BidaskClub downgraded shares of eHealth (NASDAQ:EHTH) from a strong-buy rating to a buy rating in a report released on Thursday, BidAskClub reports.

EHTH has been the subject of a number of other reports. Craig Hallum raised PROS from a hold rating to a buy rating and raised their target price for the stock from $36.00 to $60.00 in a research note on Friday, April 26th. Credit Suisse Group assumed coverage on LTC Properties in a research note on Wednesday, July 10th. They issued an underperform rating and a $19.00 target price for the company. Zacks Investment Research downgraded EXACT Sciences from a hold rating to a sell rating in a research note on Tuesday, July 2nd. TheStreet downgraded Trinity Industries from a b rating to a c rating in a research note on Thursday, April 25th. Finally, Royal Bank of Canada set a $147.00 target price on Ameriprise Financial and gave the stock a hold rating in a research note on Friday, April 26th. Eleven analysts have rated the stock with a buy rating, The stock has a consensus rating of Buy and a consensus target price of $93.67.

NASDAQ EHTH opened at $86.84 on Thursday. The company has a fifty day moving average price of $80.82. eHealth has a one year low of $22.30 and a one year high of $95.50. The firm has a market cap of $1.97 billion, a P/E ratio of 105.90 and a beta of 1.23.

eHealth (NASDAQ:EHTH) last posted its quarterly earnings data on Thursday, April 25th. The financial services provider reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.16) by $0.49. eHealth had a positive return on equity of 5.82% and a negative net margin of 0.03%. The firm had revenue of $68.80 million during the quarter, compared to the consensus estimate of $51.61 million. During the same period in the prior year, the company earned ($0.07) EPS. The firm’s revenue was up 59.6% compared to the same quarter last year. On average, equities analysts predict that eHealth will post 1.17 EPS for the current fiscal year.

In related news, insider Robert S. Hurley sold 1,500 shares of the firm’s stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $60.47, for a total transaction of $90,705.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Scott N. Flanders sold 34,005 shares of the firm’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $60.95, for a total value of $2,072,604.75. The disclosure for this sale can be found here. Insiders have sold a total of 60,755 shares of company stock valued at $4,026,975 over the last three months. Corporate insiders own 4.14% of the company’s stock.

Several large investors have recently modified their holdings of EHTH. FMR LLC increased its position in shares of eHealth by 1,540.3% during the 1st quarter. FMR LLC now owns 1,644,434 shares of the financial services provider’s stock worth $102,514,000 after purchasing an additional 1,544,184 shares during the last quarter. Emerald Advisers LLC acquired a new stake in shares of eHealth during the 1st quarter worth about $23,504,000. Emerald Mutual Fund Advisers Trust acquired a new stake in shares of eHealth during the 1st quarter worth about $21,763,000. Prospect Capital Advisors LLC acquired a new stake in shares of eHealth during the 4th quarter worth about $9,826,000. Finally, Victory Capital Management Inc. boosted its holdings in eHealth by 27.2% during the 1st quarter. Victory Capital Management Inc. now owns 1,001,990 shares of the financial services provider’s stock valued at $62,464,000 after acquiring an additional 214,475 shares during the period. 98.04% of the stock is owned by hedge funds and other institutional investors.

eHealth Company Profile

eHealth, Inc provides private health insurance exchange services to individuals, families, and small businesses in the United States and China. The company operates through two segments, Medicare; and Individual, Family and Small Business. Its e-commerce platforms organize and present health insurance information in various formats that enable individuals, families, and small businesses to research, analyze, compare, and purchase a range of health insurance plans.

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Analyst Recommendations for eHealth (NASDAQ:EHTH)

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