Healthcare -
Medical - Healthcare Information Services - NYSE - US
$ 16.07
8.29 %
$ 260 M
Market Cap
-0.17
P/E
1. INTRINSIC VALUE
Balance Sheet
MultiPlan Corporation
| Current Assets | 194 M |
| Cash & Short-Term Investments | 71.5 M |
| Receivables | 76.6 M |
| Other Current Assets | 45.5 M |
| Non-Current Assets | 6.77 B |
| Long-Term Investments | 15 M |
| PP&E | 287 M |
| Other Non-Current Assets | 6.47 B |
| Current Liabilities | 167 M |
| Accounts Payable | 19.6 M |
| Short-Term Debt | 18 M |
| Other Current Liabilities | 129 M |
| Non-Current Liabilities | 5.09 B |
| Long-Term Debt | 4.55 B |
| Other Non-Current Liabilities | 539 M |
EFFICIENCY
Earnings Waterfall
MultiPlan Corporation
| Revenue | 962 M |
| Cost Of Revenue | 655 M |
| Gross Profit | 306 M |
| Operating Expenses | 564 M |
| Operating Income | 173 M |
| Other Expenses | 265 M |
| Net Income | -91.7 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
MultiPlan Corporation
| Net Income | -91.7 M |
| Depreciation & Amortization | 426 M |
| Capital Expenditures | -109 M |
| Stock-Based Compensation | 18 M |
| Change in Working Capital | -21.9 M |
| Others | -57.6 M |
| Free Cash Flow | 62.9 M |
Wall Street Analysts Price Targets
MultiPlan Corporation
Wall Street analysts predict an average 1-year price target for MPLN of $10 , with forecasts ranging from
a
low of
$10 to a high of $10 .
MPLN Lowest Price Target
Wall Street Target
10 USD
-37.77%
MPLN Average Price Target
Wall Street Target
10 USD
-37.77%
MPLN Highest Price Target
Wall Street Target
10 USD
-37.77%
4. DIVIDEND
ANALYSIS
MPLN does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
MultiPlan Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
250 K USD 1
0-3 MONTHS
635 K USD 3
3-6 MONTHS
96 K USD 1
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
2 months ago
Nov 15, 2024
|
Bought
250 K USD
|
Kim Michael
SVP, Chief Information Officer
|
+ 40000
|
6.2397 USD |
|
5 months ago
Aug 07, 2024
|
Bought
78.8 K USD
|
Mintz William B.
SVP, Corp. Affairs/Strategy
|
+ 197000
|
0.4 USD |
|
5 months ago
Aug 06, 2024
|
Bought
25.6 K USD
|
Mintz William B.
SVP, Corp. Affairs/Strategy
|
+ 81165
|
0.3149 USD |
|
5 months ago
Aug 07, 2024
|
Bought
185 K USD
|
Dalton Travis
Pres., Chief Executive Officer
|
+ 500000
|
0.37 USD |
|
5 months ago
Aug 06, 2024
|
Bought
46.5 K USD
|
Garis Douglas Michael
EVP, CFO & Treasurer
|
+ 150000
|
0.3097 USD |
|
5 months ago
Aug 06, 2024
|
Bought
299 K USD
|
Garis Douglas Michael
EVP, CFO & Treasurer
|
+ 1000000
|
0.2993 USD |
|
8 months ago
May 16, 2024
|
Bought
96 K USD
|
Colaluca Anthony Jr
Director
|
+ 160000
|
0.6 USD |
|
2 years ago
Nov 21, 2022
|
Bought
51.4 K USD
|
Colaluca Anthony Jr
Director
|
+ 35000
|
1.4698 USD |
|
2 years ago
Aug 22, 2022
|
Sell 8.55 M
USD
|
Tabak Mark
Director
|
- 2250000
|
3.8 USD |
|
2 years ago
Aug 22, 2022
|
Sell 8.55 M
USD
|
Tabak Mark
director:
|
- 2250000
|
3.8 USD |
|
2 years ago
Aug 11, 2022
|
Sell 218 K
USD
|
Kim Michael
SVP, Chief Information Officer
|
- 50000
|
4.3672 USD |
|
3 years ago
Nov 29, 2021
|
Bought
1.3 M USD
|
Head James M
EVP & Chief Financial Officer
|
+ 300000
|
4.34 USD |
|
3 years ago
Nov 05, 2021
|
Bought
99 K USD
|
Colaluca Anthony Jr
Director
|
+ 25000
|
3.96 USD |
|
3 years ago
Aug 20, 2021
|
Bought
72 K USD
|
Klapstein Julie D
Director
|
+ 12000
|
5.9964 USD |
|
4 years ago
Dec 07, 2020
|
Bought
13.3 M USD
|
H&F Corporate Investors VIII, Ltd.
10 percent owner
|
+ 1597324
|
8.3446 USD |
|
4 years ago
Dec 04, 2020
|
Bought
865 K USD
|
H&F Corporate Investors VIII, Ltd.
10 percent owner
|
+ 114721
|
7.5363 USD |
|
4 years ago
Dec 04, 2020
|
Bought
700 K USD
|
AUGUST GLENN R
Director
|
+ 100000
|
7 USD |
|
4 years ago
Dec 03, 2020
|
Bought
3.7 M USD
|
AUGUST GLENN R
Director
|
+ 529213
|
6.9983 USD |
|
4 years ago
Dec 02, 2020
|
Bought
1.38 M USD
|
AUGUST GLENN R
Director
|
+ 197052
|
6.9967 USD |
|
4 years ago
Nov 18, 2020
|
Bought
101 K USD
|
Galant Paul
President, New Markets
|
+ 14050
|
7.1683 USD |
|
4 years ago
Nov 17, 2020
|
Bought
102 K USD
|
Galant Paul
President, New Markets
|
+ 14500
|
7.0056 USD |
|
4 years ago
Nov 17, 2020
|
Bought
4.93 M USD
|
Klein Michael Stuart
Director
|
+ 700000
|
7.037 USD |
|
4 years ago
Nov 16, 2020
|
Bought
4.98 M USD
|
Klein Michael Stuart
Director
|
+ 700000
|
7.1106 USD |
|
4 years ago
Nov 13, 2020
|
Bought
4.89 M USD
|
Klein Michael Stuart
Director
|
+ 741000
|
6.596 USD |
|
4 years ago
Oct 07, 2020
|
Bought
2.69 M USD
|
Klein Michael Stuart
director, 10 percent owner:
|
+ 261711
|
10.2967 USD |
|
4 years ago
Oct 06, 2020
|
Bought
2.27 M USD
|
Klein Michael Stuart
director, 10 percent owner:
|
+ 220000
|
10.31 USD |
|
4 years ago
Oct 07, 2020
|
Bought
2.69 M USD
|
Klein Mark D
Director
|
+ 261711
|
10.2967 USD |
|
4 years ago
Oct 06, 2020
|
Bought
2.27 M USD
|
Klein Mark D
Director
|
+ 220000
|
10.31 USD |
7. News
MultiPlan Announces Commencement of Exchange Offers and Consent Solicitations for Outstanding Notes
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data solutions focused on cost management, improving quality and transparency in healthcare, today announced a comprehensive refinancing to extend the maturities of its entire debt capital structure. “Our top priority is investing in our business to drive MultiPlan's organic growth. This refinancing extends our debt maturities and will ensure that our capital struct.
businesswire.com
- 3 weeks ago
MultiPlan Announces Comprehensive Refinancing
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of technology and data solutions focused on cost management, improving quality and transparency in healthcare, today announced a comprehensive refinancing to extend the maturities of its entire debt capital structure. MultiPlan has entered into an agreement (the “Transaction Support Agreement”) with certain ad hoc groups of noteholders and lenders collectively beneficially owning app.
businesswire.com
- 3 weeks ago
MultiPlan Corporation (MPLN) Q3 2024 Earnings Conference Call Transcript
MultiPlan Corporation (NYSE:MPLN ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Shawna Gasik - AVP, IR Travis Dalton - CEO Doug Garis - CFO Conference Call Participants Joshua Raskin - Nephron Research Daniel Grosslight - Citigroup Jessica Tassan - Piper Sandler Madison Aron - JPMorgan Operator Hello and welcome to the MultiPlan Corporation Third Quarter 2024 Earnings Call. My name is Harry and I will be your operator today.
seekingalpha.com
- 2 months ago
MultiPlan Corporation (MPLN) Reports Q3 Loss, Lags Revenue Estimates
MultiPlan Corporation (MPLN) came out with a quarterly loss of $1.85 per share versus the Zacks Consensus Estimate of a loss of $2.37. This compares to loss of $2.40 per share a year ago.
zacks.com
- 2 months ago
MultiPlan Reports Third Quarter 2024 Results and Updates 2024 Guidance
NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, today reported financial results for the third quarter ended September 30, 2024 and updated its full-year 2024 guidance. CEO Travis Dalton said, “During the third quarter, we experienced growth in volumes of billed charges and identified.
businesswire.com
- 2 months ago
MultiPlan Accepting Applications for Rural Health Grant
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE:MPLN), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, is accepting applications for its Rural Health Grant now through December 15, 2024 from rural healthcare providers in the U.S. The grants provide financial resources to introduce or expand services, education, screenings and other programs aimed at improving the health.
businesswire.com
- 2 months ago
MultiPlan Corporation (MPLN) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
MultiPlan (MPLN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 2 months ago
MultiPlan Appoints Tiffani Misencik to Drive Strategic Growth
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (“MultiPlan” or the “Company”) (NYSE: MPLN), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, today announced a new addition to its executive leadership team to support the next phase of the Company's strategic growth. Tiffani Misencik has been appointed Chief Growth Officer. In this newly created role, Misencik will oversee Multi.
businesswire.com
- 2 months ago
MultiPlan Corporation Announces Third Quarter 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--MultiPlan Corporation Announces Third Quarter 2024 Earnings Conference Call.
businesswire.com
- 3 months ago
Strength Seen in MultiPlan (MPLN): Can Its 9.0% Jump Turn into More Strength?
MultiPlan (MPLN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
zacks.com
- 3 months ago
MultiPlan Stock Falls Even After NRHA Rural Healthcare Deal
MPLN and NRHA team up to empower rural healthcare providers with innovative technology and data-driven solutions, improving access, quality and affordability.
zacks.com
- 3 months ago
MultiPlan and the National Rural Health Association Announce Strategic Alliance to Empower Rural Healthcare Providers through Innovative Technology and Services
NEW YORK--(BUSINESS WIRE)---- $MPLN #MPLN--MultiPlan Corporation (NYSE: MPLN) (“MultiPlan” or the “Company”), a leading provider of data-driven cost management solutions that deliver transparency and promote fairness, quality and affordability to the U.S. healthcare industry, and the National Rural Health Association (NRHA), a non-profit membership organization that provides leadership on rural health issues, announced today a strategic alliance to improve access to high-quality healthcare services in rural co.
businesswire.com
- 3 months ago
8. Profile
Summary
MultiPlan Corporation MPLN
COUNTRY
US
INDUSTRY
Medical - Healthcare Information Services
MARKET CAP
$ 260 M
Dividend Yield
0.00%
Description
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, which reduce medical costs through data-driven algorithms that detect claims over-charges and recommend or negotiate reimbursement; network-based services that reduce medical costs through contracted discounts with healthcare providers; and payment and revenue integrity services, which reduce medical costs by identifying and removing improper and unnecessary charges paid during the claim. It also provides health benefit plans, which features reference-based pricing and tools to engage health plan members and providers to make the use of benefits before and after care delivery. The company serves national insurance companies, Blue Cross and Blue Shield plans, provider-sponsored and independent health plans, third party administrators, bill review companies, Taft-Hartley plans, and other entities that pay medical bills in the commercial healthcare, government, workers' compensation, and auto medical markets. MultiPlan Corporation was founded in 1980 and is headquartered in New York, New York.
Contact
115 Fifth Avenue, New York, NY, 10003
https://www.multiplan.us
IPO
Date
April 3, 2020
Employees
2800
Officers
Mr. Travis S. Dalton
Chief Executive Officer, President & Director
Mr. Jerome W. Hogge III
Chief Operations Officer
Ms. Carol H. Nutter
Chief People Officer
Mr. Jason Wong
Senior Vice President of Treasury & Investor Relations
Mr. James M. Head
Strategic Advisor
Ms. Melissa Humphrey
Senior Vice President of Marketing & Communications
Mr. Doug Garis
Executive Vice President & Chief Financial Officer
Ms. Tara O'Neil
General Counsel
Mr. Dale A. White
Executive Chairman
Mr. Michael C. Kim
Chief Information Officer