Anthem stock: buy or sell?

ANTM stock price: $292.58 -0.48% At close on November 19th, 2019

Updated on:
November 19th, 2019

4

Anthem shares depreciated -0.48% to $292.58 today. On Friday ANTM boosted a super good 5.31%.

Anthem, Inc., through its subsidiaries, operates as a health benefits company in the United States. It operates through three segments: Commercial & Specialty Business, Government Business, and Other.

Should I buy Anthem stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Anthem stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Anthem stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we detected 11 ratings published for ANTM stock in the last month.

The general sentiment of these ratings is bullish for ANTM stock, with 10 positive ratings.
Is ANTM a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-26Morgan Stanleyn/aOverweight
2019-9-12Deutsche Bankn/aBuy
2019-7-12Morgan Stanleyn/aOverweight
2019-5-10CitigroupNeutralBuy
2019-4-25SunTrust Banksn/aHold
2019-4-25Morgan StanleyOverweightOverweight
2019-4-25BarclaysOverweightOverweight
2019-4-23UBS Groupn/aBuy
2019-4-17BarclaysOverweightBuy
2019-3-8Credit Suisse GroupOutperformOutperform
2019-3-8Credit Suisse GroupOutperformOutperform

Anthem stock analysis

Daily outlook

Shares of Anthem depreciated a lame -0.48% and closed at $292.58.

Anthem shares depreciated -0.48% to $292.58 today. Since November/6 when ANTM stock price broke up the SMA200d line, it gained $19.58 (7.17%). From a daily perspective, ANTM is in a short term uptrend after plotting its last bottom ($266.53, on Nov 4th) higher than the previous bottom, and its last top ($307.38, yesterday) also over the previous top. Now trading in between its last bottom and last top ANTM might consolidate in a plain range, waiting to break out over $307.38 or down under $266.53.

ANTM stock chart (daily)

Weekly outlook

After climbing for 4 weeks, this week Anthem slightly fell a rough -1.76%, closing at $292.58. Last week ANTM climbed a wonderful 5.28% in just one week.

Weekly chart tells us that price is in a simple uptrend, tested $234.69 level and now climbing back aiming its last top at $311.48. Since early November when ANTM stock price broke up the SMA40w line, it gained $21.83 (8.06%). Far behind is the all-time high Anthem recorded late February but price is just -7.19% below that top.

ANTM stock chart (weekly)

Anthem stock price history

Anthem IPO was on October 30th, 2001 at $17.60 per share1. Since then, ANTM stock surged a 1,562.40%, with an average of 86.80% per year. If you had invested right after ANTM's IPO a $1,000 in Anthem stock in 2001, it would worth $15,624.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Anthem stock historical price chart

ANTM stock reached all-time highs on February with a price of $315.23.

Anthem stock price target is $344.40

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last month we found 8 price targets for Anthem stock:
ANTM stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-26Morgan StanleyLowers Target$371.00$356.00-4%
2019-7-12Morgan StanleyRaises Target$359.00$371.003.3%
2019-4-25SunTrust BanksLowers Targetn/a$300.00-
2019-4-25Morgan StanleyLowers Target$391.00$359.00-8.2%
2019-4-25BarclaysRaises Target$316.00$317.000.3%
2019-4-17BarclaysReiterates$338.00$316.00-6.5%
2019-3-8Credit Suisse GroupReiterates$344.00$368.007%
2019-3-8Credit Suisse GroupRaises Target$344.00$368.007%
(in average)$351.90$344.40-2.0%
The price forecast for Anthem stock is $344.40, moving in a range between $371.00 and $300.00.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last April, when Anthem posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
ANTM earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a3.18n/a
2017-Q32017-10-252.422.659.5%
2017-Q42018-01-311.271.291.6%
2018-Q12018-04-254.835.4112.0%
2018-Q22018-07-254.194.251.4%
2018-Q32018-10-313.673.813.8%
2018-Q42019-01-302.22.4410.9%
2019-Q12019-04-245.77n/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 2018, Anthem annual sales appreciated a tiny 2.29% to $92,105.00 million dollars from $90,040.00 marked in 2017. Improving that, its income margin (compared to sales) remained steady to 4.07%, that is $3,750.00 million.

Anthem presents anual results in December, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Anthem TTM sales up to March 2019 were $94,233.70 and income $3,989.40 M dollars. When comparing this TTM figures with the last reported annuality, we can review Anthem business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, raised a slightly good 2.31%. Nonetheless, profit margin (net income/revenues) remained constant at 4.07%.

ANTM annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$71,170 M-$2,630 M3.7%-
2014$73,874 M3.80%$2,570 M3.5%-2.29%
2015$79,157 M7.15%$2,560 M3.2%-0.38%
2016$84,863 M7.21%$2,470 M2.9%-3.52%
2017$90,040 M6.10%$3,843 M4.3%55.60%
2018$92,105 M2.29%$3,750 M4.1%-2.42%
TTM $94,234 M2.31%$3,989 M4.2%6.38%

Quarterly financial results

Anthem reported $24,666.00 M in sales for 2019-Q1, a 5.53% up compared to previous quarter. Reported quarter earnings marked $1,551.00 million with a profit margin of 6.29%. Profit margin gained a 4.47% compared to previous quarter when profit margin was 1.82%. When comparing revenues to same quarter last year, Anthem sales marked a wonderful growth and soared a 9.44%. Looking back to recent quarterly results, Anthem posted 4 negative quarters in a row.
ANTM quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$22,430 M-$855 M3.8%-
2017-Q3$22,440 M0.04%$747 M3.3%-12.67%
2017-Q4$22,680 M1.07%$1,231 M5.4%64.79%
2018-Q1$22,538 M-0.63%$1,313 M5.8%6.64%
2018-Q2$22,944 M1.80%$1,053 M4.6%-19.74%
2018-Q3$23,251 M1.34%$960 M4.1%-8.87%
2018-Q4$23,373 M0.52%$425 M1.8%-55.73%
2019-Q1$24,666 M5.53%$1,551 M6.3%264.94%

Anthem ownership

When you are planning to invest in a company, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Anthem, 0.17% of all outstanding shares are owned by its staff.

Bearish positions for ANTM stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to Anthem:

ANTMCNCHUMUNH
Market cap$74.2 B$24.6 B$45.4 B$258.6 B
Total shares253.6 M413.8 M135.1 M947.4 M
Float shares253.2 M408.0 M132.0 M941.0 M
  - Institutional holdings (%)91.4%92.3%96.4%88.2%
  - Insider holdings (%)0.2%2.4%0.2%0.6%
Shares in short selling0.0%0.0%0.0%0.0%

Anthem summary

Tuesday, November 19th, 2019
Open$294.48
Close$292.58
Day range$290.14 - $295.15
Previous close$294.00
Session gain-0.48%
Average true range$7.06
50d mov avg$258.19
100d mov avg$269.15
200d mov avg$275.71
Daily patternlt06a
Weekly pattern lb01a

Anthem performance

To measure stock performance is always good to compare with competitors or related stocks. We picked Centene, Humana and UnitedHealth as the bechmarking frame for Anthem stock.
Stock3m6m12m
ANTMAnthem12.73%6.18%5.40%
CNCCentene32.78%4.41%-12.80%
HUMHumana17.39%28.19%10.77%
UNHUnitedHealth18.88%11.23%6.02%

Anthem competitors

One check before trading any stock is to review a list of its competitors, in this case for Anthem. We chose 3 companies as Anthem competitors as they are in the same industry or have similar market objectives.

Latest Anthem stock news