eHealth, Inc. (NASDAQ:EHTH) Gets Typical Advice of “Hold” from Analysts
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eHealth, Inc. (NASDAQ:EHTH – Get Score) has been assigned an ordinary advice of “Hold” from the 10 research companies that are presently masking the stock, MarketBeat.com stories. Two exploration analysts have rated the stock with a offer ranking and 6 have issued a keep score on the corporation. The ordinary 12-thirty day period rate focus on amongst brokers that have issued a report on the inventory in the very last calendar year is $18.57.
EHTH has been the subject of several study studies. Zacks Investment decision Research lower shares of eHealth from a “hold” score to a “sell” rating in a report on Wednesday, March 9th. Credit rating Suisse Team lowered their selling price focus on on shares of eHealth from $31.00 to $16.00 and set a “neutral” score for the company in a report on Thursday, March 3rd. Citigroup reduce shares of eHealth from a “buy” rating to a “neutral” rating and decreased their concentrate on selling price for the corporation from $37.00 to $15.00 in a analysis be aware on Monday, March 21st. Barclays minimize shares of eHealth from an “overweight” ranking to an “equal weight” ranking and set a $22.00 goal value for the business. in a exploration take note on Tuesday, January 18th. Eventually, Truist Monetary cut shares of eHealth from a “buy” rating to a “hold” rating and set a $15.00 goal selling price for the company. in a study observe on Wednesday, March 2nd.
Shares of EHTH stock traded up $.13 all through trading on Tuesday, hitting $8.58. 3,597 shares of the enterprise ended up exchanged, compared to its normal volume of 428,979. The company has a market place capitalization of $229.69 million, a price-to-earnings ratio of -1.83 and a beta of .37. The business’s 50-working day straightforward shifting ordinary is $11.27 and its 200 working day simple going normal is $21.34. eHealth has a twelve thirty day period lower of $7.89 and a twelve month superior of $71.64.
eHealth (NASDAQ:EHTH – Get Rating) final posted its quarterly earnings benefits on Tuesday, March 1st. The economical solutions supplier reported $.25 EPS for the quarter, lacking the consensus estimate of $.62 by ($.37). The firm experienced income of $243.51 million for the quarter, compared to analyst estimates of $251.76 million. eHealth had a destructive return on equity of 7.99% and a damaging internet margin of 19.39%. The business’s earnings for the quarter was down 17.% when compared to the identical quarter very last yr. All through the exact same quarter in the prior calendar year, the business enterprise posted $2.21 earnings for every share. On ordinary, equities analysts predict that eHealth will write-up -3.33 earnings per share for the current 12 months.
In other news, insider Phillip A. Morelock bought 7,000 shares of eHealth inventory in a transaction that occurred on Friday, March 4th. The shares have been marketed at an typical price of $11.75, for a full price of $82,250.00. The transaction was disclosed in a document filed with the SEC, which is available via this link. Corporation insiders have 5.00% of the company’s inventory.
Institutional buyers have lately modified their holdings of the company. BNP Paribas Arbitrage SA improved its holdings in shares of eHealth by 116.2% throughout the 3rd quarter. BNP Paribas Arbitrage SA now owns 33,512 shares of the economic companies provider’s inventory value $1,357,000 just after buying an added 18,015 shares all through the time period. Centiva Cash LP obtained a new place in eHealth in the 3rd quarter valued at close to $204,000. Russell Investments Team Ltd. purchased a new stake in shares of eHealth in the 4th quarter worthy of around $8,328,000. Maverick Capital Ltd. acquired a new stake in shares of eHealth for the duration of the 3rd quarter worthy of somewhere around $9,096,000. Finally, Balyasny Asset Management LLC acquired a new stake in shares of eHealth for the duration of the third quarter valued at roughly $6,546,000. 91.11% of the inventory is owned by hedge resources and other institutional buyers.
eHealth Corporation Profile (Get Rating)
eHealth, Inc operates a overall health insurance market that offers purchaser engagement, instruction, and overall health coverage enrollment options in the United States. The business operates in two segments, Medicare and Person, Family members and Smaller Business. Its ecommerce platforms organize and present wellness insurance details in a variety of formats that enable people, people, and small firms to investigation, review, evaluate, and obtain a selection of wellness insurance policy programs.
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