Event-Driven Stocks

MAGELLAN HEALTH INC

Healthcare · Services-Hospitals · DE · SEC filings ↗ · Compare ⊕

Signs4 gooddetails ↓

Financials

SEC XBRL · annual
 FY20FY19FY18FY17FY16FY15
Revenue$1.12B$1.12B$4.96B$5.84B$4.84B$4.60B
Operating income
Net income$18.3M$431,000$24.2M$110.2M$77.9M$31.4M
Total assets$3.36B$3.09B$2.98B$2.96B$2.44B$2.07B
Total liabilities$1.46B$1.69B$1.69B$1.68B$1.34B$996.9M
Equity$1.87B$1.40B$1.29B$1.28B$1.10B$1.07B
EPS (diluted)$0.74$0.02$0.97$4.51$3.22$1.21
Shares out.24.7M23.9M24.3M23.6M24.7M26.7M

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

Key ratios

from filings · FY2020
Operating margin
Net margin
1.6%
Return on equity
1.0%
Return on assets
0.5%
Return on capital (ROCE)
Liabilities / assets
43.4%
Debt / equity
0.78×
Book value / share
$75.71
Revenue growth (YoY)
0.3%
Net income growth (YoY)
4134.3%

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 · FY2020
Accruals / assets
12.9%clean
Piotroski F-Score
6/8mixed

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.

Signs

4 good
  • Revenue is growing year-over-year
  • Conservative leverage (liabilities < 50% of assets)
  • Positive operating cash flow
  • Clean earnings (low accruals)

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

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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