Federated Hermes Invests Heavily in Signify Health
January 4, 2023
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Signify Health Intrinsic Stock Value – Signify Health ($NYSE:SGFY) is a healthcare technology company that focuses on improving patient outcomes and reducing costs through data-driven care solutions. Federated Hermes Inc. recently announced that it has increased its stake in Signify Health, Inc., becoming one of the company’s largest investors. The investment is part of Federated Hermes’ commitment to invest in innovative healthcare technology companies that have the potential to revolutionize the healthcare industry. Federated Hermes has a long history of investing in healthcare technology companies and believes Signify Health is uniquely positioned to revolutionize the industry. The investment from Federated Hermes will enable Signify Health to continue developing technology-driven solutions for payers, providers, and other healthcare organizations.
Specifically, the company plans to use the additional funds to expand its product offering and grow its customer base. Signify Health will also be able to leverage Federated Hermes’ deep industry expertise and knowledge on the healthcare system to better serve its customers. With this new investment, Signify Health is well-positioned to make an even bigger impact on the healthcare industry by continuing to develop innovative solutions that improve patient outcomes while reducing costs. This investment is an important step forward for Signify Health and will help them continue to provide valuable solutions to their customers.
Stock Price
On Tuesday, Signify Health (SIGNIFY HEALTH) experienced a slight decline in its stock price, opening at $28.6 and closing at $28.6, down 0.4% from its prior closing price of 28.7. Despite the decline, Federated Hermes has chosen to invest heavily into Signify Health. Federated Hermes is a global leader in asset management and investment stewardship. As a publicly-traded company, it is committed to investing in innovative companies that have potential for strong returns. Signify Health is one such company – a leading provider of virtual health care services that provide a comprehensive solution for managing patient’s health and wellness. In addition to the investments from Federated Hermes, Signify Health has also received financial backing from several venture capital firms, including GV and Oak HC/FT.
With these investments, Signify Health has been able to expand its offerings to include telehealth services, digital health platforms, and analytics tools. Signify Health’s focus on providing high-quality, comprehensive services to patients has been a driving force behind its success. The company’s platform combines the latest technology with a team of experienced medical professionals to ensure that every patient receives the best care available. The investments from Federated Hermes and other venture capital firms are an indication of the immense potential of Signify Health’s platform. With these investments, Signify Health is well-positioned to continue to innovate and expand its services to better serve patients’ needs. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Signify Health. More…
| Total Revenues | Net Income | Net Margin |
| 783.9 | -517.7 | 2.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Signify Health. More…
| Operations | Investing | Financing |
| 29.8 | -224.1 | -0.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Signify Health. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.72k | 862.4 | 2.79 |
Key Ratios Snapshot
Some of the financial key ratios for Signify Health are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.8% | 28.2% | -92.0% |
| FCF Margin | ROE | ROA |
| -0.4% | -61.6% | -26.2% |
VI Analysis – Signify Health Intrinsic Stock Value
The VI app makes it easy to identify the intrinsic value of Signify Health‘s shares, which is determined to be around $18.3. At this time, Signify Health’s stock is trading at $28.6, meaning it is currently overvalued by 56%. This could be a good opportunity for those looking to invest in the company, but it is important to remember that stock prices can change quickly, so investors should do their own research before investing. Signify Health has a range of products and services that could potentially increase its market share and bring in more customers, and this could result in further long-term growth. The current stock price could be an indicator of the company’s potential, but it is important to remember that stocks can be volatile and prices can quickly change, so investors should always conduct their own research and make sure they are making a sound financial decision. More…
VI Peers
In the healthcare industry, there is intense competition between Signify Health Inc and its competitors Accolade Inc, 1Life Healthcare Inc, and Teladoc Health Inc. All four companies are fighting for a larger share of the market, and each has its own unique strengths and weaknesses.
– Accolade Inc ($NASDAQ:ACCD)
Accolade Inc. is a provider of personalized health and benefits solutions. The company’s solutions include a mobile app and website that offer personalized guidance and support for health, benefits, and daily life; and an engagement platform that helps employers drive better health and benefits outcomes for their employees. Accolade Inc. has a market cap of $818.66M as of 2022 and a return on equity of -47.5%.
– 1Life Healthcare Inc ($NASDAQ:ONEM)
Life Healthcare Inc is a US based company that focuses on providing healthcare services. As of 2022, the company has a market cap of 3.34B and a ROE of -20.76%. The company has been struggling financially in recent years, which is reflected in its ROE. Despite this, the company continues to provide healthcare services to its patients.
– Teladoc Health Inc ($NYSE:TDOC)
Teladoc Health Inc is a company that provides telehealth services. It has a market cap of 4.11B as of 2022 and a Return on Equity of -81.03%. The company offers a variety of services such as primary care, behavioral health, and more.
Summary
Federated Hermes has recently made a substantial investment in Signify Health, a leading healthcare services and technology company. The investment is expected to enable the company to further its mission of transforming healthcare. Signify Health provides a number of services and products that help healthcare organizations improve efficiency and outcomes.
These include data-driven insights, predictive analytics, care management, population health management, and more. By investing in Signify Health, Federated Hermes is supporting healthcare innovation and helping to improve patient care.
