How to buy Magellan Health (MGLN) shares in the UK

Learn how to easily invest in Magellan Health shares.

Magellan Health Inc (MGLN) is a publicly traded healthcare plans business based in the US. It opened the day at $94.29 after a previous close of $94.29. During the day the price has varied from a low of $94.165 to a high of $94.32. The latest price was $94.25 (25 minute delay). Magellan Health is listed on the NASDAQ and employs 9,000 staff. All prices are listed in US Dollars.

How to buy shares in Magellan Health

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: MGLN in this case.
  5. Research Magellan Health shares. The platform should provide the latest information available.
  6. Buy your Magellan Health shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.

Fees for buying 10x Magellan Health shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Platform fee Min. initial deposit Trading fee estimate
eToro Free Stocks logo £0 $10 £4.22
£848.80 total
Capital at risk
IG Share Dealing logo £0 £250 £13.23
£857.80 total
Capital at risk
Fineco logo £0 No minimum £8.45
£853.02 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo £0 £1 £20.40
£864.97 total
Capital at risk
Degiro Share Dealing logo £0 £0.01 £0.84
£845.42 total
Capital at risk
interactive investor Trading Account logo £9.99 per month No minimum £20.66
£865.23 total
Capital at risk
Stake logo £0 £50 £4.22
£848.80 total
Capital at risk
Halifax Share Dealing Account logo £36 per year £20 £20.06
£864.63 total
Capital at risk

Full comparison of share dealing platforms

Magellan Health share price (NASDAQ:MGLN)

Use our graph to track the performance of MGLN stocks over time.

Magellan Health price performance over time

Historical closes compared with the last close of $94.25

1 year (2021-09-27) -0.32%
2 years (2020-09-29) 26.15%
3 years (2019-09-27) 52.09%
5 years (2017-09-29) 9.21%

Is it a good time to buy Magellan Health stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page.

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Other fees apply. Capital at risk

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Magellan Health under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value.

P/E ratio

Magellan Health's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Magellan Health shares trade at around 8x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

PEG ratio

Magellan Health's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.93. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Magellan Health's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

EBITDA

Magellan Health's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $86.8 million (£0.0 million).

The EBITDA is a measure of a Magellan Health's overall financial performance and is widely used to measure a its profitability.

Magellan Health shares at a glance

Information last updated 2021-07-09.
Open$94.29
High$94.32
Low$94.165
Close$94.25
Previous close$94.29
Change$-0.04
Change %-0.0424%
Volume144,461
Information last updated 2022-02-27.
52-week range$82.94 - $99.36
50-day moving average$94.6818
200-day moving average$94.4727
Wall St. target price$95
PE ratio8.4858
Dividend yieldN/A (0%)
Earnings per share (TTM)$11.194

Do Magellan Health shares pay dividends?

We're not expecting Magellan Health to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

Share price volatility

Over the last 12 months, Magellan Health's shares have ranged in value from as little as $82.94 up to $99.36. A popular way to gauge a stock's volatility is its "beta".

MGLN.US volatility(beta: 1.04)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Magellan Health's is 1.0353. This would suggest that Magellan Health's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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