Anthem (NASDAQ:ANTX) Posts Earnings Results, Misses Estimates By $0.06 EPS

Anthem (NASDAQ:ANTX) released its quarterly earnings results on Monday. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.06), FiscalAI reports.

Anthem Price Performance

ANTX stock opened at $4.59 on Tuesday. The company has a market cap of $165.22 million, a P/E ratio of -3.96 and a beta of -0.95. The firm has a 50-day moving average of $3.74 and a 200 day moving average of $2.05. Anthem has a 1 year low of $1.00 and a 1 year high of $6.91.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Weiss Ratings began coverage on Anthem in a report on Tuesday, April 7th. They set a “sell (d-)” rating for the company. Wall Street Zen raised shares of Anthem from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock has a consensus rating of “Sell”.

Anthem Company Profile

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. The company offers a spectrum of network-based managed care health benefit plans to large and small group, individual, Medicaid, and Medicare markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans and other hybrid plans, such as consumer-driven health plans; and hospital only and limited benefit products.