MultiPlan (NYSE:MPLN) Posts Quarterly Earnings Results, Beats Estimates By $8.36 EPS

MultiPlan (NYSE:MPLN) posted its quarterly earnings results on Tuesday. The company reported ($5.14) EPS for the quarter, beating analysts’ consensus estimates of ($13.50) by $8.36, Zacks reports. MultiPlan had a negative net margin of 163.30% and a negative return on equity of 12.14%. MultiPlan updated its FY 2025 guidance to EPS.

MultiPlan Stock Performance

MPLN opened at $14.15 on Tuesday. The company has a market cap of $228.82 million, a PE ratio of -0.15 and a beta of 0.13. The company’s 50-day moving average is $17.39. MultiPlan has a 52-week low of $4.80 and a 52-week high of $48.80. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 21.73.

Analyst Ratings Changes

Separately, Citigroup increased their price objective on MultiPlan from $10.00 to $12.50 and gave the stock a “neutral” rating in a report on Friday, January 10th.

MultiPlan Company Profile

MultiPlan Corporation, together with its subsidiaries, provides data analytics and technology-enabled cost management, payment, and revenue integrity solutions to the healthcare industry in the United States. The company offers analytics-based services that reduce medical costs, through data-driven algorithms and insights that detect claims over-charges and negotiate or recommend reimbursement; and network-based services that provide contracted discounts with healthcare providers, as well as outsourced network development and management services.