MultiPlan (MPLN) Expected to Announce Quarterly Earnings on Tuesday

MultiPlan (NYSE:MPLN) is expected to be releasing its earnings data 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. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

MultiPlan Trading Down 0.5 %

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

Wall Street Analysts Forecast Growth

Separately, Citigroup boosted their target price on shares of MultiPlan from $10.00 to $12.50 and gave the stock a “neutral” rating in a research report on Friday, January 10th.

About MultiPlan

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.