CI

Cigna Corp.

Healthcare


Presented:11/26/2019
Price:$200.37
Cap:$74.82B
Current Price:$348.84
Cap:$97.52B

Presented

Date11/26/2019
Price$200.37
Market Cap$74.82B
Ent Value$96.87B
P/E Ratio17.61x
Book Value$116.40
Div Yield0.02%
Shares O/S373.43M
Ave Daily Vol2,156,426
Short Int1.52%

Current

Price$348.84
Market Cap$97.52B
Cigna Corp. is a global health service company, which is dedicated to improving the health, well-being and peace of mind. Its products and services include an integrated suite of health services such as medical, dental, behavioral health, pharmacy, vision, supplemental benefits and other related products including group life, accident and disability insurance. The company was founded in 1792 and is headquartered in Bloomfield, CT.

Publicly traded companies mentioned herein: Anthem Inc (ANTM), Cigna Corp (CI)

Highlights

The presenter is long shares of Cigna Corp (CI), and thinks that based on the company’s guidance, 2021 numbers should beat expectations. Taking a step back and tuning out the news cycle, CI is only up 6% YTD while earnings estimates have rolled forward another year, and they’ve delevered. Currently the stock trades at ~10x 2021 earnings. Based on a SOTP analysis, he thinks that the company can comfortably support a 15x multiple on $21 of earnings in 2021. That would imply 50% upside from the stock’s current price of $200. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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