MultiPlan (MPLN) Expected to Announce Quarterly Earnings on Tuesday

MultiPlan (NYSE:MPLN) will likely be posting its quarterly earnings results before the market opens on Tuesday, February 25th. Analysts expect MultiPlan to post earnings of ($13.50) per share and revenue of $234.77 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

MultiPlan Price Performance

Shares of MultiPlan stock opened at $29.32 on Monday. The firm’s 50 day moving average price is $16.94. MultiPlan has a 12 month low of $4.80 and a 12 month high of $48.80. The firm has a market capitalization of $474.15 million, a PE ratio of -0.31 and a beta of 0.13. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 21.73.

Wall Street Analyst Weigh In

Separately, Citigroup increased their target price on MultiPlan from $10.00 to $12.50 and gave the company 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.