Undervalued Healthcare Plan Stocks on NYS September 2023

September 16, 2023

Healthcare Plans

Companies in the Healthcare Plans industry offer a wide variety of managed health products and services, including HMOs, PPOs, and other health insurance plans, and are largely based in the United States.

New York Stock Exchange

The New York Stock Exchange, located in New York City, is the largest securities exchange in the world by market capitalization of its listed companies.

Our Valuation

A stock is considered undervalued if it trades at a discount to our valuation. To determine a stock’s intrinsic value, we developed an algorithm that uses 6 valuation models to determine the value of a company.* To learn more about stockcalc’s valuation methods, click here.

Undervalued Healthcare Plans stocks

Stocks in this category are held primarily for potential income and capital appreciation.

For an in-depth look at the fundamentals and valuation of each company, try the stockcalc platform free for 30 days.

SymbolNameClose Price ($)Valuation ($)Difference (%)Average Vol (30D)Market Cap ($M)Yield (%)P/E Ratio
CNC Centene 67.81 73.70 8.69 3545013 37316 0.00 13.9
CI Cigna Group 283.22 289.42 2.19 1343101 83412 1.70 13.0
All data provided as at market close September 14, 2023.

Company Details

Centene

CNC:NYS

Close Price

67.81

Our Valuation

73.70

% Difference

8.69

Market Cap ($M)

37316

P/E Ratio

13.9

Centene is a managed-care organization focused on government-sponsored healthcare plans, including Medicaid, Medicare, and the individual exchanges. Centene served 24 million medical members as of June 2023, mostly in Medicaid (67% of membership), the individual exchanges (14%), and Medicare Advantage (6%) plans. The company also serves traditional Medicare users with its Medicare Part D pharmaceutical program.

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Cigna Group

CI:NYS

Close Price

283.22

Our Valuation

289.42

% Difference

2.19

Market Cap ($M)

83412

P/E Ratio

13.0

Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene.

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Centene and Cigna Group are the most undervalued Healthcare Plans stocks on the NYS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-healthcare-plan-stocks-nys-september-2023
Centene $CNC and Cigna Group $CI are the most undervalued Healthcare Plans stocks on the #NYS. See the full list: https://www.stockcalc.com/Blog/undervalued-healthcare-plan-stocks-nys-september-2023
Centene and Cigna Group are the most undervalued Healthcare Plans stocks on the NYS. See the full list on the blog: https://www.stockcalc.com/Blog/undervalued-healthcare-plan-stocks-nys-september-2023

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