eHealth Price Target Increased to $45.00 by Analysts at Cowen and Company (EHTH)
Analysts at Cowen and Company increased their price target on shares of eHealth (NASDAQ:EHTH) from $35.00 to $45.00 in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. The firm currently has an “outperform” rating on the stock. Cowen and Company’s price objective points to a potential upside of 1.95% from the company’s current price.
Shares of eHealth (NASDAQ:EHTH) traded up 13.85% on Friday, hitting $44.14. 915,173 shares of the company’s stock traded hands. eHealth has a 52 week low of $14.85 and a 52 week high of $32.24. The stock’s 50-day moving average is $28.12 and its 200-day moving average is $23.31. The company has a market cap of $812.8 million and a price-to-earnings ratio of 133.23.
eHealth (NASDAQ:EHTH) last issued its quarterly earnings data on Thursday, October 24th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.02 by $0.06. The company had revenue of $42.00 million for the quarter, compared to the consensus estimate of $41.35 million. During the same quarter last year, the company posted $0.09 earnings per share. eHealth’s revenue was up 11.8% compared to the same quarter last year. Analysts expect that eHealth will post $0.39 EPS for the current fiscal year.
Separately, analysts at Deutsche Bank raised their price target on shares of eHealth from $25.00 to $38.00 in a research note to investors on Friday. They now have a “hold” rating on the stock. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $32.80.
eHealth, Inc (NASDAQ:EHTH) offers Internet-based health insurance agency services for individuals, families and small businesses in the United States, as well as technology licensing and Internet advertising services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.