WellPoint Inc Stock Buy Recommendation Reiterated (WLP)
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- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Health Care Providers & Services industry. The net income increased by 38.4% when compared to the same quarter one year prior, rising from $335.30 million to $464.20 million.
- WLP's revenue growth trails the industry average of 15.2%. Since the same quarter one year prior, revenues slightly increased by 1.4%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The debt-to-equity ratio is somewhat low, currently at 0.63, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels. To add to this, WLP has a quick ratio of 1.65, which demonstrates the ability of the company to cover short-term liquidity needs.
- Net operating cash flow has significantly increased by 1212.26% to $759.80 million when compared to the same quarter last year. In addition, WELLPOINT INC has also vastly surpassed the industry average cash flow growth rate of -16.92%.
--Written by a member of TheStreet Ratings Staff. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
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