NeueHealth (NEUE) Set to Announce Quarterly Earnings on Wednesday

NeueHealth (NYSE:NEUE) will be releasing its earnings data before the market opens on Wednesday, May 8th. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

NeueHealth (NYSE:NEUE) last released its quarterly earnings data on Wednesday, March 6th. The company reported $20.07 earnings per share for the quarter. The business had revenue of $292.87 million during the quarter.

NeueHealth Stock Up 1.5 %

NYSE:NEUE opened at $6.38 on Wednesday. The company has a 50-day simple moving average of $6.96. The firm has a market capitalization of $52.46 million, a price-to-earnings ratio of -0.04 and a beta of 0.85. NeueHealth has a twelve month low of $4.94 and a twelve month high of $37.20.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised their price objective on NeueHealth from $7.00 to $8.00 and gave the company a “sector perform” rating in a research note on Wednesday, March 13th.

Insider Activity

In other news, CEO George Lawrence Mikan III sold 3,463 shares of NeueHealth stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $7.30, for a total transaction of $25,279.90. Following the sale, the chief executive officer now directly owns 75,662 shares of the company’s stock, valued at $552,332.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 28,100 shares of company stock valued at $230,365. 64.30% of the stock is currently owned by corporate insiders.

About NeueHealth

NeueHealth, Inc, a healthcare company, provides various healthcare services for health consumers, providers, and payors in the United States. It operates through two segments: NeueCare and NeueSolutions. The NeueCare segment delivers healthcare services to ACA marketplace, medicare, and medicaid through owned and affiliated clinics.