Navigate this market better. Subscribe for FREE stock alerts and information.

Tuesday, August 9, 2011

Excellent Stock Value (NYSE: HNT)

Shares of HNT traded higher by 1.14% or $0.24/share to $21.31. Health Net Inc. is trading at a price to book ratio of 1.3. The PEG is 0.76 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.14. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 903695 shares of HNT exchange hands on a given day and today's volume is recorded at 1393979. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.

Health Net, Inc. (Health Net) is a managed care organization that delivers managed health care services through health plans and government-sponsored managed care plans.