Event-Driven Stocks

COVENTRY HEALTH CARE INC

Financials · Hospital & Medical Service Plans · DE · SEC filings ↗ · Compare ⊕

Signs6 gooddetails ↓

Financials

SEC XBRL · annual
 FY12FY11FY10FY09FY08
Revenue$3.69B$3.05B$11.59B$13.90B$11.73B
Operating income$276.5M$171.5M$689.3M$502.0M$585.5M
Net income$170.7M$110.2M$438.6M$242.3M$381.9M
Total assets$8.75B$8.81B$8.50B$8.17B
Total liabilities$4.03B$4.30B$4.30B$4.45B
Equity$4.72B$4.51B$4.20B$3.71B$3.43B
EPS (diluted)$1.20$0.73$2.94$1.64$2.54
Shares out.141.2M149.8M149.4M148.0M150.2M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2012
Operating margin
7.5%
Net margin
4.6%
Return on equity
3.6%
Return on assets
2.0%
Return on capital (ROCE)
4.1%
Liabilities / assets
46.0%
Debt / equity
0.85×
Book value / share
$33.45
Revenue growth (YoY)
21.1%
Net income growth (YoY)
54.9%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2012
Altman Z″ (distress)
3.79safe
Accruals / assets
3.4%clean
Beneish M-Score
-2.58normal
Piotroski F-Score
9/9strong

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
87
/ 100
Profitability 100Growth 100Catalyst 33Earnings quality 100Financial strength 100

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

6 good
  • Operating margin is positive
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)
  • Altman Z″ in the safe zone

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
5 acquisitions7 disposalsnet 58,843 shares · last 12
InsiderDateTypeSharesPrice
Nolan Timothy EOfficer — Executive Vice PresidentMay 7, 2013D24,663
Zielinski Thomas COfficer — EVP and General CounselMay 7, 2013Grant24
Demovick Harvey C JrOfficer — Executive Vice PresidentMay 7, 2013D4,374
Wise Allen FOfficer — Chief Executive OfficerMay 7, 2013Grant240
Tallett Elizebeth EDirectorMay 7, 2013D8,325
Stocker Michael ADirectorMay 7, 2013D12,983
Ackerman JoelDirectorMay 7, 2013D1,636
Giles Randy P.Officer — CFOMay 7, 2013Grant5
Ruhlmann John JOfficer — SVP and ControllerMay 7, 2013Grant40
Bahr Michael DOfficer — Executive Vice PresidentMay 7, 2013Grant33
Crandall L DaleDirectorMay 7, 2013D3,500
Mendelson Daniel NewmanDirectorMay 7, 2013D3,704

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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