BHG RSI Chart
Last 7 days
12.9%
Last 30 days
-27.1%
Last 90 days
7.5%
Trailing 12 Months
-87.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.7B | 1.8B | 1.9B | 0 |
2022 | 1.9B | 1.6B | 1.3B | 1.5B |
2021 | 764.4M | 1.0B | 1.3B | 1.5B |
2020 | 0 | 358.7M | 436.8M | 514.9M |
2019 | 0 | 0 | 0 | 280.7M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Dec 15, 2023 | mikan george lawrence iii | sold | -154,740 | 6.14 | -25,202 | ceo & president |
Dec 14, 2023 | mikan george lawrence iii | acquired | - | - | 52,500 | ceo & president |
Oct 05, 2023 | matushak jay | sold | -496 | 5.71 | -87.00 | chief financial officer |
Oct 04, 2023 | matushak jay | acquired | - | - | 264 | chief financial officer |
Aug 16, 2023 | cook jeffrey s | sold | -13,354 | 10.84 | -1,232 | chief operating officer |
Aug 15, 2023 | cook jeffrey s | acquired | - | - | 4,759 | chief operating officer |
May 13, 2023 | adkins kedrick d jr | acquired | - | - | 95,109 | - |
May 13, 2023 | slavitt andrew m | acquired | - | - | 95,109 | - |
May 13, 2023 | newhall adair | acquired | - | - | 95,109 | - |
May 13, 2023 | manders matthew g | acquired | - | - | 118,886 | - |
Which funds bought or sold BHG recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 11, 2024 | VANGUARD GROUP INC | added | 13.11 | 371,331 | 1,204,620 | -% |
Feb 16, 2024 | HARBOUR INVESTMENTS, INC. | sold off | -100 | -424 | - | -% |
Feb 15, 2024 | Partners Group Holding AG | sold off | -100 | -529,211 | - | -% |
Feb 15, 2024 | Partners Group Holding AG | new | - | 676,361 | 676,361 | 0.03% |
Feb 15, 2024 | BARCLAYS PLC | new | - | 1,000 | 1,000 | -% |
Feb 14, 2024 | BANK OF AMERICA CORP /DE/ | added | 152 | 2,894 | 4,196 | -% |
Feb 14, 2024 | NEA Management Company, LLC | unchanged | - | 3,583,250 | 19,862,900 | 1.32% |
Feb 14, 2024 | Deer Management Co. LLC | unchanged | - | 1,658,700 | 7,624,030 | 0.99% |
Feb 14, 2024 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | new | - | 155,499 | 155,499 | -% |
Feb 14, 2024 | Public Sector Pension Investment Board | unchanged | - | 4,394 | 20,197 | -% |
Unveiling Bright Health Group, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Bright Health Group, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
UNH | 452.5B | 371.6B | 20.22 | 1.22 | ||||
CI | 102.9B | 195.3B | 19.16 | 0.53 | ||||
CVS | 97.4B | 357.8B | 11.66 | 0.27 | ||||
HCA | 85.2B | 65.0B | 16.25 | 1.31 | ||||
CNC | 40.4B | 154.0B | 14.94 | 0.26 | ||||
UHS | 12.1B | 14.3B | 16.79 | 0.84 | ||||
DVA | 12.0B | 12.1B | 17.33 | 0.99 | ||||
MID-CAP | ||||||||
CHE | 9.8B | 2.3B | 35.89 | 4.32 | ||||
ACHC | 7.2B | 2.9B | -331.34 | 2.45 | ||||
AMN | 2.2B | 3.8B | 10.56 | 0.59 | ||||
AMEH | 2.2B | 1.4B | 36.46 | 1.6 | ||||
SMALL-CAP | ||||||||
ADUS | 1.6B | 1.1B | 25.12 | 1.48 | ||||
BKD | 1.1B | 3.0B | -6.01 | 0.38 | ||||
BEAT | 63.5M | - | -4.38 | - | ||||
AMS | 16.2M | 20.7M | 79.76 | 0.78 |
Bright Health Group, Inc. News
Income Statement (Quarterly) | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Revenue | -9.6% | 269,399,000 | 297,982,000 | 756,341,000 | 569,374,000 | 193,363,000 | 149,340,000 | 613,263,000 | 380,223,000 | 464,957,000 | 415,105,000 | 252,748,000 | 302,434,000 | 352,120,000 | 296,856,000 | - |
Operating Expenses | 127.8% | 732,174,000 | 321,396,000 | 842,087,000 | 1,991,982,000 | 289,290,000 | 220,859,000 | 773,126,000 | -1,588,554,000 | 1,374,938,000 | 1,172,885,000 | 897,391,000 | -256,044,000 | 411,376,000 | 324,092,000 | - |
S&GA Expenses | 3.2% | 72,532,000 | 70,280,000 | 140,324,000 | 339,514,500 | 85,566,000 | 78,997,000 | 159,117,000 | -251,637,000 | 309,790,000 | 261,060,000 | 208,240,000 | -35,587,000 | 97,379,000 | 88,827,000 | - |
EBITDA Margin | -72.6% | -0.46 | -0.27 | -0.31 | -0.39 | -0.18 | -0.27 | -0.23 | -0.20 | -0.34 | -0.20 | -0.23 | -0.31 | -0.27 | -0.31 | - |
Interest Expenses | 9.5% | 10,041,000 | 9,170,000 | 7,787,000 | 6,386,000 | 4,905,000 | 337,000 | 1,193,000 | 948,000 | 1,594,000 | 4,142,000 | 546,000 | - | - | - | - |
Income Taxes | -276.1% | -3,385,000 | -900,000 | 1,300,000 | -9,234,500 | 3,401,000 | 2,900,000 | 3,242,000 | -8,295,000 | 73,000 | -19,500,000 | 1,200,000 | 1,000 | - | -9,162,000 | - |
Earnings Before Taxes | -1381.4% | -482,690,000 | -32,584,000 | -93,533,000 | -325,662,500 | -100,830,000 | -71,858,000 | -160,272,000 | 33,584,000 | -296,649,000 | -63,187,000 | -23,379,000 | -76,611,000 | -59,256,000 | -27,236,000 | - |
EBT Margin | -62.3% | -0.49 | -0.30 | -0.35 | -0.43 | -0.22 | -0.31 | -0.26 | -0.23 | -0.36 | -0.22 | -0.24 | -0.33 | -0.27 | -0.32 | - |
Net Income | -461.8% | -633,895,000 | -112,832,000 | -175,011,000 | -680,408,000 | -316,840,000 | -274,666,000 | -195,234,000 | -817,309,000 | -297,873,000 | -44,518,000 | -25,162,000 | -163,832,000 | -59,256,000 | -18,074,000 | - |
Net Income Margin | -19.7% | -0.85 | -0.71 | -0.87 | -0.96 | -1.20 | -0.99 | -0.72 | -0.78 | -0.42 | -0.29 | -0.35 | -0.48 | -0.27 | -0.32 | - |
Free Cashflow | -1426.0% | -1,671,525,000 | -109,533,000 | -616,887,000 | 116,810,000 | -621,302,000 | 232,244,000 | 479,266,000 | -160,787,000 | -274,160,000 | 147,204,000 | 339,388,000 | -73,870,000 | -76,567,000 | - | - |
Balance Sheet | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2020Q4 |
Assets | -53.2% | 2,056 | 4,393 | 4,848 | 4,665 | 4,612 | 5,261 | 5,275 | 3,598 | 3,575 | 3,600 | 1,811 |
Current Assets | -50.4% | 1,912 | 3,851 | 3,771 | 3,571 | 2,638 | 3,160 | 3,295 | 1,660 | 1,628 | 2,091 | 1,180 |
Cash Equivalents | 5.4% | 113 | 108 | 383 | 217 | 1,606 | 1,428 | 1,506 | 1,061 | 956 | 1,506 | 488 |
Net PPE | -5.2% | 18.00 | 18.00 | 41.00 | 21.00 | 48.00 | 48.00 | 41.00 | 38.00 | 31.00 | 19.00 | 12.00 |
Goodwill | -100.0% | - | 401 | 760 | 401 | 761 | 835 | 835 | 831 | 842 | 275 | 45.00 |
Liabilities | -49.2% | 1,861 | 3,664 | 4,044 | 3,725 | 3,284 | 3,667 | 3,428 | 2,325 | 1,508 | 1,409 | 594 |
Current Liabilities | -49.6% | 1,831 | 3,635 | 4,012 | 3,693 | 3,251 | 3,631 | 3,389 | 2,284 | 1,452 | 1,364 | 565 |
Short Term Borrowings | 16.5% | 354 | 304 | 304 | 304 | 304 | - | - | 155 | - | - | - |
Shareholder's Equity | - | - | - | - | - | 358 | 682 | 957 | 1,145 | 1,937 | 2,150 | - |
Retained Earnings | -18.4% | -4,078 | -3,444 | -3,331 | -3,156 | -2,476 | -2,170 | -1,896 | -1,700 | -886 | -585 | -515 |
Additional Paid-In Capital | 0.5% | 3,038 | 3,021 | 3,006 | 2,972 | 2,940 | 2,915 | 2,894 | 2,861 | 2,823 | 2,735 | 10.00 |
Shares Outstanding | 0.1% | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 2.00 | 2.00 |
Cashflow (Quarterly) | ||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2019Q4 |
Cashflow From Operations | -1433.3% | -1,671 | -109 | -615 | 123 | -614 | 242 | 485 | -151 | -264 | 154 | 344 | -68.58 | -75.70 | - | - |
Share Based Compensation | 4.7% | 17.00 | 16.00 | 33.00 | 32.00 | 24.00 | 20.00 | 33.00 | 25.00 | 24.00 | 14.00 | 5.00 | 2.00 | 2.00 | - | - |
Cashflow From Investing | 286.6% | 988 | -529 | 687 | 33.00 | 488 | -318 | -633 | 100 | -284 | -311 | -56.27 | -160 | -76.70 | - | - |
Cashflow From Financing | 1560.7% | 46.00 | -3.15 | -1.80 | 171 | 304 | -1.48 | 593 | 156 | -1.19 | 689 | 200 | 25.00 | 476 | - | - |
Condensed Consolidated Statements of Income (Loss) - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 Months Ended | ||||
---|---|---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |||
Revenue, Product and Service [Extensible Enumeration] | Service [Member] | Service [Member] | Service [Member] | Service [Member] | ||
Revenue: | ||||||
ACO REACH revenue | $ 200,044 | $ 145,433 | $ 676,845 | $ 465,435 | ||
Investment income (loss) | 6 | 4,848 | 16 | (52,301) | ||
Total revenue | 269,399 | 193,363 | 867,931 | 523,467 | ||
Operating expenses: | ||||||
Medical costs | 226,438 | 152,150 | 731,718 | 462,399 | ||
Operating costs | 72,532 | 85,566 | 221,697 | 261,351 | ||
Goodwill impairment | 401,385 | 0 | 401,385 | 0 | ||
Intangible assets impairment | 0 | 42,611 | 0 | 42,611 | ||
Bad debt expense | 22,421 | 11 | 23,054 | 11 | ||
Restructuring charges | 5,281 | 5 | 6,867 | 9,662 | ||
Depreciation and amortization | 4,117 | 8,947 | 14,271 | 25,283 | ||
Total operating expenses | 732,174 | 289,290 | 1,398,992 | 801,317 | ||
Operating loss | (462,775) | (95,927) | (531,061) | (277,850) | ||
Interest expense | 10,041 | 4,905 | 26,998 | 6,435 | ||
Warrant expense | 9,874 | 0 | 9,874 | 0 | ||
Other income | 0 | (2) | 0 | 0 | ||
Loss from continuing operations before income taxes | (482,690) | (100,830) | (567,933) | (284,285) | ||
Income tax (benefit) expense | (3,385) | 3,401 | (3,018) | 16,286 | ||
Net loss from continuing operations | (479,305) | (104,231) | (564,915) | (300,571) | ||
Loss from discontinued operations, net of tax (Note 15) | (67,843) | (165,899) | (240,321) | (401,518) | ||
Net Loss | (547,148) | (270,130) | (805,236) | (702,089) | ||
Net earnings from continuing operations attributable to noncontrolling interests | (86,747) | (46,710) | (116,502) | (84,651) | ||
Net loss attributable to Bright Health Group, Inc. common shareholders | $ (646,357) | $ (326,524) | $ (958,267) | $ (814,823) | ||
Basic and diluted loss per share attributable to Bright Health Group, Inc. common shareholders | ||||||
Continuing operations, basic (in dollars per share) | $ (72.52) | $ (20.41) | $ (90.36) | $ (52.55) | ||
Continuing operations, diluted (in dollars per share) | (72.52) | (20.41) | (90.36) | (52.55) | ||
Discontinued operations, basic (in dollars per share) | (8.51) | (21.07) | (30.25) | (51.05) | ||
Discontinued operations, diluted (in dollars per share) | (8.51) | (21.07) | (30.25) | (51.05) | ||
Net loss per share attributable to common stockholders, basic (in dollars per share) | (81.03) | (41.48) | (120.61) | (103.60) | ||
Net loss per share attributable to common stockholders, diluted (in dollars per share) | $ (81.03) | $ (41.48) | $ (120.61) | $ (103.60) | ||
Basic weighted-average common shares outstanding (in shares) | [1] | 7,977 | 7,871 | 7,945 | 7,865 | |
Diluted weighted-average common shares outstanding (in shares) | [1] | 7,977 | 7,871 | 7,945 | 7,865 | |
Series A Preferred Stock | ||||||
Operating expenses: | ||||||
Series A and B preferred stock dividend accrued | $ (10,178) | $ (9,684) | $ (29,834) | $ (28,083) | ||
Series B Preferred Stock | ||||||
Operating expenses: | ||||||
Series A and B preferred stock dividend accrued | (2,284) | 0 | (6,695) | 0 | ||
Capitated revenue | ||||||
Revenue: | ||||||
Revenue | 60,371 | 33,006 | 159,683 | 79,295 | ||
Service revenue | ||||||
Revenue: | ||||||
Revenue | $ 8,978 | $ 10,076 | $ 31,387 | $ 31,038 | ||
|
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
Current assets: | ||||
Cash and cash equivalents | $ 113,430 | $ 217,006 | ||
Short-term investments | 156 | 869 | ||
Accounts receivable, net of allowance of $8,932 and $6,098, respectively | 32,663 | 19,576 | ||
ACO REACH performance year receivable | 350,478 | 99,181 | ||
Current assets of discontinued operations (Note 15) | 1,368,694 | 3,187,464 | ||
Prepaids and other current assets | 46,542 | 46,538 | ||
Total current assets | 1,911,963 | 3,570,634 | ||
Other assets: | ||||
Long-term investments | 344 | 5,401 | ||
Property, equipment and capitalized software, net | 17,517 | 21,298 | ||
Goodwill | 0 | 401,385 | ||
Intangible assets, net | 96,150 | 104,952 | ||
Long-term assets of discontinued operations (Note 15) | 0 | 529,117 | ||
Other non-current assets | 29,792 | 32,265 | ||
Total other assets | 143,803 | 1,094,418 | ||
Total assets | 2,055,766 | 4,665,052 | ||
Current liabilities: | ||||
Medical costs payable | 169,778 | 116,021 | ||
Accounts payable | 10,687 | 18,714 | ||
ACO REACH performance year obligation | 224,908 | 0 | ||
Short-term borrowings | 353,947 | 303,947 | ||
Current liabilities of discontinued operations (Note 15) | 974,502 | 3,157,236 | ||
Warrant liability (Note 6) | 9,874 | 0 | ||
Other current liabilities | 86,806 | 97,241 | ||
Total current liabilities | 1,830,502 | 3,693,159 | ||
Other liabilities | 30,655 | 32,208 | ||
Total liabilities | 1,861,157 | 3,725,367 | ||
Commitments and contingencies (Note 10) | ||||
Redeemable noncontrolling interests | 327,263 | 219,758 | ||
Redeemable Series A and B preferred stock | 920,417 | 920,417 | ||
Shareholders’ equity (deficit): | ||||
Common stock, $0.0001 par value; 3,000,000,000 shares authorized in 2023 and 2022; 7,981,802 and 7,878,394 shares issued and outstanding in 2023 and 2022*, respectively | [1] | 1 | 1 | |
Additional paid-in capital | 3,037,946 | 2,972,333 | ||
Accumulated deficit | (4,078,133) | (3,156,395) | ||
Accumulated other comprehensive loss | (885) | (4,429) | ||
Treasury Stock, at cost, 31,526 shares at September 30, 2023, and December 31, 2022*, respectively | [1] | (12,000) | (12,000) | |
Total shareholders’ equity (deficit) | (1,053,071) | (200,490) | ||
Total liabilities, redeemable noncontrolling interests, redeemable preferred stock and shareholders’ equity (deficit) | 2,055,766 | 4,665,052 | ||
Redeemable Series A preferred stock | ||||
Current liabilities: | ||||
Redeemable Series A and B preferred stock | 747,481 | 747,481 | ||
Redeemable Series B preferred stock | ||||
Current liabilities: | ||||
Redeemable Series A and B preferred stock | $ 172,936 | $ 172,936 | ||
|