Relatively Low Earnings Yield Detected in Shares of WellCare Health Plans in the Managed Health Care Industry (WCG, HNT, HUM, MGLN, UNH)
Below are the three companies in the Managed Health Care industry with the lowest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.
WellCare Health Plans ranks lowest with a an earnings yield of 2.9%. Following is Health Net with a an earnings yield of 3.5%. Humana ranks third lowest with a an earnings yield of 4.0%.
Magellan Health Services follows with a an earnings yield of 4.3%, and UnitedHealth rounds out the bottom five with a an earnings yield of 4.3%.
SmarTrend recommended that subscribers consider buying shares of WellCare Health Plans on May 23rd, 2016 as our technology indicated a new Uptrend was in progress when shares hit $96.79. Since that recommendation, shares of WellCare Health Plans have risen 22.0%. We continue to monitor WellCare Health Plans for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest earnings yield wellcare health plans health net Humana magellan health services UnitedHealth