|Company name||WellCare Health Plans, Inc.|
|Live stock price||[stckqut]WCG[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$450.76|
|Target stock price (averages with growth)||$279.32|
|Target stock price (averages with no growth)||$450.76|
|Target stock price (manual assumptions)||$453.89|
The following company description is from Reuters: https://www.reuters.com/finance/stocks/company-profile/wcg
WellCare Health Plans, Inc., incorporated on February 5, 2004, is a managed care company. The Company focuses on government-sponsored managed care services, primarily through Medicaid, Medicare Advantage (MA) and Medicare Prescription Drug Plans (PDPs), to families, children, seniors and individuals with medical needs. The Company operates in three segments: Medicaid Health Plans, Medicare Health Plans and Medicare PDPs. As of December 31, 2016, it served approximately 3.9 million members in 50 states and the District of Columbia. As of December 31, 2016, it operated Medicaid health plans in Arizona, Florida, Georgia, Hawaii, Illinois, Kentucky, Missouri, New Jersey, New York and South Carolina. As of December 31, 2016, it offered MA coordinated care plans (CCPs) in certain counties in Arizona, Arkansas, California, Connecticut, Florida, Georgia, Hawaii, Illinois, Kentucky, Louisiana, Mississippi, New Jersey, New York, South Carolina, Tennessee and Texas. As of December 31, 2016, it also offered standalone Medicare PDPs in 50 states and the District of Columbia.
Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in WellCare Health Plans, Inc. as long as the indicators that I describe in my book The Confident Investor are favorable.
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