Is Elevance Health (ELV) a Buy as Wall Street Analysts Look Optimistic? [Yahoo! Finance]
Elevance Health, Inc. (ELV)
Company Research
Source: Yahoo! Finance
Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Elevance Health (ELV). Elevance Health currently has an average brokerage recommendation (ABR) of 1.17, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 18 brokerage firms. An ABR of 1.17 approximates between Strong Buy and Buy. Of the 18 recommendations that derive the current ABR, 16 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 88.9% and 5.6% of all recommendations. Check price target & stock forecast for Elevance Health here While the ABR calls for buying Elevance Health, it may not be wise to make an investment decision solely based on this information.
Show less
Read more
Impact Snapshot
Event Time:
ELV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ELV alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ELV alerts
High impacting Elevance Health, Inc. news events
Weekly update
A roundup of the hottest topics
ELV
News
- Renalytix Reports Financial Results for Third Quarter of Fiscal Year 2024 [Yahoo! Finance]Yahoo! Finance
- Elevance Health, Inc.'s (NYSE:ELV) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason? [Yahoo! Finance]Yahoo! Finance
- Elevance Health (NYSE:ELV) Seems To Use Debt Rather Sparingly [Yahoo! Finance]Yahoo! Finance
- A Modest Proposal: An Academy For Healthcare Leaders [Forbes]Forbes
- The Return Trends At Elevance Health (NYSE:ELV) Look Promising [Yahoo! Finance]Yahoo! Finance
ELV
Earnings
- 4/18/24 - Beat
ELV
Sec Filings
- 5/15/24 - Form 8-K
- 4/25/24 - Form 4
- 4/23/24 - Form 144
- ELV's page on the SEC website