Anthem stock: buy or sell?

ANTM stock price: $305.30 -0.51% At close on July 16th, 2019

Updated on:
July 16th, 2019

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Shares of Anthem ended today at $305.30 and decreased a disappointing -0.51%. On Thursday ANTM climbed an exceptional 5.25%.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. 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 doesn't mean ANTM will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Anthem stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we gathered 15 ratings published for ANTM stock in the last 30 days.

The general sentiment of these ratings is bullish for ANTM stock, with 12 positive ratings.
Is ANTM a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
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
2019-1-31SunTrust Banksn/an/a
2019-1-31Stephensn/aOverweight
2019-1-31Royal Bank of CanadaOutperformOutperform
2019-1-31Morgan StanleyOverweightTop Pick
2019-1-31Morgan Stanleyn/aOverweight
2019-1-31Credit Suisse GroupOutperformOutperform

Anthem stock analysis

Daily outlook

Anthem shares decreased -0.51% to $305.30 today.

Anthem closed today at $305.30 and decreased a disappointing -0.51%. On May ANTM price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. From a daily perspective, ANTM is in a short term uptrend after plotting its last bottom ($275.54, on Jun 28th) higher than the previous bottom, and its last top ($312.48, on Friday) 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 $312.48 or down under $275.54. On February, ANTM hit a new all time high, pushing higher than on February tops. Check different trading setups that use ATHs as triggers.

ANTM stock chart (daily)

Weekly outlook

After boosting an extraordinary 8.51% in a week last week, Anthem closed this week at $305.30 and depreciated a disappointing -1.67%.

Since price and SMA40w lines crossed up late May, ANTM climbed $40.99 (15.51%). Far behind is the all-time high Anthem marked late February but price is just -3.46% below that top. Since last week when SMA10w and SMA20w crossed up, ANTM price gained $21.24 per share (7.48%).

ANTM stock chart (weekly)

Anthem stock price history

Anthem stock went public on October 30th, 2001 with a price of $17.661. Since then, ANTM stock grew a 1,628.80%, with an average of 95.80% per year. If you had invested $1,000 in Anthem stock in 2001, it would worth $16,288.00 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 $316.24.

Anthem stock price target is $347.50

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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 12 price predictions for Anthem stock:
ANTM stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
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%
2019-1-31SunTrust BanksRaises Targetn/a$340.00-
2019-1-31StephensRaises Target$310.00$350.0012.9%
2019-1-31Royal Bank of CanadaReiterates$318.00$346.008.8%
2019-1-31Morgan StanleyRaises Target$372.00$391.005.1%
2019-1-31Credit Suisse GroupReiterates$330.00$344.004.2%
(in average)$342.20$347.502.0%
Moving in a range from $391.00 and $300.00, the price forecast for ANTM stock is $347.50.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report on April, Anthem rocketed a dazzling 21.98%. As soon as we get its posted EPS from the earnings report, we will update this review.
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 revenues appreciated a slightly good 2.29% to $92,105.00 million USD from $90,040.00 marked in 2017. When comparing 2018 vs 2017, however, profit margin (that is, the net income divided by revenues) stayed constant a -0.20% to 4.07%.

Anthem presents anual results in December, and to evaluate 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 earnings $3,989.40 million USD. When comparing this TTM figures with the last reported annuality, we can review Anthem business evolution since December 2018: Annual revenues up to March, compared to lastest yearly report, inched a tiny 2.31%. Regarding profit margin, Anthem stayed constant 0.16% to 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 million in revenues for 2019-Q1, a 5.53% improvement compared to previous quarter. Reported quarter earnings marked $1,551.00 million with a profit margin of 6.29%. Profit margin stepped up a 4.47% compared to previous quarter when profit margin was 1.82%. When comparing sales to same quarter last year, Anthem sales marked a brilliant growth and escalated a 9.44%. Looking back to recent quarterly results, Anthem posted 4 positive 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 stock, it's always 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.

For a better context understanding, the next table shows ownership data compared to other related companies:

ANTMCNCHUMUNH
Market cap$78.5 B$9.4 B$38.4 B$252.8 B
Total shares257.2 M173.6 M135.0 M950.3 M
Float shares256.9 M407.9 M134.7 M944.3 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, July 16th, 2019
Open$307.51
Close$305.30
Day range$303.10 - $307.60
Previous close$306.85
Session gain-0.51%
Average true range$6.65
50d mov avg$279.89
100d mov avg$281.56
200d mov avg$278.39
Daily patternlt06a
Weekly pattern

Anthem performance

To measure stock performance is always good to compare with competitors or related stocks. We selected Centene, Humana and UnitedHealth as the bechmarking frame for Anthem stock.
Stock3m6m12m
ANTMAnthem27.78%15.36%24.18%
CNCCentene12.16%-14.61%-20.17%
HUMHumana18.38%-3.40%-9.87%
UNHUnitedHealth20.47%1.00%6.82%

Anthem competitors

One check before investing in 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