A number of firms have modified their ratings and price targets on shares of eHealth (NASDAQ: EHTH) recently:

  • 8/6/2019 – eHealth had its price target raised by analysts at Credit Suisse Group AG from $118.00 to $136.00. They now have an “outperform” rating on the stock.
  • 7/31/2019 – eHealth was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $121.00 price target on the stock. According to Zacks, “eHealth, Inc. is the parent company of eHealthInsurance, the leading online source of health insurance for individuals, families and small businesses. eHealthInsurance presents complex health insurance information in an objective, user-friendly format, enabling the research, analysis, comparison and purchase of health insurance products that best meet consumers’ needs. eHealth and eHealthInsurance.com are registered trademarks of eHealthInsurance Services, Inc. eHealth, Inc. and its technology was responsible for the nation’s first Internet-based sale of a health insurance policy. The Company is headquartered in Mountain View, California. “
  • 7/29/2019 – eHealth was upgraded by analysts at First Analysis from an “outperform” rating to a “strong-buy” rating. They now have a $136.00 price target on the stock, up previously from $106.00.
  • 7/26/2019 – eHealth had its price target raised by analysts at SunTrust Banks, Inc. to $150.00. They now have a “positive” rating on the stock.
  • 7/26/2019 – eHealth had its price target raised by analysts at Cantor Fitzgerald from $100.00 to $120.00. They now have an “overweight” rating on the stock.
  • 7/26/2019 – eHealth had its price target raised by analysts at Royal Bank of Canada from $89.00 to $111.00. They now have an “outperform” rating on the stock.
  • 7/25/2019 – eHealth was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “eHealth, Inc. is the parent company of eHealthInsurance, the leading online source of health insurance for individuals, families and small businesses. eHealthInsurance presents complex health insurance information in an objective, user-friendly format, enabling the research, analysis, comparison and purchase of health insurance products that best meet consumers’ needs. eHealth and eHealthInsurance.com are registered trademarks of eHealthInsurance Services, Inc. eHealth, Inc. and its technology was responsible for the nation’s first Internet-based sale of a health insurance policy. The Company is headquartered in Mountain View, California. “
  • 7/19/2019 – eHealth is now covered by analysts at First Analysis. They set an “outperform” rating and a $106.00 price target on the stock.
  • 7/18/2019 – eHealth was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/12/2019 – eHealth was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 7/10/2019 – eHealth is now covered by analysts at Credit Suisse Group AG. They set an “outperform” rating and a $104.00 price target on the stock.
  • 7/2/2019 – eHealth was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $99.00 price target on the stock. According to Zacks, “eHealth, Inc. is the parent company of eHealthInsurance, the leading online source of health insurance for individuals, families and small businesses. eHealthInsurance presents complex health insurance information in an objective, user-friendly format, enabling the research, analysis, comparison and purchase of health insurance products that best meet consumers’ needs. eHealth and eHealthInsurance.com are registered trademarks of eHealthInsurance Services, Inc. eHealth, Inc. and its technology was responsible for the nation’s first Internet-based sale of a health insurance policy. The Company is headquartered in Mountain View, California. “
  • 6/26/2019 – eHealth was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “eHealth, Inc. is the parent company of eHealthInsurance, the leading online source of health insurance for individuals, families and small businesses. eHealthInsurance presents complex health insurance information in an objective, user-friendly format, enabling the research, analysis, comparison and purchase of health insurance products that best meet consumers’ needs. eHealth and eHealthInsurance.com are registered trademarks of eHealthInsurance Services, Inc. eHealth, Inc. and its technology was responsible for the nation’s first Internet-based sale of a health insurance policy. The Company is headquartered in Mountain View, California. “
  • 6/24/2019 – eHealth was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/18/2019 – eHealth was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

EHTH stock traded down $0.26 during midday trading on Thursday, hitting $104.38. The stock had a trading volume of 244,978 shares, compared to its average volume of 532,830. The firm has a market cap of $2.45 billion, a price-to-earnings ratio of 165.68 and a beta of 1.08. The company has a current ratio of 4.12, a quick ratio of 6.03 and a debt-to-equity ratio of 0.08. eHealth, Inc. has a 1-year low of $25.98 and a 1-year high of $112.22. The company’s fifty day moving average price is $94.75.

eHealth (NASDAQ:EHTH) last released its earnings results on Thursday, July 25th. The financial services provider reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.53) by $0.47. The business had revenue of $65.80 million for the quarter, compared to analyst estimates of $40.98 million. eHealth had a net margin of 1.99% and a return on equity of 7.70%. The company’s revenue was up 101.2% on a year-over-year basis. Analysts predict that eHealth, Inc. will post 1.34 EPS for the current fiscal year.

In related news, Director Michael Goldberg sold 8,750 shares of the business’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $70.00, for a total value of $612,500.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO David K. Francis sold 2,000 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $109.54, for a total transaction of $219,080.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 176,364 shares of company stock worth $17,926,885. 5.00% of the stock is owned by company insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Quantamental Technologies LLC bought a new stake in eHealth in the first quarter valued at $29,000. Cubist Systematic Strategies LLC bought a new stake in eHealth in the second quarter valued at $46,000. Joseph P. Lucia & Associates LLC bought a new stake in eHealth in the second quarter valued at $46,000. Macquarie Group Ltd. bought a new stake in eHealth in the fourth quarter valued at $27,000. Finally, US Bancorp DE increased its stake in eHealth by 2,002.8% in the second quarter. US Bancorp DE now owns 757 shares of the financial services provider’s stock valued at $65,000 after purchasing an additional 721 shares in the last quarter. Institutional investors and hedge funds own 97.85% of the company’s stock.

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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