WellPoint Inc. (NYSE:WLP) updated its FY13 earnings guidance on Monday. The company provided earnings per share guidance of $8.52 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $8.52, AnalystRatingsNetwork reports.
Shares of WellPoint Inc. (NYSE:WLP) opened at 90.84 on Tuesday. WellPoint Inc. has a one year low of $60.41 and a one year high of $94.36. The stock has a 50-day moving average of $90.9 and a 200-day moving average of $87.4. The company has a market cap of $26.836 billion and a P/E ratio of 10.00.
WellPoint (NYSE:WLP) last issued its quarterly earnings data on Wednesday, October 23rd. The company reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.31. The company had revenue of $17.70 billion for the quarter, compared to the consensus estimate of $17.63 billion. During the same quarter in the previous year, the company posted $2.09 earnings per share. The company’s revenue for the quarter was up 17.2% on a year-over-year basis. On average, analysts predict that WellPoint Inc. will post $8.51 earnings per share for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at UBS AG raised their price target on shares of WellPoint from $87.00 to $98.00 in a research note to investors on Monday, November 25th. They now have a neutral rating on the stock. On a related note, analysts at Zacks downgraded shares of WellPoint from an outperform rating to a neutral rating in a research note to investors on Friday, November 22nd. They now have a $97.00 price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of WellPoint in a research note to investors on Thursday, November 21st. They set an equal weight rating on the stock. Seventeen research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and an average target price of $91.75.
WellPoint, Inc (NYSE:WLP) is a health benefit company in terms of medical membership in the United States, serving 34.
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