Convey Health Solutions (CNVY) versus its rivals Critical analysis

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Convey Health Solutions (NYSE:CNVY – Get Rating) is one of 29 publicly traded companies in the “Miscellaneous Health and Related Services, Not Elsewhere Classified” sector, but how does it differ from its competitors? We will compare Convey Health Solutions to similar companies based on the strength of its profitability, analyst recommendations, valuation, earnings, risk, institutional ownership and dividends.

Profitability

This table compares the net margins, return on equity and return on assets of Convey Health Solutions and its competitors.

Net margins Return on equity return on assets
Transmit health solutions -2.90% 0.64% 0.41%
Pass competitors of healthcare solutions -4,259.99% -46.52% -28.30%

Benefits and evaluation

This table compares the revenue, earnings per share, and valuation of Convey Health Solutions and its competitors.

Gross revenue Net revenue Price/earnings ratio
Transmit health solutions $337.60 million -9.98 million dollars -29.00
Pass competitors of healthcare solutions $2.06 billion $88.53 million 10.00

Convey Health Solutions’ competitors have higher revenues and profits than Convey Health Solutions. Convey Health Solutions trades at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a summary of recent valuations and target prices for Convey Health Solutions and its competitors, as provided by MarketBeat.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
Transmit health solutions 0 2 5 0 2.71
Pass competitors of healthcare solutions 137 482 632 29 2.43

Convey Health Solutions currently has a consensus price target of $12.63, indicating a potential upside of 156.09%. As a group, companies in the “Miscellaneous Health and Related Services, Not Elsewhere Classified” category have an upside potential of 70.89%. Given Convey Health Solutions’ higher consensus rating and higher likely upside, research analysts clearly believe that Convey Health Solutions is more favorable than its competitors.

Institutional and Insider Ownership

90.7% of Convey Health Solutions shares are held by institutional investors. In comparison, 53.2% of the shares of all the companies “Miscellaneous health and related services, not elsewhere classified” are held by institutional investors. 25.3% of the shares of all “Miscellaneous Health and Related Services, Not Elsewhere Classified” companies are held by insiders of the company. Strong institutional ownership is an indication that endowments, large fund managers, and hedge funds believe a company will outperform the market over the long term.

Summary

Convey Health Solutions beats its competitors on 7 of the 11 factors compared.

Company Profile Transmit Healthcare Solutions (Get an assessment)

Convey Health Solutions Holdings, Inc. provides technology solutions and consulting services to assist clients with workflows related to product development, sales, member experience, clinical management, basic operations , as well as business intelligence and analysis. It operates through two segments, Technology Solutions and Consulting Services. The Technology Enabled Solutions segment offers technology solutions through a customizable web-based application that is used to identify, track and administer contracted services or benefits provided under a customer’s plan to its Medicare and Medicaid beneficiaries. It also provides healthcare data analytics to capture and assess gaps in risk documentation, quality, clinical care, and compliance. The company also offers health plan management, data analysis, ancillary benefits, consulting and software services. The Advisory Services segment offers sales and marketing strategies, vendor network strategies, compliance, star ratings, quality, clinic, pharmacy, risk analysis and adjustment. It serves government-sponsored benefits managers, Medicare, Medicare as well as pharmacies. The company was founded in 2001 and is based in Fort Lauderdale, Florida. Convey Health Solutions Holdings, Inc. is a subsidiary of TPG Cannes Aggregation, LP



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