eHealth, Inc. (NASDAQ:EHTH – Get Ranking) has been assigned an ordinary suggestion of “Hold” from the ten investigate corporations that are presently masking the inventory, MarketBeat.com experiences. Two study analysts have rated the inventory with a market score and 6 have issued a maintain ranking on the corporation. The typical 12-month price tag focus on amid brokers that have issued a report on the inventory in the past calendar year is $18.57.
EHTH has been the subject of many research experiences. Zacks Investment Investigation slash shares of eHealth from a “hold” rating to a “sell” score in a report on Wednesday, March 9th. Credit history Suisse Group lowered their rate goal on shares of eHealth from $31.00 to $16.00 and established a “neutral” score for the corporation in a report on Thursday, March 3rd. Citigroup reduce shares of eHealth from a “buy” ranking to a “neutral” ranking and reduced their target price for the corporation from $37.00 to $15.00 in a research observe on Monday, March 21st. Barclays slash shares of eHealth from an “overweight” score to an “equal weight” ranking and established a $22.00 goal price for the company. in a exploration observe on Tuesday, January 18th. Finally, Truist Economical cut shares of eHealth from a “buy” ranking to a “hold” score and set a $15.00 concentrate on value for the business. in a investigate observe on Wednesday, March 2nd.
Shares of EHTH inventory traded up $.13 for the duration of trading on Tuesday, hitting $8.58. 3,597 shares of the corporation were exchanged, compared to its ordinary quantity of 428,979. The company has a sector capitalization of $229.69 million, a selling price-to-earnings ratio of -1.83 and a beta of .37. The business’s 50-day simple relocating average is $11.27 and its 200 working day uncomplicated transferring regular is $21.34. eHealth has a twelve month minimal of $7.89 and a twelve thirty day period significant of $71.64.
eHealth (NASDAQ:EHTH – Get Score) very last posted its quarterly earnings results on Tuesday, March 1st. The money services service provider claimed $.25 EPS for the quarter, lacking the consensus estimate of $.62 by ($.37). The organization experienced income of $243.51 million for the quarter, compared to analyst estimates of $251.76 million. eHealth had a unfavorable return on equity of 7.99% and a adverse web margin of 19.39%. The business’s revenue for the quarter was down 17.% in contrast to the very same quarter final year. For the duration of the similar quarter in the prior 12 months, the business posted $2.21 earnings for every share. On ordinary, equities analysts predict that eHealth will article -3.33 earnings for each share for the present 12 months.
In other information, insider Phillip A. Morelock marketed 7,000 shares of eHealth inventory in a transaction that happened on Friday, March 4th. The shares had been offered at an common value of $11.75, for a complete worth of $82,250.00. The transaction was disclosed in a doc filed with the SEC, which is available by means of this connection. Company insiders own 5.00% of the company’s inventory.
Institutional traders have just lately modified their holdings of the small business. BNP Paribas Arbitrage SA increased its holdings in shares of eHealth by 116.2% for the duration of the 3rd quarter. BNP Paribas Arbitrage SA now owns 33,512 shares of the economical products and services provider’s inventory truly worth $1,357,000 right after purchasing an extra 18,015 shares through the interval. Centiva Money LP obtained a new position in eHealth in the 3rd quarter valued at approximately $204,000. Russell Investments Team Ltd. purchased a new stake in shares of eHealth in the 4th quarter truly worth approximately $8,328,000. Maverick Money Ltd. acquired a new stake in shares of eHealth for the duration of the 3rd quarter value roughly $9,096,000. At last, Balyasny Asset Management LLC acquired a new stake in shares of eHealth through the 3rd quarter valued at around $6,546,000. 91.11% of the stock is owned by hedge funds and other institutional investors.
eHealth Firm Profile (Get Ranking)
eHealth, Inc operates a wellness coverage marketplace that supplies customer engagement, training, and well being insurance coverage enrollment alternatives in the United States. The business operates in two segments, Medicare and Individual, Household and Smaller Small business. Its ecommerce platforms arrange and present wellness insurance plan info in numerous formats that enable people, families, and tiny businesses to research, evaluate, look at, and obtain a array of health insurance policy options.
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