares outstanding - basic and diluted182,123,363177,828,872180,765,300169,786,542
Net loss per share - basic$ (0.22)$ (0.26)$ (0.51)$ (0.87)
Net loss per share - diluted$ (0.22)$ (0.26)$ (0.51)$ (0.87)

ALHC Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:  
Cash$ 567,446$ 466,600
Accounts receivable (less allowance for credit losses of $217 at September 30, 2022 and $111 at December 31, 2021, respectively)88,22058,512
Prepaid expenses and other current assets36,49327,747
Total current assets692,159552,859
Property and equipment, net35,57730,358
Right of use asset, net6,0857,853
Goodwill and intangible assets, net37,61835,116
Other assets6,1044,709
Total assets777,543630,895
Current Liabilities:  
Medical expenses payable171,395125,886
Accounts payable and accrued expenses20,69116,962
Deferred premium revenue116,767469
Accrued compensation31,41123,928
Total current liabilities340,264167,245
Long-term debt, net of debt issuance costs160,677150,620
Long-term portion of lease liabilities4,4586,975
Total liabilities505,399324,840
Commitments and Contingencies (Note 12)
Stockholders' Equity:  
Preferred stock, $.001 par value; 100,000,000 and 0 shares authorized as of September 30, 2022 and December 31, 2021 respectively; no shares issued and outstanding as of September 30, 2022 and December 31, 202100
Common stock, $.001 par value; 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 187,263,976 and 187,193,613 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively187187
Additional Paid in Capital947,295888,547
Accumulated deficit(675,338)(582,694)
Total Alignment Healthcare, Inc. stockholders' equity272,144306,040
Noncontrolling interest015
Total stockholders' equity272,144306,055
Total liabilities and stockholders' equity$ 777,543$ 630,895