Latest news with #HouseCalls
Business Insider
03-06-2025
- Business
- Business Insider
‘Time to Load Up,' Says KeyBanc About UnitedHealth Stock
UnitedHealth (NYSE:UNH) has had a very disappointing run so far this year, with shares of the healthcare giant down roughly 40% year-to-date, pushing its P/E valuation to levels not seen in over a decade. Confident Investing Starts Here: What began as a year of high hopes – buoyed by expectations of a favorable Medicare Advantage underwriting cycle under the new administration and UnitedHealth's strength relative to competitors – has unraveled rapidly. It started with underwhelming Q1 results, followed by a surprising CEO transition, suspended guidance, and signs of deeper challenges beneath the surface. These included rising costs for Medicare Advantage members at UHC, and under-coding issues tied to new Optum enrollees in 2024. Adding further pressure, the Wall Street Journal reported that the Department of Justice is investigating the company for potential Medicare fraud. But savvy investors take note. Beaten-down stocks often represent a big opportunity – that is after all what the maxim 'buy low, sell high' is all about. And it's definitely time to load up, says KeyBanc's Matthew Gillmor. 'In our view,' said the analyst, 'the stock has likely overshot to the downside.' Gillmore explains why. Historically, UNH has traded at a forward P/E multiple of 17–19x, but it now trades closer to 12x. Assuming a more normalized long-term multiple of 14x, this suggests an EPS power of roughly $21.50 – about $8.25 per share below the company's original 2025 guide. On a pre-tax basis, this equates to a $9.5 billion shortfall. In analyzing this gap, Gillmor thinks the market is assigning significant weight to pressures from Optum's coding headwinds and margin compression in the MA segment. 'We figure this implied EPS power potentially embeds ~0% margins for MA,' Gillmor explained. 'We think this is a very conservative posture that is unlikely to sustain over the long term.' Additionally, Gillmor thinks the challenges the company faces this year should be fixed in 2026. According to the analyst, the necessary corrective actions are already well understood: propose more conservative MA bids in June and make use of the HouseCalls program to improve coding accuracy for new members. Even partial success in implementing these measures could result in a meaningful earnings boost next year. For instance, recovering just $1.5 billion in Optum revenue – roughly half of the estimated opportunity – and improving MA margins by just 1% could add approximately $2.50 to EPS, representing an 11% uplift relative to 2025 consensus estimates. For jittery investors, Gillmor advises to hold steady as the current share price is too good to ignore. 'While patience will be required and uncertainty is elevated, we think the 12- month+ setup from here is attractive: UNH is the bellwether MCO, trading at a historically discounted valuation on depressed margins,' the analyst summed up. Bottom line, Gillmor assigns an Outperform (i.e., Buy) rating for UNH shares and although his price target goes from $450 to $400, the revised figure still offers a one-year upside of 31%. (To watch Gillmor's track record, click here) Turning now to the broader Street view, where UNH stock claims a Moderate Buy consensus rating based on a mix of 19 Buys, 6 Holds and 1 Sell. Going by the $378.32 average price target, a year from now, shares will be changing hands for a 24% premium. (See UNH stock forecast) To find good ideas for stocks trading at attractive valuations, visit TipRanks' Best Stocks to Buy, a tool that unites all of TipRanks' equity insights.
Yahoo
02-06-2025
- Business
- Yahoo
StockX Taps Frequent Nike, LeBron James Collaborator Daniel De Jesus Krueger as Head of Creative
StockX has named Daniel De Jesus Krueger as its new vice president and head of creative. In this role, the company said he will lead its global creative direction, defining the evolving StockX brand and its application through brand design, imagery, tone of voice, and overall storytelling. More from WWD EXCLUSIVE: Kizik Names Former Nike Exec Gareth Hosford as Its New CEO Dr. Martens Looks to Adidas For New Chief Brand Officer Dr. Martens Names Former Nike Exec Paul Zadoff as President of Americas Region Krueger joins StockX from entertainment group Fulwell Entertainment (formerly The Springhill Company, founded by LeBron James and Maverick Carter), where he led creative, storytelling, and branding for The Shop, the Emmy-nominated show co-created by Paul Rivera and Randy Mims. While at Fulwell, he helped it expand beyond a talk show on HBO to a global, consumer-facing brand that now includes live shows and tours, a men's grooming line, product merchandise — including a collaboration with Nike on a LeBron 21 x The Shop sneaker — and social media properties. Krueger also created and directed the first spinoff from The Shop, a pilot called House Calls. Before Fulwell Entertainment, Krueger led the Nike Brand Studio at Uninterrupted — a media company founded in 2014 by LeBron James and Maverick Carter — and oversaw work across the LeBron and Kobe brands as well as Sabrina Ionescu campaigns. Prior to that, during his time at Laundry Service (now Wasserman), he led art direction for T-Mobile's partnership with MLB and helped launch House of Hoops, a collaboration between Foot Locker and Nike. Over the course of his career, he has worked on projects with athletes including Shaquem Griffin, Mal Swanson, Andrew McCutchen, Bianca Andreescu, Diamond DeShields, Arike Ogunbowale, Darius Garland, Dina Asher-Smith, Sam Kerr, Devin Booker, Kyrie Irving, and LeBron James, among others. Nick Karrat, chief marketing officer at StockX, said in a statement that Krueger's track record 'speaks for itself.' 'He understands the power of brand storytelling and knows what it takes to get a project over the line without sacrificing creative integrity,' Karrat said. 'His passion for sneaker and streetwear communities and his deep work with influential voices in culture, sports, and music make him a perfect fit for the team. We're thrilled to have him on board for this next chapter of the StockX brand story.' Krueger added that he has been 'fortunate' to spend his career working with brands and people he genuinely believes in. 'I've followed it from the start and watched it grow into a global force,' Krueger noted. 'As a Chicago native, it's especially meaningful to help shape the next creative chapter of a Midwest-born brand. StockX sits at the intersection of sports, music, and entertainment — that kind of cultural relevance doesn't happen by accident, and being part of what's next is incredibly exciting.' Best of WWD All the Retailers That Nike Left and Then Went Back Mikey Madison's Elegant Red Carpet Shoe Style [PHOTOS] Julia Fox's Sleekest and Boldest Shoe Looks Over the Years [Photos] Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Health
- Yahoo
Orthopedic surgeon talks feet and ankle injuries
(WGHP) — The weather is getting warmer. We're outside more, working and playing, going barefoot or wearing flip-flops. Your health concerns addressed on our weekly House Calls Ahead of Memorial Day weekend, Brad Jones talks about foot and ankle injuries with an orthopedic surgeon in the FOX8 House Call. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
