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Is this Large Market Cap Stock target price reasonable for WellCare Health Plans, Inc. (NYSE:WCG)?

The company in question is, WellCare Health Plans, Inc. (NYSE:WCG) currently with a stock price of 114.43 (-0.07% today). The market cap for WellCare Health Plans, Inc. is 5068.33, and is in the sector Healthcare, and Health Care Plans industry. The target price for WellCare Health Plans, Inc. is 116.56. Currently WellCare Health Plans, Inc. is trading with a P/E of 28.74, and a forward P/E of 19.3. Average volume for WellCare Health Plans, Inc. is 385.61 and so far today it is 133172.

Performance in the last year for WellCare Health Plans, Inc. has been 32.93%. For EPS growth, WellCare Health Plans, Inc. has seen a growth of 85.20%, and is looking to grow in the next year to 18.16%. More long term stats show that EPS growth has been 32.70% over the last five years and could be 18.94% for the next five years. WellCare Health Plans, Inc. has seen sales growth quarter over quarter at 3.20%, with EPS growth quarter over quarter at 75.00%. The 20-day simple moving average is -0.12%, with the 200-day simple moving average coming to 16.30%.

Since the IPO date for WellCare Health Plans, Inc. on the 07/01/2004, WellCare Health Plans, Inc. has seen performance year to date to be 46.41%. With WellCare Health Plans, Inc. trading at 114.43, the dividend yield is *TBA, and the EPS is 3.99.

So could WellCare Health Plans, Inc., be undervalued? Well as said before P/E is 28.74. The PEG is 1.52, P/S is 0.36 and the P/B is at 2.72. The P/cash is 2.01, with P/free cash flow at 8.23.

WellCare Health Plans, Inc. ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.59, and total debt/equity at 0.59.

In terms of margins, WellCare Health Plans, Inc. has a gross margin of *TBA, an operating margin of 3.10% and a profit margin of 1.30%.Payout ratio for WellCare Health Plans, Inc. is 0.00%. Return on assets come to 3.40% with return on investment coming to 4.10%.

Insider ownership for WellCare Health Plans, Inc., is at 0.40% and institutional ownership comes to *TBA. Outstanding shares are at 44.26. While shares float is 44.07. The float short is currently 4.56%, and short ratio is 5.21.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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