Signify Health Financials
SGFYDelisted Stock | USD 30.49 0.00 0.00% |
Signify |
Please note, the imprecision that can be found in Signify Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Signify Health. Check Signify Health's Beneish M Score to see the likelihood of Signify Health's management manipulating its earnings.
Signify Health Stock Summary
Signify Health competes with Evolent Health, Certara, National Research, Definitive Healthcare, and HealthStream. Signify Health, Inc. operates a healthcare platform that utilizes analytics, technology, and healthcare provider networks in the United States. Signify Health, Inc. was founded in 2017 and is headquartered in Dallas, Texas. Signify Health operates under Health Information Services classification in the United States and is traded on New York Stock Exchange. It employs 2200 people.Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US82671G1004 |
Business Address | 4055 Valley View |
Sector | Healthcare |
Industry | Health Information Services |
Benchmark | Dow Jones Industrial |
Website | www.signifyhealth.com |
Phone | 855 984 5121 |
Currency | USD - US Dollar |
Signify Health Key Financial Ratios
Return On Equity | -0.11 | |||
Return On Asset | 0.0254 | |||
Target Price | 28.88 | |||
Beta | 0.36 | |||
Z Score | 15.6 |
Signify Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Signify Health's current stock value. Our valuation model uses many indicators to compare Signify Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Signify Health competition to find correlations between indicators driving Signify Health's intrinsic value. More Info.Signify Health is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Signify Health's earnings, one of the primary drivers of an investment's value.Signify Health Market Pulse
Quote | 30.49 |
Change(%) | 0.00 |
Change | 0.00 |
Open | 30.49 |
Low | 30.49 |
High | 30.49 |
Volume | 0 |
Exchange | NYSE |
Steps to analyze company Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Signify Health is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Signify has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Signify Health's financials are consistent with your investment objective using the following steps:- Review Signify Health's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Signify Health's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Signify Health's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Signify Health's stock is overvalued or undervalued.
Signify Health December 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Signify Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Signify Health. We use our internally-developed statistical techniques to arrive at the intrinsic value of Signify Health based on widely used predictive technical indicators. In general, we focus on analyzing Signify Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Signify Health's daily price indicators and compare them against related drivers.
Downside Deviation | 0.4702 | |||
Information Ratio | 0.0702 | |||
Maximum Drawdown | 5.76 | |||
Value At Risk | (0.76) | |||
Potential Upside | 0.7674 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Consideration for investing in Signify Stock
If you are still planning to invest in Signify Health check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Signify Health's history and understand the potential risks before investing.
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