Cano Health, Inc. Receives 2.08 Average Price Target from Brokerages
CANODelisted Stock | USD 1.37 0.04 2.84% |
About 61% of Cano Health's investor base is looking to short. The analysis of current outlook of investing in Cano Health suggests that many traders are alarmed regarding Cano Health's prospects. Cano Health's investing sentiment overview a quick insight into current market opportunities from investing in Cano Health. Many technical investors use Cano Health stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Cano |
Cano Health, Inc. has been given a consensus recommendation of Reduce by the eight research firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company. The average 12-month price
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Cano Health Fundamental Analysis
We analyze Cano Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cano Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cano Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
Cano Health is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Cano Health Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cano Health stock to make a market-neutral strategy. Peer analysis of Cano Health could also be used in its relative valuation, which is a method of valuing Cano Health by comparing valuation metrics with similar companies.
Peers
Cano Health Related Equities
AGL | Agilon Health | 11.56 | ||||
TOI | Oncology Institute | 4.55 | ||||
ACHC | Acadia Healthcare | 1.26 | ||||
LFST | Lifestance Health | 0.42 | ||||
EHAB | Enhabit | 0.12 | ||||
ENSG | Ensign | 1.13 | ||||
SEM | Select Medical | 1.16 | ||||
USPH | US Physicalrapy | 1.67 | ||||
UHS | Universal Health | 2.24 | ||||
PNTG | Pennant | 2.47 | ||||
BKD | Brookdale Senior | 2.95 | ||||
THC | Tenet Healthcare | 3.38 | ||||
INNV | InnovAge Holding | 4.58 |
Check out Trending Equities 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 board of governors. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Cano Stock
If you are still planning to invest in Cano 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 Cano Health's history and understand the potential risks before investing.
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