Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
52.9 (1y: -7%)
Market Cap 2.28 B P/E(ttm) 15.00
Enterprise Value 993.77 M P/B 1.73
WCG- NYSE (USA)
WellCare Health Plans, Inc.
Not Rated
Top Ranked Predictable Companies
$52.90
Switch to:

GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry		 vs
history
Cash to Debt 7.666
WCG's Cash to Debt is ranked lower than
5882347% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 1.82 vs. WCG: 7.666 )
WCG' s 10-Year Cash to Debt Range
Min: 1.38   Max: No Debt
Current: 7.67
Equity to Asset 0.391
WCG's Equity to Asset is ranked lower than
9090900% of the 11 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.26 vs. WCG: 0.391 )
WCG' s 10-Year Equity to Asset Range
Min: -0.14   Max: 0.4
Current: 0.39
-0.14
0.4
Interest Coverage 71.9
WCG's Interest Coverage is ranked lower than
6666660% of the 15 Companies
in the Global Health Care Plans industry.

( Industry Median: 14.60 vs. WCG: 71.9 )
WCG' s 10-Year Interest Coverage Range
Min: 5   Max: No Debt
Current: 71.9
F-Score: 4
Z-Score: 4.58
M-Score: -1.37
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry		 vs
history
Operating margin (%) 4.00
WCG's Operating margin (%) is ranked lower than
7142850% of the 14 Companies
in the Global Health Care Plans industry.

( Industry Median: 4.00 vs. WCG: 4.00 )
WCG' s 10-Year Operating margin (%) Range
Min: -2.4   Max: 7
Current: 4
-2.4
7
Net-margin (%) 2.5
WCG's Net-margin (%) is ranked lower than
7692300% of the 13 Companies
in the Global Health Care Plans industry.

( Industry Median: 3.00 vs. WCG: 2.5 )
WCG' s 10-Year Net-margin (%) Range
Min: -2.4   Max: 4.3
Current: 2.5
-2.4
4.3
ROE (%) 14
WCG's ROE (%) is ranked lower than
7142850% of the 14 Companies
in the Global Health Care Plans industry.

( Industry Median: 11.20 vs. WCG: 14 )
WCG' s 10-Year ROE (%) Range
Min: -6.4   Max: 97.1
Current: 14
-6.4
97.1
ROA (%) 6.9
WCG's ROA (%) is ranked lower than
7142850% of the 14 Companies
in the Global Health Care Plans industry.

( Industry Median: 3.10 vs. WCG: 6.9 )
WCG' s 10-Year ROA (%) Range
Min: -6.1   Max: 10.6
Current: 6.9
-6.1
10.6
Revenue Growth (%) 0.9
WCG's Revenue Growth (%) is ranked lower than
8333325% of the 12 Companies
in the Global Health Care Plans industry.

( Industry Median: 8.20 vs. WCG: 0.9 )
WCG' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 34.8
Current: 0.9
0
34.8
EBITDA Growth (%) 28.3
WCG's EBITDA Growth (%) is ranked lower than
11111100% of the 9 Companies
in the Global Health Care Plans industry.

( Industry Median: 15.50 vs. WCG: 28.3 )
WCG' s 10-Year EBITDA Growth (%) Range
Min: 0   Max: 33.4
Current: 28.3
0
33.4
EPS Growth (%) 45.2
WCG's EPS Growth (%) is ranked lower than
14285700% of the 7 Companies
in the Global Health Care Plans industry.

( Industry Median: 13.00 vs. WCG: 45.2 )
WCG' s 10-Year EPS Growth (%) Range
Min: 0   Max: 54.6
Current: 45.2
0
54.6
ยป WCG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

WCG Guru Trades in Q2 2012

Andreas Halvorsen 1,082,100 sh (+230.01%)
Paul Tudor Jones 14,200 sh (+79.75%)
Joel Greenblatt 61,427 sh (+58.24%)
Steven Cohen 1,278,504 sh (+21.54%)
Jim Simons 1,193,000 sh (+5%)
Vanguard Health Care Fund 349,000 sh (unchged)
George Soros Sold Out
Jeremy Grantham Sold Out
Ray Dalio Sold Out
Chuck Royce Sold Out
» More
Q3 2012

WCG Guru Trades in Q3 2012

Ken Fisher 85,000 sh (New)
Ray Dalio 24,310 sh (New)
Joel Greenblatt 68,558 sh (+11.61%)
Vanguard Health Care Fund 349,000 sh (unchged)
Jim Simons Sold Out
Andreas Halvorsen 665,300 sh (-38.52%)
Paul Tudor Jones 8,600 sh (-39.44%)
Steven Cohen 220,762 sh (-82.73%)
» More
Q4 2012

WCG Guru Trades in Q4 2012

Chuck Royce 15,400 sh (New)
Pioneer Investments 70,200 sh (New)
Ken Fisher 85,000 sh (unchged)
Vanguard Health Care Fund 349,000 sh (unchged)
Andreas Halvorsen Sold Out
Ray Dalio Sold Out
Paul Tudor Jones 7,600 sh (-11.63%)
Joel Greenblatt 19,988 sh (-70.85%)
Steven Cohen 60,483 sh (-72.6%)
» More
Q1 2013

WCG Guru Trades in Q1 2013

Jim Simons 561,700 sh (New)
Vanguard Health Care Fund 349,000 sh (unchged)
Joel Greenblatt Sold Out
Chuck Royce Sold Out
Ken Fisher Sold Out
Paul Tudor Jones Sold Out
Pioneer Investments Sold Out
Steven Cohen 5,164 sh (-91.46%)
» More
» Details

Insider Trades

Latest Guru Trades with WCG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Joel Greenblatt 2013-03-31 Sold Out 0.06%$45.78 - $60.25 $ 52.9-1%0
Joel Greenblatt 2012-12-31 Reduce -70.85%0.18%$45.9 - $56.2 $ 52.96%19988
Ray Dalio 2012-12-31 Sold Out 0.02%$45.9 - $56.2 $ 52.96%0
Ray Dalio 2012-09-30 New Buy0.02%$52.83 - $67.42 $ 52.9-12%24310
Joel Greenblatt 2012-06-30 Add 58.24%0.09%$49.61 - $74.24 $ 52.9-11%61427
Ray Dalio 2012-06-30 Sold Out 0.05%$49.61 - $74.24 $ 52.9-11%0
George Soros 2012-06-30 Sold Out 0.05%$49.61 - $74.24 $ 52.9-11%0
Joel Greenblatt 2012-03-31 New Buy0.24%$52.38 - $71.1 $ 52.9-11%38820
Ray Dalio 2012-03-31 Add 899.98%0.05%$52.38 - $71.1 $ 52.9-11%45299
George Soros 2012-03-31 Add 42.86%0.02%$52.38 - $71.1 $ 52.9-11%50000
George Soros 2011-12-31 New Buy0.08%$35.45 - $57.84 $ 52.96%35000
Vanguard Health Care Fund 2011-12-31 Reduce -20.37%0.02%$35.45 - $57.84 $ 52.96%357539
Ray Dalio 2011-12-31 New Buy$35.45 - $57.84 $ 52.96%4530
Bruce Berkowitz 2011-03-31 Sold Out $29.9 - $41.44 $ 52.952%0
Bruce Berkowitz 2010-12-31 Reduce -38.82%0.43%$27.47 - $29.58 $ 52.985%3569800
Bruce Berkowitz 2010-09-30 Reduce -21.61%0.41%$22.92 - $29.51 $ 52.9104%5834967
George Soros 2010-06-30 Sold Out 0.01%$24.32 - $31.7 $ 52.987%0
George Soros 2010-03-31 Reduce -26.83%$26.01 - $37.66 $ 52.968%15000
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 15.00
WCG's P/E(ttm) is ranked lower than
6666660% of the 15 Companies
in the Global Health Care Plans industry.

( Industry Median: 13.30 vs. WCG: 15.00 )
WCG' s 10-Year P/E(ttm) Range
Min: 5.28   Max: 41.02
Current: 15
5.28
41.02
P/B 1.73
WCG's P/B is ranked lower than
5882347% of the 17 Companies
in the Global Health Care Plans industry.

( Industry Median: 1.60 vs. WCG: 1.73 )
WCG' s 10-Year P/B Range
Min: 0.36   Max: 6.62
Current: 1.73
0.36
6.62
P/S 0.29
WCG's P/S is ranked lower than
5555550% of the 18 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.41 vs. WCG: 0.29 )
WCG' s 10-Year P/S Range
Min: 0.04   Max: 0.95
Current: 0.29
0.04
0.95
EV-to-EBIT 4.14
WCG's EV-to-EBIT is ranked lower than
6249994% of the 16 Companies
in the Global Health Care Plans industry.

( Industry Median: 10.90 vs. WCG: 4.14 )
WCG' s 10-Year EV-to-EBIT Range
Min: 0.1   Max: 15.2
Current: 4.14
0.1
15.2
Shiller P/E 21.35
WCG's Shiller P/E is ranked lower than
100% of the Companies
in the Global Health Care Plans industry.

( Industry Median: vs. WCG: 21.35 )
WCG' s 10-Year Shiller P/E Range
Min: 8.85   Max: 31.17
Current: 21.35
8.85
31.17

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 4.6
WCG's Price/Net Current Asset Value is ranked lower than
7142850% of the 14 Companies
in the Global Health Care Plans industry.

( Industry Median: 15.40 vs. WCG: 4.6 )
WCG' s 10-Year Price/Net Current Asset Value Range
Min: 2.4   Max: 36.2
Current: 4.6
2.4
36.2
Price/Tangible Book 2.1
WCG's Price/Tangible Book is ranked lower than
9090900% of the 11 Companies
in the Global Health Care Plans industry.

( Industry Median: 2.60 vs. WCG: 2.1 )
WCG' s 10-Year Price/Tangible Book Range
Min: 0.8   Max: 10
Current: 2.1
0.8
10
Price/DCF (Projected) 1
WCG's Price/DCF (Projected) is ranked lower than
7692300% of the 13 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.80 vs. WCG: 1 )
WCG' s 10-Year Price/DCF (Projected) Range
Min: 0.3   Max: 0.9
Current: 1
0.3
0.9
Price/Median PS Value 0.9
WCG's Price/Median PS Value is ranked lower than
5555550% of the 18 Companies
in the Global Health Care Plans industry.

( Industry Median: 0.90 vs. WCG: 0.9 )
WCG' s 10-Year Price/Median PS Value Range
Min: 0.2   Max: 2.4
Current: 0.9
0.2
2.4
Price/Graham Number 1.1
WCG's Price/Graham Number is ranked lower than
11111100% of the 9 Companies
in the Global Health Care Plans industry.

( Industry Median: 1.70 vs. WCG: 1.1 )
WCG' s 10-Year Price/Graham Number Range
Min: 0.9   Max: 3.7
Current: 1.1
0.9
3.7
Earnings Yield (Greenblatt) 24.20
WCG's Earnings Yield (Greenblatt) is ranked lower than
6666660% of the 15 Companies
in the Global Health Care Plans industry.

( Industry Median: 10.10 vs. WCG: 24.20 )
WCG' s 10-Year Earnings Yield (Greenblatt) Range
Min: 6.6   Max: 1108.7
Current: 24.2
6.6
1108.7
Forward Rate of Return (Yacktman) 2.21
WCG's Forward Rate of Return (Yacktman) is ranked lower than
11111100% of the 9 Companies
in the Global Health Care Plans industry.

( Industry Median: 24.07 vs. WCG: 2.21 )
WCG' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 2.3   Max: 22.1
Current: 2.21
2.3
22.1

Business Description

Wellcare Health Plans, Inc. was formed in May 2002 when it acquired its Florida, New York and Connecticut health plans. From inception to July 2004, it operated through a holding company that was a Delaware limited liability company. In July 2004, immediately prior to the closing of its initial public offering, that company was merged into a Delaware corporation and the name of the Company was changed to WellCare Health Plans, Inc. The Company provides managed care services exclusively to government-sponsored health care programs, serving approximately 2.6 million members as of December 31, 2011. Through its licensed subsidiaries, as of December 31, 2011, it operated its Medicaid health plans in eight states, which are Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New York and Ohio, and its Medicare Advantage coordinated care plans in 119 counties across 12 states. The Company has three reportable operating segments: Medicaid, Medicare Advantage and Prescription Drug Plans, which are within its two main business lines: Medicaid and Medicare. Medicaid was established to provide medical assistance to low-income and disabled persons. It is state operated and implemented, although it is funded and regulated by both the state and federal governments. Medicare is a federal health insurance program that provides eligible persons age 65 and over, and some disabled persons, a variety of hospital, medical and prescription drug benefits. The Company's MA segment consists of MA plans which, following the exit of its PFFS product on December 31, 2009, is comprised of CCPs. MA is Medicare's managed care alternative to original Medicare, which provides individuals standard Medicare benefits directly through CMS. Prescription Drug Plans offers stand-alone Medicare Part D coverage to Medicare-eligible beneficiaries through its PDP segment. The Medicare Part D prescription drug benefit is supported by risk sharing with the federal government through risk corridors designed to limit the losses and gains of the drug plans and by reinsurance for catastrophic drug costs. It operates in a highly competitive environment to manage the cost and quality of services that are delivered to government health care program beneficiaries. The Company's health care operations are highly regulated by both state and federal government agencies.
Company Website
SEC Reports
Industry: Health Care Plans
Compare:UNH, ESRX, WLP, HUM, AET
Traded in other countries:UWQ.Germany
ยป More Articles for WCG

Headlines

Articles On GuruFocus.com
Fairholme Funds Buys T, VZ, STD, RDS.A and Sells GGP, HUM, WCG, FUR, TAL Apr 09 2011 
How to Follow Bruce Berkowitz Real Time; Buy AIG JOE and MBA, and Sell WCG, TALk and FUR Jan 07 2011 
Best Ideas for 2010, and for 2011 Jan 06 2011 
Bruce Berkowitz Buys GE, AIG, MS, BAC, CIT, Sells HUM, WCG, HTZ, BP Nov 15 2010 
WellCare Health Plans Inc. (WCG) COO Rex M Adams sells 5,837 Shares Aug 17 2010 
Stocks Berkowitz Kept On Selling: Sears Holdings Corp., WellCare Health Plans Inc., TAL Internationa Jun 22 2010 
Berkowitz Doubled Down on Stocks: AmeriCredit, Forest Laboratories, Hertz Global, Humana, RSC Holdin Mar 24 2010 
Bruce Berkowitz Health Care Plays: Humana Inc., WellPoint Inc., WellCare Health Plans Inc., Pfizer I Dec 02 2009 
WellCare Health Plans Inc. Reports Operating Results (10-Q) Nov 04 2009 
Bruce Berkowitz Healthcare Stocks: Pfizer Inc., WellPoint Inc., Forest Laboratories Inc., Humana Inc Sep 28 2009 


Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
Free 7-day Trial