https://www.barrons.com/amp/articles/humana-stock-price-medicare-advantage-0fabd338
6 replies (most recent on top)
Down nearly 50% since the highs in late 2022. All while the S&P is at all time highs lol. That is a total destruction of a company that is not a high beta or growth story. Unreal.
Because Humana’s only line of business is basically Medicare. Yes, there’s some Medicaid but Humana is a one trick pony, so when things like this happen Humana will get hit the hardest.
Though, if MA rebounds, Humana will benefit greatly. High risk high reward.
Why is Humana struggling the most out of all MA companies? I dare say it is the leadership by far. Dark days are ahead I am afraid.
Back in December Cigna and Humana were roughly worth the same. Now Cigna is worth triple Humana.
Yes. All MA companies got dinged a little, but Humana got hammered hard. Bad strategic decision to only do primarily one line of business.
And with the STARS rankings inevitably tanking by cutting regional support and focusing their clinicians solely on mail order, the reimbursements are just going to get worse and worse, maintaining a death spiral.
All MA carriers did due to https://www.fool.com/investing/2024/04/02/why-shares-of-unitedhealth-group-cvs-health-and-hu/
Reminder that the stock of a company isn’t reflective of its health. I know it’s tough to keep getting bad news but Humana still made 2 billion last year and stock markets are very reactive. The earnings call April 24th is much more important.
52 week low. Yikes