Astrana Health Stock Buy Hold or Sell Recommendation

ASTH Stock   33.47  0.23  0.68%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Astrana Health is 'Hold'. The recommendation algorithm takes into account all of Astrana Health's available fundamental, technical, and predictive indicators you will find on this site.
  
Check out Astrana Health Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.
In addition, we conduct extensive research on individual companies such as Astrana and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Astrana Health. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Execute Astrana Health Buy or Sell Advice

The Astrana recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Astrana Health. Macroaxis does not own or have any residual interests in Astrana Health or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Astrana Health's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Astrana HealthBuy Astrana Health
Hold

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Almost mirrors the marketDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Possible ManipulatorDetails
For the selected time horizon Astrana Health has a Risk Adjusted Performance of (0.16), Jensen Alpha of (0.78), Total Risk Alpha of (0.85) and Treynor Ratio of (0.69)
Our advice module can be used to complement Astrana Health investment recommendation provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available at the time. To make sure Astrana Health is not overpriced, please confirm all Astrana Health fundamentals, including its cash flow from operations, and the relationship between the gross profit and beta . Given that Astrana Health has a shares owned by institutions of 45.99 %, we suggest you to validate Astrana Health market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Astrana Health Trading Alerts and Improvement Suggestions

Astrana Health generated a negative expected return over the last 90 days
Astrana Health has high historical volatility and very poor performance
Astrana Health is unlikely to experience financial distress in the next 2 years
Astrana Health was previously known as Astrana Health and was traded on NASDAQ Exchange under the symbol AMEH.
About 24.0% of the company shares are held by company insiders
Latest headline from finance.yahoo.com: Astrana Health sheds 12 percent this week, as yearly returns fall more in line with earnings growth

Astrana Health Returns Distribution Density

The distribution of Astrana Health's historical returns is an attempt to chart the uncertainty of Astrana Health's future price movements. The chart of the probability distribution of Astrana Health daily returns describes the distribution of returns around its average expected value. We use Astrana Health price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Astrana Health returns is essential to provide solid investment advice for Astrana Health.
Mean Return
-0.74
Value At Risk
-3.96
Potential Upside
3.13
Standard Deviation
3.44
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Astrana Health historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Astrana Stock Institutional Investors

Shares
Northern Trust Corp2024-09-30
424.1 K
Morgan Stanley - Brokerage Accounts2024-09-30
342.6 K
Fort Washington Investment Advisors Inc2024-09-30
299.8 K
Bank Of New York Mellon Corp2024-09-30
268.7 K
Goldman Sachs Group Inc2024-09-30
258.9 K
Royal Bank Of Canada2024-09-30
254.6 K
Bellevue Group Ag2024-09-30
254.2 K
Amvescap Plc.2024-09-30
241.8 K
Atria Wealth Solutions, Inc.2024-09-30
237.4 K
Blackrock Inc2024-06-30
6.4 M
Vanguard Group Inc2024-09-30
4.7 M
Note, although Astrana Health's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Astrana Health Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash(3.6M)90.0M39.1M54.9M6.1M5.8M
Free Cash Flow12.6M45.0M51.1M59.2M39.7M41.7M
Other Non Cash Items5.3M(102.1M)22.9M15.2M6.4M9.7M
Capital Expenditures1.0M1.2M19.2M22.9M28.5M30.0M
Net Income17.7M122.3M49.3M50.5M57.8M60.7M
End Period Cash Flow104.0M194.0M233.1M288.0M294.2M308.9M
Change To Inventory(29.6M)(5.8M)1.0M31.4M12.2M12.8M
Depreciation18.8M18.4M17.5M17.5M17.7M8.9M
Investments(129.7M)108.0M32.4M34.3M(65.5M)(62.2M)
Change Receivables(5.8M)15.6M(26.8M)(28.8M)(25.9M)(24.6M)
Net Borrowings281.4M(105K)(58.0M)(828K)(952.2K)(904.6K)
Dividends Paid61.7M51.3M31.1M14.0M(62.1M)(59.0M)
Change To Netincome2.3M(106.7M)(2.0M)(3.7M)(3.3M)(3.5M)

Astrana Health Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Astrana Health or Health Care Providers & Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Astrana Health's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Astrana stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over Dow Jones
-0.78
β
Beta against Dow Jones1.09
σ
Overall volatility
3.52
Ir
Information ratio -0.22

Astrana Health Volatility Alert

Astrana Health exhibits very low volatility with skewness of -2.89 and kurtosis of 16.39. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Astrana Health's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Astrana Health's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Astrana Health Fundamentals Vs Peers

Comparing Astrana Health's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Astrana Health's direct or indirect competition across all of the common fundamentals between Astrana Health and the related equities. This way, we can detect undervalued stocks with similar characteristics as Astrana Health or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Astrana Health's fundamental indicators could also be used in its relative valuation, which is a method of valuing Astrana Health by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Astrana Health to competition
FundamentalsAstrana HealthPeer Average
Return On Equity0.1-0.31
Return On Asset0.0449-0.14
Profit Margin0.04 %(1.27) %
Operating Margin0.06 %(5.51) %
Current Valuation1.65 B16.62 B
Shares Outstanding45.65 M571.82 M
Shares Owned By Insiders23.60 %10.09 %
Shares Owned By Institutions45.99 %39.21 %
Number Of Shares Shorted1.64 M4.71 M
Price To Book2.17 X9.51 X
Price To Sales0.89 X11.42 X
Revenue1.39 B9.43 B
Gross Profit199.48 M27.38 B
EBITDA123.69 M3.9 B
Net Income57.85 M570.98 M
Total Debt321.01 M5.32 B
Book Value Per Share14.75 X1.93 K
Cash Flow From Operations68.23 M971.22 M
Short Ratio4.86 X4.00 X
Earnings Per Share1.30 X3.12 X
Target Price64.5
Number Of Employees1.8 K18.84 K
Beta1.24-0.15
Market Capitalization1.53 B19.03 B
Total Asset933.36 M29.47 B
Retained Earnings243.13 M9.33 B
Working Capital242.83 M1.48 B
Net Asset933.36 M
Note: Disposition of 5100 shares by Kitayama Mitchell W of Astrana Health at 43.09 subject to Rule 16b-3 [view details]

Astrana Health Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Astrana . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Astrana Health Buy or Sell Advice

When is the right time to buy or sell Astrana Health? Buying financial instruments such as Astrana Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.

Use Investing Ideas to Build Portfolios

In addition to having Astrana Health in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Printing and Publishing Thematic Idea Now

Printing and Publishing
Printing and Publishing Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Printing and Publishing theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Printing and Publishing Theme or any other thematic opportunities.
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When determining whether Astrana Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Astrana Health's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Astrana Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Astrana Health Stock:
Check out Astrana Health Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more detail on how to invest in Astrana Stock please use our How to Invest in Astrana Health guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Astrana Health. If investors know Astrana will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Astrana Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Earnings Share
1.3
Revenue Per Share
36.415
Quarterly Revenue Growth
0.375
Return On Assets
0.0449
The market value of Astrana Health is measured differently than its book value, which is the value of Astrana that is recorded on the company's balance sheet. Investors also form their own opinion of Astrana Health's value that differs from its market value or its book value, called intrinsic value, which is Astrana Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Astrana Health's market value can be influenced by many factors that don't directly affect Astrana Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Astrana Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Astrana Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Astrana Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.