Elevance Health (NYSE:ELV – Get Free Report) and Ramsay Health Care (OTCMKTS:RMYHY – Get Free Report) are both medical companies, but which is the better business? We will compare the two businesses based on the strength of their risk, valuation, institutional ownership, earnings, dividends, profitability and analyst recommendations.
Volatility and Risk
Elevance Health has a beta of 0.59, indicating that its stock price is 41% less volatile than the S&P 500. Comparatively, Ramsay Health Care has a beta of 0.18, indicating that its stock price is 82% less volatile than the S&P 500.
Insider & Institutional Ownership
89.2% of Elevance Health shares are owned by institutional investors. 0.3% of Elevance Health shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Dividends
Profitability
This table compares Elevance Health and Ramsay Health Care’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Elevance Health | 2.83% | 17.59% | 6.36% |
Ramsay Health Care | N/A | N/A | N/A |
Analyst Ratings
This is a summary of current ratings and recommmendations for Elevance Health and Ramsay Health Care, as reported by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Elevance Health | 1 | 6 | 12 | 0 | 2.58 |
Ramsay Health Care | 0 | 1 | 0 | 0 | 2.00 |
Elevance Health currently has a consensus target price of $411.06, suggesting a potential upside of 17.07%. Given Elevance Health’s stronger consensus rating and higher probable upside, research analysts plainly believe Elevance Health is more favorable than Ramsay Health Care.
Valuation & Earnings
This table compares Elevance Health and Ramsay Health Care”s top-line revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Elevance Health | $189.25 billion | 0.42 | $5.98 billion | $23.50 | 14.94 |
Ramsay Health Care | N/A | N/A | N/A | N/A | N/A |
Elevance Health has higher revenue and earnings than Ramsay Health Care.
Summary
Elevance Health beats Ramsay Health Care on 12 of the 13 factors compared between the two stocks.
About Elevance Health
Elevance Health, Inc., together with its subsidiaries, operates as a health benefits company in the United States. The company operates through four segments: Health Benefits, CarelonRx, Carelon Services, and Corporate & Other. It offers a variety of health plans and services to program members; health products; an array of fee-based administrative managed care services; and specialty and other insurance products and services, such as stop loss, dental, vision, life, disability, and supplemental health insurance benefits. The company operates in the pharmacy services business; and markets and offers pharmacy services, including pharmacy benefit management, as well as home delivery and specialty pharmacies, claims adjudication, formulary management, pharmacy networks, rebate administration, a prescription drug database, and member services. In addition, it provides healthcare-related services and capabilities, including utilization management, behavioral health, integrated care delivery, palliative care, payment integrity services, subrogation services, and health and wellness programs, as well as services related to data management, information technology, and business operations. Further, the company is involved in the National Government Services business. The company provides its services under the Anthem Blue Cross and Blue Shield, Wellpoint, and Carelon brand names. The company was formerly known as Anthem, Inc. and changed its name to Elevance Health, Inc. in June 2022. Elevance Health, Inc. was incorporated in 2001 and is headquartered in Indianapolis, Indiana.
About Ramsay Health Care
Ramsay Health Care Limited owns and operates hospitals. The company offers health care services to public and private patients. It operates facilities in approximately 530 locations in the Asia Pacific, the United Kingdom, France, and Nordics. Ramsay Health Care Limited was founded in 1964 and is based in Sydney, Australia.
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