BrightSpring Health Services, Inc. (NASDAQ:BTSG) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Jennifer Phipps – Chief Accounting OfficerJon Rousseau – President and CEOJim Mattingly – CFO Conference Call Participants Jamie Perse – Goldman SachsBrian Tanquilut – JefferiesLinda Bolduc – Morgan StanleyWhit Mayo – Leerink PartnersUnidentified Analyst – Bank of…
Luis Alvarez I am updating my previous analysis on Cardinal Health (NYSE:CAH) in light of Q3 2024 earnings, which were released pre-market on Thursday, May 2nd. I had previously rated Cardinal Health a buy for the following reasons: The business was successfully growing on multiple fronts with plenty of room to go Cost mitigation was…
gabetcarlson Investment Overview Elevance Health (NYSE:ELV) will announce its Q1 2024 earnings next Thursday, April 18th ahead of the market open. When I last covered the company for Seeking Alpha it was July 2020, and Elevance – then known as Anthem – stock was trading at $271 per share. I gave it a “Buy” rating….
helen89 For the last several years, I’ve been constructive on CVS Health Corporation (NYSE:CVS). In my most recent article, published on November 28, 2023, I encouraged investors to “play the long” game. A Brief History Lesson No later than 2016, ex-CEO Larry Merlo recognized the corner drug store business wasn’t going to age well. So,…
In December, I had the privilege of attending the Africa Bitcoin Conference (ABC) in Accra, Ghana. As a public health professor with a background in health education and community health, this may seem like an odd conference to attend, but this trip was pivotal for me as it brought me to my father’s birth country…
Daniel Grizelj/DigitalVision via Getty Images Healthcare is a sector that has consistently demonstrated strong historical growth and is projected to continue growing. The sector’s ability to innovate and adapt to changing market conditions and regulatory environments makes it a big area to focus on for investors, but like all sectors, has been large-cap momentum dominant….
Syra Health Corp. (NASDAQ:SYRA) Q4 2023 Earnings Call Transcript March 25, 2024 9:00 AM ET Company Participants Ben Shamsian – IRDeepika Vuppalanchi – CEOSandeep Allam – Executive Chairman and PresidentPriya Prasad – CFO Operator Good morning, ladies and gentlemen, and welcome to Syra Health Fourth Quarter and Full Year 2023 Financial Results Conference Call. At…
jetcityimage/iStock Editorial via Getty Images Petco Health and Wellness Company (NASDAQ:WOOF) operates over 1500 pet care centers in the United States, Mexico, and Puerto Rico, as well as pet veterinary hospitals, under the Petco brand. The company also has the Petco mobile app, providing information on pet care and a convenient way to order products…
SANUWAVE Health Inc. (OTCQB:SNWV) Q4 2023 Results Conference Call March 22, 2024 8:30 AM ET Company Participants Morgan Frank – CEO & ChairmanToni Rinow – Chief Financial Officer Conference Call Participants Candace Laryea – MD Catastrophic Care Consultants Operator Good day, and welcome to SANUWAVE’s Fourth Quarter Results Conference Call. [Operator Instructions] Please note, today’s…
Zepp Health Corporation (NYSE:ZEPP) Q4 2023 Earnings Conference Call March 18, 2024 7:00 PM ET Company Participants Grace Zhang – Director of IRWang Huang – Chairman of Board of Directors and CEOLeon Cheng Deng – CFO Conference Call Participants Sid Rajeev – Fundamental Resource Corp. Operator Hello, ladies and gentlemen. Thank you for standing by…
BeritK/iStock via Getty Images Introduction I have been looking forward to sharing my updated thoughts on Hims & Hers Health (NYSE:HIMS). I took a week to digest the earnings call in order to make sure I put together a thoughtful piece. I have published eleven articles on Hims going back to November 2021. To put…
nastya_ph/iStock via Getty Images I first owned Hims & Hers Health, Inc. (NYSE:HIMS) in early 2021, when the company completed its merger with the SPAC, Oaktree Acquisition Corp. SPACs’ growing bad reputation, in combination with the falling market, forced me to exit my low-conviction positions, including HIMS. Last Spring, someone from my team brought Hims…
andreswd Investment action I recommended a buy rating for Health Catalyst (NASDAQ:HCAT) when I wrote about it the last time (14 Nov 2023), as I expected, HCAT to come out as a stronger business with a better profitability profile as management executes on their growth strategies. Based on my current outlook and analysis of HCAT,…
Pfizer Inc. (NYSE:PFE) TD Cowen 44th Annual Health Care Conference March 4, 2024 11:10 AM ET Company Participants David Denton – Chief Financial Officer and Executive Vice President Conference Call Participants Steve Scala – TD Cowen Steve Scala Well, good morning once again. We’re delighted to have Pfizer here at Cowen’s 44th Annual Healthcare Conference….
Monty Rakusen Bausch Health (NYSE:BHC) is a high-quality pharmaceutical company that has shown great resiliency and ability to innovate. However, it is also loaded with an expensive and heavy debt load of more than $20 billion that is weighing on the equity valuation. The key to resolving the leverage issues remains the complete or substantial…
Johner Images/Johner Images Royalty-Free via Getty Images In our last coverage of National Health Investors, Inc. (NYSE:NHI), we saw big improvements across every category and that softened our stance towards the REIT. We were also ready to buy the bonds should they move in the right direction and provide us with an 8% yield to…
Phibro Animal Health Corporation (NASDAQ:PAHC) Q2 2024 Earnings Conference Call February 8, 2024 9:00 AM ET Company Participants Richard Johnson – Chief Financial Officer Jack Bendheim – Chairman, President and Chief Executive Officer Daniel Bendheim – Executive Vice President, Corporate Strategy Glenn David – Incoming Chief Financial Officer Conference Call Participants Erin Wright – Morgan…
Encompass Health Corporation (NYSE:EHC) Q4 2023 Earnings Call Transcript February 8, 2024 10:00 AM ET Company Participants Mark Miller – Chief Investor Relations Officer Mark Tarr – President, CEO Doug Coltharp – CFO Conference Call Participants Joanna Sylvia Gajuk – Bank of America Kieran Ryan – Deutsche Bank Jared Haase – William Blair Scott Fidel…
Natali_Mis/iStock via Getty Images The following segment was excerpted from this fund letter. Sotera Health Company (NASDAQ:SHC) In a vacuum, SHC screens as my ideal type of business: one half of a duopoly market with good long-term growth where the product sold is mission critical to customers, with high switching costs, yet the product’s cost…
FatCamera/E+ via Getty Images Amid the volatile terrain that is biopharmaceuticals, Day One Biopharmaceuticals (NASDAQ:DAWN) is a leader when it comes to pediatric oncology. Day One, through its lead candidate, tovorafenib, has positioned itself as a player committed to addressing the unmet needs of pediatric cancer patients, and it has been progressing through clinical trials…
mediaphotos Elevance Health, Inc. (NYSE:ELV) reported earnings on January 24th with a favorable reception. Elevance Health is the largest commercial insurance company in the United States. Its comprehensive business model centers on ‘whole health’. Elevance Health’s services extend across various domains of healthcare. These include medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans…
Bloomberg/Bloomberg via Getty Images This article was co-produced with Chuck Walston. Although I characterize myself as a largely buy-and-hold investor, I’ll admit I kicked CVS Health Corporation (NYSE:CVS) stock to the curb when the company froze its dividend. I did this even though I understood the logic behind management’s decision. Back in 2017, CVS made…
BlackJack3D The Cooper Companies (NASDAQ:COO) has been quite successful in their core contact lens industry, experiencing high-single-digit growth. The company has been expanding into the women’s health business, with the CooperSurgical business mix increasing from 17% a decade ago to 32% of total revenue today. I believe their strategic business expansion makes sense, and they…
Teladoc Health, Inc. (NYSE:TDOC) 42nd Annual JPMorgan Healthcare Conference January 9, 2024 4:30 PM ET Company Participants Jason Gorevic – CEO Conference Call Participants Lisa Gill – JPMorgan Lisa Gill Good afternoon. My name is Lisa Gill, and I am the Head of Healthcare Services at JPMorgan. With me this afternoon, I have Teladoc Health….
Cardinal Health, Inc. (NYSE:CAH) J.P. Morgan 42nd Annual Healthcare Conference January 9, 2024 5:15 PM ET Company Participants Lisa Gill – Managing Director at JPMorgan Conference Call Participants Jason Hollar – CEO Aaron Alt – CFO Lisa Gill Good afternoon and thank you for joining us. My name is Lisa Gill and I head the…
MediaProduction Investment thesis Okay, admitted: This one’s a troubled child. At one point in 2015, the common stock of Assertio Holdings, Inc. (NASDAQ:ASRT) traded at ~$130. Less than a year later it had lost more than half of that value, and with the exception of a spike in late 2016, Assertio’s share price has known…
Spencer Platt The Health Care sector was one to generally avoid in 2023. Unless you were significantly overweight (no pun intended) in shares of Eli Lilly (LLY) and Novo Nordisk (NVO), it’s probable that you underperformed the S&P 500 given the Health Care Select Sector SPDR ETF’s (XLV) weak returns. Has the tide turned in…
pastorscott/E+ via Getty Images Universal Health Realty Income Trust (NYSE:UHT), founded in 1986 and headquartered in King of Prussia, PA, is a healthcare REIT that invests in and leases healthcare and human service related facilities, such as medical/office buildings, acute care hospitals, behavioral healthcare hospitals, specialty facilities, free-standing emergency departments, and childcare centers. Its portfolio…
deliormanli As China’s pharmaceutical sector battles through tough times, some biotechs are still managing to push ahead with novel drugs and make money along the way. HBM Holdings Ltd. (OTCPK:HBMHF) (2142.HK), for one, has found strength in numbers, striking drug development agreements with a host of prominent partners. On Friday came news of another licensing-out…
FatCamera/E+ via Getty Images In early October, I saw some signs of stabilization for shares of Elanco Animal Health (NYSE:ELAN) amidst a still very substantial debt pile. The company has been facing revenue declines and high debt for a while, creating a tough environment to operate within, certainly in a world of higher interest rates….
B4LLS Cardinal Health (NYSE:CAH), a global healthcare services and products company, operates with a diversified business model that covers pharmaceutical distribution and medical products. With operations in over 40 countries, it sources, purchases, warehouses, and distributes pharmaceutical products to pharmacies, hospitals, clinics, and other healthcare facilities. Additionally, it manufactures and distributes medical and laboratory products…
Tashi-Delek/E+ via Getty Images Investment Thesis Hims & Hers (NYSE:HIMS) is a telehealth platform that provides access to healthcare solutions. According to my estimates, HIMS is priced at 30x its 2025 free cash flow. What’s more, the business has no debt. There is a share repurchase program, but this is not a needle mover on…
vm Hims & Hers Health (NYSE:HIMS) has seen the stock snapback with the company continuing to report strong quarterly results and improved profits. The online health and wellness platform is also moving into AI based medical services along with a push into crucial weight loss management considering the soaring costs of related medicine. My investment…
martin-dm/E+ via Getty Images A Quick Take On Fractyl Health, Inc. Fractyl Health, Inc. (GUTS) has filed to raise $100 million in an IPO of its common stock, according to an SEC S-1 registration statement. The firm is developing treatments for Type 2 Diabetes and for obesity. Its lead procedural approach is already approved in…
LPETTET Company Overview CVS Health Corporation (NYSE:CVS) is a US-based integrated provider of healthcare solutions across the value chain from pharmacies and primary care to health insurance for commercial and governmental customers. It is the second largest healthcare services provider in the US behind UnitedHealthcare with more than 300k employees and $322bn in revenue as…
Luis Alvarez/DigitalVision via Getty Images In an article we published a year ago in Aug 2022, we expressed our optimism on the deal between Valvoline (NYSE:VVV) and Aramco (ARMCO) in which the former agreed to sell its Global Products (Lubricants) business in order to focus on growing its more competitive Retail Services business. Post-transaction, the…
Miosotis Jade In August, I believed that Petco Health and Wellness (NASDAQ:WOOF) has proven to be a real dog, suffering from declines in sales in the post-pandemic world, which hurts the bottom line at a time when debt was really high. Despite a huge discount in the shares, I feared the leverage overhang and quite…
jetcityimage Over the past two years, CVS Health Corporation (NYSE:CVS) investors have experienced ~33% top-to-trough drawdown. A raft of recent commentary from S.A. readers indicate a general aversion to the stock and disdain for the management team. On the other hand, I’ve owned CVS shares for about five years now. Sure, I would have preferred…
Spencer Platt Comments on our last coverage of the stock In our last coverage of CVS Health (NYSE:CVS) on February 3, 2020, we emphasized the economic moat of the company with a special focus on its acquisitions, brick-and-mortar store improvements, and its e-commerce offering. Back then the company had acquired Omnicare, Target Pharmacy, and Aetna….
alzay/iStock via Getty Images Investment Overview I last covered Oscar Health (NYSE:OSCR) in a detailed note for Seeking Alpha back in March this year, giving its stock a “Buy” recommendation – shares are up >100% since. Oscar announced its Q3 earnings one week ago on November 7th, reviving the share price, which had been flagging…
Aspira Women’s Health Inc. (NASDAQ:AWH) Q3 2023 Earnings Call November 13, 2023 4:30 PM ET Company Participants Nicole Sandford – President and Chief Executive Officer Torsten Hombeck – Chief Financial Officer Conference Call Participants Ben Haynor – Alliance Global Partners Operator Good afternoon, ladies and gentlemen, and welcome to the Aspira Women’s Health Incorporated Third…
bin kontan National Health Investors Inc. (NYSE:NHI) is a senior housing and skilled nursing REIT. This sector, which was the rage pre-COVID-19, got into a lot of difficulties after March 2020. The sector faced challenges from the high levels of mortality inflicted by COVID-19 on its primary users. It also faced increased costs from maintaining…
LifeStance Health Group, Inc. (NASDAQ:LFST) Q3 2023 Earnings Conference Call November 8, 2023 8:30 AM ET Company Participants Monica Prokocki – Vice President, Investor Relations Ken Burdick – Chief Executive Officer Dave Bourdon – Chief Financial Officer Danish Qureshi – Chief Operating Officer Conference Call Participants Craig Hettenbach – Morgan Stanley Lisa Gill – JP…
All_About_Najmi Investment Thesis Clover Health Investments, Corp.(NASDAQ:CLOV) has been on a transformative journey characterized by profitability objectives. I am thrilled by the company’s improving fundamentals, leading me to a long-term bullish stance. Its financial performance has been improving on a quarterly basis, which I believe reflects on its commitment to profitability objective. Given the company’s…
Hims & Hers Health, Inc. (NYSE:HIMS) Q3 2023 Earnings Conference Call November 6, 2023 5:00 PM ET Company Participants Alice Lopatto – VP, IR Andrew Dudum – Co-Founder, Chairman & CEO Yemi Okupe – CFO Conference Call Participants Glen Santangelo – Jefferies Daniel Grosslight – Citigroup Jack Wallace – Guggenheim Securities Jailendra Singh – Truist…
Evolent Health, Inc. (NYSE:EVH) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Seth Frank – Vice President, Investor Relations Seth Blackley – Chief Executive Officer, Co-Founder & Board Member John Johnson – Chief Financial Officer Conference Call Participants Ryan Daniels – William Blair Kevin Caliendo – UBS Unknown speaker –…
ipopba Teladoc Health, Inc. (NYSE:TDOC) is sinking towards multi-year lows despite the virtual care company reporting strong adjusted profits. The stock market convinced companies to focus on profits and now the fear is the lack of revenue growth. My investment thesis is ultra-Bullish on Teladoc Health, but the telemedicine provider needs to return to focusing…
USANA Health Sciences, Inc. (NYSE:USNA) Q3 2023 Earnings Conference Call October 25, 2023 11:00 AM ET Company Participants Andrew Masuda – Investor Relations Jim Brown – President and Chief Executive Officer Doug Hekking – Chief Financial Officer Brent Neidig – Chief Commercial Officer Conference Call Participants Anthony Lebiedzinski – Sidoti Doug Lane – Water Tower…
JHVEPhoto Investment Thesis Over the past five years, the shares of CVS Health Corporation (NYSE:CVS) have not changed much. I believe this is not likely to last long as valuation suggests that the shares are considerably undervalued amid present risks and offer a great upside and seemingly limited downside potential. YCharts Corporate profile CVS Health…
Bega9000/iStock Editorial via Getty Images Cost inflation and immense competition Keurig Dr Pepper (NASDAQ:KDP) has been significantly impacted by supply chain disruptions leading to higher input costs, logistics and manufacturing and labor costs. This is partially due to geopolitical uncertainty and its impact on commodity and energy prices. We believe that the current headwinds are…