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1 Comment
Independence Holding Company is currently in a long term uptrend where the price is trading 10.0% above its 200 day moving average.
From a valuation standpoint, the stock is 84.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.4.
Independence Holding Company's total revenue rose by 32.6% to $119M since the same quarter in the previous year.
Its net income has increased by 158.9% to $5M since the same quarter in the previous year.
Finally, its free cash flow grew by 75.6% to $14M since the same quarter in the previous year.
Based on the above factors, Independence Holding Company gets an overall score of 5/5.
Industry | Insurance - Life |
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Sector | Financial Services |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US4534403070 |
Beta | 0.78 |
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Market Cap | 841M |
Dividend Yield | 1.5% |
Target Price | 17.5 |
PE Ratio | 7.99 |
Independence Holding Company, through its subsidiaries, engages in health, pet, and life insurance businesses. The company's dental portfolio includes indemnity and PPO plans for employer groups of two or more lives, and for individuals; vision plans that offer a flat reimbursement amount for exams and materials; and short-term medical products for people with temporary needs for health coverage. It also provides supplemental products, including hospital indemnity, fixed indemnity limited benefit, critical illness, accident medical coverage, and life insurance products; pet insurance; and occupational accident insurance products, such as accidental death, accident disability, and accident medical benefits for occupational injuries to employees of companies. In addition, the company offers group long-term and short-term disability products to employers; New York short-term disability plan that offers temporary cash payments to replace wages lost; and group term life products, such as group term life, accidental death and dismemberment (AD&D), supplemental life and AD&D, and dependent life products. Further, it provides medicare supplements and advantages; employer group and individual insurance products, including self-funded programs; and affordable care act plans. Independence Holding Company markets its products through general agents, independent brokers, and independent producers. The company was incorporated in 1980 and is headquartered in Stamford, Connecticut.
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